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Absolutely Agree. They are expanding, biz is just like BJ's ..this has potential to be a 10 bagger in 2-3 years.
Don't see any explanation of how they intend to make a money loser profitable. New stores when the old stores are losers is not the recipe.Delisting threats have to be taken very seriously. You will never see any institutional money in a company that has even a whiff of it.
There's three outcomes in my view:1.) they get delisted and put on OTC or pinksheets. Everyone loses including the insiders.2.) they do well, the delisting threat passes...everyone doe well.3.) they offer a tender offer and go private. Investors, at least, do well.