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Sheepdog

03/08/22 12:17 PM

#332792 RE: C to the E #332791

Snakes needs to gather itself and get healthy, not expanding and diverting assets and energy in some little boy's fantasy of making the company stronger. That is what Ben did with the original Snakes and why he lost it to Amfil. This company is dangerously close to bankruptcy. It is the definition of balance sheet insolvency.

Had we been Franchising, that would be a different matter.

Shawn22

03/08/22 12:29 PM

#332793 RE: C to the E #332791

If management had not been giving a blind eye towards investors for such a long time the erosion would be less in my opinion. They need to tell their story in a much more impactful way to the investing community.

The new location looks like a stray away from a conventional snakes and lattes. Hopefully it works out not sure it’s the best plan though.




1vman

03/08/22 3:18 PM

#332798 RE: C to the E #332791

*****Simple , the market knows current management is over their heads here

Funn will not move up until Ben roger Larry step aside or hire someone with restaurant and managerial experience and give them complete control

But Ben's and Roger's arrogance wont let it happen

ENOUGH SAID