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Non-Tech : Kona Grill Restaurants -- Ignore unavailable to you. Want to Upgrade?

To: Tom Caruthers who wrote (48)	2/13/2007 7:29:21 PM
From: gladman	Respond to of 62

can you summarize? revenue growth is on track but SSS sucks.

To: Tom Caruthers who wrote (48)	2/14/2007 1:22:30 AM
From: Tom Caruthers	Read Replies (1) \| Respond to 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.