The Company has been locked out by the landlord from two (2) of the Tootie Pie Company Gourmet Café locations located at 190 Stacy Road, Suite 1408, Allen, Texas 75002 and 6959 Lebanon Road, Suite 100, Frisco, Texas 75034. The Company is currently investigating the possibility of attempting to re-enter and continue operation at these two locations.
TCA Global Master Fund, L.P. filed a lawsuit against the Company under cause number 13003211 in the 17 th Circuit Court in and for Broward County, Florida. The lawsuit alleges breach of contract and seeks to foreclose on an alleged security interest. The Company has been defending the lawsuit. A copy of the Complaint is attached hereto as Exhibit 9.2.
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