Tootie Pie Company, Inc. (OTCBB: TOOT)
Cash Flow Dream Scenario!
In terms of cash flow, the Tootie Pie Company is able to make and sell their pies before obligations are due for ingredients, which maximizes cash flow. Sales to their wholesale distributors provides a positive cash flow cycle for payment and Tootie Pie invoices their wholesale distributors when they pick up the pies at Tootie Pie’s docks; with typical terms being net amount due in fourteen days.
With this cash flow control system Tootie Pie can welcome growth and that is precisely what they intend to do. The wholesalers they are using are also in a growth mode. U.S. Food Services covers the entire United States geographically. This provides Tootie Pie with an unlimited mode for expansion. Ben E. Keith and Sysco are also expanding.
Tootie Pie Company is able to keep the cash flow in check and minimize the expenditure in sales by working with food wholesalers.
View the StockGuru Profile for Tootie Pie
Tootie Pie Company, Inc.
129 Industrial Drive
Boerne, TX 78006
Phone: (210) 737-6600
Fax: (210) 237-4750
Website: www.tootiepieco.com
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Forward Looking Statement: This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements. Except for the historical information contained herein, the matters discussed in this release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See filings with the Securities and Exchange Commission, including, without limitation, recently filed Form 10-KSB and 10-QSB.
