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Microcap & Penny Stocks : MISM: Franchising for the Future (The Future is Now) -- Ignore unavailable to you. Want to Upgrade?


To: broke2 who wrote (492)6/18/1998 1:19:00 AM
From: Leroyt  Read Replies (2) | Respond to of 1072
 
broke, I understand that all deals previously announced will be completed when the principal loan is available. I assume the "56" stores refers to the mall-based auto chain with 30 to 53 stores.

Those numbers were announced before the agreement for the operating franchise chain of 27 franchises. I understand the total of the 30-53 stores may be affected by the 27-franchise chain so that the stores don't conflict geographically. Also, the Goodyear locations need to be added. My guess is that the total of the 30-53 stores may even be slightly below 30.

Total auto stores/franchise locations should be about 55-60 from what I have heard.

I don't expect the auto chain to close until the money from the main loan package is available.

later, leroyt