Replies to post #43114 on Savvy Trades and Investments

[Knowledge is King]

Nothing that I've seen on FCCG; stock remains a blackbox that appears to represent ownership of 0.8 shares of FAT($9.37) for each share of FCCG. Do the math and that equates to about $7.50 FAT for each FCCG share...

[zenvesting]

FCCG: It's not a current event, but during the first FAT Brands CC on 11/29 a very inquisitive investor asked some questions about the tax sharing agreement and the tax credit at Fog Cutter. Andy answered that question to explain that FAT Brands still needs to accrue for taxes at ordinary rates, but that "they" will be saving the cash to reinvest in the business.

He said "there is a NOL in Fog Cutter, it's useful to FAT Brands, therefore there is consolidation, we do hope that in the future there will be some sort of transaction that enables, maybe it's a merger, maybe it's not, maybe some other transaction that enables the NOL to get 100% inside of Fat Brands and not have to use the tax sharing agreement, there's nothing certain about that, there's certainly been litigation at Fog Cutter and other things at Fog Cutter that we would want to get cleaned up before we do that and they aren't cleaned up yet so on that basis we chose to keep it separate to keep FAT Brands very clean and simple and easy to look at and that's really why we came up with the structure we did and I think everyone will be happy they don't have to worry about other liabilities at Fog Cutter at this point....."

FWIW, I signed up for a free PacerMonitor account, although I'm not really familiar with how to read these filings, it appears that the only active litigation is a judgement from Oregon that is being entered in the California District. In my very novice evaluation, it seams like it the potential liability of this case is quantified by this statement:
ABSTRACT of Judgment issued in favor of Plaintiff American Industries, Inc. and against Andrew A. Wiederhorn in the principal amount of $1,065,303.00, interest in the amount of $133,917.40, attorneys fees of $0.00, costs of $0.00. RE: Certification of Registration of Foreign Judgment (within U.S)1 (shb)

That's not really a big liability, IF that's all that's really out there, BUT I provide no assurances or warranties that my search is complete or exhaustive....buy at your own risk....yada, yada, yada..