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SPoT Coffee (Canada) Ltd V.SPP

Alternate Symbol(s):  SCFFF

Consumer Cyclical Restaurants
SPoT Coffee (Canada) Ltd. (SPoT) is a Canada-based company, which designs, builds and operates community-oriented cafes. SPoT operates Company-owned cafes in Canada and the United States. The Company has a total of approximately 25 cafes operating, in development or under construction in the states of New York and Connecticut, including seven corporate-owned cafes located in Buffalo, Rochester, Saratoga Springs, Elmwood, Glens Falls, Orchard Park and North Tonawanda, 11 Operating Franchise cafes Kenmore, Hertel, West Hartford, Hamburg, Roswell Park, Clarence, Williamsville, Waterfront Village, Amherst, West Seneca, Niagara Falls and five SPoT Tops cafe locations, two Express cafes operating under license to Chartwells at the Buffalo State College. Its wholly owned subsidiaries include SPoT Coffee International Inc., SPoT Coffee Buffalo Inc., SPoT Coffee Transit Inc., Valshire SPoT Inc., SPoT Tonawanda, LLC and SPoT Orchard Park, LLC.


TSXV:SPP - Post by User

SPoT Coffee (Canada) Ltd > Worthless company really.
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Comment by goldfanaticon Jan 16, 2021 12:45pm
314 Views
Post# 32313458

RE:RE:Worthless company really.

RE:RE:Worthless company really.Are you saying that financial statements don't tell the story? Good luck with that train of thought.

Say, you wouldn't happen to be John Michael Lorenzo by any chance?

Careful reading of the financial statements over time show how inept management has indebted the company to the point that it will be impossible to meet their obligations, all while pulling down nice salaries and "consulting fees". LOL
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