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IMVESCOR RESTAURANT GROUP INC. T.IRG

"Imvescor Restaurant Group Inc is a franchise business that operates restaurants under the brand names of Pizza Delight, Toujours Mikes, Scores, Bâton Rouge and Ben and Florentine and licenses the right to manufacture and sell prepared food products."


TSX:IRG - Post by User

Comment by Finantialon Apr 16, 2012 2:51pm
253 Views
Post# 19799638

RE: Q1 results are out

RE: Q1 results are out

1 restaurant closed and 2 renovated.  There are breaking even, but seem to be making lots of cash. They have 10 mil in cash which is 0.24$ per share and they have made 4 mil in cash in Q1 which is 0.10$ per share.

My question is why the legal settlement, is it the process or coming from another source?

Marcel

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