Quick Update About The Brazil Fast Food Going Private Offer

I have been in contact with several other BOBS investors thus far. Not including some people who have at this point not wanted to disclose how many of its shares they own, the people I have been in contact with own around $10 million in total worth of BOBS shares at the $15.50 offer price.  At this point nothing is concrete as far as I know but I will keep you all in the loop about the plans to push for a better offer if and when we get to that point.

Again, if you are a BOBS shareholder I would love to hear from you and maybe if we get enough capital together we can push for a much higher and more realistic offer price for the company.

For why I think the going private offer is ridiculously low, please read my post here.