Thursday, April 03, 2014 10:11:39 AM
long, that we do not take into account that the company for the first time in 5 years is focus on creating shareholder value.
Hear are the some accomplishments:
1) Was 9 quarters behind on financials.
Now they are current.
2) 4 clubs paying royalties
Now 11 clubs paying rpyalties
3) Legal matters were outstanding.
Legal matters resolved.
4) No update on Corporate Webside.
Currently being worked on.
5) No communication with shareholder since new management step in
other than the SEC filings.
Currently a shareholder letter in being worked on.
The only take I see on the financial is it has not multiplied fast enought. With that said, the company has reported the best Financial number since Robert Gans has been the CEO.
I am looking at the downside risk here. I believe it is very little. As long as you do not have your rent money invested in SCRH.
I see upside potential $.25 vs downside $.03
Blackcat7717
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