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P K G

05/19/08 3:10 PM

#16569 RE: the big guy #16568

Well, I think you have done an outstanding job here. Great work.
Makes a lot of sense to me, too.

I just really wish in beginning situations like this, management wouldn't reward themselves so much until stockholders are also participating with the company at least in a break even situation. Then pay themselves big time. They would deserve it. Just not yet, IMO.

sandgoat

05/19/08 5:38 PM

#16570 RE: the big guy #16568

I like what you have there big guy but I don't get that warm and fuzzy feeling about the SG&A. Especially since the business plan seems to have taken a tangential path into software developement, sales etc. This must have had an effect on the overhead. I'm not qualified to answer my own questions but it just doesn't feel right. I invested in this company because my vision of a going concern restaurant chain meant big bucks, forward PE etc. Feels like a cap has been placed on that idea. Why? If the chain theory isn't going to work and the restaurants are just a proving ground for the software then I'm really confused. In either event, putting a choke hold on the SG&A would calm my nerves. Shed some light on this rant please!!!