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BubbaInSC

06/20/22 4:46 PM

#336312 RE: Chester100 #336311

Not_Much_They_Missed_Point_and_Didn’t_Answer_Or_address_any_of _the_concerns_here

I think that they need to release a PR to market and Minority SH to address below. Great way to re build trust and define short and intermediate action plans that are realistically achievable and to get idea of solvency/financial health

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169194475



I_Got_A_Message_From_One_of_The_Execs/Insiders

But am not going to say from who.

All I can say is that I didn't ask that an exec respond to me personally, but rather to the Market and more importantly, Minority SH.

My email suggested that FUNN execs release an official PR to the Market and minority SH to address below.

Explain:
The Active Liens. Did the liens ultimately cause the Glendale acquisition failure? Are active liens a barrier to FUNN getting loans approved by banks and SBAs?
Why FUNN has failed to file audits.
Why FUNN has not applied for a loan that would cover the cost of a CEO, advertising costs, accounting and auditing costs for FU19, FU20, and FY21 thruy FY26.
Why FUNN doesn't hire commissioned salesmen to sell franchises
Why FUNN hasn't sold any franchises.

What is FUNN's short term and mid term, realistic action plans for Snakes & Lattes?
Why doesn't FUNN just publicly admit that Beast Burgers, Subscription Services, Games2Go, and the Cali Video game partnerships are dead?



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169097593 Maybe_BC_Ought_To_PR_About_Active_Liens_and_Flat_River_Writ_of_Garnishment???

Or outline a fiscally responsible and realistically achievable action plan. Take this as an opportunity to rebuild lost trust.

List of Things That Would Give Market GREAT Reason To Buy FUNN

1. FUNN securing a low interest loan for the next 5 years that would cover the costs of
a. CEO@$100k/year = $500k, ceo to have restaurant and franchising experience
b. Advertising @ $250/month = $15k
c. cost of accounting service/year for 5 years.
d. cost of completing and filing audits in a timely manner. Complete FU19/FU20/FU21 and FU22. Cost of Completing FU23-28.

2.Filing FU19/FU20/FU21 Audits in accordance with USA franchising requirements
3. Hire commissioned salespeople with experience selling franchises
4. Sell Franchises

5. Release a PR that officially acknowledges that Beast, Subscription services, Games2Go, and the Cali video game partnership opportunities are FAILURES and FUNN will abandon these efforts - and focus on bringing all existing, money losing cafes to positive net profitability AND commit to selling franchises.

Unfortunately, with all of FUNN's active liens and mismanagement of Minority SH $$$, it's unlikely that they would be approved?

S&L Concept is good (but still should be improved)
Management is truly HORRIBLE, and should be replaced.

Unless they go to Guido's PayDay Loan Company at high interest rates.

https://www.pacermonitor.com/public/case/44180181/Flat_River_Group_LLC_v_Amfil_Technologies_Incorporated