Vision Growing internationally with new product launches and recurring revenue In October 2020, we are launching in Europe with a direct to consumer strategy. Other international markets will follow. We will soon launch a subscription option for high quality, precision-ground coffee that is perfectly dosed for Ratio coffee makers. It will include fully compostable packaging. This is a sustainable, delicious alternative to pods, K-Cups, and other convenient-yet-marginal options on the market. Markets we can sell into include home, WFH office, offices, boutique and large luxury hotels, Airbnb hosts, and small restaurants offering quality brewed coffee. The recurring revenue will likely comprise a significant part of our business, with great profit margins and additional enterprise value when we are acquired.New products are in development, bringing the Ratio design approach to various price points and customer segments.We want to grow to at least 50K units of machines a year before seeking a strategic exit. The most likely acquiring company would be a larger coffee equipment brand that wants to gain access to the high-end of the market.
