Exchange: NASDAQ·Updated 04:31 PM EST
RMCF logo

RMCF Rocky Mountain Chocolate Factory Inc

$0.80
$0.0083
(1.01%)
Today
Closed $0.81
$0.01
(1.24%)
After Hours
EarningsJan 12
Mkt Cap$7.86M
Vol18,097.00

About RMCF

Rocky Mountain Chocolate Factory, Inc. operates as an international franchiser of chocolate and confection stores. Its products include milk chocolate, dark chocolate, boxed chocolate, truffles, caramels, and gourmet caramel apples. The firm operates through the following segments: Franchising, Manufacturing, Retail Stores, and Unallocated. The company was founded in 1981 and is headquartered in Durango, CO.
50

Neutral Sentiment

How do you feel about RMCF?

CantNameThatTune
$RMCF The PR was carefully crafted to give evidence that management has received two, and likely three, offers to either license, get bought out, or merge privately. The recent financing would indicate they are all in final line up. Yesterday's news on top of news was the CEO saying, "Last chance. Bidding is now closed. We'll have our decision shortly."
2
CantNameThatTune
$RMCF This will be interesting how this plays out. What is your avg volume now like 30K 50K a day? Well, any time a company plans to acquire they send a proxy in to start buying the stock; anywhere from 10%-30%. They do so up to 7 days before the actual announcement for the shares they will acquire the company at double or triple the price. Net, net lower overall cost of new ownership.
CantNameThatTune
$RMCF Tomorrow they announce earnings AMC. CC at 5 PM. Our first chance to speak to management since announcing they had received "Offers." They have a fiduciary responsibility to shareholders to give us an up to the minute progress report. Earnings are 3 months ago. Cleaning up debt and balance sheets and enertaining "offers" is now. Report the now.

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