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Copyright 2024 Franchisebiblecoach site:
https://franchisebiblecoach.com/franchise-brands.html
shows the Illegal Burger logo in the top row.
I haven't tried to research any of the brands to see how successful they've been, but this suggests that Nixon or this outfit still thinks Illegal Burger has a chance at being a successful franchise brand.
Here's to holding our breath ...
As of now, 32 Google reviews:
https://www.google.com/search?q=%22takiza+taco+%26+tequila+bar%22&sca_esv=1fcb60ee6ef69c6a&biw=1546&bih=625&sxsrf=ACQVn09yLiHL9rcF9y3NCrEV9YHYTlUZvg%3A1710367729202&ei=8SPyZcT7C4Sj5NoPtYuDgAs&ved=0ahUKEwiEuLynoPKEAxWEEVkFHbXFALAQ4dUDCBA&uact=5&oq=%22takiza+taco+%26+tequila+bar%22&gs_lp=Egxnd3Mtd2l6LXNlcnAiGyJ0YWtpemEgdGFjbyAmIHRlcXVpbGEgYmFyIjIEEAAYAzIGEAAYFhgeMgsQABiABBiKBRiGAzILEAAYgAQYigUYhgMyCxAAGIAEGIoFGIYDSMsrUMweWMsmcAF4AJABAJgB8AGgAaUIqgEFMS42LjG4AQPIAQD4AQGYAgWgAvUEmAMAiAYBkgcDMC41oAe0Gg&sclient=gws-wiz-serp&dlnr=1&sei=b6zzZfjdD7KIptQP4fmZoAI#dlnr=1&lrd=0x876b8f679d56f845:0x9bdad3d4d70decef,1,,,,
When sorted by "new", they all gush about the place.
Jason, you wrote:
28 Google reviews (3 more since last post). All 5 stars.
The link under the "START ORDER" button on Kalaka Facebook page is still the wrong one:
https://l.facebook.com/l.php?u=https%3A%2F%2Fkalakamexicankitchen.getbento.com%2Fonline-ordering%2Fkalaka-mexican-kitchen%2Fmenu%3Ffbclid%3DIwAR1S6oBat25yzc2kg_Cxbtt_AV2LkTmkNUktq8Ti97dqzV46-Gw09nc2P30&h=AT3shsooFiXdnWc2w0fADm-GJf3pG94fbRj7pdbnS4PYf6qC6qUVcTQjubuV39qWWyv3os92xZMDOnx1rJxcmmJiu3hvltoY6DOA947Dwwnosa3Jd3mmI3c4BkeZ2rCdx7Xf_Q
but now the *.getbento.com" page is gone.
Looks like BentoBox is finally done with Illegal Burger and Kalaka Mexican Kitchen, but they are supporting www.takiza.com (so far).
Takiza Taco Google review count up to 25 (3 new):
https://www.google.com/search?q=%22takiza+taco+%26+tequila+bar%22&sca_esv=1fcb60ee6ef69c6a&biw=1546&bih=625&sxsrf=ACQVn09yLiHL9rcF9y3NCrEV9YHYTlUZvg%3A1710367729202&ei=8SPyZcT7C4Sj5NoPtYuDgAs&ved=0ahUKEwiEuLynoPKEAxWEEVkFHbXFALAQ4dUDCBA&uact=5&oq=%22takiza+taco+%26+tequila+bar%22&gs_lp=Egxnd3Mtd2l6LXNlcnAiGyJ0YWtpemEgdGFjbyAmIHRlcXVpbGEgYmFyIjIEEAAYAzIGEAAYFhgeMgsQABiABBiKBRiGAzILEAAYgAQYigUYhgMyCxAAGIAEGIoFGIYDSMsrUMweWMsmcAF4AJABAJgB8AGgAaUIqgEFMS42LjG4AQPIAQD4AQGYAgWgAvUEmAMAiAYBkgcDMC41oAe0Gg&sclient=gws-wiz-serp&dlnr=1&sei=b6zzZfjdD7KIptQP4fmZoAI#dlnr=1&lrd=0x876b8f679d56f845:0x9bdad3d4d70decef,1,,,,
4.8 total score
Suggesting people (retail stuck-holders) liquidate now does raise a question or two (why? and why?). Those shares will still exist, although they go into the 'house accounts' of the brokerages.
Does anyone know about trading/holding policies of brokerage 'house accounts,' whether a brokerage might hold a 'dead stock' that comes to life, or dump it right away to get an immediate gain (i.e., buy any amount of liquidated shares for $1, and then sell them at market price as soon as the market for them opens upon relisting)?
Would buying liquidated shares benefit any brokerage that allowed shorting of shares in its account-holders' profiles?
By getting revoked, Nixon took his company private without any official notice to shareholders, let alone an offer to buy-back shares into the company treasury so that it would end up holding a majority of shares and thus become private (again) the 'up front' way.
Since Nixon seems to have avoided notifying shareholders in any way up until now, does anyone know whether Nixon can buy-back shares on the gray market from, say ... brokerages that are holding them, without publicizing those buys? After all, surely Nixon knows who is holding his shares, since that information is a) registered at the DTC, and b) he'd have to know in order to send out notices of any sort to shareholders. He'd know if any brokerages were holding shares, right?
The Takiza Taco main website has fixed the "ORDER ONLINE" button to actually use those words.
https://www.takiza.com/
The button goes here:
https://www.takiza.com/online-ordering/lodo/menu/order-settings
to a pop-up box.
The pop-up box still needs work (it has a "Continue as Pickup" button at the bottom, but it looks like the box is supposed to have more in it, plus an X-out box that is there but invisible -- meaning the cursor changes to a finger-pointer if you put it in the top-right corner where the X-out box should be); BUT, once you click out of the box, the menu itself at this URL (note the continued use of "lodo"):
https://www.takiza.com/online-ordering/lodo/menu
is filled out with orderable items with prices. HOWEVER (there's always a "however" or "but" ...), the item boxes don't all have full descriptions in them.
Progress is in progress ... but too bad they don't know how to do all-at-once staging. This 'still in progress' look isn't professional.
More on 2024 permitting for 1519 Wynkoop St -
Go here:
https://www.buildzoom.com/contractor/single-track-construction-services-llc
and search for "1519". You will see a "Fire - general permit" dated 2024-01-11, status: "plancheck", and a "Building log" entry dated 2024-02-26 with status "filed".
Since neither says "approved", approval is possibly a long way off, but it is proof that the red tape is being worked on for the Takiza Taco place at 1519 Wynkoop St.
Info re Takiza Taco in LODO 2024 lease (and assorted digressions) ...
Follow the link to the PDF
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjKi67Yo_SEAxWaEGIAHXh2ACUQFnoECBsQAQ&url=https%3A%2F%2Fwww.downtowndenver.com%2Fwp-content%2Fuploads%2FHF_Update_January-2024_FINAL.pdf&usg=AOvVaw09d0yU0fmkqXivr1xLCm4b&opi=89978449
Search the PDF for "1519" and find this entry:
F&B Takiza Taco & Tequila Bar 1519 Wynkoop
in the table for "Announced Retail/Restaurant Leases" which is under "Retail Leases Coming Soon - 2024".
The document title is "High Frequency Economic Update/January 2024" from the "Downtown Denver Partnership."
Unfortunately "Coming Soon" doesn't supply 'how soon' dates, but this tends to back up the idea that Nixon is going to open another Takiza Taco place, as announced in 2022, in Lower Downtown (LODO) Denver. But still, it is good news of sorts.
But, I hate to think that Nixon has actually been leasing the Wynkoop St address since 2023 to get it ready while wading through the abyss of Denver restaurant licensing red-tape, which in turn brings me to a point made by Jason (a paraphrase from memory), that Nixon would have to close one of his restaurants to cover the expense of filing his financials.
Obviously Nixon has the money to open this new TT&TB in LODO, and maybe to have been leasing it for quite some time to get it ready. Nixon had the cash to convert the Arvada Illegal Burger into the first TT&TB to open. Nixon had the cash a year+ ago to open the second Kalaka Mexican Kitchen. Nixon had the spare cash to buy, refurbish and reopen the place he turned into El Cazo Mexican Kitchen in 2022, only to close it mid-2023. Nixon also closed the Capitol Hill Illegal Burger and Illegal Pizza in FL. He's now hinted at a new restaurant called Bodega Taco & Margarita Bar. He's also closed the pointless Illegal Brands product lines. (He's also got an LLC for something called Casa Saulsbury.)
Nixon has to pay his IRS (and state) business taxes. It's hard to believe that he doesn't have the audited figures on hand to convert into Edgar (or OTC Markets) filings and the cash to do it.
Brenda Hamilton has recently made a blog post on how companies can go public, however these are all for new issuers. Brenda has never addressed -- or has always skirted around -- Nixon's company that she's been involved with for years, namely how a revoked company that is not a shell and is fully operational can return to the market.
It's also great to see blog posts from Brenda about toxic death-spiral financiers of various sorts getting their just desserts in prison cafeterias, but what about someone like Nixon who simply stopped filing, and made his company 'private' without a proper buy-out offer to his shareholders? Sure Nixon maybe deserves a tear shed for having been hosed by guys who are now in jail for diluting his stock with shady convertible notes, but again, he's open and operating.
To Brenda: How does Nixon get a 100% free pass from responsibility to his common stock share holders? Or are you working on a blog post about how a guy like Nixon deserves absolution from the guilt that put his financiers in jail since he took their money for convertible notes in the first place?
Given that my reply to a now-deleted post was meant to be in jest to what also seemed to be a humorous suggestion, it's a shame to see that that post was deleted. I've even forgotten who it was from in the first place (sorry about that).
Did we lose a poster and all of his posts?
Well ... not only is that an even more enticing offer than merely becoming a VIP to "be the first to receive updates on exclusive events, secret menus, special offers/discounts, loyalty rewards & more!", but I see you are expressing confidence that one day Nixon will actually fix the "FRANCHISING INFO" button at the bottom of the www.illegalburger.com website's main page.
It's good to see a little more positive thinking around here!
There's your problem, Joe, we've been waiting for you to say it "ad infinitum".
That's an astute observation from careful parsing ...
Jason, you are in a privileged position. Jim Nixon doesn't answer people he doesn't know or return anyone's calls.
Since you are Jim's friend, can you please cajole him into informing his shareholders about the state of the company and the future of its stock so that they can make an informed decision to hold or liquidate? Since you think so highly of Jim as an ethical businessman, can you induce him to make such a statement for ethical reasons?
As you say, the stock is dead, but we can all see that the company is not. How can Jim, as an ethical businessman with a desire 'to make things right' continue to operate and expand his company while denying its shareholders the opportunity to do more than liquidate their shares as a tax write-off?
21 mostly 5-star Google reviews now:
https://www.google.com/search?q=%22takiza+taco+%26+tequila+bar%22+%222024%22&sca_esv=1fcb60ee6ef69c6a&sxsrf=ACQVn0-ln26pXpSeNaOzVv1vc8u3OsYaAA:1709824917911&filter=0&biw=1690&bih=704&dpr=1&dlnr=1&sei=sVfrZfWGKYKgptQP5bOz4Aw#dlnr=1&lrd=0x876b8f679d56f845:0x9bdad3d4d70decef,1,,,,
If you click on 'newest' (ordering selector), the latest is this one (an hour ago):
Takiza Taco online ordering is stumbling forward ...
There is a new button on the www.takiza.com site -- top far right -- that currently says "MENU" (black text on white-button background). If you press it, it goes here:
https://www.takiza.com/online-ordering/ (then to ...)
https://www.takiza.com/online-ordering/lodo/menu/order-settings
It appears to be an operating order menu. (Over the last several days I've been looking at it with a hand-entered URL, and have noticed that the number of items that said "Missing ..." were going down. Yesterday there was only one.)
The 'glitch' is that the button is only called "MENU", with the following two other options to the left: "MENU" "ABOUT".
I've mentioned this before, but "lodo" is in the URL string. At first glance that seems to suggest that Nixon will open the LODO location, but actually the website framework isn't properly coded, since you can literally replace "lodo" with "anything", like this:
https://www.takiza.com/online-ordering/anything/menu/order-settings
and you get the same menu.
It's good to see them moving forward, but Nixon really should pay grown-ups to do his IT work, and not kids who can't stay off their phones long enough to fix the very obvious user-interface errors.
The "Start Order" buttons on the Facebook pages for Illegal Burger and Kalaka Mexican Kitchen still do not point to the new order pages on the main websites.
Also, the Facebook page for Takiza Taco & Tequila Bar, while existing, still isn't really 'up':
https://www.facebook.com/profile.php?id=61556416209999
But some progress, despite flaws, is better than none.
18 Google Reviews so far.
Most are 5 star, but one from yesterday calls them out (3 star only) as follows:
To BRB - ah! Nevermind then ...
Since WCVC is revoked and no one can trade it, except for those who drop in ONLY to put down others, I tend to take what they say at face value until there's reason to doubt (aside from the whole you-cant-trust-anyone-on-the-internet thing).
Re food exported outside the USA - I was under the impression that it was better than what is served inside the USA, but maybe it only applied to salt content (=lots more in the USA):
https://www.mashed.com/1326515/difference-between-american-european-fast-food-ingredient/
Re Nixon Restaurant Group in Canada - so far I've only found what I've posted about, meaning no more detail on real people who have done the filings. But I haven't tried to find province-specific search engines like there are state-specific search engines in (some) US states.
There is an "Illegal Burger" in Norway, but I'm pretty sure it is unrelated to Nixon. "Nixon Restaurant Group" by its name obviously looks less coincidental, but if Nixon can't get out of Colorado, how would it be easier to startup in Canada?
Re market makers and their fees --
Once a stock is on the market, market makers make their money from trades.
For a stock to get on the market in the first place, however, an initial market maker has to be found who agrees to 'make a market' for the stock. That requires the market maker to have inspected the stock's financials so that 'he' can, in turn, vouch for the stock that he agrees to start making a market for (i.e., be a middle-man who facilitates the trades). Once an initial market maker (MM) has done the due diligence, there's a rule that says others can 'piggy-back' off the work of the first MM.
The work that has to be done by the first MM probably has to be paid for, especially since that first MM has a lot to lose if he is found guilty of making a market on a 'bad stock.' MMs can be fined and sanctioned by FINRA, which includes having their credentials to be a MM (or broker-dealer) pulled.
To BrownRickRoss re Canada and other things ...
First, an apology if my previous post that replied to you (re T53) seemed to come down hard on you personally. The posting software only allows 15 minutes for edits, and on minute 16 I realized that it probably came across that way. (It was a long day, with no opportunity to post earlier, and I was on my way to bed at minute 17.)
It's valid to question whether any prediction 'can be trusted,' just as it's valid to question a weather prediction. However, your post was within a chain calling T53 a liar (questioning whether he was purposely not being truthful), where motives, not methods were the issue.
I appreciate your posts, so again, I apologize for making my post a reply to you rather than something stand-alone.
Second, re Canada -- do you happen to know anything about Nixon Restaurant Group in Canada? I don't know anything about it other than that some database lists it as existing and has a 'current' status.
Third, you asked Jason: "Do you think he would sell the ticker to a custodian that can reverse merge with a new company?"
Can you explain more about who such a custodian might be, why Nixon might want to do that, and then what advantage the reverse merge would have over getting caught up on filings and etc? [I can guess about that last one, that it would be similar to why Nixon did a reverse-merge in the first place, but I tend to assume others always know more than I do, which is usually the case.]
When Nixon moved West Coast Ventures Group Corp to Florida the day before its revocation was posted on Edgar, the filings (actually the amendment) shows that it had the same share structure as it had in its previous location (NV, I think, although always run from a CO office). Turning your question into statement of strategy, how would that fix -- or in some way address -- the share structure for those who hold common shares now? Or is the idea simply that it would be a relatively cheap way to get back to trading, where current share-holders would hope its return to trading would be enough to 'put wind in its sales'?
To Jason re 'make it right' & 'reverse merger' and Nixon Restaurant Group stuff ...
First, I add my thanks for conveying Nixon's statement to "make it right." "It might take a while" is understandable, but when was his starting point?
Re 'reverse merger' -- my next question isn't about that (as though he would do the same thing with WCVC and a new 'shell' that he did with NRG and the old WCVC shell); rather, what are Nixon's plans about the relationship between Nixon Restaurant Group and West Coast Ventures Group Corp?
The revocation of the WCVC ticker was filed/effective on 2022-02-24:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001551906&owner=exclude
The day before, at least on-paper, Nixon moved West Coast Ventures Group Corp to Florida
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=WESTCOASTVENTURESGROUP%20P220000150360&aggregateId=domp-p22000015036-399e64f0-1753-473d-8595-f108b0be115f&searchTerm=west%20coast%20ventures%20group&listNameOrder=WESTCOASTVENTURESGROUP%20P220000150360
via an 02/23/2022 state filing (followed by an amendment on 03/02/2022).
Nixon filed his 2022 Florida annual report for Nixon Restaurant Group on 01/25/2022, and the next year filed the report for NRG on 03/07/2023. (This 2023 filing announced Hamilton & Associates was its new agent.)
Nixon did NOT file a 2023 Florida report for West Coast Ventures Group Corp at all, so it went into administrative dissolution in Florida, although Nixon has kept the West Coast Ventures Group Corp 'foreign branch' in Colorado current. The last two filing dates are 03/23/2022 and 06/27/2023 .
Looking at the filing dates history (go here and then click the "Filing history and documents" link)
https://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityResults&nameTyp=ENT&masterFileId=20171773295&entityId2=20171773295&fileId=20171773295&srchTyp=ENTITY
he was often late, and even once past due/expired that required 'curing', but essentially its status has been continuously current.
This long-winded lookback leads to the actual question: since the Florida 'parent company' West Coast Ventures Group Corp was dissolved, but its wholly-owned subsidiary Nixon Restaurant Group, Inc., was not, is Nixon going to somehow reverse the parent-subsidiary relationship (for whatever good will come of that)?
Last year Nixon took down his www.westcoastventuresgroupcorp.com website and apparently gave up the URL which was scooped up by an Asian on-line gambling operation that turned the URL into a redirect, that currently points to another scooped-up URL (see this redirect checker):
https://www.whatsmydns.net/redirect-checker?q=www.westcoastventuresgroupcorp.com
It looks like Nixon has abandoned the idea of maintaining the West Coast Ventures Group Corp parent corporation for an assortment of 'ventures' and is going to make his original company, Nixon Restaurant Group, 'it', for whatever 'it' is.
Nixon has also kept up his NRG 'branch' filings in Colorado:
https://opencorporates.com/companies/us_co/20161116785
(updated 23 Jan 2024).
And speaking of NRG being 'it' ... sort of ...
Just last week I learned that there is a Nixon Restaurant Group, Inc in Canada:
https://opencorporates.com/companies/ca_on/1000226810
that was formed in June 2022.
Maybe it's just a coincidence, but people who have posted here say they are from Canada and bought WCVC shares while it was on the Expert Market.
One last thing for now -- There is also a Nixon Restaurant Corp (not Group):
https://opencorporates.com/companies/us_co/20201114430
that was formed in Feb 2020, and has been kept up to date as of Jan 2024. It is a Colorado 'for profit' corporation. I have not yet found any other evidence of its activities, but Google is my main search engine.
(This should not be confused with the Nixon Restaurant Corp in Pittsburgh, PA, that opened a new nightclub in 1955. I got the Google-search hit on the newspaper clipping just now: https://www.newspapers.com/article/pittsburgh-sun-telegraph-cecelia-owned-a/139328282/ )
I checked the 2020-07-02 10-K Edgar filing and there was no mention of the Nixon Restaurant Corp. 2020 was the last year Nixon filed anything with Edgar.
I a) mostly only defend myself (when necessary) and b) usually don't get involved with defending others on a personal level (=they can do a better job of defending and speaking for themselves), but I'll say this about T53 --
For more than the last year, I have frequently spoken with T53 privately. He has invested more than I have in WCVC, although I bought in earlier than he did. He and I have different ways of looking at WCVC (and all other stocks he has invested in), but he is always "truthful," by which I mean that I've never seen him deliberately lie.
He mostly analyses trading patterns using charts -- based on his personal experience with them -- and makes his predictions based on them.
To draw a parallel: weather reports are predictions based on analyzing historical behavior of how weather patterns behave. They may be 100% spot on, especially when given for 'day of' or the 'day before'; but they can also be wrong (i.e., the weather can be better or worse than predicted). When a weather report is wrong, it isn't a "lie." It was simply a 'best guess' that didn't account for every physical factor that made the actual weather what it was on the predicted day.
T53s methods are similar. He wins some, and loses some, but he believes that in the long run his analysis is worth 'betting on.' His postings mean that he is confident in his opinions; but so are weather reporters.
I see people post that T53 is a pumper and a liar. My personal interaction with T53 tells me that those who call him a liar should not be trusted since they obviously have not made any attempt to know the man in person. No one is perfect, but people who call others liars must meet a high bar of credibility themselves.
Re "Form 10(s)"/Jason
Jason, you wrote:
Jason, thanks again.
'There are things you can't discuss for ethical/legal reasons.' The ethical stuff signals that you are an upright guy. The legal stuff suggests things are going on that cannot be made public at this time. Obviously people don't discuss details of 'bad legal things,' but 'good legal things' are also kept confidential until the right time.
Re Brenda Hamilton - we (the ihub group) know she was Nixon's agent for Nixon Restaurant Group in Florida for a year before NRG was reverse-merged into WCVC to go public. Then she stopped being agent (just before the reverse merger), and then she was listed as agent for NRG again last year (March 7, 2023).
Re Jim being "puzzled" that you mentioned her -- was that because her working for him really means no big deal is happening that she is helping him with, or because he didn't want to let on that her working for him IS a big deal, and he played dumb that you raised her name (i.e., 'how would you know about her?' - as if he couldn't imagine that people would see that her name showed up in his Florida state filing for NRG)?
If Hamilton has been working with Nixon for all the in-between years, it's a) not a good thing that she couldn't steer him clear of all the bad guys in the first place, but b) maybe he made his own decisions but then she helped him deal with the fallout re the SEC/FBI stings. But still, to on-lookers like those in this group, since she advertises herself as a 'go public' lawyer, why did Nixon put her name out there as his NRG agent last year? Not to over-inflate her reputation, but if a person/firm hires some-big-name-lawyer and lets the public know about it, it means something.
Re Form 10/return-to-SEC-filing being expensive, and too expensive for now -- yeah, we sort of knew that. But is that why he let himself be revoked in the first place, because it was too expensive to keep his filings current? Between the time he last filed with Edgar (to say his 10-Q would be late) and the time he got revoked, a year went by and his O/S doubled from roughly 3.4B to 7B. Was that also due to the (or more) "convertible debt bastards"? If so, have they been caught and punished, since that wasn't that long ago? Aside from prison, don't penalties include forced disgorgement of ill-gotten gains? Did Nixon get anything back?
Getting back to the trading topic, we also know that the OTC-alternative reporting method is possible, and Brenda Hamilton has submitted attorney letters for other companies that either allowed them to return to trading or to keep trading. How expensive is that alternative?
One attorney made a blog-post that indicated that a company could return to trading by a) getting its filings caught up and b) pleading 'special circumstances'. I don't know the details about that, but it sounded almost like a 'get-out-of-revocation-almost-for-free' approach, if the SEC is in a good mood.
Thanks in advance for a) checking out Takiza in Arvada (and posting a good Google review), and b) seeing if there's anything going on behind the glass on Wynkoop St. Hopefully the glass on Wynkoop St still isn't obscured by permitting red tape.
Jason - thanks.
I think most of us appreciate the back-story about the bad guys getting caught and jailed. Your respect for Nixon indicates that you don't think he is a crook, even though somehow he got taken advantage of by crooks.
Your opinion about Takiza is worth something. I don't think it is a surprise that it's expensive small portions. Someone else commented on that a year ago. But shrink-flation is all the rage. Hopefully what he offers is as good as the few Google reviews say it is. People in the Denver area must have the money to burn, and the reviews say they are happy to do so at his place.
This is not an argument, but I notice that you don't actually mention anything about what Nixon said to you about his future plans. In fact -- and this also isn't a dig -- there's a lot you don't talk about.
You don't directly talk about relisting plans from Nixon's mouth, or why he let himself get revoked, or why he hired Brenda Hamilton, or what happened with Ilegal Mezcal and the trademark case (and why he has scaled back his Illegal Brands products), or why Nixon Restaurant Group is still registered in Florida but Nixon let West Coast Ventures Group Corp get administratively dissolved after moving it to Florida, or whether Nixon is going to open a second Takiza Taco place on Wynkoop St, or what his franchising plans are, ... and so many other things that inquiring minds what to know.
You said, "Should the stock re-open, I'll trade it accordingly ..." which isn't assurance that Nixon said it will re-open, but conversely it isn't as dogmatically down as frequent posters here say it is ('It's dead and will never relist'). You mention that Amazon and Starbucks "took a decade to get moving," so that won't make the penny-flippers happy. But still, it suggests that you think Nixon will continue to stick it out like they did.
You say, "... WCVC short squeeze long would put me well over the top. Well over the top." which also indicates that you think that relisting is a possibility.
You wrote, "there is NO institutional demand for WCVC," but how could there be since it is revoked? But if a "short squeeze" isn't entirely unthinkable, what would drive that short squeeze?
Thanks for your contributions, and anything else you want to contribute as an expert trader. If you can't say certain things because it's insider information, or can't even say "I can't say anything" which might suggest you possess insider information, that's OK. But hey, if you can just mosey over to Wynkoop St and take a look at what's going on at 1519, that would be great.
Regards,
...
A Canada corp - 'Old news' that's new to me:
https://opencorporates.com/companies/ca_on/1000226810
There is a Nixon Restaurant Group, Inc in Canada, that was incorporated in 2022. I followed a link to a search-Canadian-business thing, and it says the status is Active.
1 & 2 are valid reasons for him to have met with Nixon in person.
Re 3 - "it isn't insider trading"; true, but it is insider information, what has not been made public.
Shareholders do have one option to 'trade,' namely, to liquidate for nothing, and put their shares into the hands of their broker. 'Bad news' may shake some shareholders into liquidating, although maybe doing so early in the year isn't the best time to do so.
I'm not saying Jason has this motive, but only making a technical point.
I'd like to see Jason expand on his 'news'. Why mention so little when there is apparently more to say, unless Nixon didn't actually say anything to him at all? With so much high expectation, no news seems like bad news.
Bearish, eh? So ... what did Nixon say? Your post implies he's not returning to public trading, or if he does it won't be good.
Is this because, as an original investor, you won't get your money back due to dilution (not a dig here), or that the stock won't come back at all or otherwise make money for any investor, even those who got in at sub-penny levels?
Takiza Taco Google reviews - not many, but good so far.
Enter into Google search:
"takiza taco & tequila bar" "reviews"
Then click on the "Google reviews" or "See all reviews" link (depending on your device).
One review seems to be from a local businessman that cheered them on as a much-needed restaurant in Arvada.
There must be a 'food court dynamic'; on the one hand another restaurant introduces competition with others, but on the other hand, more restaurants attract customers to the area looking for something that strikes their fancy, where the more choice the better.
Burgers will almost always be an eat-out staple, but there is probably a saturation limit for them. Good for Nixon if he is keeping up with dining trends in that area.
Now, if only he'd return to trading, filing his financials to show how profitable his businesses are. If he wants to franchise, since he is still a small company, it's hard to imagine anyone wanting to take a chance buying a franchise without seeing his financials.
Don't companies usually issue shares to large -- or at least a relative few -- investors who then make their money back (plus profit) by selling into the retail market? If so, Nixon isn't going to make 'tons of money' from retail buyers, but rather from the profits from his business that includes from expanding his business. [Nixon's company isn't a shell that only makes its money by creating and dumping worthless shares.]
Those who 'dump shares' are either the original/large investors who think its time to get out (not actually a good thing for retail buyers) or from toxic financiers who loan relatively small amounts and then 'dump shares' that are converted at obscene discount rates.
Don't get me wrong -- I believe Nixon does owe his retail shareholders a duty to file and report, but he won't file just to make 'tons of money.' However, if he files, he will do so for strategic reasons that are 'business positive' for him, that will have the side-effect of making retail shareholders money. If anything, it might make his company look good enough to attract 'real investors' that will hold to make long-term profit.
FYI - The Takiza Facebook page:
https://www.facebook.com/profile.php?id=61556416209999&mibextid=LQQJ4d
isn't really 'ready to go', but it has a phone number ((303) 906-8929) that is different than the one that shows up on Google ((303) 862-4181).
The Google number is definitely the Takiza Taco place.
If you look up the number currently being shown on Facebook using this reverse phone # lookup site:
https://www.truepeoplesearch.com/resultphone?phoneno=(303)906-8929
there are a couple of interesting possible owners of the number.
The "More v" button on the top option-bar for both Illegal Burger and Kalaka's main pages:
https://www.kalakamexicankitchen.com/
https://www.illegalburger.com/
seems to be fixed, or I didn't notice that its appearance is dynamic based on browser window width. If you narrow the width enough, it appears to replace squeezed out options into a drop-down.
In retrospect, they did a good job handling window resizing.
FWIW, there are differences in the option bar choices on the two sites, at least a few of which seem pointless, if not egregious.
For ILLEGAL BURGER's top-page option-bar:
ORDER NOW
LOCATIONS
MENUS
ABOUT
ILLEGAL BURGER (centered on page, =back to main page)
PRIVATE EVENTS
CATERING
SIGN IN (this should probably be last)
BECOME A VIP
For KALAKA's top-page option-bar:
KALAKA MEXICAN KITCHEN LOGO (far left, = return to main page)
ORDER NOW
LOCATIONS & MENUS (note: one button instead of two)
UPCOMING EVENTS
CATERING
PRIVATE EVENTS
GIFT CARDS (missing on Illegal Burger)
CONTACT (missing on Illegal Burger)
BECOME A VIP
SIGN IN (I think it's becoming 'standard' for sign-in to be at the end)
Just IMHO, the Kalaka top-of-page is better.
The Kalaka page also offers these helpful options that Illegal Burger does not:
UPCOMING EVENTS -- click on it and you see a page that today has info on the March 7 "Happy Hour".
When you scroll down the page you see:
"lodo" in URLs - ambiguity ...
A 'bing' search on "Takiza Taco & Tequila Bar" just now returned this result:
https://www.takiza.com/location/lodo/
There is no "location" selector on the current www.takiza.com main page, but the search engine dug this URL out.
However, there is no multi-location selector or multiple locations on the page, but only text for the current location in Arvada:
"Takiza Taco & Tequila Bar" (with the "&") was filed as a Trade name on Feb 24, 2024:
https://www.sos.state.co.us/biz/TradeNameSummary.do?quitButtonDestination=BusinessEntityResults&nameTyp=TRDNM&masterFileId=20241185518&entityId2=20241185518&fileId=20241185518&srchTyp=TRDNM
The true name is "illegal burger LLC" (note the lower-case letters).
That LLC is documented here:
https://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityResults&nameTyp=ENT&masterFileId=20131327104&entityId2=20131327104&fileId=20131327104&srchTyp=ENTITY
It was formed in 2013, and last updated 4/27/2023.
Not a 'big deal', but it shows Nixon is keeping track of his "and"s and "&"s.
I often wondered what use the LLC with all lower-case letters would have.
Assorted comments on website connects and disconnects ...
The headline story re websites so far is:
www.takiza.com - 'Now Open' (powered by BentoBox)
www.illegalburger.com - New look and feel (change: powered by POPMENU)
www.kalakamexicankitched.com - New look and feel (change: powered by POPMENU)
PROS & CONS
The PROS all fall under the general classification of 'things are moving forward'.
For the most part, I like the look of the POPMENU sites, but I think that the BentoBox pages seemed a little less ... cluttery. The BentoBox style is simpler in a good way (I think); less 'optical assault.' But still, the new stuff is OK enough.
I am curious to know a) why they changed to POPMENU, and b) why they are still using BentoBox for Takiza Taco, but we'll see what the future holds.
CONS (where that includes 'disCONnects' that will hopefully be fixed soon enough) --
If you use Google Search (using the quotes) in a wide-enough browser window:
"Takiza Taco & Tequila Bar"
you will see (or I see):
1) The first result is to the now open www.takiza.com site (with an assortment of sub-pages); and
2) The 'Google info/review' box on the right-hand side.
In the info/review box, if you click on "reviews" you can see 6 reviews (5 of which are post-opening; 1 was a pre-opening 'skirmish') in the review popup box.
You can also see, at the bottom of the info/review box links to Facebook and Instagram pages for Takiza Taco.
That is 'good' in that they exist, but 'bad' in that they aren't fully cross-connected with the www.takiza.com main webpage.
https://www.facebook.com/profile.php?id=61556416209999&mibextid=LQQJ4d
https://www.instagram.com/takizatacotequilabar/
If you have a Facebook account, you can see and post-to the page. That page does NOT yet contain references back to www.takiza.com (except in the one comment made by someone who discovered the page on Feb 20).
The Instagram page (with pictures):
https://www.instagram.com/takizatacotequilabar/
shows the building front (it used to be an Illegal Burger), plus the Takiza square graphic logo. As of this moment, it already has 64 followers. It has a reference to takiza.com.
The www.takiza.com site does NOT yet display any cross-links to the social media pages.
BUT, we already know that the takiza.com site is a work-in-progress because on-line ordering isn't set up yet. However, we know they are working on it because if you go here:
https://www.takiza.com/online-ordering/
it no longer shows the 'not set up go back to the main-page' page, but instead takes you here:
https://www.takiza.com/online-ordering/lodo/menu/order-settings
This has a pop-up disclaimer about not being ready yet, but you can a) see a menu with prices, and b) see the curious give-away that it says "lodo" in the string, which suggests that they are opening the LODO site (unless this is a goof, but that seems questionable).
--
The Kalaka main page:
https://www.kalakamexicankitchen.com/
seems more complete than the Illegal Burger page. It has social media links to Facebook, Instagram, and TikTok (which is new!), and seems to have on-line ordering under control, with a single "ORDER NOW" button at the top which is all that is needed. [There is a non-scrollable set of spelled-out options at the top which I MUCH prefer than the mysterious three-dashed-lines on the old site that you had to know meant options if-you-click-here.]
The Kalaka Facebook page, however, still has not updated the links underlying the "Start Order" button to point to the order framework that the parent website supports. Instead it uses a now (apparently, or soon-to-be) defunct link to a "getbento.com" framework:
https://kalakamexicankitchen.getbento.com/online-ordering/
That might still work -- and maybe they are keeping it for a reason -- but it's an inconsistency. (It doesn't look bad, though.)
--
The Illegal Burger main page and Facebook page are more ... messy.
The main page shoves an "Order Now" popup box in your face when you go to it, as if that feature was new. When you X out of the popup box, you can scroll down the page, but in addition to providing a non-scrollable command bar with an "ORDER ONLINE" button, it then gives you two more opportunities to "ORDER NOW" and "ORDER" while scrolling.
Sure, the 'order online' function is important ... BUT it seems a bit desperate, plus visually messy (unlike the Kalaka page) to do that those two extra times.
I DO, however give them points for finally -- and I do mean FINALLY -- getting rid of that stupid "SHOP" option so that you could shop for hoodies and caps that sport the "Illegal Brands" logo. This is a good thing, I think, as it not only puts to bed a pointless product line, but perhaps indicates that they have 'given ground' to Ilegal Mezcal and their promotion of their mezcal as "the illegal brand" of mezcal.
I still give them thumbs down for:
1) the "Press" page that shows out-of-date 'press releases' and
2) the red "FRANCHISING INFO" button that goes to a non-existent page (franchise.illegalburger.com), and
3) the new-look main page has NO social media links (yet). That is a regression (except that not linking to Twitter probably doesn't matter).
There is also a 'glitch' in their non-scrollable top-of-page command bar. When I refresh the page, I briefly see a "More v" option that disappears once the page refresh is finished. Actually, this same glitch now happens with the Kalaka main page (I just noticed this -- it used to remain after the refresh). On the Kalaka page, the "More v" option let you buy gift-cards. Maybe that isn't ready on both sites, but you can still see the 'ghost' of its existence.
One final 'bug' to point out is that the "Start Order" button on the Illegal Burger Facebook page goes here:
https://www.illegalburger.com/order-online
which is no longer supported, so brings you to a "Sorry ..." page, which means the website framework knows you are in the parent domain, but doesn't know where to send you. It's a useless shrug -- it doesn't even take you to the main page in a few seconds -- that hopefully they will fix soon.
--
One last positive thing is that both sites (Illegal Burger and Kalaka) provide maps of where the locations are. No doubt that will cut down on 'oops I picked the wrong location' errors.
BUT, it limits the scope of both restaurants to the Denver area.
Maybe one day we will see a "select your state" option first. Wouldn't that be something!
The Takiza Taco online ordering framework is almost there.
First go here (which I'm doing on my PC browser, meaning I don't know what you'll see on a phone):
https://www.takiza.com/online-ordering/
This is a URL-by-hand-edit based on what I was seeing on the Illegal Burger and Kalaka sites when they were powered by GetBento.com, and ordering URLs were being exposed on their respective Facebook sites, liked to the "START ORDER" buttons.
A couple of things happen/are worth noticing.
The first thing that is noticeable is the popup notice that says:
Good spotting. www.takiza.com also says 'now open.'
(I've been on-the-road/out-of-town with limited network access. I just saw this myself.)
They do not appear to have call-ahead/take-out set up yet.
I also haven't found a Facebook page for them. The parent page doesn't have any social media links.
--
Note:
illegalburger.com does NOT appear to have social media links on it yet, although a pop-up box invites people to become VIP members via their Facebook or Google account.
kalakamexicankitchen.com has the same pop-up box VIP invitation, but has social media links for Facebook, Instagram, and TikTok.
It's vewy vewy quiet here. Is everyone out hunting wabbits?
Or having ihub access problems?
popmenu vs bentobox ...
The two new Illegal Burger and Kalaka Mexican Kitchen sites both say they are now 'made with love/heart-icon by popmenu'.
The "Start Order" button for the Kalaka Facebook page still points to sites with the getbento.com domain.
The "Start Order" link on the Illegal Burger Facebook page points to
www.illegalburger.com/order-online
which is now 'broken' in that the sub-page doesn't exist, but the framework knows there was an 'oops' and says "Sorry ... return to main page" within the new (popmenu) framework.
The former 'hidden page:
https://www.illegalburger.com/online-ordering
that used to go to a getbento.com domain page doesn't work any longer, but also goes to the "Sorry ... " page.
I guess they mostly gave BentoBox the boot ... except that the current www.takiza.com placeholder main page still says it is powered by BentoBox.
The Franchising button is currently broken ...
A fellow feature checker pointed out that the red "FRANCHISING INFO" button points to a URL that isn't working:
https://franchise.illegalburger.com/
My browser remembers the existence of the following link:
https://www.illegalburger.com/franchising
but that doesn't work either (however, the page behavior is polite; it knows the page doesn't exist, says "Sorry ..." and helpfully offers a button to take me back to the main page; very classy).
There is no franchising info button on the Kalaka site.