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Re: the big guy post# 18713

Tuesday, 12/02/2008 10:06:35 PM

Tuesday, December 02, 2008 10:06:35 PM

Post# of 19383
actually, I didn't mention... he talks about their cost-savings initiatives as well in a good light. And yes, with MV coming on line and cost-savings initiative like not using consultants etc, their burn rate will slow.

That is why, the first thing I would do in looking at this is a proforma statement It is just a restaurant, not NASA. It can be easily done. He is still making overly optimistic assumptions.

The only reason I gave this stock another chance at 1.30 was my thought that they were going to break-even with 3 restaurants.. there was no other reason.