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Hah. Ya deb been there. But life's full of opportunity knocking too. This is starting to get interesting here.This has been beat up too bad IMO. I corresponded with a rep. and I was told they are currently in the process of opening a new store in NYC. Not the Chock Full o Nuts they opened in July in NYC. I think it's a Taco Time.
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Becareful on this one. I have followed it for over a year. Made some nice coin on it but got out because of the Toxic Financing. The Convertible Debentures are what kill this one. Some neasty companies are involved and bring it down to get more shares and sell on the spikes.
Just look at the chart and you can see it happening. If you play it smart and have any luck you can flip it but the Lows and Highs keep getting lower.
Not Bashing just sharing the information from My DD over the past year and a half.
quote:Originally posted by Guy Tough: Hah. Ya deb been there. But life's full of opportunity knocking too. This is starting to get interesting here.This has been beat up too bad IMO. I corresponded with a rep. and I was told they are currently in the process of opening a new store in NYC. Not the Chock Full o Nuts they opened in July in NYC. I think it's a Taco Time.
Taco Time has been on the table for over a year now, so it is likely that it could be opening soon. It would be the first and the showcase for them. Hey the company has a decent business plan and a lot of potential but the CD's are choking them. I have always hoped that the CEO and major shareholder Stephan could find a way to buy out the CD's but so far NOT. The CD's are what holds this back.
It's too bad that the owner had to resort to financing through AJW and the likes. Read the SEC filings and you will see what I mean about the Toxic Financing.
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Thanks Wally, input appreciated. The rep got back to me and it's not Taco Time, it's Chock Full o Nuts they were talking about. For the short term, this broke out above all MAs except the 200, which is currently .09, so it may move up a bit, there is some room there. Chart play from here so far JMO...
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Good info Tex and Wally. More info to add to the awwww fuuuuuuuuuuuu list. "Who's your Daddy, Inc." lmao. I think Corey is mocking these companies. He's in with cyberlux also, i wondered why that name sounded familiar. We were talking about him just a few days ago. Good thing I like puting money in the medical sector - lol.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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Heres the news you talked about, Tough Guy.
Oct 4, 2007 10:30:00 (ET)
MILLER PLACE, N.Y., Oct 04, 2007 /PRNewswire-FirstCall via COMTEX/ -- Rockelle Corp. (OTC Bulletin Board: RKLC.OB), a developer, owner, operator and franchiser of specialty quick service restaurants, cafes and food concepts, is pleased to announce the opening of its first full menu Chock full o'Nuts (CFN) restaurant in New York City. CFN's full menu will allow Rockelle to provide breakfast, lunch and dinner offerings as well as "grab and go" coffee, beverages and snack items.
Positioned on the second floor of a world famous NYC tourist attraction, this new location features a dining area overlooking 42nd street, one of the busiest streets in NYC. This CFN restaurant will provide concessions, inside the tourist attraction, for the more than 700,000 visitors annually.
Additionally, Rockelle will be one of the few select providers for the "box lunch" service that is made available to the over 200,000 students who visit this attraction every school year.
This full service restaurant will complement Rockelle's walk-up CFN concession stand, previously announced on July 11th, which features many "grab and go" items in addition to New York's favorite coffee, Chock full o'Nuts. This walk-up stand, situated directly on 42nd street, is accessible to the more then 17 million people who walk this busy street every year, according to the website www.timessquarenyc.org .
Mr. Jim LaGanke, Senior V.P. of Massimo Zanetti Beverage, USA, CFN's domestic parent company, said, "We are excited about the increased visibility this location offers to CFN. It provides us with a showcase for the new CFN look, which includes bright, inviting colors and a warm, appealing atmosphere."
Mr. LaGanke stated, "We are happy to have Mr. Stephan's food management expertise for this key location. CFN has opened approximately 40 new locations in the U.S. over the past 12 months and we expect to accelerate that growth in the months and years ahead. We are pleased that Rockelle will be part of our planned growth."
-------------------- It is better to be thought a fool than to speak and remove all doubt.
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quote:Originally posted by wallymac: Guys and Gals,
Becareful on this one. I have followed it for over a year. Made some nice coin on it but got out because of the Toxic Financing. The Convertible Debentures are what kill this one. Some neasty companies are involved and bring it down to get more shares and sell on the spikes.
Just look at the chart and you can see it happening. If you play it smart and have any luck you can flip it but the Lows and Highs keep getting lower.
Not Bashing just sharing the information from My DD over the past year and a half.
Take your profits and don't get too greedy.
GLTA Wally
Great post, Wally. I agree, I've been following this for almost a year and a half and been in and out of it several times. First time I got in at .22, it ran to over .30 before retracing just short of my exit price and I took a loss. Since then I've made quick "in and out" trades, never sticking around too long, never trying for "the big one".
The pattern puzzled me for a long time. On paper, this is a great company, a rare gem in the pinky world. Then I found out about the toxic financing--it's killed this stock and who knows when it will be done?
-------------------- Me Trade Pretty One Day.
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Rep emailed me back tonight. Says the convertible debenture debt has reduced, but they are still persuing alternate funding.. Also said there are many deals in the works, including a site on Long Island with a lease already signed. I asked her to get back to me about what franchaise, will post when I find out. She just said she can't sit still.
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I did get a confirmation from the rep and the new lease signed is for a Taco Time. I don't know why there's no PR for that yet, but I imagine it's coming.
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