December update- What have we accomplished with recent funding.

January 4, 2024

Happy 2024! 

I wanted to provide you with an update on our progress since December 15th, even though it's been a relatively short time frame. Despite the brevity, we've made significant strides in several critical areas.

#1: Adding skilled advisors and consultants.

We've been actively interviewing and hiring members for our investment community to take on consulting roles within Cadi. It's been an intense process, with 60 interviews conducted so far. I'm thrilled to share that we've assembled a team of four exceptional software experts who have the potential to reshape the trajectory of our business.

#2: Preparing for Our Move to Nashville, TN.

In preparation for our big move to Nashville, Tennessee, on Friday, January 5th, we've taken a bold step by uninstalling our entire warehouse technology and packing up our office. This undertaking has spanned an entire month, reflecting the dedication and meticulous planning that has gone into this relocation.

#3: Expanding Our Reach with SECOND Location

Our second kiosk installation project is in full swing. I've been shuttling back and forth to Seattle on a weekly basis, engaging with new locations, overseeing kiosk acceptance, managing inventory, and collaborating on graphic design. It's a testament to our commitment to expanding our presence.

#4: Analyzing business assets.

We've undertaken a comprehensive analysis and overhaul of our business's financials, with a particular focus on the balance sheet. This effort has been in preparation for additional fundraising and exploring potential acquisition opportunities. Cadi now boasts assets worth more than $10 million, reinforcing our financial stability.

#5: taking over project management of big development project.

To ensure the timely completion of the WMS project, I've personally taken the reins. We're working diligently to meet our target of February 1st.

In summary, our recent endeavors have been marked by dedication, innovation, and ambition. We're excited about the progress we've made and the opportunities that lie ahead. Thank you for your continued support, and we look forward to sharing more successes with you in the near future.

Go Cadi,

Tyler Gottstein

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