UFood Restaurant Group, Inc. (OTC:UFFC) has been on the progressive move since last Friday. Yesterday, the stock gained 
another 7.14% for the day, and its traded volume substantially increased.
So far, so good, but it seems that UFood is determined to continue the up move for longer this time. And while waiting for the result, we can see the factors that might pump up the stock price even more.
Yesterday, the company announced that they have begun construction on their second of three UFood Grill locations at the Aberdeen Proving Ground military base in Maryland. If the news has been inspiring enough for investors, is still to be seen. Meanwhile, UFFC used another method to secure the gain – promotions.
This month, the stock has been promoted a few times already and the last campaign was held just yesterday. In this way, UFood has regularly supported its stock price, though the up move got shortly broken.
UFood Restaurant Group, Inc. operates fast-casual food service restaurants and nutritional product retail stores in the United States. Unfortunately, the company’s latest 10-Q was not satisfying at all.[BANNER]
As of October 2, 2011 liabilities of UFFC were higher than its total assets, and the net loss remained uncovered. At the same time, the stockholders’ equity turned into a negative value, and the accumulated deficit rose up.
Historically UFood have funded their operations, working capital requirements, acquisitions and capital expenditures with cash flow generated by operations and proceeds from the issuance of debt and equity securities. However, the losses got much higher than the revenues.
The management states that UFFC is currently in the process of trying to raise additional equity capital necessary to enable the company to meet its obligations. Though, even if UFFC obtains enough funds to implement its business plan, its profitability is not guaranteed.
