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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN -- Ignore unavailable to you. Want to Upgrade?

To: Howard C. who wrote (2860)	12/3/1999 11:19:00 AM
From: KZAP	Respond to of 3351

I think after today we'll be one week closer!!! I can hardly wait! KZAP

To: Howard C. who wrote (2860)	12/3/1999 9:13:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 3351

For those who still follow RTIN on SI, the 10 Q for the quarter ending 9/30/99 has been filed. (this will be reposted on RB when it is up again) Highlights and lowlights: --Shareholder equity is 5.1mm on 10.3mm shares so book value is right around 50 cents a share( a little over 300K shares issued) --Revenues down a bit in the 3rd quarter, like 78%, relative to 3rd quarter 1998...$238K vs $1.1MM --But they got 45K rental income --Net income was (172K) for the quarter or a loss of 2 cents per share --Text said that reductions in revs due to lease of three restaurants while preparing for FatBurger....ROFLMAO Now, this is the part you will love Howard. I am not making this up either. It's right out of the Q. "The Company has planned the following operations for the 1999 calendar year, including: (i) Management's objectives for 1999 include the acquisition and expansion of Fatburger Corporation and the implementation of an aggressive franchising program. " IMHO, I truly believe that they believe the above objective. I ain't a shrink, but is this delusion of grandeur or what? There are TWENTY EIGHT friggin days left in 1999 but their objectives are to accomplish the acquisition of FB and expansion program in ONE MONTH, even though it has taken all year and they have yet to close the basic FB acquisition. This is starting to look pathological, IMHO. My friends, if you ever wondered why polygraphs are inadmissible as evidence in a courtroom, consider this as but one example. TG waiting for a quarter.