Giggles N'''''''' Hugs Inc. (fka GIGL)

[nonewname1]

And you didn't include the branding/merchandising opportunities here. Also this model is different. It drives foot traffic, mall's will potentially be paying for the build out of the whole entire restaurant. That makes it more valuable with start up costs for new restaurants being way, way lower if that continues. Also the competition is much smaller. Chuck E Cheese, that's pretty much it. The pizza market is saturated and probably was in 1993 too though I'm not an expert.

But you're not wrong, I thought it was overvalued at .25 with no financing in place yet, I was scratching my head.