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Re: Bobk101 post# 18642

Wednesday, 10/07/2015 4:23:57 PM

Wednesday, October 07, 2015 4:23:57 PM

Post# of 43570
Ill tell you what I do know....The deal was done for preferred stock,(less than a million) assumptions of liabilities(largest was 15k IRS from what im told) and future cash infusions to JMS. Its kind of a sweetheart deal that should lead to additional deals for both companies. Im hoping we get our manufacturer squared away any day...at that point sales are right around the corner. I do believe that the master franchise owner will be on the call monday. I hope this helps.