NUZA, clarification post - the June 30, 2000 date is not my typo! LOL! see the filing for yourself under President's comments.
tenkwizard.com
PRESIDENT'S COMMENTS For the first quarter of the year ended June 30, 2000, the Company showed a slight profit. Considerable capital resources were advanced to an affiliated investment group and utilized in developing a new dual concept restaurant, Numero Uno Pizza and Salsa Fresh Grill healthy Mexican food, which recently opened. Both 15 concepts have very high product quality and one is designed for lunchtime sales and the other is geared toward nighttime dining, conceptually making for an excellent fit. The investment group's second dual concept restaurant will be opening during the second quarter of the year ended June 30, 2000 in Sherman Oaks, California. The Company's management feels that the dual branding concept will open up new avenues for the Company. The future and profitability of the Company look very promising.
Anyway there is a future outlook for this company and it has an event date of June 30, 2000.
Also - one of the consultants believes this company can turn around.....
On July 23, 1999, the Company entered into agreements with two consultants. The agreements are for a fourteen month period and are scheduled to expire on September 30, 2000. The consultants are to assist the Company with the expansion of its operations by identifying, evaluating and structuring acquisitions of other companies. The consultants will also provide ongoing consulting services in the areas of management, strategic planning, corporate 8 financing and marketing in connection with the Company's line of business. In consideration for their efforts, the Company granted each consultant an option to purchase 1,000,000 shares of the Company's common stock at an exercise price of $.03 per share. On September 22, 1999, one of the consultants exercised his option by paying the Company $30,000 in exchange for 1,000,000 shares of the Company's common stock, and on September 30, 1999, the option for the other consultant expired without being exercised. |
