That's what you said above $12.
Don't hold your breath waiting for a Bombshells franchisee.
That's how these ponzi schemes work.
Lower the stock goes, the bigger the Reverse-Split. Why do a 1:4 at .50 when you can do a 1:5 at .40 ? Or worse!
It's because of all the new shares diluting the NEGATIVE EPS figure. LMAO!
Makes no sense for the stock to be up this morning. They announced they would remain a cash burner after claiming they would be cashflow positive in 2015.
Burned $6M last quarter.
From $14M down to $8M and burning $2M per month during the "good" seasons.
It's not the Pope's fault.