Tattooed Chef Inc (CE) (TTCFQ) Noticias

hello all, i saw this on their web site, does anyone have any other information as a share holder.
PLANTED VENTURES
LLC deliberately acquired the Tattooed Chef brand and we are now relaunching it into the market. This decision transcends mere business; it’s about honoring our heritage and the profound mark of the Tattooed Chef brand. To achieve this, we’ve also acquired a facility in Italy where we’ve always sourced vegetables, allowing us to maintain control over innovation, quality, and product availability. In this new phase, our dedication to excellence and innovation continues as we craft plant-based options that inspire joy and connections. Join us in redefining positive impact, one delicious meal at a time.

is this a life line or just more nails in the coffin
Item 1.01 Entry into a Material Definitive Agreement
As previously disclosed, on July 2, 2023 (the “Petition Date”), Tattooed Chef, Inc. (the “Company”) and certain of its direct and indirect subsidiaries (collectively, the “Company Parties”) filed a voluntary petition (the “Chapter 11 Cases”) under Chapter 11 of the U.S. Bankruptcy Code (the “Bankruptcy Code”) in the U.S. Bankruptcy Court for the Central District of California (the “Bankruptcy Court”). The Company Parties’ Chapter 11 proceedings are jointly administered under the caption “In re: Ittella International, LLC, et al.”, Case Number 2:23-bk-14154-SK (the “Chapter 11 Cases”). The Company Parties continue to operate their business in the ordinary course and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.
On July 6, 2023, at a hearing before the Bankruptcy Court, the Bankruptcy Court entered an interim order (the “Interim DIP Order”) approving the DIP Facility (as defined below) on an interim basis, providing the Company Parties with additional capital to continue to operate during the pendency of the Chapter 11 Cases.
On July 11, 2023, the Company Parties and UMB entered into a Senior Secured Super-Priority Priming Debtor-In-Possession Loan and Security Agreement (the “DIP Credit Agreement”), which provides for a $6,000,000 senior secured super-priority debtor-in-possession credit facility (the “DIP Facility”) consisting of (i) new money revolving loans in an aggregate amount of up to $3,000,000, and (ii) roll-up loans (where prepetition secured obligations to UMB are converted into post-petition secured obligations under the DIP Facility) in an aggregate amount of $3,000,000 (collectively, the “DIP Loans”). UMB’s obligations to fund the DIP Loans are contingent upon the satisfaction of certain conditions set forth in the DIP Credit Agreement, including, without limitation, the entry of the Interim DIP order and final orders by the Bankruptcy Court approving the DIP Facility and its terms (the “DIP Orders”). The proceeds of all or a portion of the DIP Facility may be used by the Company Parties in accordance with the budget provided for therein, including, without limitation, to (i) pay the administrative costs of the Chapter 11 Cases and the DIP Facility and (ii) for general working capital purposes, in all cases on the terms, and subject to the conditions, set forth in the DIP Credit Agreement, the DIP Orders, and other applicable orders of the Bankruptcy Court.
Pursuant to the terms of the DIP Credit Agreement, interest will accrue on the principal balance of the DIP Loans at a rate per annum equal to the secured overnight financing rate as administered by the Federal Reserve Bank of New York, adjusted daily, plus 5%, provided that in no event will the interest rate be less than 5% per annum. The Company Parties are also obligated to pay UMB a $60,000 fee in consideration of the DIP Facility, which is payable in full on the Maturity Date (as defined below). The DIP Facility includes conditions precedent, representations and warranties, affirmative and negative covenants and events of default customary for financings of this type and size. The occurrence of any event of default will cause the principal balance of the DIP Loans to accrue interest at a rate per annum equal to 2% above the non-default interest rate. Unless accelerated as a result of an event of default, all obligations under the DIP Facility shall mature and be due and payable in full on September 30, 2023 (the “Maturity Date”).
Subject to entry of the DIP Orders, the Company Parties’ obligations under the DIP Credit Agreement will be (i) secured by, among other things, (a) first priority, priming security interests in substantially all of the Company Parties’ assets, subject only to certain carve outs and permitted exceptions, as set forth in the DIP Credit Agreement and DIP Orders, and (b) a Deed of Trust Assignment of Rents and Leases, Security Agreement and Fixture Filing among UMB and certain of the Company Parties covering the Company’s New Mexico facilities, and (ii) granted super-priority administrative claim status in the Chapter 11 Cases, subject only to certain carve outs, as set forth in the DIP Credit Agreement and DIP Orders. The foregoing description of the DIP Credit Agreement and DIP Facility does not purport to be complete and is qualified in its entirety by reference to the DIP Credit Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

TTCF changed to TTCFQ, bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

Tattoos, vegans and bud light. Chap 11.

had hi hopes for this company,
the riced cauliflower is good.

Bottom is in. This shouldn't go under .24 I'm expecting a move up.

More red.

lil green

yikes

New Investor Deck!

https://ir.tattooedchef.com/static-files/c3299917-6be0-47dc-b7e7-d2d5a825a682

Pathetic.

Earnings after mkt close tomorrow.

I hope they report great numbers and blow up the shorts.

Bullish!

https://ir.tattooedchef.com/static-files/9d7e0605-fc80-4267-9da5-9b031d5f5d77

TATTOOED CHEF SCHEDULES 2021 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS AND CONFERENCE CALL
Mar 15, 2022


https://ir.tattooedchef.com/news-releases/news-release-details/tattooed-chef-schedules-2021-fourth-quarter-and-full-year

Looking good for earnings tomorrow.

Tattooed Chef: A Winning Brand In A Rocketing Plant-Based Food Industry
Feb. 25, 2022 1:57 PM ET

https://seekingalpha.com/article/4490610-tattooed-chef-a-winning-brand?mailingid=26835469&messageid=2800&serial=26835469.147&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=26835469.147

Conclusion

Given its current outlook, I rate TTCF as a buy for the mid to long-term investing horizons. The company has a strong underlying strategy and is well on its way to creating a successful brand within a fast-growing industry. Investors should remain wary of the stock's extreme volatility and take this risk into full consideration before investing. For those willing to ride the stock for years to come, however, TTCF has the potential to provide solid returns if its brand continues to grow and management can keep OPEX manageable.

Tattooed Chef: Should Investors Buy the Stock Now?

https://www.fool.com/investing/2022/02/04/tattooed-chef-should-investors-buy-the-stock-now/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

"The upside is undoubtedly enticing, considering that Tattooed Chef's market cap is just $1 billion. Tattooed Chef seems to have enough potential that it's worth taking a position in, but it's a risky stock until it proves it can execute; in other words, it needs to grow revenue while showing a path to turning a profit.

The great news about a company like Tattooed Chef is that you don't need many shares to make a lot of money. A smaller position size would still work out if the stock becomes an eventual multi-bagger while limiting risk to your portfolio if the company never operates the way it needs to."

A good day today!

Very sad to see this continue to struggle week after week, month after month.

Sub $12 is a disgrace.

Sure glad I dumped the bulk of shares prior to Year-end and only have 50 shares left.

Holding remaining shares to see if this can ever get back to $30 and hold that level to consolidate, then move upwards in 2023 and into the future.

Time will tell if this flops or is successful in 2,3,5 and 10 years.

Agree.

Extremely oversold!

Don't get Bravo.

Anyone else see the new TTCF ad on Bravo TV's Below Deck last night? Very refreshing to see some mass marketing

Up again today. So far.

Finally an up day. The couple weeks brutal.

We have a pulse.

We may have bottomed. Let's go!

Can't believe this hit $15.50 today.

A promising company continuing to head south. Not looking good.

Must likely selling remaining position by Year-end.

Tattooed Chef promotes insider to Chief Operating Officer, former COO to transition to CFO

Nov. 30, 2021 4:17 PM ETTattooed Chef, Inc. (TTCF)By: Lucas Heilman, SA News Editor

Tattooed Chef (NASDAQ:TTCF) announces the promotion of Gaspare Guarrasi to Chief Operating Officer. Guarrasi will replace Stephanie Dieckmann who will transition to the role of CFO.
During his time at Tattooed Chef, Gasper has proven to be a seasoned leader with a deep understanding of our business and the inherent complexities of scaling and operating a high growth business,” said Tattooed Chef CEO Sam Galletti.

Prior to joining Tattooed Chef, Guarrasi served as the CEO of Frog Environmental and Stormwater Systems from 2007 to 2020 and before that was the founder of Certi-Fresh Foods, a food manufacturing company specializing in seafood and meats.

Tattooed Chef shares are rated Very Bearish by Seeking Alpha's Quant Rating due to low valuation and profitability marks.

TATTOOED CHEF ANNOUNCES NEW CHIEF OPERATING OFFICER
Nov 30, 2021 |

PARAMOUNT, Calif., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant based foods, today announced that Gaspare (“Gasper”) Guarrasi has been named its new Chief Operating Officer, effective November 29, 2021. As Chief Operating Officer, Mr. Guarrasi will be responsible for the Company’s global operations and production. Mr. Guarrasi will report to Sam Galletti, President and Chief Executive Officer. The Company’s current Chief Operating Officer, Stephanie Dieckmann, will remain with the Company as Chief Financial Officer.

“I am very pleased to promote Gasper to Chief Operating Officer. During his time at Tattooed Chef, Gasper has proven to be a seasoned leader with a deep understanding of our business and the inherent complexities of scaling and operating a high growth business,” said Sam Galletti, President and CEO of Tattooed Chef. “His expertise and experience will be invaluable to Tattooed Chef’s growth going forward and will allow Stephanie to focus more on her role as CFO.”

Mr. Guarrasi has more than 30 years of experience in operations, manufacturing, and supply chain management. Prior to joining Tattooed Chef as Director of Operations in August 2021, Mr. Guarrasi served as the Chief Executive Officer of Frog Environmental and Stormwater Systems from 2007 to 2020. From 1994 to 2006, Mr. Guarrasi was the Founder, President, Chief Financial Officer and Chief Operations Officer of Certi-Fresh Foods, a food manufacturing company specializing in seafood, meats, and specialty breaded products and meals. From 1993 to 1994, he held a senior financial position at Randall Farms and, from 1988 to 1993, he served as Chief Financial Officer and Chief Operating Officer of Galletti Brothers Foods. Mr. Guarrasi began his career at PriceWaterhouseCoopers. Mr. Guarrasi received his B.S. in Accounting from California State University at Long Beach.

Why Tattooed Chef Stock Jumped 19% at the Open Today


https://finance.yahoo.com/m/8633e41a-f3ff-36da-b0ec-f27f6bd460ef/why-tattooed-chef-stock.html

Tattooed Chef: Continuing Growth

https://seekingalpha.com/article/4470245-tattooed-chef-continuing-growth?mail_subject=ttcf-tattooed-chef-continuing-growth&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

Summary

Tattooed Chef's stock has been range-bound for about a year, and today is a period where the company's stock is in the lower end of the range. Therefore, because I believe that the company's financials are great, valuations low, and executions exceptional, I believe the recent fears surrounding Tattooed Chef are only creating opportunities for long-term investors.

Interesting how the stock is up today. Earnings were lower than expected but revenues were way up. Perhaps they see a turn around in Q4. Anyone listen to the conference call?

https://www.otcmarkets.com/filing/html?id=15360945&guid=gc3wkWjD9G2mh3h

First they missed what day they were going to announce earnings, then they changed it to the 15th. before the open and now it’s the 16th. after the close. Not good.

Sawtooth pattern.

Come on TTCF. The fall continues below $16.

You can do better. Hopefully we get some decent Earnings to get this back towards $20.

Up 3 days in a row. Undervalued. Let's go!

Great news about Belmont Confections.

Hopefully we can get out of this rut and move back above $20 soon enough.

TTCF has floundered under $20 for way to long.

It's looking like TTCF may have a good day.

Tattooed Chef, Inc. (NASDAQ: TTCF) CEO Sam Galletti: “Tattooed Chef Positioned to be Generational Brand in Plant-Based Foods”
“Our momentum continued in the second quarter of 2021. Second-quarter revenue increased 46% to $50.7 million compared to the second quarter last year, driven by our Tattooed Chef branded products...In 2021, we are reiterating our revenue guidance of $235 million to $242 million…”

“...Plant-based food is here to stay, every category in the supermarket will be disrupted by a plant-based alternative and Tattooed Chef is positioned to be the disruptor…We plan to extend the Tattooed Chef reach not only within grocery, but to a whole new level of convenience in refrigerated and ambient products to an untapped market of retailers such as airports, convenience stores, and more... With fully vertically integrated production, diversified product lines, and the ability to win multiple areas of the grocery stores, not only frozen but refrigerated and ambient too, Tattooed Chef is positioned for long-term success…we firmly believe Tattooed Chef has the power to be a generational brand and a leader in plant-based food for years to come."
Tattooed Chef, Inc. (NASDAQ: TTCF) Earnings Highlights: https://bit.ly/3jXWJkP

Two PRs in one day!


Tattooed Chef to Acquire Belmont Confections, Inc.

https://finance.yahoo.com/news/tattooed-chef-acquire-belmont-confections-120000434.html

Plant Based Foods Driving Explosive Revenue Growth

https://finance.yahoo.com/news/plant-based-foods-driving-explosive-160100945.html

I believe it goes higher when Q3 comes out.

TTCF still struggling around $18 range.

At this point we will be lucky to hit $25 by year-end.

Come on TTCF get out of this funk and start climbing north.

Tattooed Chef Stands To Capitalize On The World Eating Just Plants

https://seekingalpha.com/article/4458949-tattooed-chef-stands-to-capitalize-on-the-world-eating-just-plants?mail_subject=ttcf-tattooed-chef-stands-to-capitalize-on-the-world-eating-just-plants&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

If they only sold one meal a day at each of the 1200 locations that comes out over $2,000,000 a year in sales. If Publix wasn't sure that their sales would be much greater than 1 meal per store per day they would never put the produt product in their stores. And Publix is just one of several retailers the products are in.
Can't wait for Q3 & Year end financials.

Publix Super Markets.

https://ih.advfn.com/stock-market/NASDAQ/tattooed-chef-TTCF/stock-news/86203493/tattooed-chef-now-available-at-publix-super-market

Tattooed Chef: Earn A 27% Annualized Yield On This Growing Plant-Based Food Company


https://seekingalpha.com/article/4457655-tattooed-chef-earn-27-percent-annualized-yield-growing-plant-based-food-company?mail_subject=ttcf-tattooed-chef-earn-a-27-annualized-yield-on-this-growing-plant-based-food-company&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

New investor deck.

Click link in 8K

https://ir.tattooedchef.com/static-files/e895372a-258a-44f2-a395-341d6ccd1ab1

Latter attack