With over 5.3 billion shares outstanding, $.03 would value this company at over $150MM or $25MM per each of the 6 money losing (even before COVID and without even including startup costs or corporate overhead) restaurants. $5 would value it at more than $26B or more than $4.4 billion per money losing restaurant. You don’t have to have $4B or even $26MM to open up one location of a fast casual restaurant (the equipment and leasehold improvements for WCVC are only $70,000 total per location).
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