Friday, June 10, 2011 11:13:22 AM
FYI--I do live in Calif and neither store is in Hollywood! Those kind of statements in error do not help here at all.
Rental costs for both Los Angeles locations is I believe listed on the Q's. If we cannot cover Rent, Payroll and the other items of running the stores on a daily basis, then we should close them. Dilution should be used for expansion, different products and not just more of the same. The sales that are made should pay for the items we need to replace.
Just like our Gov. you cannot keep raising taxes to spend more. At some point, you have to say, this is all I have and no more. Dilution on the backs of shareholders is holding this down.
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