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Re: cablejohn post# 7572

Wednesday, 04/24/2013 9:23:40 PM

Wednesday, April 24, 2013 9:23:40 PM

Post# of 20775
A number of years ago I found an interesting new business and I acquired the franchise rights for 10 cities. I had just completed the development of the business in my home city when I was approached to sell the business. As well, the buyer wanted to buy the rights for the two cities closest to my home town. The financial arrangement was a down payment that was to be followed by a series of 'milestone' payments.

I thought I had made a good deal.

Turned out that the purchaser was a crook. For a small down-payment he had stolen my cash flow as well as my ability to develop any new cash flow nearby. He made none of the milestone payments.

He was a shrewd crook with what was a good plan to destroy me.

Fortunately he underestimated my tenacity and shear will power to win.

I got my local business back, plus the rights to the nearby cities. He got nothing back from me.

The point of the story is that I stumbled upon this stock as a penny opportunity. I became enchanted by the company due to its founders lineage. I absolutely am head over heels in love with the background business story because it has a theme that I can very strongly relate to.

People do try to steal businesses. They are crooks who know how to use the legal system. I implicitly understand how the good doctor probably became enchanted by this 'opportunity' to grow his business with a major player.

Given what I have read so far, I have absolutely no doubt that Chain will win. Victory in its own right can feel very good. The financial rewards will be immense.

Go Doc.

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