Welcome to the weekend, one and all. And what a week for the market, huh? And for that matter, what a week for some of our small caps stocks! Cardinal Resources (CDNL) gained nearly 400% on the Panama news we discussed a couple of times here in the newsletter, and I've got a funny feeling we could see Barfresh Food Group (BRFH) shares rekindle their rally started about this time last month following news that it has partnered up with none other than PepsiCo (PEP). Today's quarterly update and conference call from Barfresh were nothing less than amazing, and compelling. If you didn't get to listen in on the call, don't sweat it - I'll give you the link to the replay below. In the meantime I just want to hit the highlights of the call and last quarter's results for you. Barfresh Is Just Gettin' Started As a reminder if this is a name you don't own or a story you haven't been following, Barfresh Food Group is the company that came up with the brilliant idea of pre-packaging smoothies in a bag that simply needs to be opened, poured into a blender, and mixed for 15 seconds. Out comes a perfect, great-tasting frozen treat. It may not sound like a huge deal at first, but for anybody who's ever made a smoothie, you'll know how much of a pain they are. The real opportunity for Barfresh with this novel, patented product is that it gives restaurants, bars, and concession stands a chance to sell highly-lucrative smoothies without forcing them to deal with the incredible headache and expense of making them from scratch. I'll put it like this... the product is marketable enough that PepsiCo is now selling them through its huge distribution chain, powered by more than 1000 sales reps across the nation. The size of PepsiCo's sales force was one of the little data nuggets I picked up during the conference call. Another one of those data nuggets was, as I suspected, Sysco (SYY) is the other big distributor that started fronting for the product a couple of quarters ago. Up until that point, it had been unnamed. Folks, if Sysco and PepsiCo are on board, then Barfresh has come up with something great. Both of those companies have their pick of the litter, and don't mess with products that aren't the real deal. In conjunction with the conference call was the posting of last quarter's results. I'm glad they came out at the same time, since it will (1) let me clear up a misconception that would be easy to assume, and (2) underscores another key point which needs to be made. First, the results. As the graph below shows, the company's revenue switch was flipped to the "on" position two quarters ago. That was shortly after the company had refined the manufacturing process and product list, got a manufacturer up to speed, and got Sysco on board. This second quarter of serious sales effort is even better than the first, confirming the company is on the right track. [Just so you know, the company's fiscal Q2 is calendar Q3, ending at the end of September] That's sales growth from about $50,000 in calendar Q1 to $168,100 in calendar Q2 to $226,127 in calendar Q3 (fiscal Q2) of this year. Last quarter's top line is 465% better than year-ago levels. That's great for a company which for all intents and purposes is still a startup. Here's what you really need to understand about last quarter's results... none of them included PepsiCo's sales effort, as PepsiCo didn't get on board until last month. And, though Sysco has been marketing the product for a couple of quarters now, even Sysco isn't fully up to speed yet. The last we heard, only 38 of Sysco's what I think is 70 regions are offering the product so far. It takes time to get a new product moving within a massive supply chain like that. I only make this point so you know Barfresh hasn't even scratched the surface yet. Once PepsiCo and Sysco are really firing on all cylinders with the pre-packaged smoothie product , I suspect that's when we'll really start to see growth fireworks. Anyway, I said most of that so this would mean more - Barfresh Food Group is still working on a couple dozen more national accounts which could collectively be as big if not bigger than Sysco and PepsiCo. The company obviously didn't name names in Friday's presentation, but it did let investors know there were nine more potential customers that have more than 3000 venues each, five more potential accounts that take care of between 500 and 2000 sales venues, and ten more potential accounts with less than 500 outlets each. My guess is, a bunch of those are popular restaurant chains. The product is pretty versatile though, and I seem to remember a theme park was test-marketing them too, and you may recall the PepsiCo agreement included rights to some grocery store placement. My point is, Barfresh Food Group is hardly close to being done building its sales machine. It's been an amazing story thus far, but I'm pretty certain the best is yet to come. I'll let you decide for yourself though. Here's how to catch the replay of the conference call, but you should know the call references back to this Q2-2016 presentation quite a bit. Here's Some Math That Leaves an Impression Is it really the end of the week before Thanksgiving? Geez. Where did the year go? The end of 2015 and the beginning of 2016 is going to be here before you know it. Anyway, with the end of the year approaching I was doing some routine end-of-year assessment stuff. As part of this self-report-card I happened to crunch the numbers of the Elite Opportunity short-term trading portfolio. Let's just say I was shocked... in a good way. If my math is right, of the 58 short-term trades the EO has entered and closed this year so far (there are nine more that aren't closed out yet), the average gain has been 11% per trade. Cumulatively, adding all those gains together - good and bad - produces a sum of 617% worth of gains. I don't know how many of you look at those kinds of metrics on your stock portfolios, but if you do, you'll know that's absolutely incredible. The market as a whole struggles to gain an average of 11% per year. John's basically done it 58 times this year, and the year isn't even over yet! Just so there's no confusion, every short-term trade didn't gain exactly 11%. Some gained more, and some less. Some of them even lost ground before being closed out. Some of them, though, were huge winners that really bolstered Elite Opportunity members' bottom lines. Quality and quantity.... you can't beat that. More great trades is always better than fewer great trades, and I'll let you know right now of the nine trades he's still got open, a couple of them are up by strong double-digits. For instance, Serapta (SRPT) is up 43% since John picked it back on November 5th, with a huge chunk of that gain coming today on the heels of an encouraging update on one of the drugs in its pipeline. Finish the year on a high note - become a member of the Elite Opportunity service today. Just go here, or cut and paste this link: https://www.smallcapnetwork.com/pages/SCNEO/v1/