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Posted On: 12/11/2017 10:08:53 AM
Post# of 3935
Re: Honeycomb777 #3797
Option #1? Not happening. No one is going to pay .18 for a .02 stock. No way, no how. No sober investor will do that deal.
Option #2? There is no "strategic investor" so there's no money. If there was a strategic investor, he wouldn't allow himself to get diluted with the offering right out of the gate.
Neither are going to happen. There is one way for it to happen and that's for Parsi and his crew to come up with, say, $1 million in cash (not shares) and an investor will match that. But I don't think anyone on the board is willing to put money in with Parsi or they probably would have done it by now.
That would keep the lights on and have enough to get 2 or 3 locations open IF the malls give the almost 100% concessions Parsi has bragged about.
Another side deal is to sell a franchise, to say, someone who has a background in the playscape space. But I don't know if Parsi filed the state and federal franchise documents yet. I was told that can be pricey.
Option #2? There is no "strategic investor" so there's no money. If there was a strategic investor, he wouldn't allow himself to get diluted with the offering right out of the gate.
Neither are going to happen. There is one way for it to happen and that's for Parsi and his crew to come up with, say, $1 million in cash (not shares) and an investor will match that. But I don't think anyone on the board is willing to put money in with Parsi or they probably would have done it by now.
That would keep the lights on and have enough to get 2 or 3 locations open IF the malls give the almost 100% concessions Parsi has bragged about.
Another side deal is to sell a franchise, to say, someone who has a background in the playscape space. But I don't know if Parsi filed the state and federal franchise documents yet. I was told that can be pricey.
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