Owners Meeting

Had an owners meeting to discuss the findings today. We went over the store performance. We went through the management and operations. We discussed an additional capital call. Jiaqi said he is going to talk to his family and get back to us this week. The stores are all in good locations. The are all being managed well. Their ticket averages are high. The only thing that needs to happen with these locations is increased guest count. We sent the new marketing strategy draft via email.

Jiaqi asked for an agreement for the short term loan of additional capital. He asked for the December financials and marketing plan.

I talked to the lawyer about the agreement and sent him the notes. We discussed a way to do a short term loan. REQUESTED

I requested the Dec P&L again. REQUESTED

Marketing plan SENT

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