SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks
Million Dollar Saloon OTC BB : MLDS
An SI Board Since February 1999
Posts SubjectMarks Bans
11 0 0
Emcee:  Old Stock Collector Type:  Unmoderated
Million Dollar Saloon OTC BB : MLDS

Address:
6848 Greenville Avenue
Dallas, TX 75231
Phone: (214) 691-6757
Fax: (214) 691-6788

Employees: 70
Officers: Nina J. Furrh, Chmn./Pres./CEO Dewanna Ross, VP/COO/Secy./Treas. Ronald W. Johnston, VP-Fin./CFO Sharon Furrh, VP.
Business Summary
Million Dollar Saloon owns and operates an adult cabaret in Dallas Texas under the name Million Dollar Saloon which opened in 1982 to establish a sophisticated entertainment
club to professional clientele. Most of the revenues and earnings of The Million Dollar Saloon comes from the bar and restuarant sales. MLDS also owns and manages income producing commercial real estate in the Dallas - Ft. Worth Metroplex. For the nine months ended 9/30/98, total revenues remained flat at $2.9 million. Net income fell 47% to $248 thousand. Revenues reflect lower restaurant patronage, offset by increased rental income. Earnings suffered from increased consulting costs and higher legal and professional fees.

Statistics at a Glance -- MLDS Last Updated: Feb 8, 1999

Price and Volume (updated Feb 8, 1999) Per-Share Data Management Effectiveness
Book Value (mrq) $0.53 Return on Assets (ttm) 5.42%
Earnings (ttm) $0.03 Return on Equity (ttm) 6.69%
52-Week Low $0.281 Sales (ttm) $0.62 Financial Strength
Recent Price $0.531 Cash (mrq) $0.12 Current Ratio (mrq) 3.05
52-Week High $1.00
Valuation Ratios
Long-Term Debt/Equity (mrq) 0.08
Price/Book (mrq) 1.01
Total Cash (mrq) $730.0K
Price/Earnings (ttm) 16.59
Share-Related Items
Price/Sales (ttm) 0.86
Market Capitalization $3.06M
Shares Outstanding 6.144M
Float 2.00M
Sales (ttm) $3.56M

Profit Margin (ttm) 5.6%

Investment Thoughts:

Income: MLDS has paid 12 consecutive dividends in less than 3 years. Dividends have ranged from .01 to .04 per share.
MLDS is actively pursuing consolidation and acquisition opportunities.
Insider Ownership: 35%

One of many print advertisements which the company runs on billboards and magazines:

members.aol.com

When you get your stock certificates issued to you this is what they will look like:
Warning: These certificates should be considered " for adults only"

1,000 share stock certificate
members.aol.com

100 share stock certificate
members.aol.com

1 share stock certificate
members.aol.com

The Million Dollar Saloon has been in national publications:
Forbes
Investor's Business Daily
The Washington Post
International Herald Tribune
Texas Journal

Does MLDS file with the SEC: YES

Investor Relations:
David Evanson
Financial Communications Associates
27 West Athens Avenue
Ardmore, PA 19003
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
11 its crazy how quiet this one is while its been so strong, tells me its just getpurecntry5-5/26/1999
10 Income: MLDS has paid 12 consecutive dividends in less than 3 years. Dividends Old Stock Collector-3/18/1999
9 OK Thank You Happy Trading Old Stock Collector-2/11/1999
8 Keith, if I have said something to offend you, I apologize. Let's move on,Don Pueblo-2/11/1999
7 To: Tastes Like Chicken only. <Unlike you, when I get hungry, I don't lOld Stock Collector-2/11/1999
6 Unlike you, when I get hungry, I don't look at pictures of steak. Don Pueblo-2/11/1999
5 Good bye Tastes Like Chicken! That is why Ricks is doing so bad. MLDS is doing Old Stock Collector-2/11/1999
4 ROFLOL! It's a lame RICK wannabe! Don Pueblo-2/10/1999
3 I actually think the 1 share paper is better than the 1,000 denomination. I plaHoatzin-2/10/1999
2 I sure hope this one flys. I cashed out my First National Bank CDs to get into Bill Ulrich-2/10/1999
1 That's great, Keith. Thanks for taking the trouble to expose this stock to Hoatzin-2/10/1999
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):