Replies to post #50772 on Savvy Trades and Investments

[zenvesting]

FCCG: Looks like the market likes it.

FCCG is getting the Series A Fixed Rate Cumulative Preferred Stock for the same price as offered on June 14th....

Looks like they are getting closer to a merger.....did I share the interview here with Andy Wiederhorn where he contemplated that a merger may happen next year?

[zenvesting]

FCCG: The valuation disparity with FAT is still at about 150% here and Andy Wiederhorn had mentioned in an interview last year that he was considering a transaction that would bring FCCG and FAT together this year, so I figured I'd take a look again.

The company appears to be taking a big gamble here rebranding their primary brand that built its reputation over the past 70 years, Fatburger, as Skinnyburger....no, it's not April Fool's Day yet:
https://finance.yahoo.com/news/fatburger-goes-skinny-branding-skinnyburger-120000849.html


Ironically, when I entered FCCG into Google the third result is: The Florida Council? on Compulsive Gambling.

Maybe the Skinnyburger is their best selling product, but will franchisees be excited and willing to finance major renovation expenses for signage and who knows what else?