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No assurance can be given that the Company's plan will avoid de-listing from the Nasdaq Stock Market. Statements made herein that are not historical facts are forward-looking statements.
Important factors that could cause the company's actual results to differ materially from those projected in, or inferred by, forward-looking statements are (but are not necessarily limited to) the following: the impact of increasing competition in the moderately priced, casual dining segment of the restaurant industry; changes in general economic conditions that impact consumer spending for restaurant occasions; weather and acts of nature that impact restaurant sales; adverse publicity; availability and cost of labor; governmental and regulatory problems that impact operations of restaurants such as health-code enforcement changes, land-use regulations and pollution controls; unforeseen events that increase the cost to develop and/or delay the development and opening of new restaurants and markets; the amount and rate of growth of general and administrative expenses associated with building a strengthened corporate infrastructure to support the development and operation of new restaurants; the availability, amount, type and cost of financing for the company and any changes to that financing; the revaluation of any of the company's assets (and related expenses); and any changes to tax rates.
Reference is made to the company's Annual Report on Form 10-K for the year ended Dec. 31, 1998, for a further discussion of these and other risk factors, and to Form 10-Q filed on May 12, 1999, Aug. 13, 1999, and Nov. 15, 1999.