InvestorsHub Logo
Followers 22
Posts 463
Boards Moderated 0
Alias Born 09/12/2013

Re: None

Friday, 09/13/2013 4:34:23 PM

Friday, September 13, 2013 4:34:23 PM

Post# of 57912
The CEO has to be bringing in a nice income. I am very familiar with the kiosk business in malls. Each mall has their own quality requirements for the kiosk that can be set up which can be a huge hassle.

Although this kiosk in not placed in a "prime" location in the mall which would be in places right in front of the entry points of mall or in a intersection of heavy foot traffic, it still costs a lot of dough to lease that spot on the floor.

Considering we are entering the busiest time of the year in the next month in a half, the price that each mall charges for floor space goes up considerably. Beginning of summer being the cheapest.

I have looked through the financials that are NOT audited. That figure is too low. He is bringing in good money to be able to set up a kiosk this time of year. Good money can be interpreted differently I know but he is bringing in more than he is reporting at this time I am sure.

I like the looks of this one for a 3 month or less play from this point on. Im in next week at this price for sure!