NUZA Company Profile.
It is an OTCBB company, and is for N.U. Pizza Holding Company,
OTC:BB: NUZA
NUZA closed, Friday, 05/05/2000, at 4 « cents, with the bid at 3 cents,
and the ask at 4 « cents.
News links (see comments below from my conversation with the President/CEO
of NU Pizza regarding PR's (or rather the lack of them) further in this
message):
finance.yahoo.com/q?s=nuza.OB
My only major concern I have with them, is that they are currently in
Chapter 11, reorganization.
Now, that is NOT the same as total bankruptcy. What it means is that the
court system is giving the company up to 2 years to pay their creditors.
Here from the latest 10QSB, is Mr. Rouse, the President and CEO of the
company's comments about this issue:
'PRESIDENT'S COMMENTS:
During this last quarter, the Company continued to be plagued by
non-performing obligations and creditors whose excessive demands were
consuming all of the Company's cash flow. In order to give the company an
opportunity to move forward, the company elected on February 4, 2000 to
file for reorganization and protection under Chapter 11 of the Federal
Bankruptcy Laws.
With the non-performing obligations and the old creditors on hold, the
company can now concentrate on developing a plan which will give it the
ability to meet its obligations while growing and experiencing positive
cash flow.
During the first month under the protection of the filing, the company has
been able to easily meet all of its obligations and is experiencing
positive cash flow.
We will now devote our time to a detailed plan to grow the company,
improve and expand our franchisee base and bring additional capital into
the company. For the first time since I have taken over as President of
the company, we are in a position to concentrate our energy on the issues
that need attention in
15
order for the company to prosper. Although it will take time, we are
confident that we will come out of this reorganization a stronger
competitor and a more viable company.
CAUTIONARY STATEMENT PURSUANT TO SAFE HARBOR PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995'
(for more on this subject, see the latest 10QSB)
-------------------------
Based on my conversations with Mr. Rouse, their creditors are for the most
part, have to deal with Real Estate. Other than that, per Mr. Rouse, they
had paid their bills on time and such.
This all came about because Per Mr. Rouse, NU Pizza has been in business
now, for over 20 years. When times were good, NU Pizza, had the habit of
guaranteeing the leases of it's Franchisee's, and as the California
Economy went 'south' a few years back, along with the real estate market,
NU Pizza found itself having to pay for several of it's folded
Franchisee's leases. It also didn't help that (Per Mr. Rouse) that one
Real Estate creditor, just couldn't be patient and work out arrangements
with NU Pizza in order for NU Pizza to pay them for past rents for a
Franchisee who had defaulted on their lease. Thus, per Mr. Rouse, NU
Pizza was forced to take action in this manor, in to protect themselves.
Per Mr. Rouse, this Chapter 11, gives NU Pizza the ability to get relief
from it's creditors, by giving them (NU Pizza) time to pay them (the
creditors) off.
Due to this, I would rate for the long term, NUZA as a Speculative Long
Term Play. I see NUZA beginning to turn itself around, and while NUZA is
in a somewhat deeper hole than KAHI was a little more than a year ago, I
do in my opinion, see the stirrings of what I saw last year for KAHI.
At the very least, I do see NUZA as a good short term play, until the end
of June, if for no other reason than the fact it's on the Golden Lists
(see below), and the fact that the current stock price, in my opinion, is
so inexpensive.
While I am unsure of NUZA's current Float, the O/S was confirmed to me on
Friday, 05/05/2000, by Mr. Dan Rouse, President of NUZA as being 51
Million shares.
Thus, the float can be no greater than the current 51 Million shares O/S,
in my opinion, and I suspect it is much smaller than that.
NUZA does also have room to 'grow' as well, because based on SEC filings,
they also have an Authorized of 100 Million shares.
That means they have the ability to issue up to 100 Million shares, in
order to pay their bills should the need arise.
It does not mean they will, it just means they can.
NUZA is a fully reporting OTCBB company, that has already passed it's
OTCBB eligibility requirements.
SEC filings:
www.freeedgar.com/Search/FilingsResults.asp?SourcePage=CompanyList&CIK=879124&UseFrame=1&FormType=&DateFiled=&CompanyName=NU+PIZZA+HOLDING+CORP
Company Officers:
Dan Rouse
Director and President
Deborah Murphy
Director, Vice President and
Secretary
Jane Yennie
Controller
Michael L. Lorella
Director
Company has recently (as of this week) moved. Their new address and phone
number is:
NU Pizza Holding Company
3550 Wilshire Blvd.
Suite 1725
Los Angeles, CA 90010
213-252-9991 (IR is ext# 25)
Company website here:
www.magicpizza.net/
Investor Information:
www.magicpizza.net/invest.htm
To send e-mail to the company:
www.magicpizza.net/contact.htm
NUZA is currently on the 'Golden Lists' located here:
www.goldenlists.com/the_list.htm
For a forward looking event for June 30, 2000.
Based on this:
www.siliconinvestor.com/readmsg.aspx?msgid=13213501
To: Jim Bishop who started this subject
From: SSP Wednesday, Mar 15, 2000 8:42 PM ET
Reply # of 45943
NUZA, clarification post - the June 30, 2000 date is not my typo! LOL! see
the filing for yourself under President's comments.
www.tenkwizard.com/fil_submis.asp?iacc=1028375&uid=33463245&mode=&g=
PRESIDENT'S COMMENTS For the first quarter of the year ended June 30,
2000, the Company showed a slight profit. Considerable capital resources
were advanced to an affiliated investment group and utilized in developing
a new dual concept restaurant, Numero Uno Pizza and Salsa Fresh Grill
healthy Mexican food, which recently opened. Both 15 concepts have very
high product quality and one is designed for lunchtime sales and the other
is geared toward nighttime dining, conceptually making for an excellent
fit. The investment group's second dual concept restaurant will be opening
during the second quarter of the year ended June 30, 2000 in Sherman Oaks,
California. The Company's management feels that the dual branding concept
will open up new avenues for the Company. The future and profitability of
the Company look very promising.
Anyway there is a future outlook for this company and it has an event date
of June 30, 2000.
Also - one of the consultants believes this company can turn around.....
On July 23, 1999, the Company entered into agreements with two
consultants. The agreements are for a fourteen month period and are
scheduled to expire on September 30, 2000. The consultants are to assist
the Company with the expansion of its operations by identifying,
evaluating and structuring acquisitions of other companies. The
consultants will also provide ongoing consulting services in the areas of
management, strategic planning, corporate 8 financing and marketing in
connection with the Company's line of business. In consideration for their
efforts, the Company granted each consultant an option to purchase
1,000,000 shares of the Company's common stock at an exercise price of
$.03 per share. On September 22, 1999, one of the consultants exercised
his option by paying the Company $30,000 in exchange for 1,000,000 shares
of the Company's common stock, and on September 30, 1999, the option for
the other consultant expired without being exercised.
--------------------
However, based on my conversation with Mr. Dan Rouse today, I feel that
this (event mentioned on the Golden Lists, above) will actually happen
sometime in the next few weeks, instead of June 30th.
This based on the fact that Mr. Rouse said that they (NU Pizza Corp) were
ahead of schedule, and were looking to open the 3rd and 4th Combo
restaurants in the next few weeks.
Insider Trading filings
Please note, insider filing does not always mean that the person(s) in
question that filed, actually sold, it just means they filed. It is my
understanding and opinion, that the SEC also requires that a form 4 be
filed, AFTER someone actually sells a given stock. It is also my
understanding, that once that form 4 is filed, then the actual price that
the shares were sold at, should appear next to their filing.
Here is that link:
www.insidertrader.com/freestuff/search.asp?criteria=nuza&search=1
I spoke with Mr. Dan Rouse, President and CEO of NUZA, at great length on
Friday, 5/05/2000 (after playing a bit of 'phone tag' for a few days), and
found him to be a knowledgeable and affable man, who in my opinion, has
solid plans for where this company is going.
All of the below comments are per Mr. Rouse, based on my conversation with
him on Friday, 05/05/2000.
Mr Rouse advised me that www.magicpizza.net is very close to
reaching it's goals.
He hopes the new website will be online and ready for orders, by May 15th,
2000, and per Mr. Rouse, will begin to advertise NU Magic Pizza via Cable
TV ads in California.
www.pizzanumerouno.com/ will also be brought up during this time.
Mr. Rouse also advised, that they are ahead of schedule on the 2 new
stores, and that they hope to be opening them in the next few weeks.
The new store that Mr. Rouse feels hold the most promise, is the store in
North Ridge, California.
We also discussed the need for NUZA to issue PR's, and Mr. Rouse seemed to
agree with me.
Mr. Rouse advised they had of late, been concentrating in turning the
company around, thus had not been issuing much in the way of PR's.
I got the feeling however, that this, the PR situation, is going to be
changing (for the better) in the near future, but that is only my opinion.
Mr. Rouse also advised me that currently they have 32 Franchisee's in
California, and 14 to 15 Franchisees' overseas.
Mr. Rouse is not however, all the confident about the viability of the
Franchisee in Korea, which is why he gave the figure of 14 to 15 overseas,
instead of just saying they had 15 overseas Franchisee's.
Mr. Rouse advised me that in the USA, all of their current Franchisee's
are in California.
This is due to the fact that they are in the process of trademarking the
NU Magic Pizza in the USA.
Currently NU Pizza is only trademarked in California, which places this
limit on them, to be just in Califonia.
He hopes that the upcoming changes and the new Trademark name of NU Magic
Pizza, will open NUZA up for National Franchising marketing.
Mr. Rouse advised that he has received requests to become Franchisee's in
other parts of the country, and he hopes this will resolved the issue, so
they could sell Franchises to owners through out the USA.
I asked if they had any plans to open company owned stores anytime soon.
Mr. Rouse advised me that while NU Magic Pizza, might take an interest
(part ownership that is) with a Franchisee in the future, they had no
plans on having stores that would be solely owned by NU Magic Pizza itself.
Should you wish to speak with Mr. Rouse yourself, you can do so in the
same manor I did, via phone.
Here is his phone number:
213-252-9991 x 25
If he's not there, leave him a message. I did this, and he called me back
the same day.
--------------------
Here is a listing from Hoovers, of NU Pizza Parlors (please note, this is
most likely somewhat out of date, especially based on the fact, that per
Mr. Rouse, their current USA Franchisees are only in California):
www.hoovers.com/cgi-bin/offsite?url=http://www.dotcomdirectory.com/nsi/results.hm?DBCOUNT=1,,CMD=FIND,,GCT=6,,FUS=NU+Pizza,,FKT=and,,sOpt=keyword,,kVal=NU+Pizza,,st=basic
--------------------
As always, be sure to do our own DD and Research, and then decide for
yourself. Remember, NUZA is an OTCBB stock, and as such, is
IMHO, a risky venture if just for that reason alone.
Should after completing your OWN DD and Research, you find you are still
interested, and decide to buy this companies stock, then IMHO, you should
ONLY invest not only what you are ABLE to lose completely, but ALSO what
you are WILLING to completely lose.
If you would like to know more about NUZA, or any other company that has
been profiled by Voyager's Stock Tips, go here:
www.listbot.com/archive/Voyagers_Stocktips
--------------------
Lastly, and I can NOT stress this enough, do your OWN Research and DD, and
then, and only then, decide for yourselves if ANY of the companies we
might profile, or send out alerts on, is something you might or might NOT
be interested in.
Happy Researching and DD'ing!
;-D
JMHO, FWIW ....
Voyager
www.voyagers-stockpicks.com/
--------------------------------------------------------------------------------------------------------------------------
To sign up or to remove yourself from Voyager's Stocktips Listbot list, go
here:
Voyagers_Stocktips.listbot.com
-------------------------------------------------------------------------------
Disclaimer: The verification of the validity of any information provided
by Voyager and/or the Voyager's Stocktips group, is with the sole
responsibility of the reader to do.
It is up to the reader to verify this information for them/yourselves, and
we strongly recommend that you, the reader, do just that, verify the
information for yourself, before making ANY decisions.
The things stated within this message, are Just My Humble Opinion, For
What It's Worth (JMHO, FWIW).
It's up to you the reader to decide just on what that opinion is worth to
you, if worth anything.
All I am trying to provide is only a starting place for you the reader, to
do your OWN research and DD, which I strongly recommend you do, before
making any decisions about any stock profiled by Voyagers Stocktips.
The things stated within, are Just My Humble Opinion, For What It's Worth
(JMHO, FWIW). It's up to you the reader to decide just on what that
opinion is worth to you, if worth anything AT ALL.
All Voyager's Stocktips is trying to provide, is only a starting place for
you the reader, to do your OWN research and DD on any stock we, the
Voyager's Stocktips group might profile, or of profiles we might share
with you, of those we respect, of which I strongly recommend you do,
before making any decisions about any stock mentioned herein on any
companies or stocks profiled by Voyager's Stocktips.
Voyager and/or The Voyagers Stocktips group is not a Registered Investment
Advisor or a Broker/Dealer.
The information that the Voyager's Stocktips group provides, and/or
Voyager, is not a solicitation to buy or sell securities.
We do not accept payment of any kind from the companies we introduce or
their public relationship firms.
This communication reflects opinions of individual analyst(s) only.
This report has not been reviewed or approved by the profiled Company.
The information, opinions and analysis included herein are based on
sources believed to be reliable and in good faith but no representation or
warranty, expressed or implied, is made as to their accuracy,
completeness or correctness.
Investing in securities is speculative and may carry a high degree of
risk.
As a reader of the Voyagers Stocktips group, and also if you are reading
this message on the Bobz.com or Raging Bull message boards, you will be
also still be responsible for your own trading and investment decisions.
You have to set your OWN goals whether you want to invest for short or
long term, as well as set your OWN entry and exit points, should you
decide to purchase ANY stock.
The Voyager's Stocktips group, and Voyager, is not responsible for your
investment decisions, and not liable for any loss that you may incure on
the stocks that we profile.
We only give you ideas, stock picks, and perhaps buy alert to work with, a
place to start per say, the rest is up to you.
We advise you do your own research yourself, and in fact, STRONGLY
recommend you do indeed do your OWN thorough research, in order to make a
proper investment decision depending on your own risk objectives.
Investors should review a complete information package on the profiled
Company, which should include, but not be limited to, the profiled
Company's annual report, quarterly report, press releases, as well as all
regulatory filings.
All information contained in this report should be independently verified
with the profiled Company mentioned herein.
From time to time, associates of the Voyager's Stocktips group may have
Positions on stocks that we profile.
We may profit at any time from the stocks of the companies we profile, in
the event the shares of the profiled Company increase in value.
These positions may be liquidated from time to time even after we have
made positive comments regarding the profiled Company.
The receipt of this information constitutes your acceptance of these terms
and conditions.
______________________________________________________________________
To unsubscribe, write to Voyagers_Stocktips-unsubscribe@listbot.com
Start Your Own FREE Email List at www.listbot.com/links/joinlb |
