The stock is a cigar butt
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I would never recommend anyone buy anything from an Agrify affiliated company. Iâm sure theyâLL have a giant booth on Vegas will look great. Good luck getting any support for any of that equipment down the road.
The actual manufacturer of Cascade Equipment will
hopefully support their products long into the future and youâll be able to get gaskets if you go directly to https://www.sheldonmanufacturing.com .
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Agrify has a few great plays right now. I think you meant the company is a cigar butt
Correct. The company is probably not gonna bounce back.
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Thx for the gasket link!
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It was a giant scheme for the CEO Chang to pump and dump a shit ton of his personal shares
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Retail sales are not business revenue. This number came from their D&B report. They could have lots of unfunded debt- tariff cost, inflation margin not keeping up, business insurance, warehousing price increase etc. Bulk commodities like organic amendments have a huge labor and cost of doing business.
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Yeah I would have to really dive into each divisions numbers to find a way out, but I know that Precision, Cascade, Pure Pressure and LS together are all similar businesses that should be break even to mildly profitable. I believe most of their losses come from the VFU division so selling or folding that should at least plug the largest holes and allow things to stabilize. If I had the capital I would look into acquiring controlling interest because the extraction side alone is definitely worth the money, and I know can get investors excited about the long term future of this company.
Wow its like a pissing contest in here. 
VFUâs always seemed silly lol.
Their original business plan really made no sense to anyone with industry experienceâŚ
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Vertical farming besides veg is horrible and and agrify developed the piss poorest and most expensive version of it.
TBH the green rush is over. Companies like precision have Already outfitted every possible lab they can. They only have new states to supply amd those will run out amd with the low ass cost of oil no one is upgrading
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Hmm. Precision was always shit tbh.
They are not adaptable business ownersâŚ
With their previous financial capabilities they should have invested heavily into manufacturing process R&D to ensure they keep relevancy in the market.
My company literally manufacturers efficient ETOH processing equipment than they could ever achieve without thousands of hours and pounds of R&D costs.
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They shut the bed plenty but the major stockholders Marc and Nick scaled it and exited. Successful af regardless
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Precision is probably top 3 worst companies to deal with. There equipment is sub par at best in its operating specs and customer service is basically non existent. Maybe if you spend millions with them they call you back but never even got the call to be able to spend that.
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Sike - not even then.
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Still waiting on a call back, been over 2 yrs now. The lab has long wince been outfitted and is closing now. They even knew what was being asked about for quotes and still no call, glad they didnât ive hated every piece of precision gear ive ever owned or ran.
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The green rush is mostly over in the U.S but hasnât even started in the rest of the world. IMO consolidation will take place to such an extent in the U.S that a few oversized players will exert their control and increases prices and margins across the board. That will probably take 10 years or more to play out though.
Evey where else except U.S and Canada is just setting up and lots of new equipment sales from there.
Plus all this equipment wears out and breaks down which is going to require either service or parts to fix them or will need a brand new system after one has become broken down beyond repair or simply obsolete. You can expect this to be a continuing revenue source from your customers.
This business model of selling expensive equipment once is obviously flawed though as you point out, which is the exact reason Agrify was able to come in and buy everyone out. Investors hate that business model but if you can get more predictable reoccurring revenue like as a saas company then you have a ârealâ business.
Letâs crowd fund a buyout when the stock hits a nickel
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You should lookup who holds their debt and contact them - if/when Agrify goes into receivership the lender will either auction those divisions off or maybe you can get a good exclusive deal
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you mean grow boxes 
I think the founders at Agrify picked up a High times from 2012 for their business plans
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