What is the difference between a franchise and a lease signing, it looks like (implied from release ???) the signing is the second step after the initial franchise agreement ? Are these new franchises or have they been mentioned before in the numbers and are people who have commited in a certain state and now are doing additional states or different states. The wording of this release was different and I am not sure what it means. It does give dates for openings. I do not see where the cash is coming from for this rapid of an expansion ? It would seem to me that something in the way of cash generation has to happen here before any expansion can happen.
It is mean to confuse you, which it is doing. They are simply existing franchisees signing new lease deals. Nothing worthy of a PR, but this company is a PR machine. There is a reason why they want to release PR's and hire 8 investor relation firms. Hype!
But, no, the sales are not there to support a $60M market cap. Notice how the lastest 10-q has still not been released. It will be wrapped in the 10-k just as I predictted and delayed to the very last minute possible.
Stenois...You are such an ass hole. You could put a bad spin on Santa Claus...To the previous poster...A lot of the people who sing with SPKL doesn't have a place picked to do business, and Pickle sends in people to help them find what they consider "prime" locations and secure a lease...True, this is not an earth shattering announcement. I think it is more a "connection" with their stock holders to let them know they are moving ahead on "plan A", and I appreciate that...Of course it also gives Stenois an opening to go into his "basher frenzy".......jack