ItsAValueTrap Posted April 2, 2014 Share Posted April 2, 2014 I have no idea what is keeping the stock afloat, because the financials get uglier every year and the number of shares outstanding is ballooning! Maybe the investor relations firm(s) they hired did a good job? Or just look at their 10-K. Legal fees $ 462,491 $ 218,562 Payroll and benefits 990,580 737,339 Consulting and investor relation fees 1,678,231 534,855 Travel and entertainment 211,442 173,333 Other professional fees 269,100 276,200 Shareholder services and fees 87,943 119,565 Other G&A 533,842 249,551 They spent a lot of money on investor relations. That probably explains why the stock is still afloat and why shares outstanding is ballooning. They also spent a lot of money on travel and entertainment. Did any of you read the entire 10-K? (I sure as hell didn't.) Link to comment Share on other sites More sharing options...
OracleofCarolina Posted April 2, 2014 Share Posted April 2, 2014 It's hard to try and even keep up with all the shares and warrants issued.....it's also kind of amazing that they own a little bit of HOPS, and that stock seems to be richly valued. Their cost is $1,500 and that little sliver is worth around $60,000. I have read that they make great beer and Pruitt will sell in his restaurants but folks really must think this thing is really going to take off. Link to comment Share on other sites More sharing options...
OracleofCarolina Posted January 7, 2015 Share Posted January 7, 2015 Looks like Mike was able to unwind one of the deals he made back in late 2013..seems like HOTR got all the shares and warrants back from the deal and Spoon keeps the restaurant. On December 31, 2014, Chanticleer Holdings, Inc., a Delaware corporation (“HOTR”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) by and between its wholly owned subsidiary Dallas Spoon, LLC, a Texas limited liability company (“Spoon”) and Express Working Capital, LLC d/b/a CapRock Services (“CRS”). The Asset Purchase Agreement was executed in conjunction with HOTR’s decision to close the Spoon Bar & Kitchen restaurant located in Dallas, Texas (the “Restaurant”). Pursuant to the terms of the Asset Purchase Agreement, Spoon assigned and transferred all of the tangible and intangible assets of Spoon used in the operations of the Restaurant to CRS. In consideration for such assets, CRS assigned and transferred one hundred eighty five thousand shares of HOTR common stock and common stock purchase warrants to purchase one hundred ninety five thousand shares of HOTR common stock to HOTR. Link to comment Share on other sites More sharing options...
rkbabang Posted February 19, 2015 Share Posted February 19, 2015 They released the details of their rights offering. 1 right to purchase a share at $2 for every share you own on Feb 20th. http://ir.stockpr.com/chanticleerholdings/company-news/detail/1014 I wasn't going to participate, because I don't want to put anymore into this company, but I just sold half of my shares today at $2.25, so I can buy them back at $2 though the offering. Maybe I'll try to oversubscribe to end up with a few more shares than I had. Link to comment Share on other sites More sharing options...
OracleofCarolina Posted April 21, 2015 Share Posted April 21, 2015 Got some checks for the Chanticleer settlement ...forgot all about that lawsuit Link to comment Share on other sites More sharing options...
gfp Posted January 2, 2018 Share Posted January 2, 2018 Haven't checked in on these guys in a while. Saw this today, LOL - https://www.cnbc.com/2018/01/02/chanticleer-to-use-blockchain-for-its-rewards-program.html Link to comment Share on other sites More sharing options...
rkbabang Posted January 2, 2018 Share Posted January 2, 2018 Haven't checked in on these guys in a while. Saw this today, LOL - https://www.cnbc.com/2018/01/02/chanticleer-to-use-blockchain-for-its-rewards-program.html Ha, Pruitt is such a shameless scammer. If anyone still holds this today is a good opportunity to sell. Link to comment Share on other sites More sharing options...
KFRCanuk Posted January 2, 2018 Share Posted January 2, 2018 https://gizmodo.com/hooters-whispers-blockchain-and-its-parent-company-s-1821706292#_ga=2.236159297.1107013660.1514837146-262461345.1416941115 Link to comment Share on other sites More sharing options...
Parsad Posted January 2, 2018 Author Share Posted January 2, 2018 We're planning on using blockchain technology for all memberships going forward, putting it in a shell company, IPO and then all members will receive part of the IPO. Your $29.99 fee will be worth $299,999 after the IPO, and then we'll be making a huge investment into Bitcoin and Eretheum with the IPO funds...we expect the $299,999 to be worth $29,999,999 by mid-2019 at the latest. The new company will be relaunched under the ticker symbol COBF later this year on the Nasdaq...our investors will love the new name..."Corner of Bum Fuc...!" Blockchain will change things, but the outcome for cryptocurrency buyers...1999 all over again! Cheers! Link to comment Share on other sites More sharing options...
Jurgis Posted January 2, 2018 Share Posted January 2, 2018 We're planning on using blockchain technology for all memberships going forward, putting it in a shell company, IPO and then all members will receive part of the IPO. Your $29.99 fee will be worth $299,999 after the IPO, and then we'll be making a huge investment into Bitcoin and Eretheum with the IPO funds...we expect the $299,999 to be worth $29,999,999 by mid-2019 at the latest. The new company will be relaunched under the ticker symbol COBF later this year on the Nasdaq...our investors will love the new name..."Corner of Bum Fuc...!" Blockchain will change things, but the outcome for cryptocurrency buyers...1999 all over again! Cheers! Way to go Sanjeev! http://i2.wp.com/cryptorials.io/wp-content/uploads/2015/08/shut-up-and-take-my-bitcoin.jpg Link to comment Share on other sites More sharing options...
rkbabang Posted January 2, 2018 Share Posted January 2, 2018 We're planning on using blockchain technology for all memberships going forward, putting it in a shell company, IPO and then all members will receive part of the IPO. Your $29.99 fee will be worth $299,999 after the IPO, and then we'll be making a huge investment into Bitcoin and Eretheum with the IPO funds...we expect the $299,999 to be worth $29,999,999 by mid-2019 at the latest. The new company will be relaunched under the ticker symbol COBF later this year on the Nasdaq...our investors will love the new name..."Corner of Bum Fuc...!" Blockchain will change things, but the outcome for cryptocurrency buyers...1999 all over again! Cheers! Any chance you can have PDH buy $100 in Bitcoin and then change the name to Premiere Diversified Blockchain Holdings? Maybe change the ticker symbol to BCHAIN or something? Link to comment Share on other sites More sharing options...
rkbabang Posted June 19, 2019 Share Posted June 19, 2019 I just had what looks like some type of warrant or rights offering deposited into my account today that I was certainly not expecting. Fidelity describes it as: 159RGT018 CHANTICLEER HOLDINGS INC RTS EXP 06/24/2019 19,932 CHANTICLEER HOLDINGS INC This press release seems to describe what they are, but I haven't owned Chanticleer in years and I the only warrants I held expired worthless in 2016. I haven't even looked at this company in a long time. I wonder why I got almost 20K of these? They are priced at $1 which is what the stock is trading at, so I don't see any advantage to exercising them. Weird. Link to comment Share on other sites More sharing options...
lschmidt Posted June 19, 2019 Share Posted June 19, 2019 Yes, I'm in the same boat. Looks like they are giving us a rights offering, 3 warrants for each of one of one of the previous warrants held. Here's a press release: https://www.globenewswire.com/news-release/2019/06/10/1866282/0/en/Chanticleer-Holdings-Announces-Pricing-for-Rights-Offering.html I don't have an opinion on this and haven't received a prospectus. I'm negatively inclined given the team's history of poor value creation. Link to comment Share on other sites More sharing options...
OracleofCarolina Posted October 17, 2019 Share Posted October 17, 2019 no position in this company currently, but interesting development https://ir.chanticleerholdings.com/press-releases/detail/1317/chanticleer-holdings-announces-merger-agreement-with-sonnet Link to comment Share on other sites More sharing options...
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