A friend is opening a new restaurant...
He has raised the capital, and is working on purchasing the property, building a building, getting a liquor license, creating a menu and on and on...
now there is no physical address yet bc the deal on the property hasnt closed yet
and there are no salads, appetizers, dinner entrees or deserts available yet
and there isnt even a phone number to place reservations
however; the fact is, with no products, no place of business, and hundreds of thousands in debt... he has investors lining up to invest in what they see as a growing concern that will make them a profit
as difficult as it may be to understand in this world of overzealous demanding expectation, the kernel of a business takes time to develop and progress is not made instantaneous
the fact that the NEW CLNP is 'in progress' is not a reason to point a finger at anything negative... in fact, 21 filings, otc current, and an obvious amount of progress on a kernel is enough to tell most otc investors that a pps of .0002 is a great opportunity
now i personally dont recommend investing in restaurants (even though i have) but id say CLNP is a great opportunity for at least a 5 bagger simply on experience and principle
read away, anything negative and maybe its time to move on, otherwise this is A NEW COMPANY IN PROGRESS, they JUST BOUGHT OUT A SHELL and they ARE TAKING THE STEPS TO CREATE A NEW PUBLICLY TRADED COMPANY
cant fault them for not being able to just add water (yes, pun intended) and poof instant overnight company!
but you sure can give them credit for what has been accomplished so far...
