Month after month of same store sales growth and now building out a new concept. There is fuel for the move and the only surprise is that it did not happen sooner. The main reason is that is took forever to bust through the cap in place from the warrants on the last cash raise.
I like what I see as long as the Bad Daddy's concept comes to fruition. This could grow into a Applebees or BW3 like chain but it is very early. High risk/ High reward potential here. I like that insiders were buying and compensations has not been as irrational as some public companies leaving much for the business.
The key is cash flow. Cash flow has been positive or is pumped back into remodeling and expansion. The key working against GTIM is that it is a microcap and serious money hardly flows in the direction of microcaps. Microcaps are targets for manipulation and a bear hedge fund can easily control a microcap that uses dilution to survive.