aus dem Jahresbericht 2000 vom 29.06.01
Management estimates that the number of Company-operated units will need to grow to at least 30
with comparable or slightly improved performance to the existing units in order to reach break even
with operational costs. The Company estimates that this growth to 30 units will require approximately
$300,000 of additional investment capital (in addition to the investment capital required to address
the current working capital deficit) and approximately six months to achieve. In anticipation of this
growth and the need for additional capital, the Company is planning to release a private placement
offering memorandum in July 2001. The details of the private placement are still being contemplated
and there can be no assurance that the Company will be successful in attracting investors.
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Gerd
