Obee's Franchise Systems Inc. Featured in 'Larry Oakley's' Editorial
11 February 2005 - 1:20AM
PR Newswire (US)
Obee's Franchise Systems Inc. Featured in 'Larry Oakley's'
Editorial PORT CHARLOTTE, Fla., Feb. 10 /PRNewswire-FirstCall/ --
Obee's(R) Franchise Systems, Inc. (OTC:OBFC) (BULLETIN BOARD: OBFC)
is featured in "Larry Oakley's Comment" editorial column at
http://www.wallstreetcorner.com/ , posted 02/10/2005. In the
editorial, Oakley concludes: "I like the fact that Obee's(R) menu
reflects today's healthy trends & has broad market appeal. Its
retail footprints are adaptable to stand-alone, shopping center,
& strip locations. I especially like its aggressive growth,
& its continuing tie with Ultimate Franchise Systems, Inc.
(OTC:UFSY) (BULLETIN BOARD: UFSY) , from which it was recently spun
off. UFSY's management wants OBFC to succeed -- it's good for a new
public company to have a strong sponsor." When Larry Oakley first
covered OBFC in his editorial posted 12/13/2004, it was trading at
$0.535 -- on 2/7/2005, it closed at $1.05 -- a gain of 96% in less
than two months. He says he feels "it has a lot further to go."
obees(R) soups salads & subs is a fast-casual, deli-style
restaurant featuring nutritious soups, salads and subs with an
emphasis on fresh-sliced meats and cheeses. There are currently 81
Obee's locations open with an additional 70-plus in various
development stages around the United States. The Company has
commitments to open an additional 1,300 stores over the next ten
years. Ultimate Franchise Systems, Inc. (OTC:UFSY) (BULLETIN BOARD:
UFSY) currently has investments in approximately 603 franchised
restaurants and 40 weight loss clinics in 30 states throughout the
United States. These brands include Gator's Dockside Restaurants,
Jreck Subs, Inc., Central Park Hamburgers, Li'l Dino's Deli and
Grille, Sobik's Subs (OTC Pink Sheets: QRVI), Famous Uncle Al's Hot
Dogs (OTC Pink Sheets: FFDG), Flamers Hamburgers, Westshore Pizza,
Obee's (OTC Pink Sheets: OBFC), Mountain Mike's Pizza, New York
Burrito, Juicy Lucy's and Beverly Hills Weight Loss (OTC:BHWW)
(BULLETIN BOARD: BHWW) and FransAction, Inc. (OTC Pink Sheets:
FCTN). About WallStreetCorner: Conservative Speculator newsletter,
published since 1987, WallStreetCorner, including its Special
Situation profiles, Conservative Speculator, and Larry Oakley's
"Stock Pick," "Opinion," "Comment," and "Bold Ventures" editorial
columns, is now regularly read by investors in 78 countries. This
press release may contain forward-looking information within the
meaning of Section 27A of the Securities Act of 1933 or Section 21E
of the Securities and Exchange Act of 1934 and is subject to the
safe harbor created by these sections. Ultimate Franchise Systems,
Inc., Obee's Franchise Systems, Inc. and Quality Restaurant
Ventures, Inc. assume no obligation to update the information
contained in this press release. Certain information included
herein may contain statements that are forward-looking, such as
statements relating to plans for future expansion and other
business development activities as well as operating costs, capital
spending, financial sources and the effects of competition. Such
forward-looking information is subject to changes and variations
which are not reasonably predictable and which could significantly
affect future results. Accordingly, such results may differ from
those expressed in any forward-looking statements made by or on
behalf of the Companies. CONTACT: Peter Brown of Obee's Franchise
Systems Inc., 941-625-1501, Web site: http://www.obees.com/
DATASOURCE: Obee's Franchise Systems, Inc. CONTACT: Peter Brown of
Obee's Franchise Systems Inc., +1-941-625-1501 Web site:
http://www.obees.com/ http://www.ufsi.net/
http://www.wallstreetcorner.com/
Copyright