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SPEA (OTCBB) > CKXE (Nasdaq) on 3/1/2005.
See this board: #board-3673 to discuss the company and the stock.
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SECURITY DELETIONS
Dl Date Symbol Company Name Effective Date/Comments
2/28/2005 SPEA Sports Entertainment Enterprises, Inc. Common Stock 3/1/2005 Listed on NNM (CKXE)**
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=SPEA&OTCBB=ALL
For those interested in Elvis memoribilia, If you go to Ebay they have the original Graceland blueprints listed. Just trying to help girlfriend out LOL
very interesting. please read.
very interesting here. please check:
Form 8-K for MARINE JET TECHNOLOGY CORP (mjet.ob)
28-Mar-2005
On March 24, 2005, Marine Jet Technology Corp. (the "Company"), a Nevada corporation, entered into a Letter of Intent to acquire Antik Denim, LLC, a California limited liability company ("Antik"). Antik designs, develops, markets and distributes high fashion jeans and accessories with an Old West flair under the brand name "Antik Denim". Antik's products include jeans, jackets, belts, purses and t-shirts. Antik currently sells its products in the United States, Canada, Japan and the European Union directly to department stores and boutiques and through distribution arrangements in certain foreign jurisdictions. Antik was established in September 2004, is headquartered in Commerce, California, and maintains two showrooms in New York and Los Angeles.
---
Story appeared on page 16
October 7, 2004
Blue Concepts’ Fresh Ideas
A co-founder of the Sasson jeans brand is rolling out the Antik and Taverniti So Jeans lines for early spring and has acquired the worldwide master apparel license from Elvis Presley Enterprises Inc., tapping into the craze for vintage rocker T-shirts and merchandise. Guez saw Sasson rocket to success in the late Seventies, but lost control of the brand after a bankruptcy proceeding in the late Eighties.
Guez said his firm, Blue Concepts, which operates as an incubator of fashion brands, is on track to bring in $30 million in revenues in 2004. With the new lines, sales should exceed $50 million next year.
To illustrate the power of the Elvis deal, Dolce & Gabbana had to get Guez’s approval before it presented a T-shirt of the rock legend at its fashion show last week.
Shipping in November, jeans from Antik wholesale for $79 to $160. Overall, the brand is expected to fetch $10 million to $15 million in sales its first year, Guez said.
The Elvis project offers the greatest potential, Guez said. It allows access to more than 40,000 images of the cultural icon, who died in 1977. Guez is projecting sales of $20 million to $30 million in its first year.
“All of my designers want to contribute and do something with Elvis,” Guez said.
The move is the first time Elvis Presley Enterprises has given one company jurisdiction over the entire apparel program. Some 10 to 15 current apparel licenses still exist and will be assigned to Guez, according to Carol Butler, director of worldwide licensing at Elvis Presley Enterprises.
Still holding and waiting for 50 bucks!
Not selling a share, in since 2.00.
come on, you know whats up.
just my opinion.
Keep a watch on CSWI only 434,000 shares. Profitable Software Company. Reverse Merger.
Well now we hit 23.00 so I may just hold on for 50.00!
Something is going on with SFTV!very low float,could be another SPEA.
Ive been posting for weeks about 20 bucks and just came .20 cents shy today. will hold for 50.00
.06 - $19 = 32,000%!!! What a run!
SPEA is one of those rare Gems everyone talks about. Congrats to those who profited. I can imagine people selling at 1000%, happy with their profits to find out it went up another 30,000%. Dam!
Now, instead of doing a reverse split, they need a 2 for 1 split. lol
Enjoy.
17.55 HOD going to get my 20.00 bucks cant belive it!
SPEA not trading today, anyone know why????
Looking good on spea full house.
Looking good on spea full house.
I want to buy more, but I am waiting..
Wow we hit 16.30 today, suddenly 20.00 doesnt seem so far off now!
c'mon 20 bucks!
Closed out yesterday @ $13.00
$10 grand profit. Great run.
Now in HWPR looking for same kind of run.
WOW! Really?
I am IN again today, wish I held my 3.00 shares, but if they release any of these restricted shares you may not see 50.00 with any dilution.
Going to be interesting next week......
$20.00 is my target but could run to 50.00
Hey Full, how many shares do you own? Do you really think this baby is going to hit $20? I would love to see that...
looks like its happening now!
Hey Full house, when can we expect the NASDAQ listing?
You guys liked SPEA's run correct? Then checkout SWKJ
Another up day! Looking foward to that nasdaq listing, for those of you who have never taken that trip its can be wild.
SPEA is creeping up in anticipation of the Nasdaq Listing, this is from my broker who has had many people (women) inquire about it and told me 20+bucks is on the way.
THIS STOCK HAS POWERFUL LEGS HOMERUN MATERIAL
I have done my due dilgence on this stock and have concluded without a doubt this stock within less than two years will be a winner for those who invest at this price level...... You will find that for the next two months minumum that the stock movement will be at least $1.00 in either direction if the trading volume is greater than 400,000. shares......
I'm holding this one for awhile. Should be a good investment for 2005.
anyone thinking we will see 20 bucks this week?
HELP, can anyone make sense out of this? is spea going to get shafted? SPEA Sports Entmt Enterprises Inc (OTC BB) 12/17/2004 3:10:32 PM ET
Realtime Quote $9.11 + $2.70 (+42.12%) Refresh Quote
Press Release for Sports Entmt Enterprises Inc
Sports Entertainment Enterprises, Inc. Announces Transaction with Robert F.X. Sillerman and Elvis Presley Estate
12/16/2004 8:30:00 AM
NEW YORK, Dec 16, 2004 (BUSINESS WIRE) --
-- Sillerman Will Obtain Majority Control of Company Simultaneous
with an Acquisition of an 85% Stake in Elvis Presley
Enterprises and Related Assets
Sports Entertainment Enterprises, Inc. (OTC BB:SPEA.OB) announced today that it has entered into a definitive agreement with two entities controlled by Lisa Marie Presley and RFX Acquisition LLC (RFX), a company formed and controlled by Robert F.X. Sillerman, in which RFX will acquire a controlling interest in SPEA simultaneous with and conditioned upon SPEA's acquisition of a controlling interest in entities which control the commercial utilization of the name, image and likeness of Elvis Presley, the operation of Graceland and the surrounding properties, as well as revenue derived from Elvis' music, films and television specials.
As part of the transaction, RFX will contribute $3.43 million to SPEA in exchange for 34,320,124 newly issued shares of SPEA common stock. In addition to the shares received from the company, RFX will receive warrants to purchase 8,689,599 shares of the common stock at $1.00 per share, warrants to purchase 8,689,599 shares of common stock at $1.50 per share, and warrants to purchase 8,689,599 shares of common stock at $2.00 per share. Simultaneous with this exchange, RFX will also acquire an aggregate of 2,240,397 shares of the company's common stock directly from certain principal stockholders of the company at a price of $0.10 per share. Upon consummation of these transactions, RFX and its affiliates including Mr. Sillerman will own approximately 94 percent of the outstanding common stock of the Company, and assuming exercise of the warrants, will own approximately 96 percent of the then outstanding common stock of the company.
Simultaneous with RFX's contribution, Ms. Presley will contribute 85 percent of the outstanding equity interests of the two entities that own the assets of and control the Presley businesses in exchange for total consideration of approximately $100 million, consisting of approximately $53 million in cash, approximately $22 million in Preferred Stock of SPEA, 500,000 shares of SPEA common stock and the assumption or extinguishment of approximately $25 million of outstanding indebtedness. Ms. Presley will retain a 15 percent interest in the two Presley entities, which will operate as 85 percent-controlled subsidiaries of the company.
Though RFX has made a deposit of $5 million, to be credited towards the purchase price when the closing occurs, the closing of the transaction remains subject to a number of significant conditions, including a three year audit of the combined operations of the Presley entities which is currently being conducted by Deloitte & Touche LLP. In addition, RFX and the Presley entities have the right, under certain limited circumstances, to require SPEA to assign its rights under the proposed transaction to another inactive publicly traded company. Accordingly, there can be no assurance that the transactions will be consummated or, if consummated, that SPEA will be a participant. Approval of SPEA's shareholders will not be required to consummate the transactions. Though the transaction does not have a financing condition, RFX Acquisition may seek equity or debt financing on behalf of SPEA to fund the cash portion of the Presley purchase price. If financing is not available on terms that RFX deems reasonable, RFX and its principals will consider providing additional debt and equity capital to the company. Any financing may result in additional dilution to SPEA's stockholders.
On a combined and unaudited basis, the "Elvis" businesses had total revenue of $44.9 million for the twelve months ended December 31, 2003 and $37.9 million for the nine months ended September 30, 2004. Net operating income, before depreciation and amortization, for those periods was $12.0 million and $9.4 million, respectively.
Mr. Sillerman, the founding and controlling member of RFX, was the founder, a major shareholder and served as Executive Chairman of SFX Entertainment from its inception in 1997 until its sale to Clear Channel Communications in August 2000. SFX Entertainment was the largest presenter, promoter and producer of live entertainment in the world. Prior to that, Mr. Sillerman was a founder, major shareholder and served as Executive Chairman of SFX Broadcasting, Inc., a major owner and operator of radio stations, from its inception in 1992 through its sale in 1998 to an affiliate of buyout firm Hicks, Muse Tate & Furst. Mr. Sillerman is also a founder and the controlling member of MJX Asset Management LLC, a company engaged in the management of, and investment in, collateralized debt obligation funds. MJX Asset Management currently has approximately $1.5 billion under management.
If and when the transaction is consummated and upon compliance with all applicable rules and regulations, it is anticipated that Mr. Sillerman and his designees, will assume control of the company's Board of Directors. Following completion of the transaction, Mr. Sillerman will have sufficient voting control to elect the Board of Directors, although at least 50 percent of the Directors will be unaffiliated with Mr. Sillerman and meet the standard for "independence" as defined by the major stock exchanges. In connection with her receipt of the Preferred Stock, Ms. Presley will have the right to either serve as a director of the company or to designate an individual to serve on her behalf. In accordance with Rule 14(f) of the Securities Exchange Act of 1934, as amended, a Schedule 14F will be mailed to SPEA's stockholders prior to effectuation of the change of control. It is contemplated that following the closing, the current executive officers of SPEA will resign. It is anticipated that Deloitte & Touche will be appointed auditors for the company following the transaction.
Mr. Sillerman has agreed that, following completion of the transaction and subject to certain minor conditions and exceptions, he and certain of his affiliates will conduct all of their active media and entertainment-related activities through the Company.
Bear Stearns & Co. Inc. is representing Mr. Sillerman in the transaction and Ms. Presley is being represented by Provident Financial Management and The Salter Group.
SPEA disposed of all of its operating businesses in the second and third quarters of 2002. As a result, the company now has no business operations and only minimal assets and liabilities. SPEA's primary objective is to seek out and pursue a transaction with a business enterprise that might have a desire to take advantage of the company's status as a public corporation. If the transactions described herein are not consummated, there is no assurance that SPEA will acquire a favorable business opportunity through such a transaction.
SOURCE: Robert F.X. Sillerman
Media:
Sports Entertainment Enterprises, Inc.
Ronald Boreta, 702-798-7777
prospector777
Maybe Johnny Cash estate is next!!HHHHmmm! Maybe on to something?
Good call!
JJ
Congrats to those who held their shares.
I'm happy with the gain I made yesterday.
Anyone know the share structure on SPEA?
JJ
It's not to late.
Obviously selling @ $4.80 was a bad deal for me.
Anyone know how many shareholders there were before the run up or now? Not O/S, actual shareholders.
Or guide me to where I can find it.
I'm Having a debate with someone about that.
Thanks.
it may not be over...
the news will really sink in today when it is seen by everyone this time....the estate is worth 100mil....the stock just jumped 6000%...this is no fluke...I think this could still be another runner today....imo....I will be watching it from the open..but I think this one is gonna soar once more
i need to kick myself. during the 2003 summer, i worked at a hampton golf club of which sillerman is a member. i only wish that i asked him if he had anything on the horizon. of course, it is quite possible that buying elvis' estate was not a consideration at the time. however, if i had known that sillerman had a company on an exchange (i thought he was retired), i would have invested atleast a thousand dollars in a stock that was for a period a penny. oh, how happy i would be now reaping the rewards of such a small investment. this last day has been depressing.
ahhhhhhhhh, but if you read further, you would see I got back in at 5.60.....so I have made up our gap.......;)
Nice trade on your end...........I was not paying attention when I got a first am alert on it or I would have been there with you I am sure......COVD is also kicking arse for me..;
U got in @ $4.25 not bad but a little late.
At what price did u get in?
sold too soon, this guy sold at 7.......;)
Then Today...
Robert F.X. Sillerman and Elvis Presley Enterprises Announce Partnership
MEMPHIS, Tenn.--(BUSINESS WIRE)--Dec. 16, 2004--Robert F.X. Sillerman and his new media and entertainment company, which will be named CKX, Inc., have entered into a definitive agreement to acquire a majority interest in the assets comprising the estate of Elvis Presley.
The new partnership will conduct all business activities concerning EPE, Graceland and tour operations; however, the transaction was structured so that the title to Graceland and its 13.6-acre grounds in Memphis, TN, and most of Elvis's personal effects remain with Lisa Marie Presley.
The new partnership includes all trademark rights to the name, likeness and image of Elvis Presley and all EPE-owned intellectual property, including its collection of photographs, archival documents and footage, and EPE's successful music publishing catalog, as well as the Graceland visitor center complex and Heartbreak Hotel across the street from the mansion and all other EPE real estate investments.
In a related transaction, Mr. Sillerman announced that he expects, through an affiliated entity, to acquire approximately 94 percent of the common equity of Sports Entertainment Enterprises, Inc. (OTCBB:SPEA), an inactive publicly traded company, through which the business of CKX will be conducted. Please see Mr. Sillerman's and SPEA's releases for further information on this transaction.
"For the past few years I've been looking for someone to join forces with to expand the many facets of EPE, to take it to new levels internationally, and to make it an even greater force in the entertainment industry," said Lisa Marie Presley, singer/songwriter and sole heir to the Elvis Presley Estate. "I feel confident that Bob Sillerman and his team are the right people to do this with. My greatest responsibility to my father is to preserve and protect his legacy, and this is an exciting new structure that opens up an incredible array of opportunities with a major infusion of new investment capital to do just that," continued Presley. "It's the ideal partnership in that I retain Graceland and my father's personal effects, yet joining forces with Bob Sillerman will give us the opportunity to grow even further the intellectual and entertainment properties."
Commenting on the transaction, Mr. Sillerman said, "I am extremely excited about our new venture, which we believe will bring unique concepts to different aspects of the utilization of entertainment content and will challenge the current models of distribution and consumption of content. I am fully committed to the success of CKX and there is no better way to launch our new company than by assuming the opportunity and responsibility, together with the Presley family and the current management of Elvis Presley Enterprises, of continuing and expanding the heritage of Elvis Presley. I believe Elvis to be the single most significant icon in American pop culture."
No staffing or personnel changes are anticipated within the EPE organization. Priscilla Presley remains as an executive consultant, Jack Soden remains as CEO and Gary Hovey remains Executive Vice President and head of the Los Angeles office. All of EPE's management team and staff will remain in place and Graceland tour operations will continue with business as usual.
EPE was created in 1980 by Priscilla Presley on behalf of the Elvis Presley estate. Its business extends far beyond the Graceland operation. It includes worldwide licensing of Elvis-related products and ventures, the development of Elvis-related music, film, video, television and stage productions, the ongoing development of EPE's Internet presence, the management of significant music publishing assets, the Heartbreak Hotel in Memphis and more.
Mr. Sillerman was the founder, a major shareholder and served as Executive Chairman of SFX Entertainment from its inception in 1997 until its sale to Clear Channel Communications in August 2000. SFX Entertainment was the largest presenter, promoter and producer of live events in the world. Prior to that, Mr. Sillerman was a founder, major shareholder and served as Executive Chairman of SFX Broadcasting, a major owner and operator of radio stations, from its inception in 1992 through its sale in 1998 to an affiliate of buyout firm Hicks, Muse, Tate & Furst.
For additional information on Elvis, Graceland and Elvis Presley Enterprises, visit Elvis.com.
CONTACT: Elvis Presley Enterprises
David Beckwith, 323-845-9836
or
The Sillerman Companies
RFX Acquisition LLC
Sean Cassidy, 212-981-5233
Ed Tagliaferri, 212-981-5182
Robert Zimmerman, 212-981-5118
SOURCE: Elvis Presley Enterprises
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