How many millions did he spend on litigation that should have been avoided in the first place by not selling to clueless idiots like those that used to post on this board ?
Is their take n bake any better than everyone elses take n bake ? Papa Murphys. And every freaking grocery store chain seems to sell take n bake now. Aldi, Walmart, Sams & Costco.
Are they doing a better job of only selling to people who actually have a chance at doing well rather than the clueless who thought buying a franchise means minting money while you sit on your butt & do nothing ?
Both sides share the blame here. But only Mobley spent millions in legal fees "winning" but not collecting a thin dime.
----while the cost benefit basis for legal fees may not balance out on this case, I'd be willing to bet it sure had an effect on any of the other franchise owners who might have been thinking about suing NROM to pick up some easy money. Whatever the outcome NROM is fairly sure to collect some of those legal fees back. And as a result pay a fair portion of their remaining debt back.----As for their operations going forward, the cost of entry and minimal staffing requirements for potential Take N Bake franchises make this a compelling story IMHO. We will see if it works out. But right now the market is not requiring any investor of the stock to pay a BIG UPFRONT cost to enter into the game. And my guess is that on Monday the market will give you even a lower entry point for those willing to buy into this story.