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Wendy's Co V.WEN


Primary Symbol: WEN

The Wendy's Company is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving food. The Company operates through three segments. Wendys U.S. segment includes the operation and franchising of Wendys restaurants in the United States. Wendys International segment includes the operation and franchising of Wendys restaurants in countries and territories other than the United States. Global Real Estate & Development segment includes real estate activity for owned sites and sites leased from third parties. It has 6,030 restaurants in the United States, out of which 403 are operated by the Company and 5,627 are operated by a total of 212 franchisees. In addition, the Company also has 1,210 restaurants in 32 foreign countries and United States territories, out of which 1,198 are operated by a total of 106 franchisees and 12 are operated by the Company in the United Kingdom.


NDAQ:WEN - Post by User

Bullboard Posts
Comment by VWarrioron Mar 17, 2005 7:19pm
336 Views
Post# 8770966

RE: looks like we missed the boat on o/g

RE: looks like we missed the boat on o/gTwo wells??? The only well that has been reported is the Garrington 06-06 035-02W5, it has revenue for the second quarter of $374,072 compared to revenues of $338,192 for the same three-month period ended December 31, 2004. This "shell" continues to improve with time ...more cash in the bank... 105,024 shares just released from escrow ...(now only 45,011 shares left in escrow, and I'm sure that these will be free trading soon )and still only 2,640,733 shares outstanding ... The question is will management do a private placement down here (their cost per share appears to be well over a dollar as a result of the LTG reorganization in 1997 and private placement at .15, before 10 for 1 roll back to "WEN")or move the stock up closer to their cost and do a "gypsy swap" with friends and then invest the proceeds in a new private placement.??? For Hislop, it makes no sense to leave an asset like Warrior on the back burner for ever...our time will come...
Bullboard Posts