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Spicy Pickle (SPKL) announces 10 store development in Michigan! PDF Print E-mail
spkl,spicy pickle,stockumentary
ORIGINAL ALERT INFO :
ALERT DATE & PRICE: SEP 21, 2007 / $.69
ALERT EMAIL: CLICK HERE
CURRENT PRICE:
$1.29
CURRENT % ROI: +87%
COMPANY CONTACT INFO:
Spicy Pickle Franchising Inc.
B90 Madison St., Suite 700
Denver, CO 80206
Phone: (800) 711-1902
Fax: (303) 297-1903
Email: This email address is being protected from spam bots, you need Javascript enabled to view it
Web: www.spicypickle.com
INVESTOR RELATIONS INFO:
Spicy Pickle
Phone: (800) 711-1902
In my last email, I said that the investors who sold this past Friday were going to be sorry, because the company put out such good news after the close.

Well today the company just hit it out of the park by putting out another impressive news release right after the close. Spicy announced they signed a 10 store development in Michigan!

If you were ever questioning the validity of Spicy Pickles business plan, you can put all that aside now because this company is as real as it gets.

spkl,spicy pickle, michigan franchiseThis new package deal puts them at a total number of franchises the Company has sold to 105. The company is steam rolling through the industry right now and we are fortunate enough to know about it now versus later.

Even as the overall market was taking a drubbing today, Spicy was able to close at the high of the day. Spicy closed up 16.22% to $1.29 and traded over $600K worth of stock. With the news that came out today, we should see a bunch of investors who have been sitting on the sidelines, become proactive and open up some long positions.

If the stock doesn’t respond positively tomorrow, it won't be because the company is not executing with their business plan, it will be from overall market sentiment. If the stock does have a sell-off, it just creates another buying opportunity for all of us long-term shareholders.

Really take a look at the other emerging growth companies available to us on the OTCBB market and compare them with Spicy. Just the growth in the past few months is enough to put them at the top of every emerging growth investors list.

Do I feel Spicy is a buyout candidate?

Without a doubt! I can see this company being acquired in the next few years at a much higher price than what is currently offered to us.

This is just one of those stocks that you buy and put away and check it a few years later.

Below you can find the press release that was put out today:

----------------------------------------------------------

Spicy Pickle Announces New 10 Store Franchise Agreement in Michigan. New Franchise Sales Take Spicy Pickle(R) Past the 100 Store Mark.
DENVER, CO, Dec 17, 2007


Spicy Pickle(R) fast casual restaurants (OTCBB: SPKL) today announced the sale of a multi unit restaurant development to a new franchise developer in Michigan, increasing the total number of franchises the Company has sold to 105.

A new franchisee with extensive restaurant experience has entered into a franchise and development agreement to open the first Spicy Pickle(R) Restaurants in western Michigan. Terry and Jean Henderson and Tiffany Cornelius will be the principals in the new development. These new franchisees have extensive experience as they have developed for Little Caesars Pizza, Big Apple Bagels & Qdoba Mexican Grill in the past. The development includes Kalamazoo, Grand Rapids, Ann Arbor, Lansing and E. Lansing, and calls for a total of 10 Spicy Pickle(R) Restaurants over the next several years.

Marc Geman, CEO of Spicy Pickle(R) Franchising, Inc., commented: "We are thrilled to have our first franchisee in the state of Michigan. The state of Michigan can support a significant number of stores, and having our first location could act as a springboard to additional franchisees and help us penetrate other regions within the state, particularly in the eastern part in and around Detroit."

Mr. Geman further commented, "Much like our very successful Boulder, Colorado and Austin, Texas locations, the Ann Arbor and E. Lansing areas offer a similar demographic with a high concentration of University, Medical, and Research facilities. There is also a similar concentration in Kalamazoo at Western Michigan University. This also marks the 16th state in which there will be a Spicy Pickle(R) Restaurant. The addition of this franchisee with their highly capable staff already in place will help keep up the momentum we have established for restaurant openings. Our real estate department has already begun a demographic study in cooperation with the franchisee to find the first location."
 


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