SNM Global Holdings (SNMN)

[Joefyffe]

Exactly!! Troy did state in one of his conference calls, he believed one of the JVs he was looking at would be franchisable. Based on the 27 Apr 2017, PR

Another 50% joint venture for the SNM Global portfolio, adding to Reg A filing... pic.twitter.com/VgQq12zW8J

— SNM Global Holdings (@snmglobal) April 27, 2017

announcing the JV with the Naughty Girls Donut Shop, I would say this is the franchisable JV.

"This acquisition is set to propel the donut shop brand into a household name with shops opening across the country every 6 months."