Things I like and things I don't (just throwin it
Post# of 3935
(Total Views: 835)
Posted On: 01/10/2018 11:33:45 PM
Things I like and things I don't (just throwin it out there)
LIKES:
Joey has done a nice job at cleaning up the toxic debt
Promos/bashes/Santa visits were a great move in Q4
Although his salary is quite high, it hasn't increased in over 2 years
Jillian has millions of warrants that become in the money at 10 cents
YELP reviews remain quite positive and demand seems to be there
With economy picking up, Q4 should be good from extra mall foot traffic
Float is fairly low at under 110M and o/s sits at 146M (hoping no offering)
Menu - which includes alcohol, is both diverse and healthy
Through all of this there has been accumulation happening since 9/25 in a noticeable way
Falling wedge pattern here which generally breaks to the Upside (70% success)
DISLIKES:
Joey is in way over his head at CEO and shows that he is uneducated/stubborn
He is the only Director and has no compensation / ethics committees etc.
IF this offering goes through, there are no assurances that money raised will be enough or even used for expansion. He can do whatever he sees fit w/ it
Why can't he get more traditional financing or an increased line to buildout 1 new location? Why go with the offering at this point which could be the start of the end in my view for a really great concept.
Why does he consistently do & state in interviews about pending expansion and mall operators that will roll out the red carpet when it clearly isn't happening
Bitcoin/BitPay PRs make no sense to me at this stage and sure seem like he is desperate and grasping at straws. Makes it seem like a penny scam
How can he not focus on increasing price when he has over 26M shares and has family/friends to consider that have invested as well
LIKES:
Joey has done a nice job at cleaning up the toxic debt
Promos/bashes/Santa visits were a great move in Q4
Although his salary is quite high, it hasn't increased in over 2 years
Jillian has millions of warrants that become in the money at 10 cents
YELP reviews remain quite positive and demand seems to be there
With economy picking up, Q4 should be good from extra mall foot traffic
Float is fairly low at under 110M and o/s sits at 146M (hoping no offering)
Menu - which includes alcohol, is both diverse and healthy
Through all of this there has been accumulation happening since 9/25 in a noticeable way
Falling wedge pattern here which generally breaks to the Upside (70% success)
DISLIKES:
Joey is in way over his head at CEO and shows that he is uneducated/stubborn
He is the only Director and has no compensation / ethics committees etc.
IF this offering goes through, there are no assurances that money raised will be enough or even used for expansion. He can do whatever he sees fit w/ it
Why can't he get more traditional financing or an increased line to buildout 1 new location? Why go with the offering at this point which could be the start of the end in my view for a really great concept.
Why does he consistently do & state in interviews about pending expansion and mall operators that will roll out the red carpet when it clearly isn't happening
Bitcoin/BitPay PRs make no sense to me at this stage and sure seem like he is desperate and grasping at straws. Makes it seem like a penny scam
How can he not focus on increasing price when he has over 26M shares and has family/friends to consider that have invested as well
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