InvestorsHub Logo

spongeboy

11/06/13 9:30 AM

#2048 RE: Brugg3 #2047

$1.85 x $3.00 bid/ask So far they have done everything they said they would do.

Sometimes they were a little late.. but..

There has been NO dilution

NO IR promotion

NO irreverent news for the sake of putting out news to pump

NO inside selling

Now we have almost No debt

Better share structure (I voted against split I would have rather seen them earn the higher pps)

Great team

Now post-split I smell a big acquisition or some other "big" news

They have been very quiet about the future except to mop up the mess left by prior management

I think they will directly own and manage for 15-28% margins instead of running for 7% royalties in the franchise model

Time will tell

Holding long