RKLC has huge losses and Wal-Mart .....
franchise revenue only totals $1.5 million for all 10 locations. After the 1st year, RKLC only gets $4K royalty on each store. The Wal-Mart thing doesn't look "blockbuster" to me whatsoever. In fact, it appears that management is paying themselves an enormous amount of money, as to dash the hopes of investors. This deal surrounding FHAL isn't even in the same ballpark as RKLC magnitude wise.
<FYI: The lesson of RKLC...up 180% on news
of being a Walmart provider yesterday...and up again 51% this morning..
but now down 3% from the open.
The morning after hangover is a bear. Just brace yourselves, or sell on the morning rush, if there is one.
You can always buy in again later, maybe buy more for less $.
I don't doubt RKLC will get moving again, and in the long run will go higher...they've got low float and real revenue with Walmart...>