At one time during his tenure with SRTC one of Mike Elich’s main duties was to sell Skills Resource Training Center franchises. SRTC had already transitioned some of its existing offices as franchises and was looking to use the franchise model to grow.
Despite his efforts including franchising trade shows Mr. Elich never sold a single franchise. Zero.
The only franchise growth that happened during that time was the opening of the expansion franchise in Nampa, ID to the Purnell group who were already franchisees. It had nothing to do with Mike. His lack of success was one of the drivers for abandoning the franchise model.
Based on the number of negative posts that you have made lately I get the impression that you are short this stock big time and trying to push it down. This could be a big mistake because when you cover you will just help it on the upside and I think you may be surprised at the next quarterly results.