LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

RE:RE:The New Jersey Deal

[Goldbuggy1]

mercatos wrote: Goldbuddy, lets not forget that it was not only the purchase of the two stores that make the numbers work be we also secured a successfull operator that will be very key in opening the other two stores nearby.  This really leverages the deal.

Cheers

Maybe, but to be honest I am not sure this will apply as much with the other new stores, which will be opened in mid summer, as they are in 3 different states. Different States comes with different Liquor Laws and Taxes. For example I don't think you could legally transfer alcohol from one state to another without a special license to do so. No more than you can from BC to Alberta. Where our Leverage will come in I think will be by having a big bank role and perhaps volume buying or making special deals with the Distilleries. Perhaps in that case you may be able to include all 3 states? But we do have people now looking after or stores in Kentucky and Alaska to, putting us in 5 states, so maybe from there they can cut some corners and some deals.