About 1 bill shares f/diluted.
ESI SP 20 cents = MC $200 mill....same as WEC
Cant see why that wont happen with the first JV cemented.
One JV will likely lead to dozens over the next several years.
That IBU ann was strong. The Indo's want Coldry yesterday.
The franchise is open for business.
" Franchising refers to the methods of practicing and using another person's business philosophy. The franchisor grants the independent operator the right to distribute its products, techniques, and trademarks for a percentage of gross monthly sales and a royalty fee.
Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor. Agreements typically last from five to thirty years, with premature cancellations or terminations of most contracts bearing serious consequences for franchisees."
http://72.14.235.132/search?q=cache:gOBOmBjZb9UJ:en.wikipedia.org/wiki/Franchising+franchisee&cd=1&hl=en&ct=clnk&gl=au
top 40, page-16
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