Tootie Tuesday!!! Come by Tootie Pie Company Inc, Tootie Pie Gourmet Café-Huebner, Tootie Pie Co. Gourmet Cafe-Broadway for FREE coffee all day and $9.95 Tootie Cutie 8' pies in 5 flavors!!
To help pay off its debt, Tootie Pie proposed selling up to 5 million shares in new stock with a price of 10 cents per share. Tootie Pie stock most recently closed at 2.3 cents per share on the over-the-counter bulletin board.
Judge Craig Gargotta set a hearing for the reorganization plan on Feb. 3, the same day he will consider TCA Global's request to file a lawsuit against Tootie Pie's directors and officers on behalf of other shareholders. The creditor claims the company's management team intentionally misled shareholders by failing to disclose its staggering financial problems.