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To: David in Ontario who wrote (6142)	2/17/1999 11:58:00 PM
From: Mr. Fortune	Read Replies (1) \| Respond to of 11130

Is this a NEW PR for JSUB??? i guess so.. anyone see it yet? February 17, 1999 22:41 JRECK SUBS GROUP INC amends securities registration. Excerpted from 10-12G/A filed on 02/17 by JRECK SUBS GROUP INC: JRECK SUBS GROUP INC amends securities registration. Description of Business The Company sells area and single location Li'l Dino sub shop franchises and provides assistance ad guidance to franchisees. At October 31, 1997, there are 43 franchised units operating in North Carolina, Virginia, South Carolina and Georgia. Parent Company The Company is a wholly owned subsidiary of Li'l Dino Management Corporation. Franchise Fees Revenue from sales of area and single location franchises is generally recognized when substantially all significant services to be provided to the area developer and franchisee have been performed. In situations where revenue from such sales is collectible over an extended period of time and collectibility is not reasonably certain, revenue is recognized on the installment method as amounts are collected. Royalties The Company receives ongoing royalties from franchised stores based upon a percentage of the stores sales. The royalties are recognized as revenue in the period the sales occur. (End of Item Excerpt)