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Thursday, 03/11/2010 4:54:15 PM

Thursday, March 11, 2010 4:54:15 PM

Post# of 6773
One item that looks promising on that 10-K is on p17 where they mention that " ...Through December 31, 2009, we have signed agreements with franchisees to open 59 additional restaurants under the Spicy Pickle Brand. "

Of course there is no guarantee all of these agreements will pan out, but even if just 40 of these open in 2010, that puts us in the low-end of the break-even range (75 to 100 restaurants) that had been mentioned by management before. And that's w/o the bakeries.

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