Monday, January 09, 2023 6:07:22 PM
If FUNN is serious about moving cafes to positive net profitability, they should close Provo, Chicago, and two of the 3 Toronto cafes.
Unfortunately, FUNN screwed up franchising because if the auditing debacle. Are unable to secure low interest loans due to ginormous debt, bad credit, and active liens. The only way to raise $$$$ is by authorizing hundreds of millions of common shares, which will dilute Minority SH value
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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