Yes, we all only want to know about filings and a return to trading,but while we are waiting ...
I read an article that I have lost the link to that said that before Nixon went public, he wanted to use stock to fund the buyout of several restaurants so that he'd have (my words) a portfolio of different restaurants to add to his Illegal Burger restaurant (or two).
The only one I remember, which he did acquire, was El Senor Sol, which became Kalaka Mexican Kitchen.
Illegal Pizza has come and gone (for some reason), and El Cazo Mexican Kitchen has a well (I heard due to landlord rent-gouging).
But now he has 6 restaurants with 4 different names.
One the one hand, that doesn't seem so good from the start-a-franchise perspective, since he's got no chains to speak of.
But on the other, I think it's a clever strategy, because people will look at the new names and say, "Let's try that new place," whereas if they were all Kalaka Mexican Kitchens, they'd say, "Oh, I've been there and I know what it's like already."
Arguably there are other factors, but given how long it seems to take to get licenses in Denver, and maybe in surrounding suburbs, rebranding an existing place makes sense.
What he'd do to expand (=franchise) any of them is unknown; likewise for how returning to trading would factor into it.
Any thoughts (other than "still revoked" and "Nixon is a thief, crook, and liar')? It isn't that unusual for a single owner to own more than one restaurant with different names.
