Key Developments: RCI Hospitality Holdings Inc (RICK.OQ)

RICK.OQ on NASDAQ Stock Exchange Global Market

11.59USD
24 Apr 2015
Change (% chg)

$0.04 (+0.35%)
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Latest Key Developments (Source: Significant Developments)

Rick's Cabaret International Inc gives FY 2014 EPS guidance
Monday, 16 Dec 2013 04:10pm EST 

Rick's Cabaret International Inc:Says FY 2014 GAAP earnings per share to be about $1.20, with non-GAAP EPS of $1.70.  Full Article

Rick's Cabaret International Inc Buys 49% Interest In Dallas Gentlemen's Club "PT's Platinum
Thursday, 3 Oct 2013 12:45pm EDT 

Rick's Cabaret International Inc announced that it's subsidiary purchased 49% of a corporation that operates the Dallas club "PT's Platinum." Total cost of the transaction was $500,000, with $130,000 allocated to the acquisition of 49 percent of the shares of Manana Entertainment, Inc., which operates the club on behalf of VCG Holding Corp., and $370,000 to purchase the building and personal property. Under the agreement Rick's Cabaret president and CEO Eric Langan will become a vice president and board member of Manana Entertainment.  Full Article

Rick's Cabaret International Inc Subsidiary Extends Purchase Option On New York City Property; Receives $8 Million Offer For 2/3 Of The Air Rights
Thursday, 11 Jul 2013 09:05am EDT 

Rick's Cabaret International, Inc. announced that its subsidiary has extended an option to purchase the property at 50 West 33rd St. until August 9th while it works out contractual details to sell some of the air rights it is acquiring to a third party. The subsidiary has an agreement in place to purchase the property, which is the site of the Company's flagship Rick's Cabaret/NYC adult nightclub. The original contract for the subsidiary to purchase the property was extended after the owner agreed to finance the acquisition. The parties mutually agreed to the first extension at no cost to the Rick's Cabaret subsidiary while the parties worked to mitigate taxation issues. Subsequently, the subsidiary paid an additional $92,708 to extend the current term by 30 days.  Full Article

Rick's Cabaret International Inc's Subsidiary Completes Acquisition Of Topless Nightclub In Los Angeles County
Monday, 3 Jun 2013 09:05am EDT 

Rick's Cabaret International Inc announced that it has completed the acquisition of a new topless nightclub in Los Angeles County that it will open this summer as Vivid Cabaret. The 12,000 square foot club is located in Los Angeles County at 1957 Del Amo Blvd, Rancho Dominguez, CA, just north of Long Beach and convenient to the 405, 110, Gardena and Long Beach freeways. Through a subsidiary Rick's Cabaret International, Inc. acquired the outstanding membership interests for the Los Angeles County location for a purchase price of 100,000 restricted shares of its common stock.  Full Article

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