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Granite City Food & Brewery Ltd. Message Board

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  • honda4everrrr honda4everrrr Mar 13, 2007 11:25 AM Flag

    shell game

    <<I wonder what caused GC to discontinue the equip. lease with DHW.>>

    It was nothing more than bridge financing. Everyone was squaking about 14% interest, but think about how much more dilution we would have had if the shares were sold at $3.50 instead of $5.35.

    Remember, the key is to get to 26 stores as quickly as possible. With less than 26 stores they lose money. The longer they delay, the more money they lose.

    They're now set.

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