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That's all right, I made 10x my money on a cannabis pharma stock and there's no end in sight of slowing down
I don't see anything in the paperwork that's say if you sell after the record day dec 19 that you won't receive it .. and don't know why they would mail me 70 some pages of paperwork..
I can't believe how undercover this company runs. Buffalo Wild Wings is a great brand and I'm glad to have a small piece of the largest franchisee. I remember not buying this years ago when it was trading at .30
I felt the ibox needed a lot of help beyond the single sentence that was on there so I took the mod spot. It's not Madison Avenue but it will work I believe. Its been so long since I wanted to moderate a board that I forgot a lot of stuff about linking charts and such.
Yeah I'm not 100% sure. Its just the way I read that section. Hopefully that is not the case for him but since he isn't seeing the shares in his account it might explain why.
I too am long on this. I've had shares for a few years and have slowly accumulated over time. I have shares that I paid almost $8 for. Ouch! Never liked Bagger Dave concept and I believe that is what is holding this stock back. My gut feel is that you'll be able to pick up shares of BAGR much cheaper than the opening trade price a few days after the trading begins.
Not sure about that because the mailing didn't arrive til this past week......... I believe if you owned it at the close on Dec 19th your account was supposed to get the shares. It is illogical to think that someone could buy after the record date and gain the divi shares from someone who owned it on the record date......... That is the whole purpose of a record date.
I'm a long on it and didn't want to risk the divi shares by selling after the record date.......... I personally feel SAUC is a $3 - $5 stock without Bagger D on the books.
I'm hoping BAGD opens in the $2 area before eventually sliding into the .25 - .50 area. The brand is not known nationally so I expect very thin trading on it.
Joeymc, I received paperwork in the mail about the transaction today. If you read the section about trading between the record date (dec 19) and the distribution date (jan 20), you will see that "you will be selling your right to receive shares of Bagger common stock in the Distribution".
You might be out of luck???
Yeah, I do pennies in my Scotty account but now I'm moving the profits out of Scotty into Robin. It forces me to buy better stocks and without the commish I hope to sell sooner. Unfortunately I own some really beaten down tickers that might not recover.
Had it once it came out but really started using it the last 6 months a lot .. I pay the $10 a month for gold so I don't have to wait 3 days for money and you can do up to 3 day trades per 5 days .. can't really trade any penny stocks .. but I like it saved me a lot of money . Got ameritrade and E*TRADE also..
I just started using Robinhood, how long you been trading on it?
I am also now seeing my shares on ETrade. It is not showing up as a ticker but as a number.
The shares are not yet trading and have no value at this point. My guess is that they begin trading at the opening bell on Monday.
Thanks for the update! I just looked in ETrade and I don't have it yet but maybe by the end of the day.
Scottrade put BAGDA9# in my account this morning, not valued yet nor is it tradeable yet but we are moving forward.
Still waiting!!!! Got to be soon.
Diversified Restaurant Holdings to Present at NobleCon13
SOUTHFIELD, Mich., Jan. 17, 2017 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) ("DRH" or the "Company"), the largest franchisee for Buffalo Wild Wings® ("BWW"), today announced that David Burke, President and Chief Executive Officer, will be participating at the Noble Financial Capital Markets 13th Annual Investor Conference (NobleCon13) on Monday, January 30, 2017 in Boca Raton, Florida.
The Company’s presentation will begin at 11:30 a.m. ET. A high-definition, video webcast of SAUC’s presentation and a copy of the presentation materials will be available on the Company's web site, www.diversifiedrestaurantholdings.com. You will require a Microsoft SilverLight viewer (a free download from the presentation link) to participate. The webcast and presentation will be archived on the Company's website for 90 days following the conference.
About Diversified Restaurant Holdings, Inc.
Diversified Restaurant Holdings, Inc. operates 64 BWW franchised restaurants in key markets in Florida, Illinois, Indiana, Michigan and Missouri. The Company routinely posts news and other important information on its website at http://www.diversifiedrestaurantholdings.com.
Investor and Media Contact:
Deborah K. Pawlowski
Kei Advisors LLC
716.843.3908
dpawlowski@keiadvisors.com
Source: Diversified Restaurant Holdings, Inc
Nice day today....
I'll keep waiting if we keep having days like this!
I'm assuming we should see our shares in our account before it starts trading?
They said waiting on FINRA but don't know how truthful that is. This spin off has been months and months in the making and it makes very little sense that they still weren't ready to complete the spinoff and share distribution.
Anyone have a clue when BAGR starts trading and when we can expect to see our shares?
Idk sold most on the 23 and the rest today .. sounds like I'm good
Interesting dilemma. It will be interesting to see if you get the BAGR shares.
I closed out my position after dec .19..
so do I get all those shares back in my account ?
Yes, a win-win for everyone here. Great job by this company management for their shareholders. This is an excellent example of how rewarding OTC stock investing can be. Cheers!
The day I've been waiting for. A 1 for 1 spinoff at no cost to me.
It just doesn't get much better than that. Now SAUC should become profitable.
Diversified Restaurant Holdings Completes Spinoff of Bagger Dave's
SOUTHFIELD, Mich., Dec. 27, 2016 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) ("DRH" or the "Company"), the largest franchisee for Buffalo Wild Wings® ("BWW") and creator and operator of Bagger Dave's Burger Tavern® ("Bagger Dave's"), today announced the spinoff and distribution of shares of Bagger Dave’s for shareholders of record on December 19, 2016. The date of the distribution was December 25, 2016.
Each DRH stockholder will receive one share of Bagger Dave’s common stock for every share of DRH common stock held on the record date. No action is required by DRH stockholders to receive their Bagger Dave’s shares in the distribution. Shares of Bagger Dave’s will begin trading on the OTC Bulletin Board™ upon approval by Financial Industry Regulatory Authority (“FINRA”).
David G. Burke, President and CEO, commented, “This is a significant milestone for DRH and a clean start for Bagger Dave's. We believe focusing resources on each business independently should create more opportunities for strengthened operational performance.”
Following the spinoff, DRH common stock will continue to be listed on The NASDAQ Capital Market under the symbol "SAUC." Bagger Dave’s common stock will be listed on the over-the-counter market under the symbol "BAGR."
About Diversified Restaurant Holdings, Inc.
Diversified Restaurant Holdings, Inc. operates 64 BWW franchised restaurants in key markets in Florida, Illinois, Indiana, Michigan and Missouri. The Company routinely posts news and other important information on its website at http://www.diversifiedrestaurantholdings.com.
Safe Harbor Statement
The information made available in this news release contains forward-looking statements which reflect DRH's current view of future events, results of operations, cash flows, performance, business prospects and opportunities. Wherever used, the words "anticipate," "believe," "expect," "intend," "plan," "project," "will continue," "will likely result," "may," and similar expressions identify forward-looking statements as such term is defined in the Securities Exchange Act of 1934. Any such forward-looking statements are subject to risks and uncertainties and the Company's spinoff, actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities could differ materially from historical results or current expectations. Some of these risks include, without limitation, the impact of economic and industry conditions, competition, food and drug safety issues, store expansion and remodeling, labor relations issues, costs of providing employee benefits, regulatory matters, legal and administrative proceedings, information technology, security, severe weather, natural disasters, accounting matters, other risk factors relating to business or industry and other risks detailed from time to time in the Securities and Exchange Commission filings of DRH. Forward-looking statements contained herein speak only as of the date made and, thus, DRH undertakes no obligation to update or publicly announce the revision of any of the forward-looking statements contained herein to reflect new information, future events, developments or changed circumstances or for any other reason.
Investor and Media Contact:
Deborah K. Pawlowski
Kei Advisors LLC
716.843.3908
dpawlowski@keiadvisors.com
Source: Diversified Restaurant Holdings, Inc.
Yes, SAUC is clearly on the rise now. The company has an excellent business plan and the insider buying was a clear indicator that it was time to come in here. This is another great example of how OTC stocks can give investors a big percentage reward as long as they have enough patience. Wish I had picked up more at the low points but glad to be aboard SAUC now. Looking for more gains to come.
Getting closerrrrrrrrrrrrrr
“In 2017, with our focus solely on the BWW business, we believe we can accelerate our positive momentum and further strengthen our financial performance and balance sheet, and grow shareholder value.”
Bagger Dave’s Spin Off The proposed spinoff of Bagger Dave’s is moving along with the goal to complete the transaction by the end of 2016. Bagger Dave’s filed its Form 10 with the Securities and Exchange Commission (SEC) on October 4, 2016. It is currently under review, so the timing of the spinoff is subject to the DRH’s ability to satisfy the SEC’s requests in a timely manner, which the Company feels confident in achieving.
With all the insider buying, I would guess the spin off is upon us.
Will the sell off continue tomorrow up until the close?
Not very bullish with a 10% drop the day before earnings report.
Diversified Restaurant Holdings Appoints Phyllis A. Knight Chief Financial Officer and Treasurer
David G. Burke named President and CEO as part of succession plan
SOUTHFIELD, Mich., Oct. 24, 2016 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) ("DRH" or the "Company"), the largest franchisee for Buffalo Wild Wings® ("BWW") and creator and operator of Bagger Dave's Burger Tavern® ("Bagger Dave's"), announced that Phyllis A. Knight has joined Diversified Restaurant Holdings, effective today, as Chief Financial Officer and Treasurer. Concurrently, David G. Burke has assumed the role of President and Chief Executive Officer of DRH, and Michael Ansley will continue as Executive Chairman of the Board in accordance in keeping with the previously announced succession plan.
“I am grateful to have had the opportunity to lead this company, and am equally excited about its future,” commented Mr. Ansley. “We have begun the next phase of our strategy, and believe David and Phyllis are the right choices to execute our plans and deliver shareholder value.”
Mr. Burke said, “I am honored to take on this role and look forward to advancing the Company’s strategic priorities as we focus on our highly-successful BWW franchise and further strengthening our balance sheet and profitability.” He added, “We are fortunate to add Phyllis to the team. She is an accomplished executive and her significant experience in finance, operations and capital markets align very well with DRH’s strategic focus.”
Ms. Knight brings more than 30 years of finance, accounting and leadership experience. She has served in several senior executive positions in the manufacturing, home builder and mortgage services industries. She most recently served as EVP and CFO of Polar Corporation, the largest tank trailer manufacturing, parts, and service organization in North America. Prior to that Ms. Knight spent eleven years at Champion Enterprises, Inc. and Champion Enterprises Holdings, LLC, the bulk of which as EVP and CFO. At Champion, she directed all finance functions, including strategic planning, Securities and Exchange Commission reporting, treasury, capital markets, investor relations, cash management, risk management, mergers and acquisitions, and IT. A Certified Public Accountant (inactive license), Ms. Knight began her career at KPMG after earning a Bachelor of Arts degree in Accounting from Michigan State University.
About Diversified Restaurant Holdings, Inc. Diversified Restaurant Holdings, Inc. operates 64 BWW franchised restaurants in key markets in Florida, Illinois, Indiana, Michigan and Missouri. The Company also owns and operates 19 Bagger Dave's restaurants in Indiana, Michigan and Ohio. The Company routinely posts news and other important information on its website at http://www.diversifiedrestaurantholdings.com.
Safe Harbor Statement
The information made available in this news release contains forward-looking statements, which reflect DRH's current view of future events, results of operations, cash flows, performance, business prospects and opportunities. Wherever used, the words "anticipate," "believe," "expect," "intend," "plan," "project," "will continue," "will likely result," "may," and similar expressions identify forward-looking statements as such term is defined in the Securities Exchange Act of 1934. Any such forward-looking statements are subject to risks and uncertainties and the Company's Bagger Dave’s spinoff, actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities could differ materially from historical results or current expectations. Some of these risks include, without limitation, receiving regulatory and other approvals for the spinoff, the impact of economic and industry conditions, competition, food and drug safety issues, store expansion and remodeling, labor relations issues, costs of providing employee benefits, regulatory matters, legal and administrative proceedings, information technology, security, severe weather, natural disasters, accounting matters, other risk factors relating to business or industry and other risks detailed from time to time in the Securities and Exchange Commission filings of DRH. Forward-looking statements contained herein speak only as of the date made and, thus, DRH undertakes no obligation to update or publicly announce the revision of any of the forward-looking statements contained herein to reflect new information, future events, developments or changed circumstances or for any other reason.
For more information, contact:
Investor and Media Contact:
Deborah K. Pawlowski
Kei Advisors LLC
716.843.3908
dpawlowski@keiadvisors.com
Source: Diversified Restaurant Holdings, Inc.
Two Insider Buys SAUC
on 9/16/2016
SAUC will FLY
no one selling all accumulation.
Very nice, slow cookin is the best for this ticker, when its ready its gonna pop bigly
Diversified Restaurant Holdings to Present at Dougherty & Company Institutional Investor Conference
SOUTHFIELD, Mich., Sept. 20, 2016 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) ("DRH" or the "Company"), the largest franchisee for Buffalo Wild Wings® ("BWW") and creator and operator of Bagger Dave's Burger Tavern® ("Bagger Dave's"), announced that Michael Ansley, President and Chief Executive Officer, and David G. Burke, Chief Financial Officer, will present at the Dougherty & Company Institutional Investor Conference in Minneapolis, Minnesota on Wednesday, September 28, 2016.
The DRH presentation is scheduled to begin at 2:35 p.m. CT. A link to the webcast of the presentation, along with presentation materials, will be available at http://www.diversifiedrestaurantholdings.com. An archive of the presentation will be available in the Investors section of the website, along with a transcript once available.
About Diversified Restaurant Holdings, Inc. Diversified Restaurant Holdings, Inc. operates 64 BWW franchised restaurants in key markets in Florida, Illinois, Indiana, Michigan and Missouri. The Company also owns and operates 19 Bagger Dave's restaurants in Indiana, Michigan and Ohio. The Company routinely posts news and other important information on its website at http://www.diversifiedrestaurantholdings.com.
For more information contact:
Investor and Media Contact:
Deborah K. Pawlowski
Kei Advisors LLC
716.843.3908
dpawlowski@keiadvisors.com
Source: Diversified Restaurant Holdings, Inc.
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Diversified Restaurant Holdings, Inc. (NASDAQ: SAUC) ("DRH" or the "Company") operates Buffalo Wild Wings Grill & Bar ("BWW") franchised restaurants in key markets in Indiana, Illinois, Michigan, Missouri and Florida. DRH was named the 2014 Franchisee of the Year and Operator of the Year by Buffalo Wild Wings Inc.
PLEASE NOTE THAT BAGGER DAVE'S HAS BEEN SPUN OFF AND IS NOW A SEPARATE PUBLIC COMPANY THAT WILL TRADE UNDER THE TICKER SYMBOL "BAGD"
The Company also owns and operates Bagger Dave's Burger Tavern, a full-service, family-friendly restaurant and full bar with a casual, comfortable atmosphere specializing in custom-built, proprietary, fresh prime rib recipe burgers, all-natural turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milk shakes, salads, black bean turkey chili, and much more. The Company currently operates company-owned Bagger Dave's restaurants in Michigan, Indiana and Ohio. For more information, visit www.baggerdaves.com.
http://www.diversifiedrestaurantholdings.com/investors/press-releases/press-releases-details/2016/Diversified-Restaurant-Holdings-Completes-Spinoff-of-Bagger-Daves/default.aspx
CORPORATE GOVERNANCE
T. Michael Ansley | Executive Chairman of the Board of Directors |
David G. Burke | President and Chief Executive Officer |
Phyllis A. Knight | Chief Financial Officer and Treasurer |
Jason T. Curtis | Chief Operations Officer |
Our Mission: “DELIGHT our guests” by providing an experience that creates repeat business.
Our Vision: to be the preferred ultra-casual dining destination in our markets
Essential business drivers:
We will accomplish these goals through simplistic standardized processes.
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