UFood Restaurant Group, Inc. (OTC:UFFC) is an operator of fast-casual food restaurants and a franchiser. Yesterday, we received several promotional letters regarding UFFC.
The stock of UFFC isn’t very liquid, but it has had some significant moves, and it can generate volume. On Friday, UFFC closed down 9.09% at $0.10 with approximately 19 thousand shares traded.[BANNER]
The promoters disclosed a $5 thousand compensation for two days of service. This is not an impressive amount as compensations go, but it could still attract some interest.
The promoters state that UFFC operates in a very profitable sector that has been seeing great growth in recent years, which gives the company opportunities for growth. While this may be true, UFFC hasn’t made any significant progress according to its reports.
The company is operating at significant loss. However, recent press releases suggest UFFC is planning to expand its business which could help the company turn profitable at some point in the future.
It may be too early to say where UFFC is going in the long run, but the promotions could provide an opportunity for profit to those who know how to play the situation; provided, of course, it manages to affect the market.
