Replies to post #15334 on Grey Fox Holdings Corp. (fka GFOX)

[TripTrap]

$ The BUSINESS OF GFOX - can you say FRACTIONAL $

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"Yep, as far I can tell, these guys have no business"
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The buzz around this sub-penny stock is not about what business GFOX has right now but where new management is taking GFOX in the near future.

A few years ago through the acquisition of DB Capital Corporation, Gray Fox did acquire a couple of burger joints called Graffiti Junction Restaurants in central Florida. New management says they hope to expand on them in the future. Ok, sounds good.

However...if you do just a little more reading it's pretty clear where the real focus of business is going to be for GFOX. Look at GFOX's new website under the tab : "New Business Model" Then look down under "Seeking Growth Opportunities" under the GREAT BIG GIANT YACHT. The first sentence says: "Post Financial Crisis the management has identified Luxury leisure and Hospitality sector as a new growth opportunity space." and it goes on in general terms to talk more about the US Hospitality and Luxury Leisure market.

Both the Comptroller of our company, Andrea Zecevic and her husband, the CEO of EMRY Capital, the man behind the money, are both passionate about luxury yachts. More specifically passionate about the business model of FRACTIONAL ownership of luxury Yachts....and luxury cars, jets etc. Things that normal people find too expensive to buy and experience. To give you an idea into fractional ownership here is Ms Zecevic's business website: http://saveene.com/

Now I have never met or corresponded with anyone at GFOX, just digging around on line, but I would be shocked if a merger / acquisition of a company involved with fractional ownership of luxury yachts, cars etc. was not in the near future for GFOX and I CAN'T WAIT to hear the coming news. The Luxury leisure space IS getting hotter and hotter! Bring it on!!!!

-- ALL OF THIS IS IMHO...DO YOUR OWN DD--

[Scott12]

Yep, that is what I thought, too.

"Grey Fox Holdings at one point operated Graffiti Junktion franchisees in Clermont and Daytona Beach, but no longer operates any restaurants. The Daytona Beach restaurant was only open about six months. “It was a terrible location,” Sobolewski said."

My question is, if the Daytona beach location was as terrible as Sobloweski claims, why did he buy that particular restaurant? Sounds like Sobolewski broke the cardinal rule in real estate.
https://www.thebalance.com/what-location-means-in-real-estate-1798766