From IHUB:
ZIPL.PK
AOL City Guide Rated MINXX #3 Best Adult Attraction In Las Vegas.
Minxx follows the template established by its predecessors in the upscale Gentleman’s Club biz – a large (15,000 square feet) attractive facility with many classy touches and plush hideaways for private dances, as well as a fully stocked bar, bottle service and a dazzling selection of beautiful women. Private VIP rooms boast plasma televisions and X-Box systems, though going to a strip club to play video games is like going to the Bellagio buffet and just having soup.
If Minxx has a drawing card, it’s the club association with Vivid Video, the most successful adult film producers in the industry. As the home of the Vivid Girls in Las Vegas, the club hosts appearances from such X-rated dreamgirls as Tera Patrick, Jenna Jameson, Stefani Morgan, Monique Alexander and Kayden Kross. – David Hofstede
What is going on here at ZIPL ?
Highly profitable and well known 15,000 square foot Las Vegas Minxx adult themed club to be reverse merged back into ZIPL shell.
Please read the full commentary below to get a full grasp of this impending merger.
In addition, an exciting development that will bring much more exposure to the subject club was found by a shareholder doing dd on the internet:
ZIPL Minxx club to have own TV reality show:
Snap Kick is producing a reality TV show about a Las Vegas strip club called, Minxx which is due for release later this year
Snap Kick Productions is a Hollywood based production company currently in production on the films Sin-Jin Smyth, Respect The Dead, Knight Fever and the Skippy Shorts Movie (working title).
minxx.net
Minxx strip club hosts official parties this week
Shares Outstanding: 12.98M
Float: 5.59M m/l
Verified via transfer agent Standard, Las Vegas 08/08/07
Transfer Agent
Standard Transfer & Trust Company, Inc.
2980 South Rainbow Blvd.
Suite 220H
Las Vegas, NV 98146
Yes, Nevada is called the "Silver State", but the truly precious commodities are tourists, cash, and cash flow.
The World Comes To Las Vegas....
They leave a large portion of their cash, how does this help us here ?
Please allow me to share these important facts:
What is going on here at ZIPL ?
ZIPL is a shell at present, there are some gentlemen that have bought the shell and will reverse merge a highly successful operating private licensed adult oriented business back into the trading ZIPL symbol. The merger will take place soon and the symbol will be changed when all is completed.
When this process is complete, the shareholders of ZIPL will own the operating business being merged, as well as an interest in all attendant future growth plans of the company.
Who are the people involved ?
Compacted (glance only) bios:
Robert R. Susnar III, CEO
Former exec, Drexel Burnham Lambert, Investment banker, NYC.
Considerable Wall Street "Tiffany" address association.
Money manager/Private investor/Major deal maker.
Self made multimillionaire.
California/Nevada residences.
No legal issues, straight shooter.
Dwight Chornomud, COO, President
Former Football Player, San Diego State University.
Clear associations with major record labels.
Private investor/In demand consultant.
Self made multi-millionaire
California/Nevada residences.
No grounded legal issues, straight shooter.
Our subject club, Minxx, was the scene of a very serious incident recently. The club itself and its owners became the object of intense media hype over an altercation with Minxx personnel that involved NFL Player "PacMan" Jones and his entourage.
Our owners credibility and careful attention to detail is clearly observed by their actions...this was the ultimate test for our management... they handled the entire incident with class and dignity. Exactly what we as shareholders would expect from our management.
The actions by ZIPL/Minxx management were exactly how one would expect responsible management to act.
Here is some general info about the business itself:
Reveunes for the(one location thus far)club: 12-15 million
These types of clubs are very profitable, the margins are very attractive, at least 30% topline and 20% bottom.
With the lower end of revenue that is 2.4 million bottom available to shares outstanding.
That is a whopping .18 per share with the 13 million max o/s.
A insulting 10 PE puts the share price at $1.80, but this would have a much higher PE application as there is much room for growth in this market, applying a foward looking PE would simply make the share price plain scary, a monster.
What is great about this particular situation? Besides the great earnings available EBITA and post, there are only 13 million shares max outstanding in this issue. No reverse split needed, which is always a danger when considering a r/m shell. Many have way over 100 million o/s, this one sits with about 13 million more or less.
These figures are only for one club, these are very bright folks that have deep pockets and they will be looking for acquisitions post haste.
This issue needs to be accumulated and held, the float is very low and the tradable is already bought..it is crystal clear by the way it is trading now..
If folks hold their shares and/or put any shares they wish to sell on the ask, as opposed to the bid, this could turn into a monster play for all involved.
All of the components are there for us to take down huge gains here, take advantage of it and make this another one everyone will talk about... good luck and health to all. |
