In all honesty, Mike, I'm feel like that is the reason they went public -- to sell stock and get rich. To me, it sounds a lot easier than slowly building out stores from profits. And, ofcourse, actually making profits.
There is a whole lot more money to be made (more than all the profits they could have made) by just getting you guys to hand over your money. Just get a good story, open real stores, and voila. You have a public company. Issue more shares when the company runs out of money, and do it again. Of course, always take a very significant part of the case yourself (and your cohorts) and leave the rest more fiefdom buiding.
Just a theory is all. But that's what I suspect is happening in most, if not all, penny stocks on the OTC stock exchange.
not being an accountant I need a little expert advice, I was going to ask burger king our local expert on all things financal but decided to ask greenbay as a poor second choice. unless yahoo is screwed up the latest spickle #'s look to me like we either have a dilution coming in 2008, assuming that they can raise outside money or they are going broke here shortly, help me out here ???