Since James Boyd former CEO of Popeyes & Quiznos came aboard EEDG/RBBI, everything has changed for the better.
In my opinion many poster's on this board are thinking way to short term and have not recognized what JB has accomplished in only a few months. EEDG/RBBI has a fantastic future ahead of it and it's all because we now have a dynamic CEO with a clear vision of the future.
JB got rid of all the old management and changed the entire game plan for where our company is headed. That in itself is a major step forward for EEDG. I doubt if any board member will argue with me about this, although many posted negative comments about JB.
JB became totally transparent as far as where he sees the company going and where he will lead us as shareholders. Each week we received a few surprises and just because they were LOI's, board members spoke negatively about them. In a very short time those LOI's are becoming reality.
This quarter we'll see our first DFW's location chosen which I am sure will be a fantastic one considering JB's vast experience in the food industry. Along with finding the location will come a new identity for the company. We will begin to see the DFW name and logo signs spread across the country as each regional franchise is sold and a new location opened. We are in discussions with a well capitalized physician and his son for locations in Milwaukee and Tallahassee. Very exciting stuff if you ask me. As each one opens you will tell people that you had the for sight to own shares in EEDG when it was just a vision in JB's mind. Burger King, McDonalds and all the other fast food chains had to start with a first location.
We have started selling Cu'i watermelon drink nationally and we are scheduling meetings with Kroger and other large retailers which means revenues and some positive cash flow. BCG is in the works which means a second restaurant to franchise. We are just beginning our talks to finalize a franchise development agreement with China Moon Express. Now that's very exciting.
My thinking is that EEDG/RBBI's price per share is going to be much higher then .10 cents or .25 cents that posters talk about here. We were extremely lucky to have JB join EEDG when he did and I know we have all been unhappy as it's PPS has gone down the past few months... But what a great buying opportunity to add shares to your portfolio for a future huge winner.
One other thing. We only have about 103 million O/S and a low float. The PPS is going to fly as people start to get JB's message. Hop on for the ride. It's going to be a good one.
