Gourmet Provisions Intl Corp (GMPR)

[mikeer69]

Jim has stated numerous times that they get paid $20K from each franchisee for each location, and they have a minimum of 5 to committ to. This is what I mean by the $$ from the franchisees keeps coming in, they have a lot of committments. They do have to get the stores coming in and start collecting the residuals though, without a doubt. And yes, Jim has mentioned that Mr. Fidler would help finance stores around the country, he is working on some deals currently if I recall correctly.

Overall, it's a patience game. If you're looking for the quick buck (or quick run up) this may be the wrong spot for you. They need to duplicate a successful model as many times as possible - and this is where the company will make a killing, and thus its shareholders. IMO