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Microcap & Penny Stocks : Eat At Joe's (BB:JOES) -- Ignore unavailable to you. Want to Upgrade?


To: Nescom who wrote (216)2/23/1999 9:16:00 PM
From: jeff s  Read Replies (1) | Respond to of 343
 
nescom. i would not trust any pr firm that would nock one company to try and build another. i belong to a couple of news letters and have never seen them talk about another company to try and make there pick look good. and for your information from what i have heard this is a trial project and this company has faled before. do that have any units in major places like joes does in an airport. do they have a 16 unit chain that they are going to aquire. hudson grill was selling for 15 cents with thirteen units. if they have thirteen units why is there price so low if they are profitable. the hole thing does not add up for me. to auggs-chris and dave and all others concerned. we have had a set back but from what i can gather by mid to the end of next month all the people that got out at these low levels are going to be sorry they did. we are headed toward another move up and this time i believe it will stay up. i talk to joe and konny at least once or twice a week and i believe good news will be comming are way in a very short time. still havent sold any of my stock but sure am trying to buy as much as i can at this low price. i think all of us will be calling march eat at jose month. just a few more weeks and are question will be answerd.



To: Nescom who wrote (216)4/13/1999 9:46:00 AM
From: BlueCheap  Read Replies (1) | Respond to of 343
 
BSNS WIRE) EAT AT JOE'S, LTD. Signs Exclusive Master License Agreement EAT AT JOE'S, LTD. Signs Exclusive Master License Agreement With Koo Koo Roo Enterprises, Inc. for Canadian Rights


Business Editors

TORONTO--(BUSINESS WIRE)--April 13, 1999--EAT AT JOE'S, LTD. (OTC
BB:JOES;BERLIN:JOS), a diversified food service company that owns the
Eat at Joe's chain of 1950s-style diners, announced today that it has
signed a 20-year Exclusive License Agreement with renewal terms for
an additional 20-years with Koo Koo Roo Enterprises, Inc. (OTC BB:
KKRE). The Agreement calls for Eat at Joe's, Ltd. to develop and
manage Koo Koo Roo Restaurants in Canada, stated Gino Naldini,
President and Chief Operating Officer of Eat at Joe's, Ltd. The
company plans to operate five Koo Koo Roo Restaurants in Canada by
the end of 1999.
Koo Koo Roo Restaurants is a California-based casual dining,
quick service restaurant chain featuring their exclusive Original
Skinless Flame Broiled Chicken, roasted hand-carved turkey,
made-to-order tossed salads and specialty sandwiches. Mr. Naldini
said, "the Koo Koo Roo dining concept, operating philosophy and
expansion strategies complement ours, and we believe Eat at Joe's will
help achieve the objectives of both companies in Canada."
The Eat at Joe's Canadian Subsidiary is currently managing two
Koo Koo Roo Restaurants, one approximately 3,800 square-feet and the
other 4,500 square-feet, in Toronto, Canada. The Company intends to
take control over these restaurants by June 30, 1999. In addition, by
May 1, Eat at Joe's plans to open a 5,000 square-foot Koo Koo Roo
Restaurant in Toronto, Canada. Development of a fourth 5,000
square-foot Koo Koo Roo Restaurant will commence in Markham, Ontario
during the second quarter of 1999. Currently, we are identifying
additional unit sites in Toronto for expansion.
Gary Usling, Chief Financial Officer of Eat at Joe's, Ltd.
stated, "we anticipate that the three operating Koo Koo Roo
Restaurants in Toronto will generate gross revenues of C$4.5 million
in their first fiscal year of operation. As previously announced, we
have begun our expansion-through-acquisition program. We also
anticipate adding other 'Branded Restaurant Concepts' under the Eat at
Joe's umbrella in the coming months."
Eat at Joe's serves home-cooked American meals at eight
diner-style restaurants in southern New Jersey, Pennsylvania and
Baltimore, Maryland. Two additional restaurants are under
construction, others are in planning stages, and the company has
signed a letter of intent to acquire a 16-unit regional restaurant
chain.

Except for historical matter contained herein, the matters
discussed in this press release are forward-looking statements and are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
reflect assumptions and involve risks and uncertainties which may
affect Eat at Joe's, Ltd.'s business and prospects and cause actual
results to differ materially from these forward-looking statements.

--30--eb/ny*

CONTACT: Porter, LeVay & Rose, Inc.
Seven Penn Plaza
New York, NY 10001
(212) 564-4700
ATTN: Michael Porter
President
OR
Eat at Joe's, Ltd.
670 White Plains Rd., Ste. 120
Scarsdale, NY 10583
(914) 725-2700
ATTN: Joseph Fiore
Chairman & C.E.O.

KEYWORD: NEW JERSEY
INDUSTRY KEYWORD: RESTAURANTS FOODS/BEVERAGES

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