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Non-Tech : Kona Grill Restaurants
KONA 0.0395+71.7%Jan 21 3:00 PM EDT

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To: Tom Caruthers who wrote (48)2/14/2007 1:22:30 AM
From: Tom Caruthers  Read Replies (1) of 62
 
Didn't take notes. But in general, SSS impacted by bad weather in Denver closing down restaurant for 4 days, and competition in 2 other stores (Vegas, another) The other stores are estimated to have had SSS in Q4 of 4%. Going forward, delayed openings of 6 units (due to mall construction delays) will impact timing of revenue and profitability. Know 4 sites, have LOIs on other 2 and announce signing within 6 months. May look to raise additional capital this year.
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