Your Premium Stock Alert For Monday - Goldman Price Target Indicates +277% in Upside Potential

Home Bistro Entering Hyper-Growth Phase
Poised to Hit $3.40 Target


Good Moring,


This is Kevin Vander with "10XProTrader" delivering you your next premium stock alert for 8/30 trading session.


Company Name: Home Bistro Inc.

Company Symbol: HBIS

Last Price: Approx. $.90

Analyst Target: $3.40


Immediately turn your attention Home Bistro Inc. (HBIS)


Start your research on Home Bistro Inc. (HBIS) or risk missing out on potentially turning $5,000 into over $13,500 based on a recent analyst report from Goldman.


Keep reading to see what I mean...


In the Investment Research Report below, analyst Rob Goldman discusses how Home Bistro has executed a series of major moves that position the Company for Entering Hyper-Growth Phase Poised to Hit $3.40 Target!


You do not want to miss out on this one so you need to pull up HBIS right now and get ready for Monday morning...


Not only is HBIS hovering around $.90 with an Analyst Price Target of $3.40, there is another potential catalyst that could send shares of HBIS soaring this coming week.


I am again initiating full coverage on Home Bistro Inc. (HBIS) but I am warning you right now, we could be in the beginning stages of a possible "short squeeze" that could potentially send the share price of HBIS through the roof.


...And if you remember what a short squeeze can do to a stock like GameStop, you know exactly what I am talking about.


If you don't know what a "short squeeze" is, keep reading and I'll explain it for you in just a minutes.


But just to show you the power of a "short squeeze", in January of this year, the "Shorts" attacked GameStop, but the company insiders were not selling and the retail traders began buying stock in GameStop--sending the share price to the moon.


We are talking about a +2,700% move to the upside in less than a month. Turning $5,000 into over $135,000 and I don't know anyone who would want to miss out on a move like that...


OHHH!!! Before I forget...HBIS is also a low float stock meaning there is not a lot of shares to go around… and in this case, according to Yahoo Finance, there is only around 19.43M in the float.


Companies with a low float often have a large portion of their equity held by insiders, controlling investors such as directors and employees, leaving only a tiny percentage of the stock available for public trading.


And according to Yahoo Finance, HBIS insiders still own 34.13% of the company. (Compared to GameStop Insiders only owning 18.98%.)


That limited "float" supply can cause dramatic price swings if demand changes quickly… Like in the in case of a short squeeze.


Warning: On Monday morning, shares of HBIS could potentially move fast so you will need to be ready as soon as the market opens if you want to take full advantage. Especially if the "Shorts" see massive buying coming into the market.


You need to keep reading and pull up HBIS to start your research.

THE POWER OF A SHORT SQUEEZE

In Dec 2020, GameStop (GME) Was Worth Close to $2Bln

Less than 2 Months Later, it Was Worth +$24Bln...


How Did This Happen?


It's called a "short squeeze", and it involves investors betting on which way a stock will go – up or down. These bets are placed by buying the shares themselves, or stock options.


Investors who bet against a stock are called "shorts."


Shorting a stock essentially means borrowing shares from a broker and selling them, with the agreement you'll return the shares later.


When the price falls, you buy back the shares and pocket the difference. But shorting a stock is risky – if the price rises, you can lose big.


Sometimes traders just make a bad bet.


But traders can also lose if the company does well, has positive news, or if investors and analysts seem to think that the stock is undervalued. When more investors start to buy shares of a stock that has a higher than normal "short ratio", the share price has the potential to dramatically increase.


This is the squeeze.


Shorts have to close their position – that is, buy up the shares they owe their brokers and return them.


This demand causes the share price to move higher and higher, and a "short" who acts too late could be ruined… but its their own fault for being too greedy if you ask me.


In January of this year, GameStop (GME) ran up over +2,700% as short traders had to quickly cover (buy back) the shares that they borrowed at the same time that "retail investors" were buying in… Thus creating the "Short Squeeze."


Now, I am not saying that there will definitely be a short squeeze on HBIS within the next few days but when you look at the chart and study the "short interest" it sure looks like a high probability…


And like I said earlier, Short Squeezes on "Low Float Stocks" have the potential to send stock prices through the roof because of the Supply vs Demand factor.


If a short squeeze occurs, and insiders are holding, as retail traders are buying and the "Shorts" are trying to cover all at the same time… the Stock has the potential to go parabolic.


This is exactly what happened to GameStop earlier this year when it ran +2,700%... Turning every $5,000 into over $135,000.


Retail investors, like you and me, are the ones who normally get burned by the shorts… but sometimes, we get our chance to get revenge on those greedy shorts...


Which finally brings us back to the start of the show…


Home Bistro Inc. (HBIS)


This tiny Florida company is disrupting an $11.32BIL market by partnering with Celebrity Chefs like "Iron Chef" Cat Cora, Ayesha Curry, Roblé Ali, Claudia Sandoval, and Diana Falk…


Home Bistro is a leading online platform that provides for the creation, production, and distribution of direct-to-consumer, heat-to-eat, and celebrity chef-inspired gourmet meals.


This could be just the tip of the iceberg for Home Bistro Inc. (HBIS)


Keep reading to see what I mean...


The Global Food Tech Market Is Anticipated

To Reach $325 Billion By 2027


The Food Tech market is primarily driven by the growth of advanced technologies within the food industry.


Increased utilization of advanced technologies in food processing techniques is driving the growth of the food tech industry!


Innovations in robotics, processing techniques, and data technology, are creating new growth avenues in the food industry… And thanks to their unique "go-to-market" strategy – partnering with Celebrity Chefs and other "Food Influencers" they're in a prime position to build out their platform!


Increasing awareness among the health-conscious population is increasing the demand for healthier foods.


Home Bistro's Model Meals lifestyle brand is a Whole30 and Paleo-approved, ready-to-eat, meal prep service, offering a weekly rotating menu that is prepared by professional chefs, using only the highest quality ingredients available, sourced responsibly and locally, and delivered in sustainable, eco-friendly packaging.


More than 710,000 people like the official Whole 30 Facebook page, and 890,000 people follow Whole 30 on Instagram as of last month.


Amid the COVID-19 pandemic, the global paleo foods market continues to make rapid strides owing to a rise in the consumption of healthy foods.


As people realize the importance of healthy eating, people are switching over to naturally available foods.


The global paleo food market is expected to surpass USD $17BIL by 2026...It's estimated that between 1 and 3 mil Americans are on the paleo diet. This is the ideal market for Home Bistro.


Rising demand for healthier, cheaper, and safer food products is driving the market for food tech and could potentially be a huge driving factor for shares of Home Bistro.


The growth of the eCommerce channels due to the convenience of favorable discounts and cash-on-delivery is contributing to the growth of the market for food technology.


Moreover, the increasing penetration of the internet and smartphones in developing economies is supporting the development of the booming Food Tech Market. This could also bode well for the future growth of Home Bistro Inc. (HBIS).


Home Bistro's unique "go-to-market" strategy – partnering with Celebrity Chefs and other "Food Influencers" – they're in the prime position to build the #1 Platform for Celebrity Chefs to use to launch 7-Figure, 8-Figure, and even 9-Figure Food Product Brands.


We've already seen Celebrities and "Influencers" launch smash hit products that build 7-Figure, 8-Figure, and even 9-Figure brands.

(Ryan Reynolds pictured above with Richard Branson)


Like when Actor/Celebrity Influencer Ryan Reynolds Sold His Gin Company for $610MIL.


I've used this exact example when we nailed one of our previous alerts on SponsorsOne for +1,150% gains.


Many notable actors seem to be capitalizing on their social following and getting into Direct-to-Consumer businesses.


Or Celebrity Influencer Kylie Jenner, who became the Youngest Self-Made Billionaire Ever at age 21 after her wildly popular Kylie Cosmetics generated a reported $420MIL in retail sales, just 18 months after it was founded. Landing herself on the cover of Forbes Magazine.


Investment Highlights


In just six months, Home Bistro has undergone an impressive evolution that should lead to the commencement of a multi-month, hyper-growth phase. HBIS is leveraging its exclusive relationships with popular, celebrity chefs to offer diverse cuisines and meals inspired and created by world class chef-prepared company entrees.


HBIS celebrity chef meal shipments are poised for a big increase in 2H21. These shipments are jumping from two chef shipments to five by year-end.


Leveraging 30% core business order growth in Q2, HBIS has multiple growth drivers poised to increase annual sales by nearly 200% in 2021 and 2022. Drivers include the migration from flash frozen to fresh/vacuum-skin packaging, and a lifestyle meal prep service brand acquisition being prepped for a nationwide marketing rollout.


M&A Adds Revenue and Marketing Leverage. The Model Meals transaction adds $1MIL+ potential sales in 2H21 and over $4MIL in 2022, as its current 3-state sales footprint is ripe for major expansion.


Research analyst forecasts assume sales will jump from $3.8MIL in 2021E to $11MIL in 2022. Our model assumes strong operating profit and $0.04 in EPS in 2022.


Investment Research analyst Rob Goldman's $3.40 Price Target is a 277% Jump From Current Prices and Upside Potential Exists. The $3.40 target is based on 7.1x his 2022 revenue estimate—a 38% discount to the bellwether and the same P/S multiple afforded Grub hub when it was acquired in 2021. As Q4 sales traction occurs, the valuation gap should narrow and may prompt an upward target revision.

Home Bistro Entering Hyper-Growth Phase
Poised to Hit $3.40 Target


Snapshot


According to Investment Research Analyst Rob Goldman, HBIS could emerge as one of the best positioned companies in the ready-made meal delivery market. HBIS CEO Zalmi Duchman, has a history of success as a pioneer in the meal delivery space and is presently positioning the firm as the "go-to" destination, in the lesser crowded "blue ocean" of higher margin, ready-made, gourmet meals. Most of the independent players compete in a "red ocean" of lower priced, lower margin space such as weight-loss, vegan, paleo, etc. As such, with offerings unique to solely to their niche, cannot achieve much profit margin growth. The Company seeks to offer 100% fresh ingredients and it values quality above all else. Thus, its restaurant-quality meals are created by world class celebrity chefs such as Cat Cora. Meals can be purchased individually or as meal combos ranging from 7-20 meals of varying sizes, and do not require a subscription or selecting an auto ship option.


In addition to the high-end gourmet nature, HBIS meets many dietary requirements including vegetarian, gluten free, dietary friendly, paleo, etc. Average prices for Home Bistro-chef inspired meals average around $18-22 per entrée while in the Cat Cora selection, the average meal price is about 15% higher. The Company may offer one of the largest selections in the industry with over 50 meals from which to choose. Home Bistro meals are delivered by FedEx or local couriers and each box is packed with insulation and ice to ensure the food stays frozen until delivery. Typical turnaround times are 1-3 days.


HBIS utilizes varied digital marketing strategies and has in-house customer sales and support reps. The Company has been lauded in the press and we expect this is a trend that will continue.


In December, "Rolling Stone Magazine" named Home Bistro to it Top Meal Delivery Service list.


The Space


According to Brandessence Market Research and Consulting, the global ready-made meal delivery market is slated to jump from $3.74BIL in 2019 to $11.32BIL in 2027, a CAGR of 17.1%. Prepared meal delivery is a service that produces and delivers fresh or frozen, prepared meals to customers in their homes. These services prepare and cook and then individually package pre-portioned meals. A related, high-profile segment that competes with the ready-made meal arena is the DIY meal kit market.


Our due diligence suggests that the current environment has prompted four segments to enjoy outsized growth across most demographics with an estimated 50% of sales derived from the 25-44 age group. These include third-party food delivery, third-party meal delivery, meal kit delivery, and ready-made meal delivery.


Third-party food delivery includes firms like Instacart or Amazon (NASDAQ – AMZN), and third-party meal delivery companies include DoorDash (NASDAQ – DASH), and Just Eat Takeaway. The meal kit and ready-made delivery segments are highly fragmented, with 800-pound gorillas, start-ups, and VC-stage companies running the gamut.


Meal kit Companies like HelloFresh (OTC – HLFFF), Blue Apron (NASDAQ – APRN), Sunbasket, and HomeChef do a great deal of advertising as does ready-meal firm Freshly, among others.


To illustrate the heavy positive sentiment of major players in the industry, one just needs to turn to two transactions. Nestle (OTC – NSRGY) acquired Freshly in a deal that could be worth up to $1.5BIL, depending upon milestones. Nestle was looking for a way to obtain a big footprint in the ready-made meal delivery space and has now done that. HelloFresh bought Factor 75 for up to $277MIL to diversify away from the lower valued meal kit segment, while the current market cap for Grub hub acquirer Just Eat Takeaway is $18.5BIL, or 7.1x 2022E sales estimates.


Looking Ahead


As noted above, "research Analyst views HBIS as a better positioned player than even larger firms such as Freshly and Factor 75 due to its model, partnerships, along with executed and planned acquisitions. Going forward, we believe the Company will sign on an additional celebrity chef or two in the coming quarters, commence a digital marketing blitz for its core and Model Meals offerings later this year and possibly add a company that complements its current offerings or adds distribution and cross-sale opportunities next year. Given the highly fragmented market (many players with $1-10MIL in annual revenue) and the leverage from HBIS pubco status, we proffer that the closing of any of these types of initiatives could result in a major increase in market value, offsetting any potential dilution.


In the meantime, investors should expect HBIS will commence meal shipments of chef inspired meals from all five HBIS celebrity chefs by year-end, driving broad-based demand and sales growth."


Meet The Chefs

Roblé Ali – One of the most recognizable chefs and one of the very few young African-Americans in the culinary world with national notoriety. He's also been featured on Bravo's docudrama, Chef Roble & Co. He provides delicious food and services for very important people and celebrity clients like Rihanna, Leonardo DiCaprio and President Obama to name a few.

Cat Cora – The first woman inducted into The Culinary Hall of Fame, and best known for becoming the First Female Iron Chef on the Food Network's hit show, Iron Chef America. Through the exclusive HBIS/Cat Cora partnership, Cat has created a new and exciting line of culinary delicacies with Home Bistro.

Ayesha Curry – 2x New York Times Best-Selling Cookbook Author, television host and producer, co-founder of the Eat Learn Play. Early last month, the Company executed a licensing agreement with TV Host, best-selling cookbook author and philanthropist Ayesha Curry.

Claudia Sandoval – Winner of the sixth season of MasterChef. The Company engaged in a partnership with Claudia Sandoval to create a co-branded line of traditional Mexican ready-made, gourmet meals, to be marketed exclusively on the Home Bistro platform.

Daina Falk – Creator of Hungry Fan®, Fangating® and other brands that marry sports and food for the ultimate fan experience. Earlier this quarter, HBIS announced that it has begun shipping Chef Daina Falk "Hungry Fan" meals—the second celebrity chef (after Cat Cora) to have meals shipping via the Home Bistro platform.

Home Bistro Entering Hyper-Growth Phase
Poised to Hit $3.40 Target


In the Investment Research Report below, analyst Rob Goldman discusses how Home Bistro has executed a series of major moves that position the Company For Entering Hyper-Growth Phase Poised to Hit $3.40 Target!


Just imagine what could happen to Home Bistro's growth if they had 10, 15, or even 20 Celebrity Chefs all creating fresh gourmet meals that could be delivered straight to your door, whenever you wanted!


That's exactly what Home Bistro's CEO Zalmi Duchman is on a mission to accomplish…


And as an experienced entrepreneur and executive with a previous exit in this space, he's able to negotiate deals with Celebrity Chefs that give the company a potentially significant advantage over competitors.


But Home Bistro's CEO Zalmi Duchman isn't content to simply deliver ready-to-eat meals…


That's why he's partnering with other premium food and beverage manufacturers to make sure the Home Bistro customer can shop for anything and everything they need to have…


An Elevated In-home Eating Experience...


With Home Bistro, you can get the best of both worlds: Gourmet quality food that requires almost no preparation is easy to clean up and quick to make.


On March 30th, 2021, Home Bistro announced another partnership, this time with Red Velvet NYC, a subscription-based service specializing in DIY gourmet baking kits.


This joint venture means Home Bistro Inc. (HBIS) will begin offering fully-prepared desserts from recipes created and developed by Red Velvet.


But Duchman has his eyes on several other potential joint ventures and acquisitions.


He wants to build a portfolio of premium, direct-to-consumer food products that can have the potential to scale to $5MIL, $10MIL, even $100MIL+ per year in annual sales!


And he has a distinct advantage to make that happen…


Well when traders bet against a company, by "shorting", they eventually have to buy back the stock to close out their position. But if the company suddenly shows Positive Signs… (Like Positive Earnings) the stock price starts to increase as investors come in to buy up shares, then the traders who were "Short" need to cover and start buying up everything that they can in order to close their positions. Hence the term "Short Squeeze."


Now, I am not saying that there will definitely be a short squeeze within the next few days but when you look at the chart and study the "short interest" it sure looks like a high probability…


And with "Low Float Stocks", Short Squeezes have the potential to send stock prices through the roof because of the Supply vs Demand factor.


If a short squeeze occurs, and insiders are holding, as retail traders are buying and the "Shorts" are trying to cover all at the same time… the Stock has the potential to go parabolic. This is exactly what happened to GameStop earlier this year.


Raging with over 30% of our customers adding it to their orders. With continued success, we intend to expand the dessert menu to provide our customers with even greater options."


Market Commentary


Not only is HBIS hovering around $.90/share with an Analyst Price Target of $3.40, there is another potential catalyst that could send shares of HBIS soaring this coming week.


Over the last month, we have discovered a high percentage of Short Volume for Home Bistro Inc. (HBIS). When you look at the chart below, you will see that the "Short Interest" just started to increase in towards the end of July and continued into August. Some days 83.01%, 85.25%, and even over 89.89% of the volume was short…


Keep reading to see what I mean...


I am again initiating full coverage on Home Bistro Inc. (HBIS) but I am warning you right now, we could be in the beginning stages of a possible "short squeeze" that could potentially send the share price of HBIS through the roof.


...And if you remember what a short squeeze can do to a stock like GameStop, you know exactly what I am talking about.


If you don't know what a short squeeze is, keep reading and I'll explain it for you in just a minutes.


But just to show you the power of a "short squeeze", in January of this year, the "Shorts" attacked GameStop, but the company insiders were not selling and the retail traders began buying stock in GameStop--sending the share price to the moon.


We are talking about a +2,700% move to the upside in less than a month...Turning $5,000 into over $135,000 and I don't know anyone who would want to miss out on a move like that...


OHHH!!! Before I forget...HBIS is also a low float stock meaning there is not a lot of shares to go around… and in this case, according to Yahoo Finance, there is only around 19.43M in the float.


Companies with a low float often have a large portion of their equity held by insiders, controlling investors such as directors and employees, leaving only a tiny percentage of the stock available for public trading.


And according to Yahoo Finance, HBIS insiders still own 34.13% of the company. (Compared to GameStop Insiders only owning 18.98%)


That limited "float" supply can cause dramatic price swings if demand changes quickly… Like in the in case of a short squeeze.


Warning: On Monday morning, shares of HBIS could potentially move fast so you will need to be ready as soon as the market opens if you want to take full advantage. Especially if the "Shorts" see massive buying coming into the market.


Check the "Short Report" below on Home Bistro Inc. (HBIS)


Over the past 30 days we have seen the Short Volume Ratio reach 83.01%, 85.25%, 89.89% and even as high as 93.25%.


Now what does this mean for you?


You need to keep reading and pull up HBIS to start your research.

7 Potential Breakout Catalyst That Could Send Shares of
Home Bistro Inc. (HBIS) Soaring This Week


Potential Catalyst #1: Home Bistro, Inc. (HBIS) is a tiny company and possibly in the beginning stages of potential Short Squeeze. Over the past 30 days we have seen the Short Volume Ratio reach 83.01%, 85.25%, 89.89% and even as high as 93.25%. According to Yahoo Finance, HBIS only has around 19.43 mil shares in the float with a market cap of just around $26 Mil which is nothing when you consider the growth potential of this company. Yahoo Finance also states that HBIS Insiders own 34.13% of the stock. If a short squeeze occurs in the near term there is not telling what about happen to the share price of HBIS.


Potential Catalyst #2: Gold Research Analyst reiterated a $3.40 Price Target on Home Bistro, Inc. (HBIS) which is currently trading around $.90 indicating a potential gain of +277% which would be like turning $5,000 into over $13,500 if the stock meets the current price target.


Potential Catalyst #3: Massive and Growing Market. The Food Tech market is expected to reach $342.52BIL by 2027 with the global ready-made meal delivery market is slated to jump from $3.74BIL in 2019 to $11.32BIL in 2027… and for Home Bistro, this multi-bill niche could be the stepping stone on their way to building a portfolio of 8-figure and 9-figure food products.


Potential Catalyst #4: A Proven Track Record with an Experienced Founder and Management Team. Most professional investors will agree that ideas are a dime a dozen, but execution is everything. That's why investors should be excited to see Zalmi Duchman at the helm of Home Bistro. Before becoming CEO of Home Bistro, he was CEO and founder of "The Fresh Diet", an online meal delivery service he grew from startup to over $30 million annualized revenue before selling the company. Not only does he have a proven track record of success in this specific industry, but he's also already demonstrating his ability to negotiate deals with major Celebrity Chefs, establish joint venture partnerships with complementary brands, and navigate the M&A landscape as the company grows.


Potential Catalyst #5: "Unfair Advantage". Celebrity Chef Partnerships That Are Delivering BIG Results. The Celebrity Chef strategy isn't merely a good idea on paper. It's a strategy that is already working. After announcing their first partnerships with Celebrity Chef Cat Cora, Home Bistro's online orders have more than doubled. In 2020-Q4 online orders were up 289% over the same period a year before, and 2021-Q1 was up approximately 198% vs 2020-Q1. Now, with four more deals signed – and presumably several more in the pipeline – Home Bistro is in a prime position to take this working business model and start replicating it at scale across multiple influencers who can serve a diverse range of customers. These influencers have an existing audience of followers, they have an "unfair" marketing advantage when it comes to acquiring new customers. This, in turn, drives down customer acquisition costs and creates a chance to scale much faster than paid advertising alone.


Potential Catalyst #6: Gaining New Customers. The Shift from Frozen to Fresh. Even though flash freezing is a safe and efficient way to keep food preserved for long periods of time, consumers put a higher premium on "fresh" food vs frozen. That's why Home Bistro recently announced a full transition to fresh meal delivery utilizing a packaging process known as "vacuum skin-packaging". Vacuum skin-packaging seals the product like a second skin while eliminating air, providing package durability and optimal product presentation, and shelf-life extension. According to Home Bistro's CEO Zalmi Duchman "This is a major, fundamental shift for our company. We made a significant capital investment in the equipment and technology required for the production of fresh, skin-packaged meals that can now last up to 14 days in the refrigerator or, if the customer prefers, can be frozen at any time for future enjoyment. In just a few short minutes, a fresh, delicious meal can be heated and ready to serve.


Potential Catalyst #7: Initiation of Coverage and Track Record. My long-time readers understand exactly what I am talking about here. In the past, our research has identified countless situations which have helped traders position themselves in front of massive trends. Like +1,108.33% gains in QKLS, +1,150% gains in SPONF, and the +603.12% gains in ALF.


On Monday morning, HBIS could start to move early and fast…


HBIS has a tiny market cap, low float, and a hefty short interest.


An Analyst at Goldman Research has a $3.40 Price Target on HBIS.


HBIS is only trading around $.90 with only around 19.43 mil shares in the float (According to Yahoo Finance)


If a Short Squeeze ensues, shares of HBIS could go through the roof.


HBIS is my #1 Breakout Alert for this coming week, so pull it up right now and start your research.


I am urging all of our members to add HBIS to the top of your watch list right now, and have it pulled up on your trading screen this morning at the opening bell!


Possible short squeeze, just like GameStop's (GME) run +2,700%... Turning every $5,000 into over $135,000.


Final thoughts: Do not miss out on HBIS


Don't forget to get yourself on my SMS alert system. For your convenience look below and sign up right now.


Grab you cell right now and text the word "Pro" to 888-640-1637 and that's it!


Yours for bigger profits, more often,

Kevin Vander
CEO Founder
10XProTrader Investment Research

From time to time your free 10XProTrader newsletter subscription is supplemented by paid sponsorships, like the one above. Please read all disclaimers. Rest assured that your information was not shared with this sponsor. Please note that 10XProTrader has not independently reviewed the validity of the claims or statements contained within this sponsorship, and we are not responsible for any errors or omissions. We have been compensated ($50,000 USD) Fifty Thousand dollars USD cash via bank wire to publicly disseminate information about HBIS via website, email and SMS and other points of media (collectively the "Media"). We have been compensated ($25,000 USD) Twenty-Five Thousand dollars USD cash via bank wire to publicly disseminate information about HBIS via website, email and SMS and other points of media (collectively the "Media"). We own zero shares of HBIS.


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