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Re: gitimancip post# 28

Saturday, 03/13/2004 3:07:31 AM

Saturday, March 13, 2004 3:07:31 AM

Post# of 125
Good question... I've pasted links to their web site below, however the financial information showing 2m shares outstanding and 1.69m market cap is 8 months old. I'm attempting to locate a press release that's a couple of months old where they announced options for employees. I don't recall seeing the details, consequently, don't know what the conditions of those options are. but... If they were not already baked into the float and If recipients are able to excercise them immediately, that could explain possible dilution and the pps trend we're seeing.

I'll keep looking to find out what I can. Their website does have some good information, however some is a little dated.

http://www.rascalscomedyclub.com/
http://www.rascalscomedyclub.com/Corporate/corporate.html

On a positive note... Their new clubs should generate excellent revenues and profits. That will certainly get pps moving in the right direction.

Also... I've seen several very large share purchases over the past couple of weeks. That indicates that we are attracting serious investors.

I'm just a little frustrated that I'm not able to talk with a company representative. If they don't want to make themselves available for investor inquires, then they would be well served not to invite those inquires.


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