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Re: treit2002 post# 23510

Thursday, 11/22/2012 7:11:13 AM

Thursday, November 22, 2012 7:11:13 AM

Post# of 163719
See page 4 in the contract for Leonie
http://sec.gov/Archives/edgar/data/1488419/000114420412045676/v319813_ex10-7.htm

Minimum yearly sales turnover at 30.04.2014 for the chain should be RMB25m, and that is with 50 restaurants.

I have never included the restaurant profit when I have done my calculations. I think it will be insignificant compared to profits from the fish and beef farm.



You have been on both restaurants right? Did you see any prices on the menus?
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