Gourmet Provisions Intl Corp (GMPR)

[mikeer69]

Well I find it interesting that all of the sudden everyone is discussing the share structure again! Man, did I get ridiculed for bringing that up when I started posting on this board. There are many yellow flags here. If they increase the authorized I for one will be highly ticked. Man, I want to know their cash situation fast! IF they need to raise cash again, it will be dilutive.

I'm still bugged that Bill said "we have financing options" a couple of weeks back. A better answer would have been "we have more than sufficient cash and don't see a need for another offering." Good God, at $1.00/share we'll be as big market-cap wise with Cali Pizza Kitchen and others. Seems my hunch on this all along was correct, but they'll have lots of S/H calling in if they dilute further. And who advised them on the share structure?? We know the answer... FC...

All this being said, if they get stores up, and their stock runs, they could utilize it to sell some high to raise more cash to get to break-even. I don't want any more dilution. Can't be any clearer.

We need store openings. I don't give two hoots today about a CC. If we need one we'll all rally and call the company until they have one. I've only been on 2 in the last year, and wasn't impressed really. They're better off doing what they supposedly know how to do well - cook good pizza and duplicate a "cookie - cutter" model

Good luck. i'm watching the PR's closely, and I also look forward to getting my shares from the TA- no doubt it's about time!

Come on UPZS... Shares are sliding because confidence is eroding. Give us a bone.