Sonnet BioTherapeutics Inc (SONN)

[kdm57]

Gold Coast (AUS) to open around mid-July.

VIP Party for Gold Coast store is set for July 11th as per the Hooters Australia page on Facebook. I understand that the Townsville (AUS) store will open sometime in August. Updated June 26th presentation on Chanticleer's website states that their first store (Rio) in Brazil is expected to open in early 2015. Next South African store to open in the 2nd half of 2014. Share price is showing good traction in the 2.50s to 2.70s, with an intraday high of 2.84 on Friday (June 27th). After a silent June, expect we'll see some press releases in the next 2 months. Perhaps they'll release Q2 earnings by mid-August. Expect the market will forgive the reporting losses provided that revenue growth stays very robust and new stores report strong sales.