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Re: eastsidebob post# 19814

Thursday, 12/14/2023 3:24:38 PM

Thursday, December 14, 2023 3:24:38 PM

Post# of 22799
Sorry to say, no one can give you provable estimates for what this will trade at. Frankly, I think the most we all can hope for is that Nixon will not dilute further, nor do a reverse split, so that re-trading excitement will make this go up above .0001.

In 2022, Nixon told the Denver Post that his Kalaka Mexican Kitchen was so profitable that he was opening a new one (which he did). Everything else about the business shows no growth (the same # of Illegal Burgers), a bought-out, opened and then closed El Cazo Mexican Kitchen, a closed Illegal Pizza, and a promised but never (or not yet) opened Takiza Taco & Tequila Bar (supposedly two of them).

Illegal Brands (shopping for CBD Water and CBD packets - big whoop), has been sent to limbo (its website is still on the air, but taken off the Illegal Burger main page, and hopefully it's not actually still selling anything). Why this might be a good thing is that the trademark opposition brought by Ilegal Mezcal (now owned by Bacardi) over an "Illegal Brands" graphic logo has been terminated, hopefully due to positive settlement negotiations.

That WCVC is mysteriously showing a bid in Scwab and International Brokers, plus the fact that Brenda Hamilton has come back to work for Nixon as his agent for Nixon Restaurant Group, are both hopeful signs.

Oh, and Nixon has noticeably increased his rate of 'advertising posts' on his Facebook sites for Illegal Burger and Kalaka Mexican Kitchen. Although no more restaurants have opened, hopefully that means business for both is good.

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