News Focus
News Focus
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fallingstar

11/06/21 3:54 PM

#13058 RE: Leslie Salt #13057

lol. That was funny. It does kinda sound that way. ….but the point stands…. This will have its run and patience will win the day. ….!
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PennyHoper

11/06/21 4:35 PM

#13059 RE: Leslie Salt #13057

At the very least, current stock holders would like to see the financials out of morbid curiosity, to see how the 5 Illegal Burger stores, the 2 Kalaka Mexican Kitchens (one of which seems to be combined with an Illegal Burger store), and the one Illegal Pizza store all managed to survive on less then the revenue of one In and Out store.

Even though an extra billion [diluted] shares were issued, at $.0001/share, that would only be $100K. Even if they were sold for as high as $.001/share, which would be $1M, that's not a lot to divide between 7 stores over a year [treating the combined store as 1]. And -- as some might assume the worst -- if the entire amount received from the dilution all ended up in Nixon's pocket, it's even more of a wonder that the stores are all operating on less revenue than one In and Out store would bring in.

Even if the amount of diluted shares is higher for the last year than 'just' 1B, the stock price has been in the dumper, even at its highest price, so, again, it didn't generate all that much money to keep the 7 stores operating.

Quite the little horror story the financials will be.
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Moon$hot63

11/06/21 5:12 PM

#13060 RE: Leslie Salt #13057

I think a kids roadside lemonade stand would top revenue from this entire operation. lol