Spoonfed

“Our burn rate is presently about 25 K a month. It will rise to about 35,000.”

“They're currently raising a 500,000 round on www.syndicateroom.com”

“We had bootstrapped, spoonfed ourselves, probably to the tune Murray and I, and a couple of sweat equity partners good creative on the creative side and X-Forto II on the development side to the tune of about 400,000 pounds. And when we had a product that was …”

“With the software now proven and handling over 40, 50,000 orders, we realized there was an opportunity to create something on a much wider stage.”

“We're keen to drive sales significantly upwards and to achieve an EBITDA around just slightly south of a million would be acceptable, but much further north would be great.”

“Our biggest competitor is actually paper and spreadsheets.”

“Over 40 cities across the world now have users tuned into Spoonfed.”

“They came to us when they were doing about 7000 pounds of corporate catering revenue through five stores four stores in central belt of Scotland it's a social enterprise business aimed at creating jobs for homeless people, so that helps, but they, they've grow…”

“We're in advanced diligence stage with two major retailers, one in the U.K. Part of a big food services group, and another in America, which they're testing it in New York, but they have a number of branches throughout the world.”

“What's interesting with our market is there is a huge explosion of B to C food technology offerings. I'm thinking of seamless. I'm thinking of Grubhub, Deliveroo, Just Eat in the UK big, big technology platforms making it easier for consumers to order their pi…”

“That's two hundred million, ah, annual revenue potential if you work it out on the average value of orders and the number of orders placed.”

“The drop off catering food market globally is thirty three billion pounds”

“Really delicious was our old catering company that, that we sold. So it was natural that they wanted to take, take our system to continue to run the business.”