Replies to post #3145 on Gourmet Provisions Intl Corp (GMPR)

[johnny wash]

I think your post is right on. I have posted before in defense of the comany, and will still do so, but while I feel that the company has good intentions, and that they are getting snagged in technicalities they still need to produce, or at least keep in very close touch with investors while tweeking their business plan. To me it seems like when someone owes you money, and they keep dodging you. They may have all intentions of paying you but you can't be sure!! At first you get nervous then you get mad then you give up!! If these guys are bogged down in permitting etc. Then give us specifics. They should let us know where things stand. IMO management probably is working as hard as possible to get the job done but we have no way of knowing this. PS. I'm in for another huge chunk at.02!!! I still believe we are going to make it on this stock but my stomach is grumbling for some pizza in about 170 differnt locations around the US. Good luck to all. All this is IMO.

[Wyatt Earp]

Mikeer69/Correct:

Tthe restaurant/food service business is unlike any other. Where local and county officials will "Grandfather", many new startup business, thus allowing them to get their operation going and generating revenue, before they have to meet new updated codes, this does not happen in food service. Because of health concerns, they make you come up to current codes, both state and Local, before you can open your doors.

But an interesting twist here. I am of the opinion that some of these stores were just converting name and original owners were going to run them as a franchise? If this is the case, they would be "Grandfathered", as there is no change of ownership. Only updated codes they might have to meet would be ADA. These updates could be completed in less than a week, two at the most.

It appears that the company has stumbled and Management has yet to regain control of the situation.

Wyatt