West Coast Ventures Group Corp (fka WCVC)

[PennyHoper]

Thanks Jason. All restaurants struggle with minimum-wage increases; but it's good to hear that "the restaurants are doing okay."

I think he's comfortable running his restaurants and not dealing with the madness he encountered with Wall Street.

Yeah ... it sure seems that way. But he went public, and people bought his stock. It doesn't matter if he's "comfortable" not having to deal with public financials and being on the market. He owes it to his shareholders. That is part of the deal of going public. The way he went private wasn't fair to his shareholders, especially since he didn't go out of business (which is the real risk of owning stock). If he intends to stay private forever, then he's cheated his shareholders. (But I don't have to tell you that.)

Maybe he's just got a really good poker face.

Thanks again for dropping in and posting.

-- edit --
He's also got Brenda Hamilton working for him. Given her reputation, her advertised expertise in going public, and her crowing the-bad-guys-got-theirs blog posts (about stock cheats), it's hard to believe she's on his side if he's going to defraud his shareholders by remaining private via revocation (and not being private by a stock buy-back).