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Re: NJ_TOAD post# 286172

Monday, 02/24/2020 9:29:23 AM

Monday, February 24, 2020 9:29:23 AM

Post# of 346500
We are making really good progress with the resources we have available. Some perspective...I was looking back at old quarterlies when Dave & Busters was in the process of getting to their 10th location in 1996.

In fiscal 1997, D&B's goal was to open 3 new locations. In their 15th year of existence. And they had secured a revolving line of credit of $23,500,000. FUNN also has a revolving line of credit for what? Around $1,000,000 I believe? We are doing a great job of building this company from the ground up, on a fraction of the budget D&B had. This all takes money from somewhere to expand!

We are on the verge of seeing our location count increase significantly. It takes time, but we have a great plan imo.