New virus means more demand for home delivery. Next quarter will beat expectations. Let's see one dollar 💵💰
W
On the Vote, vote Against on all and Withhold on all. Hold their feet to the fire.
D
We'll see a significant improvement in the next quarter. 0.30 - 0.40 by end of the month.
J
Much of the loss was due to a goodwill write off. Future revenue reports will be much better without a 67 million dollar write off. In other words, the books have been cleaned, they have enough cash going forward, and previous initiatives look positive.
S
I read the full report, not great but there is some point that i think might help this company in the future 1. 2 company they purchased last year actually increase in revenue 2. More major restaurant will Join the platform by 2nd or 3rd quarter 3. Debt are cut in half 4. They will rebrand to ASAP and delivering anything 5. New concept at the stadium, instead you wait in the line, they bring the food to you
What do you think?
K
OTC is okay no problem with it Traders are huge there
T
The core business is on a major slump they need and seem to be making moves to grow their delivery opportunities in other areas outside of just traditional food services.
I like the stadium program, if they can make it work I think it will do extremely well. i would pay to use that service.
I also like the fact they cut their debt in half
"We had approximately $131 million of debt. With our newly negotiated pay-down and extension of the debt maturity to May 15, 2024, the Company’s debt balance will be approximately $65 million, a decrease of 50% over this time,"
G
can it go any lower?? 😪
W
New to this board but LONG time Waitr shareholder. Please join us on Twitter as we demand answers from the company that we so much deserve as investors. https://twitter.com/WaitrInvestors
D
I think we are going to be surprised. Nice climb coming.
W
WTRH needs to lower their restaurant commissions for starters. I'm a large shareholder, mainly because I cannot get out now, and I only use Door Dash because it's more than half the price. How can WTRH make money if they charge too much and keep spending money signing athletes who don't do anything for the business?
T
If the CEO had any vision he would package up the company and sell it
M
Not selling ! I Either lose it all or win big time one day! Any longs left here?
M
Let's Go Carl! He's done such a great job as Chairman of the Board and CEO. It takes uncommon skill to lose 90% of your company's value in less than one year. Did you know he recently gave himself a 3 million dollar bonus? "The Employment Agreement provides for the following compensation to the Reporting Person: • a base salary of $83,333 per month; • a bonus of $3,000,000 to be paid if the Reporting Person served through January 3, 2022, which he satisfied, and such bonus was paid in January 2022; • an option, issued under the Option Agreement, exercisable for 9,572,397 shares of the common stock at an exercise price of $0.37 per share, which is fully exercisable; and • an award of 3,500,000 RSUs, issued under the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan (the “Omnibus Incentive Plan”) pursuant to a Restricted Stock Unit Award Agreement between the Company and the Reporting Person dated April 23, 2021." Check the latest Form 13D dated April 27, 2022 if you don't believe Carl got a 3 million dollar bonus. I don't know about you but I think it's atrocious and outrageous that anyone should be rewarded for doing an absolute horrible job.
Management dump our investment and maximized their earning and rewards
1. 2 company they purchased last year actually increase in revenue
2. More major restaurant will
Join the platform by 2nd or 3rd quarter
3. Debt are cut in half
4. They will rebrand to ASAP and delivering anything
5. New concept at the stadium, instead you wait in the line, they bring the food to you
What do you think?
Traders are huge there
I like the stadium program, if they can make it work I think it will do extremely well. i would pay to use that service.
I also like the fact they cut their debt in half
"We had approximately $131 million of debt. With our newly negotiated pay-down and extension of the debt maturity to May 15, 2024, the Company’s debt balance will be approximately $65 million, a decrease of 50% over this time,"
• a base salary of $83,333 per month;
• a bonus of $3,000,000 to be paid if the Reporting Person served through January 3, 2022, which he satisfied, and such bonus was paid in January 2022;
• an option, issued under the Option Agreement, exercisable for 9,572,397 shares of the common stock at an exercise price of $0.37 per share, which is fully exercisable; and
• an award of 3,500,000 RSUs, issued under the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan (the “Omnibus Incentive Plan”) pursuant to a Restricted Stock Unit Award Agreement between the Company and the Reporting Person dated April 23, 2021." Check the latest Form 13D dated April 27, 2022 if you don't believe Carl got a 3 million dollar bonus. I don't know about you but I think it's atrocious and outrageous that anyone should be rewarded for doing an absolute horrible job.