I met the NGHT CEO, Michael Long, at one of their Dallas events in August, he was at a giveaway table talking to everyone and being friendly. I'm not from around Texas at all, in fact I'm from Southern California and was only in Texas to visit friends and family. When I told him i was from SoCal his eyes immediately lit up and he said him and his crew were in process of signing up big DJ's in the area and were planning on expanding the market into that region within a year or so (and was also negotiating with a major Vegas resort to hold events as well, although when pressed he was tight-lipped about specifics).
Although the SoCal market is crowded, I think that NGHT holds great events and will be able to stand up to the rest of event companies that he will be competing with.
I was actually shocked that NGHT was a listed company so I looked it up and it looks like they are doing pretty well from their historical financials. I think this stock can be a great buy and hold value. I always believe in buying stock in companies with great leadership and I feel that NGHT has a good one with Mr. Long at the helm.
He also gave me a free ticket to another event, which sadly i had to giveaway since i wouldnt be in town, but looking forward to the expansion. I will definately be at their inaugural event in SoCal!
AI
