reverse split was to satify NASD requirements, otherwise TUBY would have to move off NASD and go to bb (that would be bad)
I went to the yearly meeting this morning.
The best part was the golf cart ride from my car to the entry at the Cherry Creek Country Club.
just kidding <ggg>
highlite of speech was they are adding new franchise owners
8 new locations to open this Spring of 1998
Total Petroleom contract, Total used to have Blimpies now is switching to Tubby's, 5 new locations as of yesterday.
They have formed their own distributorship unit for supplies, will not have to depend on outside suppliers anymore.
CEO says he expects 1998 Revenue to be double that of 1997
I asked about expenses and net earnings per share for 1998, he said it is too early to forecast.
That's about it
Sue Slaine, investor
If Paganes or others from TUBBY's read this, a little suggestion from me.....
You used to grill the buns, wish you would do that again...that was a special, no other sub shop offered, would be great to have you do that again. |
