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twitinmich

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twitinmich

Re: dickmilde post# 55

Friday, 08/18/2006 9:47:58 PM

Friday, August 18, 2006 9:47:58 PM

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There is a trial coming up on 8/28 - see the disclosure?

I would be very surprised if there is somebody else "watching this stock". It appears from the latest filings that the franchise company is failing - notice the decline in revenues (which are virtually 100% derived from sales of franchises and royalties from franchise stores? Some of the strongest stores in the franchise have bolted - for example, the Greenville SC store. Others are closing at a regular pace - note that total stores are now only 115 per the filing (and if you look at recent press releases they had a record year in 2004 selling new franchises).
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