DAVID MINTZ is CEO of Tofutti Brands Inc. Mr. Mintz sold his first order of Tofutti to a shop called 'The Really Nut' in Manhattan.
As Chief Executive Officer and Director at TOFUTTI BRANDS INC, David Mintz made $450,000 in total compensation. MINTZ DAVID insider trades in Tofutti Brands Inc are found here.
Tofutti is a diamond in the rough. Earnings have been improving in 2018, too. He’s in the right space.About 2011, Trader Joe’s ceased carrying Tofutti products and Tofutti lost approximately one third of its distribution. In the news, you might have noticed the price of soy has plummeted as a result of the trade war.
Mintz thus experimented with tofu and made ice cream from it, and things grew from there. He owns over 50% of the shares.
The trading volume is thin and sporadic. That was rock bottom.I’ve been buying up shares of Tofutti. Today Tofutti brand products are sold in all states and in 30 countries, and there are 50 to 60 varieties (including Mintz’s Blintzes but, as of now, no tutti-fruitti Tofutti). (Your email addressed will not be shared with anyone nor will you receive any commercial solicitations). OTC markets don’t have the same level of scrutiny as NYSE and NASDAQ and largely are filled with junk. On that basis, alone, OTC stocks are risky. I’ve been following Tofutti off and on for years.
The company sells its products through independent unaffiliated food brokers to distributors, as well as on a direct basis to retail chain accounts or to warehouse accounts that directly service chain accounts. Relationship likelihood: StrongHarness the power of your relationships with RelSci Pro, the powerful platform for identifying relationship-driven business opportunities and connections that can propel your career forward.Browse in-depth profiles on 11 million influential people and organizations. In 2017, Tofutti terminated the contract with the advisor; however, it doesn’t take a genius to figure out that transition is coming, which likely means value will be unlocked for shareholders.Tofutti turned the corner in 2016 and became profitable, again, in 2017.
Top with fresh fruit, fruit preserves, your favorite topping, or just eat them plain. OTC markets don’t have the same level of scrutiny as NYSE and NASDAQ and largely are filled with junk.
Tofutti also sells a prepared food entrée, Mintz's Blintzes ®, made with Tofutti's milk-free cheeses such as Better Than Cream Cheese ® and Sour Supreme ®.
He was interviewed in his home in Alpine, New Jersey in February, 2007.
I’ll continue to place limit orders to see if I can add to the position.Join readers from all over the world by entering your email address to receive notifications of new posts.
In general, it is generally illegal for insiders to make trades in their companies based on specific, non-public information. Times were tough and Tofutti began running losses. SEC filings show that in 2016 Tofutti hired an advisor to explore “strategic options” including a sale. Founder of Tofutti Brands, Inc., David Mintz is Chairman & Chief Executive Officer at this company.
The answer he received was unequivocal: he should not pursue this opportunity. Mintz’s Blintzes are delintzes! It offers frozen desserts, including frozen sandwiches and chocolate-coated crispy cones; bars; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products comprising frozen crepes. On that basis, alone, OTC stocks are risky. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you.Former Independent Director at Tofutti Brands, Inc.Assistant Secretary at Touro UniversityMr.
He was running a Kosher catering business and buffet in NY and customers wanted a kosher ice cream dessert (can’t have meat and dairy in the same meal). David Mintz, Tofutti founder and CEO: Inspired, Mintz took a trip to Chinatown and bought tofu.
David Mintz may refer to: .
Earnings have been improving in 2018, too. Mintz loaned the company money to keep it going.
He was running a Kosher catering business and buffet in NY and customers wanted a kosher ice cream dessert (can’t have meat and dairy in the same meal). There’s a lot more competition in the plant based alternatives market than when Mintz started, but there’s also a lot more demand and it’s growing.
The company’s vegan cheese line of products has been a source of growth to complement its dessert line that has leveled off.
In the fall of 2016, Tofutti delisted from the NYSE because it had too many losses and not enough equity.
Tofutti was founded by David Mintz in the 1980s. Soy is a major input cost for Tofutti, so for it, cheap soy is a good thing.Also, Mintz still actively runs the company, at age 86! Tofutti was founded by David Mintz in the 1980s.
David Hammerstein Mintz (born 1955), American-born Spanish politician; David Mintz, New York restaurateur and founder of Tofutti Brands; David Liebe Hart (born 1955, uses the name David Liebe Mintz), American outsider musician, street performer, artist, puppeteer and actor; David Mintz (judge) (born 1959), judge of the Supreme Court of Israel