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It’s in the SEC filings. Can be seen in the yearly DEF14A (annual shareholder meeting). [https://www.sec.gov/Archives/edgar/data/1016504/000143774924032295/inbp20241023\_def14a.htm](https://www.sec.gov/Archives/edgar/data/1016504/000143774924032295/inbp20241023_def14a.htm) It’s the DeSantis family. Damon DeSantis is still on the Board of Celsius (and also INBP). William Milmoe works for the DeSantis family office and used to be the Chairman of Celsius (and is also on the Board of INBP)
What's the full name of the stock? I can't find INBP on my brokerage.
Undervalued stocks can stay cheap, until they’re not. Sometimes it’s a catalyst…INBP just reported their best quarter in the last 3 years. The stock is thinly followed so it didn’t get much of a bounce. Sometimes cheap stocks just start creeping towards fair value if enough people start to realize it’s undervalued. In the case of INBP, I think the Celsius investors will just end up buying out the other half of the company at some point. So it could possibly stay cheap, and then you wake up to a 200% buyout premium one day. Even if they don’t buy it out, I’m still owning a stock that I feel is dramatically undervalued based on its own fundamentals. But I don’t really see a scenario where the stock goes considerably lower from current levels, so I like the risk/reward.
Billionaire original investors in Celsius own about 45% of the stock. It’s the DeSantis family. Damon DeSantis is on the Board of both CELH and INBP. William Milmoe used to be the Chairman of CELH, and is also on the board of INBP. He works for the DeSantis family office.