Gourmet Provisions Intl Corp (GMPR)

[Wyatt Earp]

Mikeer69/Correct:

Tthe restaurant/food service business is unlike any other. Where local and county officials will "Grandfather", many new startup business, thus allowing them to get their operation going and generating revenue, before they have to meet new updated codes, this does not happen in food service. Because of health concerns, they make you come up to current codes, both state and Local, before you can open your doors.

But an interesting twist here. I am of the opinion that some of these stores were just converting name and original owners were going to run them as a franchise? If this is the case, they would be "Grandfathered", as there is no change of ownership. Only updated codes they might have to meet would be ADA. These updates could be completed in less than a week, two at the most.

It appears that the company has stumbled and Management has yet to regain control of the situation.

Wyatt