Risk Factors.
−Removed: were no material changes to the risk factors disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended
−Removed: September 30, 2020, except for such risks and uncertainties that may result from the additional disclosure in the “Legal
−Removed: Matters” section within Note 10 of the unaudited condensed consolidated financial statements within this Quarterly Report
−Removed: on Form 10-Q, which information is incorporated herein by reference, as well as such risks and uncertainties associated with franchising
−Removed: operations, as disclosed below.
−Removed: The risks described in the Annual Report on Form 10-K and in this Form 10-Q are not the only risks
−Removed: the Company faces.
−Removed: Additional risks and uncertainties not currently known to the Company, or that the Company deems to be immaterial,
−Removed: also may have a material adverse impact on the Company’s business, financial condition or results of operations.
+Added: were no material changes to the risk factors disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended September
+Added: 30, 2020, except for such risks and uncertainties that may result from the additional disclosure in the “Legal Matters” section
+Added: within Note 10 of the unaudited condensed consolidated financial statements within this Quarterly Report on Form 10-Q, which information
+Added: is incorporated herein by reference, as well as such risks and uncertainties associated with franchising operations, as disclosed below.
+Added: The risks described in the Annual Report on Form 10-K and in this Form 10-Q are not the only risks the Company faces.
+Added: Additional risks
+Added: and uncertainties not currently known to the Company, or that the Company deems to be immaterial, also may have a material adverse impact
+Added: on the Company’s business, financial condition or results of operations.
face a variety of risks associated with doing business with franchisees and licensees .
have started franchising Bombshells.
−Removed: We believe that we have selected highly competent operating partners and franchisees with
−Removed: significant experience in restaurant operations, and we are providing them training and support on the Bombshells brand.
−Removed: the probability of opening, ultimate success and quality of any franchise or licensed restaurant rests principally with the franchisee.
−Removed: If the franchisee does not successfully open and operate its restaurants in a manner consistent with our standards, or if guests
−Removed: have negative experiences due to issues with food quality or operational execution, our brand values could suffer, which could
−Removed: have an adverse impact on our business.
+Added: We believe that we have selected highly competent operating partners and franchisees with significant
+Added: experience in restaurant operations, and we are providing them training and support on the Bombshells brand.
+Added: However, the probability
+Added: of opening, ultimate success and quality of any franchise or licensed restaurant rests principally with the franchisee.
+Added: If the franchisee
+Added: does not successfully open and operate its restaurants in a manner consistent with our standards, or if guests have negative experiences
+Added: due to issues with food quality or operational execution, our brand values could suffer, which could have an adverse impact on our business.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.