It had about $24 million cash at listing. $10 million debt. Only 5 company owned stores. Lower revenue.
It now has $29 million cash. $2 million debt and 71 company stores. Higher revenue, albeit a lower profit for the 2014 year due to all the renovations undertaken.
People where willing to pay up to 26 cents for the first but unfortunately the large amount of shares dumped into an illiquid stock pushed it down and people have been trying to come up with a reason why ever since. They have been unable to find one so have resorted to labeling the entire company a fraud.
SBB Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
