WO Group Inc. (fka PAPA)

[Maria56]

Papa Bello Enterprises is registered in Florida. Check here:
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P99000032582&inq_came_from=NAMFWD&cor_web_names_seq_number=0003&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=PAPABELLO&names_filing_type=

Of more concern to me is why the lack of disclosure on the Colorado filings for a Papa Bello Restaurant called Rosario's at the Riverwalk in Pueblo? Seems like it would be good news for PAPA investors, but not a word about it. Even the posters on this board are ignoring it. See my post #11724 for more information.

According to the Q2, PAPA spent $69,000 on R&D ("to create something that has not been done before" - really, ONLY $70K??) and reported $250K paid in capital and a $250K related party note. That's $569,000.

According to this article http://smallbusiness.chron.com/startup-cost-opening-restaurants-1847.html "A 2009 survey by Restaurant Startup and Growth Magazine found that the average owner spent $451,966 to get his restaurant up and running -- not including the acquisition of real estate."

If I was an investor, I would be wondering on just what Jim Wheeler was really spending my investment dollars.