The concern is why is the first franchised store shuttered if it was a viable business ? (Along with a 2nd store)
Converting the market to company owned stores sounds like putting lipstick on a pig to me.
Yeah, I found that article but I didn't connect the owner. And no mention of pie five. Even if it was the same group, couldn't they have sold the operating stores ?
So my post was removed.
The way I read it the FIRST franchisee gave up & quit. And closed their 2 stores. I called one & there was no answer so its still closed.
Rather than close the store(s) down ?
At some point, they are going to have to have meaningful earnings.
All I see is a boatload more stock sales than profits for the last 5 years.
In light of the upcoming deadline to submit director nominations for consideration at the Issuer's 2015 Annual Meeting of Shareholders, GAMCO is considering interviewing potential candidates for nomination. If one or more of these individuals becomes a nominee for election as a director, GAMCO plans to cumulate its votes in favor of the election of such individual or individuals with the shares over which it has voting authority.
I missed this in the 13da
17.34% with new 13da today.
looks like they bought 16k more yesterday.
11/12/14 8,000 9.8686
11/12/14 3,000 9.7508
11/12/14 5,000 9.8218
It appears he is an ex outdoor advertising guy who once sued a jet company for misleading the cost of their plane sharing.
Lives in Vegas.
13g, not 13d.
Too bad. We need an activist,