Bullboard - Stock Discussion Forum Freshii Inc - Class A (Sub Voting) FRHHF

Consumer Cyclical Restaurants

Freshii Inc is a company that engages in the development, franchising, and operation of quick-serve restaurants throughout the world with the majority of its locations in Canada and the United States of America. Its products include a menu of salads, burritos, wraps, rice bowls, yoghurts, breakfast and soups made with fresh ingredients. It operates through the Franchise Store and Company-Owned... see more

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OTCPK:FRHHF - Post Discussion

Freshii Inc - Class A (Sub Voting) > CFO Resigns

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Post by brvalentine on Apr 29, 2019 10:13am

CFO Resigns

I wonder how much Craig De Pratto made off the IPO?

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Comment by Fishingbuddy on Apr 29, 2019 7:21pm

I guarantee he did better off this stock then you and I have done. Although I think this company needs a good shake up. Nothing is getting this stock moving. Deal with Air Canada ...nope Deal with shell...nope Deal with Walmart...nope I bet they are loving how cheap they can buy back the shares that they sold for $12. Does any one what what is happening to the shares are they being destroyed so in ...more

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Comment by akreskin on Apr 29, 2019 11:42pm

shares bought back are retired which reduces outstanding share count and increases the earnings per share and return for the remaining shareholders. ie when share price is very low, buy back can be very beneficial and a good use of funds.

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Comment by Fishingbuddy on Apr 30, 2019 3:35pm

Thank you for your response. I thought the shares were retired but I wasn't sure if that was always the case. Let's hope it makes a difference when the quarterly numbers are released next week. This stock could sure use a boost.

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