Most undervalued packaged food company play, high risk high reward!

Here's the company description:

DDC Enterprise Limited, together with its subsidiaries, provides ready-to-cook, ready-to-heat, and ready-to-eat plant-based meal products under the DayDayCook brand in Mainland China, Hong Kong, and the United States. It also offers advertising services, including the production and online publishing of promotional videos, advertising placements on the company's website channels, and offline promotions; third-party branded food products; cooking classes; and content streaming and product marketplace services.

They also have 2899 BTCs on their balance sheet.

Together with their food business around \~ 40 mil gives them roughly a.. 265 mil total asset and business evaluation.

Has been heavily diluted by a convert deal with one major investor hence the share price dropping like Mitch McConnell's health in recent months.

So.. Friday closed at 0,24$ with a market cap of 13,64mil.

The current share count is estimated around 47-50mil but a dark number from dilution can make it +25-50% more in the actual.

Let's put it at 75 mil shares , 265 mil evaluation= share price \~ 3,5$

Hey make it 100 mil okay \~ 2,6$.

I'm in with 6066 shares with an average of 0,39$.

If they solve the convert dilution or it has already been solved then I don't see how it won't organically recovers to the levels I've laid out.

Potential x5, 10 or more.

Yeah it's China, but the CEO Norma is very likable and charismatic and cooks some amazing food so I'm convinced they'll pull it off.

Who's ready to gamble with me?

Edit 1:

The numbers from september earnings ain't bad:

Revenue up 29% year over year to 20.2M, against roughly 15.6M in 1H2025.

Gross profit 6.1M, up 17.5%. Gross margin is about 30%, versus 31.4% for FY2025

Adjusted EBITDA positive US$1.2M. That is roughly 3x the FY2025 full-year figure of $0.4M.

Working capital improved to positive US$39.4 million as of June 30, 2026, from negative US$12.2 million as of December 31, 2025.

Net debt was US$10.2 million as of June 30, 2026, compared to US$60.6 million as of December 31, 2025.

So the core business is not struggling, it's growing.