3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

FCCN.OB > Is now > FCCN.PK

Started by nutsterrt, June 29, 2005, 12:14:41 PM

Previous topic - Next topic

stocky


Ramsburg

Frederick Ramsburg
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

Ramsburg

Franchise Capital Corporation Announces Agreement for Five Kokopelli Franchises in the Greater Portland Market
Business Wire - August 03, 2005 10:48

SCOTTSDALE, Ariz., Aug 03, 2005 (BUSINESS WIRE) -- Franchise Capital Corporation (OTCBB:FCCN) today announced that Kokopelli Franchise Company has entered into a franchise development agreement with an Oregon-based developer/operator to open a total of five Kokopelli Sonoran Grills in the Greater Portland Market. There will be four restaurants opening in and around Portland, as well as one in Vancouver, Wash., just across the Columbia River. The first Kokopelli Sonoran Grill will open in Downtown Portland by the end of 2006, with the additional 4 opening by 2008.

Kokopelli was founded in Phoenix in 1997 and differentiates itself from other fast-casual chains by serving authentic, hand-blended Sonoran spices, beans slow cooked everyday, never refried and tortillas steamed to order. All food is served to its customers "platter" style on hard plates with flatware. Additionally, Kokopelli serves menu items found in full service Mexican restaurants such as Grilled Salmon with Mango Salsa, Sonoran Garlic Steak, Grilled Chicken Sedona, Margarita Shrimp, beer, wine and frozen margaritas.

Kokopelli offers made-to-order big burritos, tacos, fajitas and other Sonoran favorites, also available vegetarian style, using only the freshest ingredients, using no preservatives, additives or conditioners on a dine-in and take-out service in high volume retail centers and other high traffic commercial locations throughout the United States.

About Franchise Capital Corporation:

Franchise Capital Corporation is a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940. The company currently has five operating, synergistic investments holdings: Kokopelli's Mexican Grill Franchise Company, LLC; Cousin Vinnie's Franchise Company, LLC; Kirby Foo's Asian Grill Franchise Company, LLC; Comstock Jake's Franchise Company, LLC; and Fathom Business Systems, Inc., all of which are engaged in business related to restaurant franchise development.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company's report on Form 10-KSB for fiscal year 2004 filed with the Securities and Exchange Commission.

SOURCE: Franchise Capital Corporation

Gemini Financial Communications
A. Beyer, 951-587-8072

Copyright Business Wire 2005
Frederick Ramsburg
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

setravis

My thought is ,that you deserve some of the Glory on this pick.
I remember now reading this post.
I applaud you for an early notice put out on this stock.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

yuyjust

I remembered too.. so let me applaud you for being super early on the pick which work out real well. I'm still holding from $0.012.  >:D

Gurukul

Ramsburg FCCN has been your baby. Whats the next resistance and can it make back to .08 in short term. I am in at 0.75.

Ramsburg

#201
Quote from: Gurukul on August 03, 2005, 06:47:26 PM
Ramsburg FCCN has been your baby. Whats the next resistance and can it make back to .08 in short term. I am in at 0.75.

Hi Gurukul !

I see .073 as the first resistance level, followed by .080 which is the high of the move.
It's a bit difficult to predict the short term future of FCCN, but the last correction periods were mostly 2 days only, today's session was made with increasing volume and let me remind you that during this period we never left the inside zone of 29/Jul/05's candle... So I see the chart in general wanting to go up ;)

Although, taking your entry price as an input, you should probably follow some kind of trading plan like David is using on his position (3 Pennies on fire). As you can imagine, my entry price (0.013/0.015 and already with profit taking, riding on free shares) makes me use a kind of strategy that can't be used on your entry price.

I may be wrong, but I'm looking to (MUCH) higher prices on the mid-term before exiting this position.

(sorry for my terrible english  :P)

best regards !
Frederick Ramsburg
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

shaker340

Hopefully, this will begin to go north, I need a win soon ;D

OhadOnFire

Another bad day for FCCN :o - anyone still in?

basonista

What support levels do people see on the downside for FCCN?

Ramsburg


I still have some shares here...

I'll use a stop on the rest of the position @ 0.035

best regards
Frederick Ramsburg
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

AussieTrader

A close below $0.04 will be my exit. It is still above my weekly breakout chart, but only just.
A stock can keep on falling on low volume and this pullback is low volume (compared to the upturn).
AussieTrader
www.3stocksonfire.org

Try our Premium Service or just Register a FREE Account

phabrux

#207
FCCN is worth keeping it on the radar,

could rebound soon!


Correction!  the support MA(50) is at 0.026 and not at 0.03 like wrote on the graph

The ascending line stay at 0.025 for Monday IMHO!

atalltexan

Beginning to trek higher again.  May reenter.

fill_the_gap

I called and spoke with Management.  They have sold 73 so far.
And people have to buy a MINIMUM of 5 Kokopelli's !
Now they get near double the fee and 6% of Revenue per Franchise.

Huge News For the Valuation.

Easy Buy.  ;D

Press Release Source: Franchise Capital Corporation


Franchise Capital Corporation Increases its Investment in Kokopelli Franchise Company to 90%
Tuesday August 30, 8:30 am ET


SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 30, 2005--Franchise Capital Corporation (OTCBB:FCCN - News) is very pleased to announce they have increased their holdings in Kokopelli Franchise Company, LLC (Kokopelli) by 40%. Franchise Capital Corporation now holds a total of 90% of Kokopelli.
ADVERTISEMENT


In April of this year the Board of Directors voted to increase its holdings in Kokopelli through an offer of $250,000 to the other 50% holder of Kokopelli. Contingent upon the closing Franchise Capital sold 10% of their holdings to a franchisee in Phoenix for $50,000 which in turn was used as the down payment. As per the sales agreement the remaining $200,000 will be paid quarterly over three years.

Edward C. Heisler, Franchise Capital Corporation President and CEO stated, "Over the past few months we have worked very hard to complete this goal. Increasing our holdings in Kokopelli is a huge accomplishment for Franchise Capital and its shareholders. Kokopelli is already the most valuable company in our portfolio. It's awesome that we have increased those holdings to 90%. At the current rate of franchise sales I feel confident our portfolio will only continue to grow in value."

About Franchise Capital Corporation:

Franchise Capital Corporation is a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940. The company currently has five operating, synergistic investments holdings: Kokopelli's Mexican Grill Franchise Company, LLC; Cousin Vinnie's Franchise Company, LLC; Kirby Foo's Asian Grill Franchise Company, LLC; Comstock Jake's Franchise Company, LLC; and Fathom Business Systems, Inc., all of which are engaged in business related to restaurant franchise development.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company's report on Form 10-KSB for fiscal year 2004 filed with the Securities and Exchange Commission.



--------------------------------------------------------------------------------
Contact:
     Franchise Capital Corporation
     Gary Reid, 866-475-7539



--------------------------------------------------------------------------------
Source: Franchise Capital Corporation


Just one opinion, do the research