AwesomeStocks Hello! New Alert: Muscle Maker, Inc. (NASDAQ: GRIL) GRIL is our brand new NASDAQ alert that has a history of experiencing significant upside. GRIL could present a breakout opportunity with a chart setup suggesting the potential for increased gains. In addition, GRIL announced multiple breaking developments recently that could be growth catalysts for the company. GRIL is an âemerging player in the global food supply chain sectorâ. In late 2022, GRIL âbegan a transformation from a U.S.-centric restaurant business into a global, food-focused organization with two distinct business unitsâ: MMI Restaurant Group has â50+ units across two fast casual conceptsâ and a âsubscription-based fresh meal service with 30+ points of distribution plus in-home and national deliveryâ. In addition, the companyâs âlargest operating unitâ, âagri-foods subsidiary, Sadot LLC, connect producers and consumers across the globe, delivering agri-commodities from producing geographies such as the Americas, Africa, and the Black Sea to consumer markets in Southeast Asia, China, and the Middle East/North Africa (MENA) regionâ. GRIL âand Sadot currently operate within three verticals of the global food supply chain includingâ: - âfarming and warehousing,â
- âglobal agri-commodity sourcing and trading operations for food/feed products such as soybean meal, wheat, and corn andâ
- âfood service operations with more than 50 restaurants across the U.Sâ GRIL âand Sadot continue to grow in size, diversity of operations, as well as in human and financial capital, but the principles that guided the Company remain the same - sourcing and providing healthier foodsâ. GRIL is âheadquartered in Ft. Worth, Texas with offices and operations in the U.S., Dubai, Israel, Singapore, Ukraine, and Zambiaâ. GRIL has announced multiple accomplishments recently that could be significant growth catalysts for the company. In June, the company announced: âMuscle Maker Inc Subsidiary, Sadot LLC, Announces Strategic Agreement Expanding Commodity Trade Routes into the Americasâ As the company further explains: âThe expansion into North, Central and South America positions Sadot and MMI for continued growth as the Company grows its global supply chain business. With a strengthened trade network spanning the Americas, Sadot is well-positioned to pursue its goal of seizing market opportunities and delivering increased growth for the Company and its shareholders.â Here are some of the companyâs comments from this press release: "Expanding and diversifying our trade routes to include transactions in the Americas aligns perfectly with our growth strategy," said Michael Roper, MMI's CEO. "We believe this collaboration with Buenaventura Trading and its team of experienced consultants will not only enhance our market presence but also enable us to deliver greater value to our customers and stakeholders. As we establish new relationships and new geographies, we anticipate the ability to continue to scale our revenues." In addition, the company announced a big accomplishment: âMuscle Maker, Inc. Added to Russell Microcap(R) Indexâ As the company further explains: âThe Company believes the addition to the Russell Microcap® index reflects the progress and strategic advancements made by the Company as it continues its planned transformation into the global food supply chain. This recognition comes on the heels of MMI's financial performance, highlighted by an over 7000% year-over-year top line revenue growth in the first quarter of 2023 versus the first quarter of 2022.â âDuring the past 12 months, MMI's share price appreciated approximately 300%, outpacing the popular technology-laden NASDAQ Composite, which saw an increase of approximately 16% during this same time period.â Importantly: âMembership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.â In addition: âRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.â Here are some of the companyâs comments from this press release: "We believe that our inclusion in the prestigious Russell Microcap® Index is a testament to the progress MMI has made on its strategic path," stated MMI's Chief Executive Officer, Michael Roper. "The incorporation of our Sadot subsidiary, which has yielded a net income of $9.9 million since its inception in November 2022 through May 31, 2023, showcases, we believe, our steadfast commitment to the growth of our agri-commodity enterprise. This accomplishment serves as a compelling testament to the heightened emphasis we place on expanding our agri-commodity business, underscoring our continuous dedication to enhancing shareholder value." On Monday, the company announced big breaking news: âMuscle Maker Inc. Reports Top Line Revenue Over $45.7 Million for June 2023â âFORT WORTH, TX / ACCESSWIRE / July 24, 2023 / Muscle Maker Inc. (MMI), the "Company" (Nasdaq:GRIL), today announced that Sadot LLC, a wholly-owned subsidiary, crossed the $500 million total revenue since inception milestone by achieving top line revenue of over $45.7 million for the month of June 2023. The announcement marks the eighth consecutive month in which top line revenue has exceeded $45 million and shows continued success of Sadot LLC with total revenue since inception in November 2022 of over $515 million.â In addition, just this morning, the company announced breaking news: âMuscle Maker Inc. (Nasdaq: GRIL) Announces Name Change and Rebranding to Sadot Group Inc. (Nasdaq: SDOT)â âFORT WORTH, TX / ACCESSWIRE / July 26, 2023 / Muscle Maker Inc. (NASDAQ:GRIL) ("MMI" or the "Company"), today announced its corporate rebranding from MMI to Sadot Group Inc. effective July 27, 2023. The Company's stock ticker symbol will change from "GRIL" to "SDOT" on the Nasdaq stock exchange, and trading under the new stock ticker symbol will commence on July 27. Holders of common stock are not required to exchange current outstanding stock certificates for new stock certificates.â GRIL could be in a position to experience increased growth. Make sure to do your own due diligence. Sources: [Presentation]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [PR9]( [PR10]( [PR11]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. 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