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Microcap & Penny Stocks : Redneck Foods (RDNK) - Poised to become a national chain -- Ignore unavailable to you. Want to Upgrade?


To: daffodil who wrote (86)6/30/1998 9:08:00 AM
From: vcap  Respond to of 125
 
RDNK and its' shareholders should take alook at LNSH. The company has opened 4 RAGIN RIBS rest. (Bar-B-Q chicken, ribs, etc.) in Tampa since January. Management has extensive experience in the industry (former Wendy's francisors and Holiday Inn executives). Company is also acquiring wholesale meat companies, which will increase profit margins. Already has 12month projected earnings of $0.15 per share (stock is trading at $0.50). Was recently written up in local Tampa papers and TAKE OUT magazine. Company was just awarded best ribs in Tampa by Tampa Bay Magazine. Only 5,000,000 shares outstanding. May be worth a look for RDNK.



To: daffodil who wrote (86)6/30/1998 7:31:00 PM
From: american dreamer  Respond to of 125
 
Good question. As a matter of fact, I am the consultant who worked directly with Redneck Foods in implementing the 504 and its subsequent entry into the market. Due to my relationship to the market and my experience in the business I hold a unique point of view. As such I think you will find my comments on this and other deals I might comment on to be deviod of hype.. I certainly believe in the companies I represent and I will attempt to point out what I consider to be the salient points in favor of them but at the same time I will always answer accurately any questions. One thing I am not, I am not a disguised hypester who acts like an interested shareaholder yet is paid to talk up a stock with lots of hyperbole when in fact he is just pushing the stock or worse yet talking it down because he is trying to profit from his short position. I like Redneck Foods. I think there is value at this level and I think management will grow this company into something to be proud of. I have worked with them for the past year and a half and have found them to be dedicated visionaries who know the restaurant business and have hit upon a wonderfully commercial idea.