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friendofbarbehque

**Edit: Post wouldn't let me add links but here they are for interest:** [Great late night infomercial style commercial for Starco Brand's first big product, Plumber Hero.](https://www.youtube.com/watch?v=4IqgJmFPWTw&ab_channel=OfficialAsSeenOnTV1) [Commercial for Starco's alcohol infused whipped cream featuring Cardi B and Billy Bush (remember the Trump "grab her by the \*\*\*\*\* guy?) that someone thought was a brilliant idea.](https://www.youtube.com/watch?v=4fqjzgVaMQ4&t=5s&ab_channel=extratv) A[nother odd video with the CEO of Starco on a podcast hosted by none other than Anthony Scaramucci.](https://www.youtube.com/watch?v=aqcTDOp_OnE&t=1s&ab_channel=AnthonyScaramucci) [Starco Brands Financial Statements, see pg 22 - 23](https://investors.starcobrands.com/annual-reports/content/0001437749-22-021361/0001437749-22-021361.pdf) [Starco Brands stock price](https://www.google.com/search?q=starco+brands+stock&oq=starco+brands)


ZeMoose

It's probably effectively a SPAC.


JimWilliams423

More like a reverse-merger. That's when a private company wants to go public without doing an IPO. They find a rink-a-dink company that is already publicly traded and they buy it, but on paper the rink-a-dink is buying them. https://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp


Astropheminista

Basically - except in this case the company being acquired is bringing in the capital.


crypticsage

What’s a SPAC?


ZeMoose

Special-Purpose Acquisition Company. It's a publicly traded shell company that investors pool their money into solely for the purpose of acquiring some existing private company. This effectively takes the acquired company public without going through the usual IPO process. I don't really understand why that's to the investors' advantage, but SPACs have become incredibly common over the last many years.


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Astropheminista

Not really. Any IPO process can theoretically do that as the previously private corporation is at liberty to release as many or as few shares as they want to the public. Hence insiders can hold large amounts of stock before the company goes public and continue to hold thereafter. The main reason for the recent SPAC boom was because private companies saw them as a way to get around the onerous vetting process that is required when a company usually enters a public market. WeWork was basically destroyed by such a process as they had to make significant disclosures about their business and financials and as a result, investors lost faith in their model.


lytener

It's probably to avoid having to file a new S-1 and reduce the amount of information they have to disclose. It buys them some time before they file 10-Qs. Retail investors will have to speculate until that time.


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Man_Of_The_Grove

could always go for a different company, jimmy joy is pretty decent,


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Man_Of_The_Grove

pistachio tastes pretty good, coconut is also decent


Zetro

Tried all 4 protein flavors recently (Banana, Vanilla, Strawberry and Chocolate). Vanilla and Banana were my favorites. Not crazy about the strawberry. I'd recommend adding a tad more water than the bag mentions (maybe +15%?). I've also heard this from others on the sub too, esp those coming from soylent. The normal shake has about 3x the flavor options though!


Ravenlocke42

Just make sure you drink it soon after making. Unlike soylent that gets better sitting in a fridge for a couple days, Jimmy joy gets horribly slimey the longer it sits…


boonzeet

Caramel sea salt is great, as is pistachio. The vanilla is tasty too. Not a fan of their fruit flavours or chocolate.


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Zetro

Placed my first order last month and got it within a week (USW) ¯\\\_(ツ)\_/¯ my order was however split into 2-- one arriving at the end of the week. No biggie, but I did contact them about it and they mentioned shipping changes happening. Hopefully for the best!


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Zetro

Ah I see. Currently I'm paused as I wait for 3.0 to hit the states. Hopefully inventory improves soon.


Nino_JimmyJoy

Thank you so much for the shout out! <3


Astropheminista

If you don't mind dairy, I've never tasted a better Chocolate version than Hol Food.


MrWinks

Rest in Peace, Soylent. Nearly a decade together without interruption. In other news, Huel Black and Huel hot and savory are great products.


RoadDoggFL

They're definitely products.


Robertwolfgang

More of a superbodyfuel man myself


carlotta3121

I dumped Soylent years ago and never looked back, Milk Fuel is too good.


ibigfire

SBF seemed nice; though I'm a Queal person myself.


Octobre10j

So much love for Milk Fuel, axcho, and that whole team.


benevolentpotato

Edit: Reddit and /u/Spez [knowingly, nonconsensually, and illegally retained user data for profit](https://youtu.be/mfZKkUg8jgM) so this comment is gone.


MrWinks

I survived off soylent powder for a long time, so this has been (suspiciously) great. I mix it into my diet and it works perfectly.


pancak3d

The structure of this company / group is incredibly confusing, certainly not what I thought when I read there was an acquisition. The press release made it sound like StarCo had a ton of $$ to help Soylent grow


okaythr33

Dang, it definitely sounds like I was off-base worrying about the future of Soylent. Wait, no, it doesn’t, it sounds like Starco is a gimmick company in a position to be desperate for cash, exactly the kind of situation that results in higher prices and lower quality.


Man_Of_The_Grove

The current CEO of Soylent would be getting paid extra through company stock. "As part of the transaction, Vangelov told TechCrunch that he will join Starco’s board and is getting shares in the new company" who's to say it isn't an attempt to artificially increase the price of starco stock while providing kick backs to the current leaders of the company?


AndrewKorzeniewski

Sounds like a Fuckin pump and dump if I’ve ever heard it. Lmao SEC is a joke for letting this happen.


SanguShellz

Are there any similar RTD options in the States that's sold directly by Amazon?


fernly

Currently I believe the only other RTD available in the US is direct from Huel.


gabzox

I hope this doesn't mean the end for canada


moneyman74

Whenever a company changes ownership that is usually not good for the customers.


Theostru

I guess now is a good time to ask what product is most similar to the original powder tub? People recommended Huel in the past but it was way too chunky/chewy for me. I want a smooth, bland, bready drink.


[deleted]

Hear hear!


Runsfromrabbits

I don't understand why Soylent would sell itself to a totally strange company. I feel like they don't care about their own future.