-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
Anyone still watching this stock? Seems to be approaching the annual low. Your thoughts would be appreciated.
Posts: 126 | From: St. Louis, MO | Registered: Oct 2005
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not watching it but it looks like it may be making a turn to the upside here pretty soon. I am waiting for conformation...maybe some one has the b/a that would help out a little too.
Posts: 1104 | Registered: Dec 2005
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I don't quite understand why this company is trading so cheap. You can actually walk into one of the restaurants and eat. 30+ locations and building more. I sent an email off to Dan Patterson (President)yesterday. Still no reply.
Posts: 126 | From: St. Louis, MO | Registered: Oct 2005
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posted
If you don't mind waiting for awhile this will come back, and be trading over .001. Don't ask me how long a wait you'll have. .0005 / .0006 good entry for this pos. No history of R/S, and November news looked good, any kind of a positive PR will make it go.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Well...I've sent 2 emails within the past 5 days with still no reply. I guess i'll just have to overwhelm them. Posts: 126 | From: St. Louis, MO | Registered: Oct 2005
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quote:Originally posted by will: If you don't mind waiting for awhile this will come back, and be trading over .001. Don't ask me how long a wait you'll have. .0005 / .0006 good entry for this pos. No history of R/S, and November news looked good, any kind of a positive PR will make it go.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Last .0009, Bid .0008 / Ask .0009. Just need a fluff PR like, "we're going to include a free pickle with every sandwich purchased", and it will go.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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QRVI seems to start moving north again - bollingers slowly closing, etc. This is a profitable company with plenty of resources - yet the PR Dep is 'far, far less than adequate!! They even forgot to renew/pay for their domain..hence their web-site is down. I dont really care...because this allows me to further accumulation of shares....For those not familiar with the stock, I just repost an earlier summary:
Recent summary of Business Activities Quality Restaurant Ventures (OTC Pink Sheets: QRVI) today released a financial review showing that during 2004, QRVI had a 269%+ increase in system-wide sales compared to sales made in 2003. This report is the first announcement revealing the financial impact of investments QRVI made last year in two fast-growing, regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG). The report shows that in 2003, QRVI's system-wide sales were $4,677,502 compared with $12,599,913 for 2004. While the majority of the 2004 increase can be attributed to the company's new affiliations, Sobik's Sub Shops posted a sales increase of $207,803 which is 4%+ gain in system-wide sales for 2003. ...
Posts: 213 | Registered: Oct 2005
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posted
Creeping back up Bid .0006 / Ask .0007 . Any decent volume might send this up a few ticks.
Volume 1/5/06 11169400 Volume 1/6/06 10801600
Average Volume 5-Day 5534780 20-Day 3717865 50-Day 3867954
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by will: QRVI more and more love here:
Last .0012, Bid .0011 / Ask .0013 7.3M Volume.
yep, here we go - 50% up - seems we are rapidly recovering to the previous .0012 - .002 trading range...now, if there was finally a overdue PR come out than this thing would jump to the 0.002 in no time...
Posts: 213 | Registered: Oct 2005
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posted
They let me in for a little taste at .0004. I'm guessing that's bottom. It will be going back up soon. Seems to have a 6 to 8 week cycle.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
QRVI Affiliate Sobik's Subs to Introduce New Co-Brand Friday March 17, 9:22 am ET
HEATHROW, Fla., March 17 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI - News) announced today that it is in the final stages of preparation before introducing a new co-brand for its restaurant affiliate, Sobik's Subs. The concept, whose name has not yet been finalized, will offer a limited fast-food menu designed to drive new customers to its locations while encouraging its regular customer base to return more often. ADVERTISEMENT
"The recipes for our new concept will be a strong complement for our existing operations and our customer base," explained QRVI President Dan Patterson. "Our focus has been on two fronts. First, we needed to develop a menu with the most popular fast-food choices that could be enhanced with our own new sauces and seasonings. Second, the new concept had to be fairly compatible with existing operation and equipment. We believe our formula will do both and become a real business booster."
Key menu items for the concept include Black Angus burgers and buffalo wings prepared with several different seasoning choices. The new concept has been in development for the past nine months.
Sobik's Subs has steadily grown to be one of Central Florida's most recognized hometown restaurant brands. For further information, see: http://www.sobiks.com
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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RECENT COMPANY HEADLINES 08/03 Quality Restaurant Ventures Starts New Acquisition-Affiliation Initiative 07/28 Quality Restaurant Ventures Posts Significant System-Wide Sales Increase For 2004 07/22 Substantial First Quarter Sales Gains Place QRVI on Track for Record Year 07/15 Quality Restaurant Ventures Announces Opening of New Orlando Restaurant 02/08 Quality Restaurant Ventures Opens Sixth Westshore Pizza in Central Florida 01/31 Quality Restaurant Ventures Teams With School Leaders to Prepare Students for Upcoming FCAT Exams 01/19 Quality Restaurant Ventures' Sobik's Subs Opens First Atlanta Operations 11/18 Quality Restaurant Ventures Announces Multiple Openings 11/11 Quality Restaurant Ventures Announces Sobik's Subs Brand Will Expand into Georgia 05/18 QRVI Opens First Famous Uncle Al's Hot Dogs Location in Central 05/06 QRVI to Open Another Westshore Pizza Location in the Orlando 04/23 QRVI Announces First 100 Days of Accomplishments 04/22 QRVI Announces Construction to Begin on Westshore Pizza 04/20 QRVI to Help Orlando Homeless With Construction of 04/06 QRVI Announces Opening of First Westshore Pizza Location 04/01 QRVI Announces Low-Carb Wrap Promotion at its Sobik's 03/30 QRVI Announces Plans to Open Winter Springs, Fla. Famous 03/25 QRVI Announces Agreement to Open 3 Famous Uncle Al's Hot 03/24 QRVI Announces Agreement to Open Another Westshore Pizza 03/18 QRVI Announces Successful Start to 2004 New promotion 03/17 QRVI Announces Construction to Begin on Westshore Pizza 03/16 QRVI Announces Signing of Agreement to Open Another 03/12 QRVI Announces Agreement with Area Developer to Open Four 03/10 QRVI Announces Agreement With Area Developer to Open Five 03/09 QRVI Announces the Acquisition of a Stake in 44 Units 3/5 QRVI Announces New Appointment 3/1 QRVI Acquires Stake In Westshore 2/18 QRVI Announces New Location
08/03 Quality Restaurant Ventures Starts New Acquisition-Affiliation Initiative HEATHROW, Fla., Aug. 3 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) announced today that it is expanding its search for new corporate affiliations and acquisitions. The decision comes just five days after the company announced significant increases in system- wide sales for 2004. QRVI currently has more than 70 franchise affiliates from three restaurant concepts, and is currently in discussion with several new, growing brands.
"The timing is right to augment the QRVI network," affirmed Dan Patterson, QRVI COO. "We are now ready to offer the same economies of scale that help make our affiliates profitable to more restaurant groups ready to reach their next plateau of growth." QRVI offers marketing, purchasing, franchising, real estate and infrastructure services, such as legal and accounting functions, to its network of franchise affiliates. "The magic in our formula is just like Wal-Mart's. The more goods you buy, the less you pay per piece for them."
QRVI's strategic tactics for increasing affiliates include:
1. Broader distribution of corporate press materials in key markets the company already serves.
2. An expanded section on the QRVI website addressing the advantages of being a QRVI affiliate.
3. Increased solicitation through industry and legal affiliations for select acquisition/affiliate targets.
Acquisitions and franchise growth in 2003-2004 increased QRVI's system- wide sales by more than 250% last year and have logged a 22+% increase for the first quarter of 2005. ________________________________________________________________ 07/28 Quality Restaurant Ventures Posts Significant System-Wide Sales Increase For 2004 HEATHROW, Fla., July 28 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) today released a financial review showing that during 2004, QRVI had a 269%+ increase in system-wide sales compared to sales made in 2003. This report is the first announcement revealing the financial impact of investments QRVI made last year in two fast-growing, regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG - News).
The report shows that in 2003, QRVI's system-wide sales were $4,677,502 compared with $12,599,913 for 2004. While the majority of the 2004 increase can be attributed to the company's new affiliations, Sobik's Sub Shops posted a sales increase of $207,803 which is 4%+ gain in system-wide sales for 2003.
Significant increases in system-wide sales continue to enable QRVI to enhance its operational efficiency, and ultimately the company's profitability. QRVI now provides marketing, purchasing, real estate and infra- structure services for over 70 franchisee affiliates. Each QRVI restaurant concept also has a number of new franchises in construction or under contract. ________________________________________________________________ 07/22 Substantial First Quarter Sales Gains Place QRVI on Track for Record Year HEATHROW, Fla., July 22 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) today released a statement showing that system-wide sales for the first quarter of 2005 have increased 22+% over the same period of 2004. If the trend is continued, QRVI's annualized system-wide sales should be on track to exceed $17 million.
For the first quarter of 2005, QRVI's system-wide sales were $4,444,513 compared with $3,630,120 for 2004. Quality's investments last year in two fast-growing regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG - News), along with unit growth in its flagship brand, Sobik's Sub Shops, have boosted the company's system-sales figures and strengthened operations over the past 18 months.
"Quality reached a new plateau last year," said Dan Patterson, QRVI COO. "We've now refined our organization to accommodate the higher volumes, and all around, QRVI is much better prepared to continue our mission of growing the company further." ________________________________________________________________ 07/15 Quality Restaurant Ventures Announces Opening of New Orlando Restaurant HEATHROW, Fla., July 15 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI - News) announced today that it has opened a new Sobiks Sub Shop restaurant at 4519 North Pine Hills Rd, in Orlando, Florida 32818. There are now over 40 locations in the popular sub chain, with several additional locations opening in the next six months.
"We are simultaneously moving Sobiks forward along several fronts," explained Dan Patterson, President of QRVI. "While we have continued to develop new franchises for our core brand, Sobiks Sub Shops, we're also expanding our Sobiks Cafe and Sobiks Express concepts as well." Sobiks has been one of Central Florida's most popular quick-serve restaurants for over 30 years, often voted in local restaurant guides and newspapers as one of the area's best fast food franchises.
Sobiks Cafes are designed to be placed in downtown office buildings and suburban commercial centers with a minimum of 90% occupancy. They are sit-down as well as take-out and delivery restaurants that generally require a smaller footprint to operate. The Sobiks Express concept is tailored for convenience stores food operations. ________________________________________________________________ 02/08 Quality Restaurant Ventures Opens Sixth Westshore Pizza in Central Florida HEATHROW, Fla., Feb. 8 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI - News) announced today that it has opened a new Westshore Pizza located at 863 SR 436 in Casselberry, Fl., 32708. The opening makes six locations in Central Florida for the popular QRVI concept.Westshore Pizza plans to open twenty-five new locations over the next three years.
Dan Patterson, President of QRVI, congratulated Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, saying, "We're going to make Westshore Pizza a name to contend with. They've got a great product line and an image that we believe hits a home run with the pizza & sub take-out/delivery market. Just look how well they've done in Tampa."
Westshore Pizza, originally based in the Greater Tampa market, now has 52 locations as it begins to expand across the state. Additional openings are scheduled for Longwood, Cocoa Beach, Apopka and South Florida. The chain features authentic Philadelphia-style pizza and "the real deal Philly Cheese Steak." ________________________________________________________________ 01/31 Quality Restaurant Ventures Teams With School Leaders to Prepare Students for Upcoming FCAT Exams HEATHROW, Fla., Jan. 31 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI - News) announced today that it will be sponsoring an innovative, new community service project in Lake County, Florida aimed at helping students pass the upcoming 2005 FCAT tests. The program will be held at four locations of QRVI restaurant affiliate, Sobik's Subs. The new program will be conducted from 7 a.m. - 10:30 a.m. each Saturday in February.
Dan Patterson, President of QRVI, developed the pilot tutoring program for middle and high school students in conjunction with Mr. Marion Berry, a Lake county teacher and developer of http://www.FCATHelp.com . "Our future is defined by our children," said Patterson. "We believe their success in preparing for the adult world is an important focus for Sobik's." Local Lake County teachers have been hired by QRVI to tutor students at the Sobik's locations in Eustis, Apopka, Fruitland Park and Minneola. In addition to sponsoring the free tutoring, Sobik's will also be providing free lunches to all of the participants. ________________________________________________________________ 01/19 Quality Restaurant Ventures' Sobik's Subs Opens First Atlanta Operations HEATHROW, Fla., Jan. 19 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI - News) today announced that it opened the first Sobik's Subs in the Atlanta area on January 15. The new restaurant will be located at 3195 Austell Road in Marietta, Georgia.
In making the announcement, Dan Patterson, President of Quality Restaurant Ventures, Inc., said, "This is a very significant event for QRVI and Sobik's Subs. Georgia is going to be one of our prime markets for franchise growth during 2005."
Sobik's Subs, a partially owned subsidiary of QRVI, is a fast casual restaurant chain serving a variety of popular subs and health-oriented salads. The company recently reported sales increases for each of the previous nine months. QRVI has plans to open as many as twenty (20) Sobik's locations in the greater Atlanta marketplace in the next five years. ________________________________________________________________ 11/18 Quality Restaurant Ventures Announces Multiple Openings HEATHROW, Fla., Nov. 18 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI - News), franchisor of Sobik's Subs sandwich restaurants, and Famous Food Group, Inc. (OTC Pink Sheets: FFDG - News), the franchisor of Famous Uncle Al's Hot Dogs restaurants, is pleased to announce the opening of a Famous Uncle Al's Hot Dogs unit in Woodstock, Georgia and a Sobik's Subs unit in Leesburg, Florida.
Richard Michael, Director of Marketing for Famous Uncle Al's Hot Dogs, said the location in Georgia is the company's first venture into the state. "Al's are opening like crazy in Florida and it looks like the word has gotten out to its neighboring state," said Michael. "We've found that Georgians love a good hot dog as much as the rest of us."
Dan Patterson, President of Quality Restaurant Ventures, said this particular Sobik's Subs location in Leesburg is next to a busy shopping mall and in the center of a large retirement community. "Sobik's is very popular with seniors," said Patterson. "They've been beating the door down for us to open."
Famous Uncle Al's Hot Dogs currently has 8 stores located in the greater Virginia Beach, Va. area. The chain is expanding rapidly into Florida with several development deals signed and four locations currently open in Florida. A unit is scheduled to open next month in Melbourne, Florida, followed shortly after by one in Cocoa, Florida. ________________________________________________________________ 11/11 Quality Restaurant Ventures Announces Sobik's Subs Brand Will Expand into Georgia HEATHROW, Fla., Nov. 11 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI - News), franchisor of Sobik's Subs sandwich restaurants, is pleased to announce it's Florida-based Sobik's Subs Brand will open a location early next year in Marietta, Georgia, a suburb of Atlanta.
Dan Patterson, President of Quality Restaurant Ventures, said Sobik's Subs has done so well in Central Florida that potential franchisees call from all over the country wanting to open locations in their areas. "To this point we have resisted opening Sobik's Subs in other states. We've wanted to really build the brand here in Florida. But at this point, with the seasoned team we have put together, its time for Sobik's to branch out to states in the southeast."
Construction on the Sobik's Subs unit in Marietta will begin within 30 days and plans call for the opening early next year. ________________________________________________________________ 05/18 Quality Restaurant Ventures Opens First Famous Uncle Al's Hot Dogs Location in Central Florida Opening is first of major expansion into the Florida market HEATHROW, Fla., May 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI.PK), franchiser of Sobik's Subs sandwich restaurants and Famous Food Group (OTC Pink Sheets: FFDG.PK) is pleased to announce the opening of the first Famous Uncle Al's Hot Dogs location in the Central Florida Market. The unit is located in Deltona at 1235 Providence Blvd.
Famous Uncle Al's Hot Dogs was started in Virginia Beach, Virginia by "Famous Uncle" Al Stein. A native of Brooklyn, Stein grew up eating hot dogs at Coney Island and started selling them at the age of 10 at his grandparent's boardwalk stand in Far Rockaway, New York. His first unit was such a success locally that he began selling franchises himself in Virginia growing the chain to 10 total.
Richard Michael, Director of Marketing for Famous Uncle Al's, said the company has plans to open up to 200 units within Florida. Michael said Florida is prime for expansion of the chain because of the abundance of strip centers with 1,000 to 1,500 square feet of space, the population growth rate and the lack of hot dog competitors. "There really is no national hot dog chain to speak of," said Michael. "We hope to be one eventually."
Dan Patterson, President of Quality Restaurant Ventures said the opening of the Deltona was a great success. "I am so proud of the first store's successful opening. It looks like Florida was the right choice for Uncle Al's."
Famous Uncle Al's Hot Dogs Territorial Director Ron Watterson is the franchisee of the Deltona unit and already has 2 additional units under construction. Within Volusia and Seminole counties Watterson has plans to open 20 Famous Uncle Al's. "I'm very pleased with the first opening, ecstatic really, and look forward to more openings soon." ________________________________________________________________ 05/06Quality Restaurant Ventures to Open Another Westshore Pizza Location in the Orlando Market Pizza Chain Continues Path to Saturate Central Florida Marketplace HEATHROW, Fla., May 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants, and Head West Enterprises, LLC, franchisor of Westshore Pizza, are pleased to announce a new Westshore Pizza will open Friday in Kissimmee, Fla.
Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, said the unit is located at 401 W. Oak Street in the Central Park Plaza shopping center.
"We've got another one opening in Orlando and I'm very excited to see Westshore gain a foothold in the market," Samson said. "It's another big step for our chain."
Westshore Pizza currently has 46 stores that are predominantly located in the greater Tampa Bay market. With aggressive area developers, Westshore Pizza has plans for continued expansion throughout the state.
QRVI recently acquired a part of Head West Enterprises to combine economies of scale in marketing, purchasing and accounting and to help Westshore Pizza attract larger and more sophisticated developers. ________________________________________________________________ 04/23 Quality Restaurant Ventures Announces First 100 Days of Accomplishments HEATHROW, Fla., Apr 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants in Florida, formally Sobik's International Franchising, Inc., released a fact sheet Wednesday outlining the company's accomplishments in the first 100 days as a new company.
Dan Patterson, President of Quality Restaurant Ventures, said the new name better reflects the goals of the company to acquire and manage small to medium-sized restaurant chains. Patterson said in the first 100 days as Quality Restaurant Ventures, the company has:
* Acquired a percentage share of Famous Uncle Al's Hot Dogs, a 10 -unit Virginia Beach Company * Acquired a 19% share of Westshore Pizza and Cheese Steaks * Through ownership in new brands, created a 168% growth in units * Accomplished the successful opening of first Sobik's office cafe kiosk * Nine additional Sobik's Subs units in development * Begun construction on 3 Famous Uncle Al's locations * Successfully rolled out Sobik's "Choices" promotion * Launched dynamic new Sobik's web site * Signed several area development deals for Famous Uncle Al's and Westshore Pizza * Instituted program to co-brand its units with affiliates Famous Uncle Al's Hot Dogs and Westshore Pizza * Opened 4 Westshore Pizza locations with several to begin construction soon * Developed low-carb marketing strategy for Sobik's * Developed plan to begin the baking of fresh bread in Sobik's locations
"Needless to say we have accomplished quite a bit in our first 100 days," said Patterson. "And we are very excited about the future development of Quality Restaurant Ventures in the coming months."
James Emerson, Director of Marketing, said Quality Restaurant Ventures' strategy is to identify and acquire regional franchisors in business for eight years or more, with established brand recognition or brand equity, and combine economies of scale in marketing, purchasing and accounting and to help acquired concepts attract larger and more sophisticated developers. "We acquire an interest in a Franchisor, maintain the brand name identity of the concept, and keep the ownership and ownership risks with the Franchisee," said Emerson. "We mitigate the ever-increasing real estate costs and the challenge of managing the employee infrastructure needed to grow. Therefore, two of the largest hurdles for rapid growth are greatly reduced."
Sobik's Subs has been in the submarine sandwich business for more than 35 years in Central Florida. Quality Restaurant Ventures' affiliate company, Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), currently has investments in approximately 440 franchises in 30 states throughout the United States. These brands include Gator's Dockside Restaurants, Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's Deli and Grille, Famous Uncle Al's Hot Dogs, Westshore Pizza, Sobik's Subs and New York Burrito. ________________________________________________________________ 04/22Quality Restaurant Ventures Announces Construction to Begin on Westshore Pizza Location in Cocoa Beach Pizza Chain Continues Aggressive Expansion in Florida HEATHROW, Fla., Apr 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants, and Head West Enterprises, LLC, franchisor of Westshore Pizza, are pleased to announce construction will begin in October on a new Westshore Pizza unit in Cocoa Beach, Fla.
Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, said the unit will open in November inside the new Cornerstone Plaza shopping center anchored by the Publix grocery store. The center is located at 5665 North Atlantic Avenue. "What a busy area," Samson said. "That's the main drag in Cocoa."
Westshore Pizza currently has 46 stores that are predominantly located in the greater Tampa Bay market. With aggressive area developers Westshore Pizza has plans for continued expansion throughout the state.
QRVI recently acquired a part of Head West Enterprises to combine economies of scale in marketing, purchasing and accounting and to help Westshore Pizza attract larger and more sophisticated developers.
Quality Restaurant Ventures, through franchising of Sobik's Subs has been in the submarine sandwich business for more than 35 years in Central Florida. Quality Restaurant Ventures' affiliate company, Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), currently has investments in approximately 440 franchised restaurants in 30 states throughout the United States. These brands include Gator's Dockside Restaurants, Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's Deli and Grille and New York Burrito. ________________________________________________________________ 04/20 Quality Restaurant Ventures, Inc. to Help Orlando Homeless With Construction of Sobik's Subs Unit at Shelter Restaurant Will Provide On-The-Job Training for Homeless to Enter Workforce HEATHROW, Fla., Apr 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants is pleased to announce that the City of Orlando has received a $500,000 federal grant to convert 25 rooms of an old hotel into apartments for the chronically homeless, and the city will kick in $100,000 to build a convenience store and a Sobik's Subs restaurant on the property to provide jobs and training for the formerly homeless residents.
The money will come from the U.S. Department of Housing and Urban Development as part of President Bush's 10 -year effort to end chronic homelessness with $35 million released for the initiative in 2003 alone. The money will pay for the remodeling of rooms, offices and the dining area at Maxwell Garden Apartments located on Orange Blossom Trail in Orlando. The city's contribution will pay for construction on the store and the Sobik's Subs unit.
Dan Patterson, President of Sobik's, said the facility is located on a major highway with plenty of parking and a huge sign. "This unit will be an asset to the Sobik's chain as well as a great asset to the community by providing training for the homeless to reenter the work force and get off the street," Patterson said.
Helaine Blum, director of Grand Avenue Economic Community Development Corporation, said residents will work at the Sobik's and 30 percent of their income will go toward rent. She said residents receive life skills training and counseling at the center as well as on-the-job training.
Dan Patterson said he felt comfortable with Blum from the first day he toured the facility. "She is so dedicated to this project. She takes seriously the issue of homelessness and I am pleased that Sobik's can participate in this worthwhile project with her."
Sobik's Subs has been in the submarine sandwich business for more than 30 years in Central Florida. Quality Restaurant Ventures' affiliate company, Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), currently has investments in approximately 440 franchised restaurants in 30 states throughout the United States. These brands include Gator's Dockside Restaurants, Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's Deli and Grille, Famous Uncle Al's Hot Dogs, Westshore Pizza, Sobik's Subs and New York Burrito.
For more information, please contact: Daniel R. Patterson, President of Quality Restaurant Ventures, Inc. at 1 -877 -655 -4300. ________________________________________________________________ 04/06 Quality Restaurant Ventures Announces Opening of First Westshore Pizza Location in 35 -Unit Deal Chain Continues Expansion Throughout Florida HEATHROW, Fla., Apr 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants and Head West Enterprises, LLC, franchiser of Westshore Pizza, are pleased to announce the opening of the first Westshore Pizza location in a 35 - unit deal with DGHI, LLC.
Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, said the Westshore Pizza location opened four weeks ago and has been highly successful. "DGHI, the developer, is very happy with the success and has signed up to develop 35 locations down the Manatee - Naples corridor of I-75," Samson said. "That corridor is quintessential Florida. It's a beautiful strip of land and one of the fastest growing areas in the state. It's perfect for Westshore development."
Westshore Pizza currently has 42 stores that are predominantly located in the greater Tampa Bay market. The company has plans to expand into much of Florida and has opened several locations in the Orlando market this year.
QRVI recently acquired a part of Head West Enterprises to combine economies of scale in marketing, purchasing and accounting and to help Westshore Pizza attract larger and more sophisticated developers. ________________________________________________________________ 04/01 Quality Restaurant Ventures, Inc. Announces Low-Carb Wrap Promotion at its Sobik's Subs Chain Sobik's Fills Demands of Carb-Conscience Consumers HEATHROW, Fla., Apr 1, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants is pleased to announce the introduction of low-carbohydrate wraps to the menu.
The wraps themselves have only 7 net carbs each. Sobik's customers will be able to turn any Sobik's regular sub into a wrap and allowed to select the toppings, but will be steered by the Sobik's staff to choose low-carb ingredients for the wrap, such as low-fat meats and cheese.
James Emerson, Director of Marketing for Sobik's Subs, said adding low- carb wraps to the Sobik's menu was inevitable. "Millions of Americans have jumped on the low-carbohydrate bandwagon in an effort to lose weight," Emerson said. "In a consumer-driven marketplace, Sobik's is poised to offer what it demands."
Sobik's Subs will now be "one-stop shopping" for dieters, said Dan Patterson, President of Sobik's. "We are now able to offer dieters low-fat as well as low-carb. Choose a salad or a cheese steak. It's all available at Sobik's." ________________________________________________________________ 03/30 Quality Restaurant Ventures, Inc. Announces Plans to Open Winter Springs, Fla. Famous Uncle Al's Hot Dogs Location Al's Continues to Expand in Central Florida HEATHROW, Fla., Mar 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants, and Famous Food Group, Inc. (OTC Pink Sheets: FFDG), the franchisor of Famous Uncle Al's Hot Dogs restaurants, is pleased to announce the signing of an agreement with David J. Foods, LLC to open 3 Famous Uncle Al's in the Orlando marketplace with the first location to be in Winter Springs, Fla.
Famous Uncle Al's Hot Dogs currently has 10 stores located in the greater Virginia Beach, Va. area. The chain is expanding rapidly into Florida with several development deals signed and 2 locations currently under construction. The location in the Winter Springs Towne Center will begin construction next month, with an opening scheduled for the end of May.
Richard Michael, Director of Marketing for Famous Uncle Al's, said he is excited to have David J. Foods onboard. "Here's another company that has spent the past 2 years looking for a concept," said Michael. "They found us and immediately came aboard."
QRVI recently acquired a part of Famous Food Group to combine economies of scale in marketing, purchasing and accounting and to help Famous Uncle Al's Hot Dogs attract larger and more sophisticated developers. ________________________________________________________________ 03/25 Quality Restaurant Ventures, Inc. Announces Agreement to Open 3 Famous Uncle Al's Hot Dogs Locations in Naples Area Agreement Continues Expansion Into South Florida HEATHROW, Fla., Mar 25, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants, and Famous Food Group, the franchisor of Famous Uncle Al's Hot Dogs restaurants, is pleased to announce the signing of an agreement with C.T. Restaurant Concepts to open 3 Famous Uncle Al's in the Naples, Fla. area.
C.T. Restaurant Concepts will open locations in Collier County with the first unit to open in Naples. Famous Uncle Al's Hot Dogs currently has 10 stores located in the greater Virginia Beach, Va. area. The chain is expanding rapidly into Florida with several development deals signed and 2 locations currently under construction.
Richard Michael, Director of Marketing for Famous Uncle Al's said he was impressed with this group and is please the organization decided to open Famous Uncle Al's. "They looked into several franchises and in the end they chose us," said Michael. "I couldn't be more pleased and I know they will do a great job." ________________________________________________________________ 03/24 Quality Restaurant Ventures, Inc. Announces Agreement to Open Another Westshore Pizza location in Orlando Area HEATHROW, Fla., Mar 24, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants and Head West Enterprises, franchisor of the Westshore Pizza brand, are pleased to announce the signing of a contract with O'Hana Foods to open a Westshore Pizza location in Apopka, Fla.
O'Hana Foods will purchase an existing pizzeria on the corner of Wekiva Springs Blvd. and State Road 434 in the upscale Wekiva area of Orlando and convert the location to Westshore Pizza. The location will be the first of four O'Hana has agreed to open in the Orlando market. The Westshore Pizza unit will open June 1st.
Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, said the opening will continue the company's aggressive strategy of growth in the Central Florida area. "Our goal is to have at least 25 units in the Orlando area and continue our expansion into the rest of Florida," Samson said.
Westshore Pizza currently has 42 stores that are predominantly located in the greater Tampa Bay market.
Quality Restaurant Ventures recently acquired a part of Head West Enterprises to combine economies of scale in marketing, purchasing and accounting and to help Westshore Pizza attract larger and more sophisticated developers. Earlier, the company acquired a part of Famous Uncle Al's Hot Dogs, a hot dog chain based in Virginia Beach, Va. Through these acquisitions, combining economies of scale, and the ability to co-brand the concepts, QRVI looks for very rapid growth throughout Florida. ________________________________________________________________ 03/18 Quality Restaurant Ventures, Inc. Announces Successful Start to 2004 New promotion encourages continued expansion in Florida HEATHROW, Fla., Mar 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants in Florida is pleased to announce the launch of their "Choices" promotion has been a huge success at its locations.
The promotion kicked off January 19th with the roll out of giant-sized, in-store posters, table tents and local radio commercials. The Sobik's menu was expanded to offer more sliced meat on many sandwiches, as well as five kinds of Wisconsin cheese, seven types of dressings, three kinds of peppers and seven types of vegetables.
James Emerson, Director of Marketing for Sobik's, said customer response has been overwhelmingly positive regarding the additions to the menu. "Customers like a choice when they dine out and Sobik's now gives them an almost unlimited way to make their own subs," Emerson said. "Some of the new subs customers are designing themselves are really good -- subs I would never think of and I hope we can add them to our existing Sobik's menu."
Sobik's Subs continues to expand in the Central Florida market, growing 13 percent last year alone in terms of number of locations opened. One new unit has already opened this year in Maitland, with another opening this month in Leesburg. With the previously announced acquisition of an interest in Famous Uncle Al's Hot Dogs and Westshore Pizza, Quality Restaurant Ventures is on pace to grow 30% internally this year with further opportunities to expand through co-branding Sobik's with another concept. The additional units have more than doubled QRVI's presence in Central Florida.
Dan Patterson, President of Sobik's, said several potential franchisees have called asking about opening locations because they were impressed with the way Sobik's is promoting itself. "With our new promotion, our remodeled stores, our new units and our new website, people are really interested in where the Sobik's concept is headed," Patterson said.
"We've expanded our menu and we've expanded our market share," said Patterson, "It looks like we're in for another great year." ________________________________________________________________ 03/17 Quality Restaurant Ventures Announces Construction to Begin on Westshore Pizza Location in Winter Springs Unit Continues Expansion in Central Florida HEATHROW, Fla., Mar 17, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants and Head West Enterprises, franchiser of Westshore Pizza are pleased to announce construction will begin within 45 days on a new Westshore Pizza unit in Winter Springs, Fla.
Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, said he thinks the site, on the corner of Red Bug Lake Road and State Road 436, will be an excellent location. "That's a great territory for expansion," Samson said. "With that many homes concentrated in one area we're a natural."
Westshore Pizza currently has 42 stores that are predominantly located in the greater Tampa Bay market.
QRVI recently acquired a part of Head West Enterprises to combine economies of scale in marketing, purchasing and accounting and to help Westshore Pizza attract larger and more sophisticated developers. ________________________________________________________________ 03/16 Quality Restaurant Ventures, Inc. Announces Signing of Agreement to Open Another Sobik's Subs Location in April Opening Continues Sobik's Aggressive Growth Strategy HEATHROW, Fla., Mar 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants is pleased to announce the signing of an Agreement with R.J. Patel to open a Sobik's Subs Express Unit in Leesburg, Fla. on April 15th.
Daniel Patterson, President of Sobik's, said, "The Leesburg area has grown tremendously in the past several years and the food service industry in the area is struggling to keep up. We have had a large number of inquiries from the Leesburg area."
The Sobik's Subs Express unit is located inside a convenience store at 2005 Main Street in Leesburg, Fla. Patterson said the store is extremely busy. "This Sobik's could be the busiest c-store in our entire chain." ________________________________________________________________ 03/12 Quality Restaurant Ventures, Inc. Announces Agreement with Area Developer to Open Four Westshore Pizza Locations Deal continues aggressive growth in Florida HEATHROW, Fla., Mar 12, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants and Head West Enterprises, franchisor of the Westshore Pizza brand are pleased to announce the signing of an agreement with O'Hana Foods to open 4 Westshore locations in the Orlando, Fla. area.
O'Hana Foods will open locations in the Orlando marketplace. Westshore Pizza currently has 42 stores that are predominantly located in the greater Tampa Bay market.
Paul Samson, Managing Member of Head West Enterprises, LLC, the franchisor of the Westshore Pizza brand, said he is excited about this additional agreement and looks forward to expanding the concept further into the Central Florida market. "The Orlando area is exploding with growth and our affiliation with Quality Restaurant Ventures and Ultimate Franchise Systems (OTC Bulletin Board: UFSY) will help us grab a big slice of the market," Samson said, "no pun intended." ________________________________________________________________ 03/10 Quality Restaurant Ventures, Inc. Announces Agreement With Area Developer to Open Five Westshore Pizza Locations HEATHROW, Fla., Mar 10, 2004 /PRNewswire-FirstCall via Comtex/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants and Head West Enterprises, LLC, franchiser of Westshore Pizza, are pleased to announce the signing of an Area Developer Agreement with Angelo Canales to open a minimum of 5 Westshore locations in the Orlando, Fla. area.
Canales will develop locations throughout Orange, Seminole, Osceola and Lake Counties. Westshore Pizza currently has 42 stores that are predominantly located in the greater Tampa Bay market.
Paul Samson, President of Westshore, said, "We are very excited about our Agreement with Mr. Canales and look forward to expanding our concept into the Central Florida market. The Orlando area is exploding with growth and our affiliation with Quality Restaurant Ventures, Inc. and Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY) will help us facilitate our current growth expansion in that market." ________________________________________________________________ 03/09 Quality Restaurant Ventures, Inc. Announces the Acquisition of a Stake in 44 Units HEATHROW, Fla., Mar 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets QRVI), Franchisor of Sobik's Subs sandwich restaurants in Central Florida, is pleased to announce the closing of the acquisition of 19% of Head West Enterprises, LLC, the franchisor of Westshore Pizza and Cheesesteaks, the 44 unit chain based in Tampa, Florida. Westshore Pizza currently has 44 stores open with 12 under current development. Westshore also has signed area development agreements to open a minimum of 30 additional units over the next five years.
Westshore's current units are predominantly located in the greater Tampa Bay market. Their growth model is focused on state-wide development. They currently have two stores open in Orlando with 20 -25 more planned.
Dan Patterson, President of QRVI said, "We are very excited about the closing of this transaction and we expect it to be the first of multiple acquisitions or investments. We have been looking to invest in a company with size and with a viable business model that we can develop in our existing markets. We believe Westshore is positioned to grow rapidly and will greatly enhance our position as a regional consolidator and developer of exciting brands."
Paul Samson, Westshore's CEO stated, "Joining the Quality Restaurant Ventures, Inc. family is a major accomplishment for Westshore Pizza. The economies we can offer each other through purchasing, marketing, and combining of human resources will bring immediate positive impact for our current franchisees and area developers. Most importantly, their affiliation with Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), a company with investments in over 400 franchise units, will help attract larger and more sophisticated developers for Westshore Pizza, as well as their other concepts." ________________________________________________________________ 03/05 6:45A Quality Restaurant Ventures Announces Appointment of Regional Director for South Florida Company looks for aggressive growth in Southwest Florida HEATHROW, Fla., -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants and Famous Uncle Al's Hot Dogs restaurants, is pleased to announce the signing of an agreement with Bob Dowdell to be the Regional Director for Famous Uncle Al's in Southwest Florida.Dowdell will oversee development of all Famous Uncle Al's units in the Fort Myers, Naples and Sarasota areas. Currently he is negotiating deals for 3 stores in the area with plans for aggressive growth in the future.
Dan Patterson, President of Quality Restaurant Ventures, said, "We are very excited to have Bob aboard. We feel that the Fort Myers/Naples/Sarasota geographic region has great potential for the growth of the Uncle Al's concept and that Bob is the perfect person to spearhead that growth."
Famous Uncle Al's Hotdogs was started in Virginia Beach, Virginia by "Famous Uncle" Al Stein. A native of Brooklyn, Stein grew up eating hot dogs at Coney Island and started selling them at the age of 10 at his grandparent's boardwalk stand in Far Rockaway, New York. His first unit was such a success locally that he began selling franchises himself in Virginia growing the chain to 10 total.
QRVI recently partnered with Famous Food Group (OTC Pink Sheets: FFDG) to franchise the Uncle Al's concept and has plans to develop Famous Uncle Al's Hot Dogs throughout Florida. ________________________________________________________________ 03/01 6:30A Quality Restaurant Ventures, Inc. Contracts to Acquire Stake in Westshore Pizza HEATHROW, Fla., Mar 1, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets QRVI), Franchisor of Sobik's Subs sandwich restaurants in Central Florida, is pleased to announce the signing of a "Letter of Intent" to acquire 19% of Head West Enterprises, LLC, the franchisor of Westshore Pizza and Cheesesteaks, "The Taste of Philly." Westshore Pizza currently has 42 stores open with 14 under current development. Westshore also has signed area developers to open a minimum of 30 additional units over the next five years.
Westshore's current units are predominantly located in the greater Tampa Bay market. Their growth model is focused on state-wide development. They currently have two stores open in Orlando with 20 -25 more planned.
Paul Samson, Westshore's CEO stated, "We are very excited to join the Quality Restaurant Ventures, Inc. family. The economies we can offer each other through purchasing, marketing, and combining of human resources will bring immediate positive impact for our current franchisees and area developers. Most importantly, their affiliation with Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), a company with investments in over 400 franchise units, will help attract larger and more sophisticated developers for Westshore Pizza, as well as their other concepts."
Dan Patterson, President of QRVI said, "We have been looking to invest in a company with size and with a viable business model that we can develop in our existing markets. We believe Westshore is positioned to grow rapidly and will greatly enhance our position as a regional consolidator and developer of exciting brands." ________________________________________________________________ 02/18 6:30A QRVI Announces Construction On Lake County Sobik's Subs Location HEATHROW, Fla., Feb 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchiser of Sobik's Subs sandwich restaurants in Central Florida, is pleased to announce construction has begun on a new Sobik's Subs Express unit in Leesburg, Fla., continuing an aggressive push into Lake County by the company. The unit is to open March 15th.
Dan Patterson, President of Sobik's, said, "Lake County has gown tremendously in the past several years and the food service industry is struggling to keep up. We have a large amount of inquiries from the area; people are starving for food establishments there."
The Sobik's Subs Express unit is located inside a convenience store at 2005 Main Street in Leesburg. Patterson said the store is extremely busy. "This Sobik's will be inside the busiest c-store in our entire chain. It's amazing how many people come in and out of there," Patterson continued.
Sobik's Subs Express Kiosks are designed to fit into small spaces like office buildings, schools, hospitals, c-stores and other institutions. They offer a limited menu but maximize the space available with a simple equipment package and a dramatic, sophisticated look.
The construction of the kiosk unit is being handled by Irish Hospitality Associates of Apopka, Fla. They recently finished work on a similar kiosk in an office building in Maitland, Fla. That unit opened February 9th.
James Emerson, Director of Marketing for Sobik's, said, "The Maitland location had an extremely busy opening week. When I saw the finished kiosk and all the people eating in there I was blown away. It is amazing the way Irish can build these things on such a small footprint."
Patterson said, "Sobik's Subs has just attained the ability to co-brand with Famous Uncle Al's Hotdogs, another aggressively expanding concept out of Virginia Beach, Va. This ability to co-brand with Uncle Al's will help Sobik's compete in the c-store food business. Both concepts use much of the same equipment, and sharing employees makes this a winning combination for franchisees."
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Finally, Peterson woke up and PR is out! Nice volume developing! Seems like this dormant stock might come alive again.....at .0007 it has quite an upside potential....
Posts: 213 | Registered: Oct 2005
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It appears they get pretty aggressive with PR's in the month of March, hoping to see more yet this March. Add to that the way the mini-micros, (under .001), have been running the first quarter of '06, I think there might be a greater than usual move up. MM's have collected plenty of cheap shares on this one over the last few months. I'm expecting to see higher than the usual pop this time. Should double as easily as breaking toothpicks, and may even get past that .002, like it did early Oct of '05. If Stocks that have Billions O/S can hit .035+, why can't this profitable little company see, .0025 soon ? I usually sell 1/2 my original shares at a double, (which is.0008, bought at .0004), to protect my principle, but this time I think I'll ride it a little longer before selling any, after all, the Ask was at .0008 Friday afternoon, won't be long before that .0008 is in the review mirror with the volume it has recently seen plus the Friday PR. A lot of folks will be seeing that Friday move and news over the weekend. Might see it gap Monday ???
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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By: mettamarc 03 Mar 2006, 06:04 PM EST Msg. 1281 of 1306 (This msg. is a reply to 1279 by wormseyevue.) Jump to msg. # Wormseye: below some basic informtion - hope it is still accurate more or less. In case you haven't seen their website:
Looks to be me like something is brewing...volume is rising nicely for the last few 3 days..- last time we had 10mio + shares was almost 4 months ago...
Recent summary of Business Activities Quality Restaurant Ventures (OTC Pink Sheets: QRVI) today released a financial review showing that during 2004, QRVI had a 269%+ increase in system-wide sales compared to sales made in 2003. This report is the first announcement revealing the financial impact of investments QRVI made last year in two fast-growing, regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG). The report shows that in 2003, QRVI's system-wide sales were $4,677,502 compared with $12,599,913 for 2004. While the majority of the 2004 increase can be attributed to the company's new affiliations, Sobik's Sub Shops posted a sales increase of $207,803 which is 4%+ gain in system-wide sales for 2003
Posts: 655 | From: Louisville,Ky | Registered: Dec 2005
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Will with an O/S under 1 biilion (if correct) this could be a real mover, I think your numbers are very possible, I think we double our volume from friday on Monday.
Posts: 655 | From: Louisville,Ky | Registered: Dec 2005
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The company fell a sleep for a while and really has not put out a lot of PR's but these two from 2005 are all we should be focused on.
08/03 Quality Restaurant Ventures Starts New Acquisition-Affiliation Initiative HEATHROW, Fla., Aug. 3 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) announced today that it is expanding its search for new corporate affiliations and acquisitions. The decision comes just five days after the company announced significant increases in system- wide sales for 2004. QRVI currently has more than 70 franchise affiliates from three restaurant concepts, and is currently in discussion with several new, growing brands.
"The timing is right to augment the QRVI network," affirmed Dan Patterson, QRVI COO. "We are now ready to offer the same economies of scale that help make our affiliates profitable to more restaurant groups ready to reach their next plateau of growth." QRVI offers marketing, purchasing, franchising, real estate and infrastructure services, such as legal and accounting functions, to its network of franchise affiliates. "The magic in our formula is just like Wal-Mart's. The more goods you buy, the less you pay per piece for them."
QRVI's strategic tactics for increasing affiliates include:
1. Broader distribution of corporate press materials in key markets the company already serves.
2. An expanded section on the QRVI website addressing the advantages of being a QRVI affiliate.
3. Increased solicitation through industry and legal affiliations for select acquisition/affiliate targets.
Acquisitions and franchise growth in 2003-2004 increased QRVI's system- wide sales by more than 250% last year and have logged a 22+% increase for the first quarter of 2005.
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07/28 Quality Restaurant Ventures Posts Significant System-Wide Sales Increase For 2004 HEATHROW, Fla., July 28 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) today released a financial review showing that during 2004, QRVI had a 269%+ increase in system-wide sales compared to sales made in 2003. This report is the first announcement revealing the financial impact of investments QRVI made last year in two fast-growing, regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG - News).
The report shows that in 2003, QRVI's system-wide sales were $4,677,502 compared with $12,599,913 for 2004. While the majority of the 2004 increase can be attributed to the company's new affiliations, Sobik's Sub Shops posted a sales increase of $207,803 which is 4%+ gain in system-wide sales for 2003.
Significant increases in system-wide sales continue to enable QRVI to enhance its operational efficiency, and ultimately the company's profitability. QRVI now provides marketing, purchasing, real estate and infra- structure services for over 70 franchisee affiliates. Each QRVI restaurant concept also has a number of new franchises in construction or under contract.
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07/22 Substantial First Quarter Sales Gains Place QRVI on Track for Record Year HEATHROW, Fla., July 22 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures (OTC Pink Sheets: QRVI - News) today released a statement showing that system-wide sales for the first quarter of 2005 have increased 22+% over the same period of 2004. If the trend is continued, QRVI's annualized system-wide sales should be on track to exceed $17 million.
For the first quarter of 2005, QRVI's system-wide sales were $4,444,513 compared with $3,630,120 for 2004. Quality's investments last year in two fast-growing regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG - News), along with unit growth in its flagship brand, Sobik's Sub Shops, have boosted the company's system-sales figures and strengthened operations over the past 18 months.
"Quality reached a new plateau last year," said Dan Patterson, QRVI COO. "We've now refined our organization to accommodate the higher volumes, and all around, QRVI is much better prepared to continue our mission of growing the company further."
Posts: 655 | From: Louisville,Ky | Registered: Dec 2005
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Thanks ShortTermMemory, I have it on my radar now. I look to buy in on a dip back to .0005/.0006. Posts: 1638 | From: Up North | Registered: Jan 2006
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seems to get quite some attention on other boards as well (RB, HSM)..so there might be a gapper coming..long ovedue IMO! Fundamentally speaking, a profitable micro-penny with real revenues of more than $ 10mio is almost unheard of. No major dilution - so it seems!
Posts: 213 | Registered: Oct 2005
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