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Microcap & Penny Stocks : Afton Foods ( AFF ) -Franchise Consolidator -- Ignore unavailable to you. Want to Upgrade?


To: David Michaud who wrote (33)4/15/1999 4:09:00 PM
From: Brian Krenbrink  Read Replies (2) | Respond to of 60
 
Hi Dave:
After a little more digging,I do not think AFTN's aquisistion will not be a coffee house. The target is a breakfast type establishment with predominatly western exposure.Also word is that purchase of this company would not require additional financing, therefore I will assume that the company is already listed. A share swap seems to be the way they are going. IMHO the winner is HUMPTYS restaraunt chain, a well run company which was featured in BLSH about 2 years ago. Humptys, when featured was at .42 yet despite good growth,now at least 50 outlets, and profitable is still trading around .40
good luck
Brian