Both of those conditions exist with GIGL. But the other companies you use as an example are not companies trying to franchise. Those are companies doing IPOs. I know why you posted it, but it's not related.
You cannot sell a franchise in a "company" that isn't profitable.
If they were profitable, you'd have a difficult time selling a franchise with Parsi as CEO or whatever letters he's using nowadays.
I can't believe people think you can franchise a company that doesn't even know how to make a profit. What is it you are franchising? You want people to pay for the opportunity to lose money?
Please stop with the "margins" mantra folks, that's also a dead excuse.
Stock manipulation according to the SEC. "Making false or misleading statements about a company."
