With one site open, would you finance another without seeing cash flow from #1? I thought they had their own money to accomplish their goals, obviously not. 65/35 food vs guns. You've got to eat you don't have to shoot. They may end up being just another upscale sports bar. We'll see soon if they have paid us the royalty they owe us. At this point I doubt it. Their web-site is outstanding.
Scneid, The MR presentation has very explicit and detailed sales goals/expectations. Crystal clear. $5mil in sales per site. Number of sites is also detailed along with when they will open. What more could you want?
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