On February 24, 2023, BT Brands Inc announced that it has issued an amendment to its filing on November 28, 2022, stating that it intends to seek to obtain information from the Noble Roman's Inc as provided under Indiana law, including information regarding the critical audit matter communicated to the board of directors and seeking information, we expect to pursue the removal of the staggered board provision of the Company's bylaws and to put forth one or more nominees for election to the Issuer's board of directors. In addition, BT Brands stated that reviewing the Company's periodic reports filed with the Securities and Exchange Commission, it is observed that the Company had obtained loans from third parties at high-interest rates, believes the Company could achieve profitability if it refinanced existing debt and made other reasonable modifications to its business, operations and BT Brands believes that the common stock's market price will benefit from refinancing and modifications, benefiting all of the Company's shareholders.