Replies to post #48111 on Branded Legacy Inc (BLEG)

[Rick_Sanchez]

Okay, Lucky's is filing for bankruptcy. In itself, that looks pretty bad...

...however, you completely chose to ignore the fact that while they are closing 32 of their 39 stores, they agreed to sell 6 stores to Aldi's and another 5 to Publix.

So 30% of those closures are going to remain open, albeit under new branding. Who knows what supplier agreements get terminated and which live on with these 2 new grocers. VATE could perhaps live on and sign even larger deals with Aldi's and Publix.

You don't know and either do I, so to infer that it is a failed "pipe dream" is a stretch.

[Mototeam]

Haha, how can you even think that is anything to worry about? Kona is working on a much bigger deal than a small handful of organic grocery stores and I'm sure that VATE will follow that same path in time. Wherever people buy food....VATE and KONA will both be there eventually, and wherever people buy gas....they will be there too. Now if people stop buying gas and eating food, then we will have lots to worry about.