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Microcap & Penny Stocks : SVCDQ, temporary board?

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To: Arthur Tang who wrote (41)4/20/2000 6:13:00 AM
From: Arthur Tang   of 66
 
New 8k filing with the SEC, shows February EBITDAR shy by $3 million+. January figures are not shown but is estimated to be loss of $82 million. March and now April may also show $80 million negative EBITDAR per month. The 8k filing started with a negative tone on all the risks involved.

Management has not been using cheap and effective banners and posters to announce what is happening inside the stores. Since the success of the Nashville store with 70% discounted loss leaders; SMC has not kept up with that policy at other stores.

Management at the headquarters apparently has not have hands on management on all the store performances. It is bad for the stockholders; if we don't set the alarm on the desk of whoever the management is responsible for merchandising and advertizing.
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