Gourmet Provisions Intl Corp (GMPR)

[mikeer69]

I'm in agreement that Nasdaq talk is sort of pie-in-the-sky right now. The bigger pressing question is whether they get their financials done, they promised those a lot quicker than they've been delivered. Also, they need to complete the merger, as we all know.

As for the price of the stock, I hate to say that I agree with parts of what the other poster mentioned. A $1.00/sh stock IMO isn't in the cards very soon. That would give us a $500M Market Cap with the current share structure. Though I disagree with the comparison to Cali Pizza Kitchen - it's a different model in a lot of ways. They have full-service stores that are probably millions to build, and are few and far between. UPZS is easy duplicated and can be rolled-out many times quicker in my view.

That said it's still not worth $500M in my binoculars anytime soon, but if it gets there it gets there, a lot of us will have made quite a good chunk of money. They were massively mis-guided on the share program by FC in my opinion, and it's also my thought that FC is the one who pumped the price up last year. I also thankfully unleashed some shares on the way up, anyone who's actively invests would've. They may start buying shares back, and they'll have too, as well as they'll likely have to R/S at some point, there's a lot of paper, but it's correctable. My thought is that they wanted to keep control of the company, which is likely the reason the share structure is as such... They know they need to fix it, but why do it today, if we don't build stores and get cash-flow positive the share structure isn't a hot topic!

Good luck. the everyday decline is also starting to irritate me, buyers seem to be drying up... We used to be consistently at $.15/share, now we're at $.10, a slow chug down... Goodness I hope it doesn't go all the way back to 4 or 5 cents... My assumption is they'll begin communicating quite a bit more soon - they better after the barrage of info last year.