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06/11/12 8:36 AM

#18146 RE: SirWinston #18145

I knew you would come up with something. OK, so, you go ahead and choose what outfits you want to compare.

However, I disagree with your statement. It seems to me that what you want to do is not admit that my numbers are right. We went through that here. Some investors wanted to make diffeent kinds of claims.

For example, one wanted to compare Waffle House to BCCI, showing that WH had about 600 dollars in revenues per store. Of course, they forgot to mention that most WFs are franchises, and those the revenues per location are only the fees paid to the parent company; not the sales.

So you want to compare to, let's say, Jamba? Some franchise that sells ice cream? Is comparison to Dunkin dounuts acceptable to you? Or will you disapprove all all comparison because they will not prove your claims?

But the truth is that my comparison is valid. The truth is that there are hundreds of food and beverage outlets of all kinds, and no matter how you compare certain things are obvious.

A fancy steakhouse with 300 capacity is going to do more than 10 million a year, possibly more than twenty. McDonald's are going to do about 5 million a year. SBUXs between one and two. Jambas and Subways around 500K, and because of sizes, etc, BCCIs, in order to be profitable, will have to do around 250K to 300K per year.

There are going to be some similarities in the cost of product, how facilities are use, etc, so yes, the comparisons are valid. So, I ask you again, which businesses do you consider to be comparable?

Oh, by the way, I do know how BCCI is managing not to spend what it is supposed to do. We know the FEDs are suing the company for not paying employees. BH did the same elsewhere. He bought locations with a contract promise to pay the liabilities to suppliers, but never did. has changed suppliers several times and left bills unpaid. He did not finish paying all parties doing work on properties. He probably is not carrying insurance, in some cases possibly against the law. He does all the office work with no pay, but takes stock instead, selling it at the market, and raking in large amounts of money, and not climing an expense for it, so the numbers look better.

But it matters not all the tricks he does. The business is a non-starter, and it will fail in the long run, and investors will get nothing at the end of the line.