Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

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To: Stock Watcher who wrote (6874)	4/19/1999 11:01:00 PM
From: KZAP	Read Replies (1) of 52051

Hey there Mr. busy! <g> The RTIN Conference call is over. It was relatively short, but it was interesting and informative. Really too much for me to remember it all in one post. I'll post a few important points. The Fatburger acquisition is to cost 8 million bucks. Only 4 million in financing needed because the other 4 million is to be financed by Fatbutrger. There has already been 1.5 million paid as a down payment. The deal is to be finalized by May 31st. However I expect it to be closed sooner. For one reason, there was a stockholder meeting tenatively announced for May 22nd, in Las Vegas. Home of the newest Fatburger. ;^) (RTIN is a Texas company, all previous meetings have been in Texas) There are already about 34 (or so) Fatburgers in operation. Three are being built presently. With deposits for another 25. Not bad huh? One of the best things for those interested in an investment opportunity in RTIN is the fact that the stock price is down. This is due (IMO) to so many nervous nellies who didn't realize what is going on. After tonight's CC, I think the tide will turn. Please read the thread and see the latest press releases if interested. That's enough for now isn't it? KZAP

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