The Q3 earnings reveals why the share price didnt jump on the volume spike. Apparently, warrants at high strike prices got re-priced at $2, and about 180k were converted. That explains.

Further, revenue was even higher than expected. Also, the debt repayments are postponed to 2015, that's positive. Key thing now is that they need to report a profit within 6 months.

Despite a 15X volume, share price stayed flat. Apparently, a big seller got out, but I don't know who that might be. I asked the CEO, he didn't know it either. So that delayed the increase, and yes I believe it just needs some more time. Earnings are on 14th, and I'm holding. Thank you for the feedback.

Thank you for reading my analysis. The growth in revenue stems for the SEC filings. They are executing an aggressive growth strategy, in which they can switch to profitability any time now. It's about the economies of scale in the restaurant business. They have a line of credit, and the CEO is heavily invested himself. The key is that they now need to make sure they keep growing while generating a net cash inflow. It will be a home-run if they do. It's all about the risk vs. reward at the end.

Great you like this stock too. I'd say within 12 months, if management keeps executing and the company becomes profitable. The combination of a net profit and fast revenue growth should warrant a price/sales multiple of at least 2, equating to a $10 target.