Citation :
Yes. Eric, do me a favor. Can you stop taking questions from your guy [ Alex Hardman ]? I mean I think the guy's got COVID or he's got -- on hallucinogens because I don't know what math he's doing to have a free cash flow yield lower than 10%. I just bridged you to $8 a share of free cash flow. That doesn't include any new Bombshells openings or any incremental M&A. I think it's highly likely that your free cash flow is higher than $8 a share. And last time I checked, the stock was $46 last. So if I open up my TI-83 and I do 8 divided by 46, it's about a 17% free cash flow yield. So I don't know what he's smoking.
I mean remember -- I mean I think we've talked about it. I mean remember what -- they even freaking made a movie about it with J.Lo. In '07, pre-Lehman Brothers, I mean there were strippers in New York making $1 million a year. I mean, look, they made a freaking movie about this. I mean, I believe that when we get out of this thing, you're going to see -- with capacity restraints taken down, you're going to have -- you can see the whole -- I -- my $100 million of EBITDA is predicated on a 10% stacked comp. What if it's 50%? What if it's 100%? I mean the problem with this is you get people -- idiots on the conference call basically saying you're trading at lower than a 10% free cash flow yield. I mean I literally want to hang up the phone and jump out my window. I'm...
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Last time I checked, the stock market looks forward. Remember, you had Bombshells making no profit, okay? We know that Bombshells are making a ton of profit. Guess what? Share count is lower. Interest expense is lower. G&A and marketing is lower. You don't have the SEC. You don't have the accounting. I mean, how do you -- I mean it's like saying google made $1 a share 2 years ago, and now it's making $10. You want to do the $1 a share? Or do you want to do $10? I mean it's literally I want to hang up the phone, I'm so angry.
Maybe that's the opportunity, and maybe that's why the stock is still trading at $47. But I think the better answer is, is that we need to get people to actually peel back the onion and do math. I mean I went to Wharton and Columbia Business School, but this is fifth grade math, okay? You don't have to go to Wharton and Columbia Business School to do the math, right? You have fixed costs. You own the real estate. You have really, really high incrementals on the nightclubs, right? Franchises are 100% margin, right? Like, it's not rocket science.
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