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Re: rpt post# 13048

Tuesday, 06/26/2007 10:21:06 AM

Tuesday, June 26, 2007 10:21:06 AM

Post# of 19383
I may not have understood correctly, but the part about having applied to the AMEX, isn't that part of a proposed prospectus? In it they also say that they "had" an r/s and an a/s of 100M, right? This hasn't happened either, but maybe they plan to have all of that done by the time the prospectus goes out.

Like I said, not sure, but that's what it sounded like to me. I don't think they have yet applied - but you can see that they plan to soon.

As for company valuation and breaking even and all that jazz, hey I'm just a news, but it seems to me that if you wait for the restaurant to prove themselves before buying, you'll be getting your shares at $5+. People buying shares today are making a bet that it will succeed. More risk, yes, (although with these guys, I just don't see much risk), but when we're at $10, we will have made an 8-bagger while the latecomers will have a double. No?