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Microcap & Penny Stocks : Wrapsters, Inc (OTC BB: WRAP) Corp. Profile and Discussion
WRAP 2.602-7.4%Nov 3 3:59 PM EST

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To: Micropicker who wrote (4)2/2/1999 3:34:00 PM
From: puzzlecraft  Read Replies (1) of 51
 
Micropicker.... What has me interested in this company are two things:

1) The management. The following is from their publicist:

Thomas E. Metzger, FMP
President

Mr. Metzger has an extensive background in the restaurant business serving as:

President - Kenny Rogers Roasters
VP Operations - Boston Market's Mid Atlantic region
Chief Operating Officer - Cinnabon World Famous Cinnamon Rolls
VP Operations - Wendy's

Clyde E. Culp, III
Director/Consultant

Mr. Culp's record in the hospitality industry includes:

President - Long John Silver's
President - Embassy Suites
President - Po Folks restaurants
President - DavCo Foods, Inc. (largest Wendy's franchisee)

William J. Gallagher
Director

Mr. Gallagher's successful track record in the financial and restaurant industries includes:

President - Jagbanc Capital, (Merchant Banking)
Vice President - Kemper Securities
CEO - WaterMarc Food Mgt.
CEO - Harvest Restaurant Group

This is quite a group for a tiny co.. Looks like they are thinking big.

2) I had a conversation with Mr. Metzger, president and he said one thing Wrapster's figured out was how to make the wraps quickly.

This is still an early-stage company and the risks are high, while the payoff for major success should be substantial (just like Greenspan said about the internet "lottery" stocks). Anyway, I plan to hold my small position for the long term.

John
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