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Re: LongCA post# 38905

Monday, 09/17/2018 2:59:13 PM

Monday, September 17, 2018 2:59:13 PM

Post# of 43557
Phillip controlled much of the call setting the tone. Especially in regards to current opportunities with franchising.

Joey talked about crowdfunding opportunities that are location specific. i.e. raising funds for one location specifically w/o diluting current shareholders or issuing more shares for capital.

Jason asked some good questions and kept his composure nicely (Thank you LTG!)

Specifically one point is that the $50k convertible note was issued to a long term shareholder who could’ve converted at $0.20 but who didn’t and is a friend of the company etc.

Also, the current landlord debt is not an issue they are “friendly” and not knocking on the door etc. Joey is not concerned with it.

Phillip mentioned they are tightening their belt where possible and streamlining operations to retain cash flow etc.

Other shares for compensation have been given to existing shareholders and as a rule they are trying to avoid more issuances.

Overall call was positive. Joey is learning not to over promise.

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