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Diversified Investments

I assume you are referring to the company "Diversified Restaurant Holdings, Inc." (SAUTHEREASTERN FOODS GROUP, INC. until Aug 2015) that is traded on NASDAQ stock exchange with the stock symbol "SAUT." I cannot find any company listed as "bsoi" on any major US stock exchange.

"Diversified Restaurant Holdings, Inc." is a restaurant company that operates and franchises BURGER KINGĀ® restaurants and owns the exclusive rights to own and operate BURGER KINGĀ® restaurants in the state of Florida, along with contiguous counties in Georgia and Alabama, and in the state of Michigan. As of December 31, 2019, the company operated 63 Burger King restaurants and franchised an additional 97 Burger King restaurants.

Regarding the company's financials, the company reported a net loss of $10.5 million in 2019, compared to a net loss of $3.3 million in 2018. The decline in net income was mainly due to the impairment charge of goodwill and intangible assets, as well as the decline in revenue due to the COVID-19 pandemic in the second half of 2020.

The company had revenue of $212.1 million in 2019, down from $233.4 million in 2018, a decrease of 8.7%. As of December 31, 2019, the company had $4.1 million in cash and cash equivalents and $95.9 million in total current liabilities.

While the company's financials have been affected by the COVID-19 pandemic and the impairment charge in 2019, it is still the largest Burger King franchisee in the US and has a solid long-term growth potential in the restaurant industry. However, investors should carefully analyze the company's financials and market conditions before making investment decisions.

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