Southern Concepts Restaurant Group Inc (RIBS)

[OMOLIVES]

Just don't understand why anyone would dump shares now and at this level...especially given these two important items:

1). The Smokey Mo's Texas acquisition by Switchback last year(Ross Dimaggio)

https://smokeymosbbq.com/franchising-news/smokey-mos-new-owner-switchback-capital-plots-growth-push/

2). The pre-IPO of Notes Live Inc(Roth family et al)..which is still being targeted as of November(via linked-in):



And knowing this(guess they don't know)...

Notes Live Inc., started by JW Roth, founder of prepared-foods company Roth Industries, has one venue up and running and another four in the works, including in the Nashville suburb of Murfreesboro. Mr. Roth said he plans to take Notes Live public next year.

https://www.wsj.com/articles/first-came-the-urban-transplants-now-come-the-concerts-11658664001?utm_source=Notes%20Live%20Investors&utm_campaign=dcfb0f7207-EMAIL_CAMPAIGN_2022_07_25_10_29&utm_medium=email&utm_term=0_e4c9439c89-dcfb0f7207-393490096

And knowing this...lol:

authorized @ 125,000,000
outstanding @ 97,554,634
restricted @ 71,966,836

Current CEO et al/Director is Ross Dimaggio seen as custodian

Share ownership(known)

JW Roth @ 41,315,203 common shares
Mitch Roth @ 228,034 preferred A with 25x voting power which is 5,700,850
younger sister @ 228,034 preferred A with 25x voting power which is 5,700,850

Total voting @ 52,915,203 via Roth family.

I mean...jesus. Just sit tight for god's sake. Worst case...nothing happens...and that ain' gonna' be the case.