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BUNZQ ask super thin... volume increasing
Schlotzsky's Deli was once bankrupt. Now, under new ownership and a new marketing plan, it is poised for its most ambitious expansion effort to date.
It’s been nearly 40 years—many successful, but more recently it’s been a struggle—since Schlotzsky’s Deli opened in Austin, Texas. Now, having grown into an international franchise chain with 350 stores in 35 states and six foreign countries, it’s poised for its largest expansion since emerging from bankruptcy.
Company officials said the company has turned the corner from the woes of the last decade, when the company filed for bankruptcy protection amid embattled leadership and slumping sales. Schlotzsky’s is undergoing a dramatic rejuvenation, which includes making over its stores and continuing a partnership with Cinnabon and Carvel Ice Cream to sell their wares. Along with that, the company is working to rebrand its image through advertising and, most importantly, to double its size to 700 stores in five years.
“About the only thing that hasn’t changed about the brand is our food. That won’t ever change,” Schlotzsky’s president Kelly Roddy said. “Our entire team has worked extremely hard to get us here.”
The catalyst? Company officials and independent food-industry experts point to the acquisition of Schlotzsky’s in late 2006 by Focus Brands Inc., the franchisor and operator of more than 2,200 locations in the United States and 34 foreign countries under the brand names Carvel, Cinnabon, Moe’s Southwest Grill, and Seattle’s Best Coffee. It was the second time that Schlotzsky’s had been sold recently, resulting in a shaky public image that Focus Brands has worked a few years to improve.
“It’s a brand to watch and keep an eye out for,” said Melissa Wilson, a principal at Technomic Inc., a Chicago-based food-research firm. “Schlotzsky’s has been able to keep sales up during the recession, so that says a lot about its potential as the economy starts improving.”
Founded in 1971 by Don and Dolores Dissman, Schlotzsky’s initial menu consisted of one sandwich of mixed meats, cheeses, and black olives, toasted on a freshly made sourdough bun, called “The Original” and based on the muffuletta.
Ten years later, real estate investors John and Jeff Wooley and Gary Bradley bought the company for less than $3 million. In 1982, Bradley split with the Wooleys, who kept Schlotzsky’s. The Wooleys expanded Schlotzsky’s menu, took the company public, and saw the chain peak in 2001 with 759 stores and more than $400 million in sales. But after the company posted losses, Schlotzsky’s board of directors pressured the Wooleys to step down and resign from the board in July 2004.
Schlotzsky’s filed for Chapter 11 bankruptcy protection in August 2004, and its stock was delisted from the Nasdaq. The number of locations fell to 445 when the assets of the company were sold for $28.5 million at auction in December 2004 to Bobby Cox Cos. Inc., which two years later sold the company to Focus Brands. A year after the acquisition, Focus Brands picked Roddy as brand president for Schlotzsky’s, who most recently was director of retail operations for another successful Texas-based chain, H.E. Butt Grocery Co.
Roddy has helped orchestrate a makeover for the restaurant—alluding to the round shape of its famous sandwich, with circular tables, lighting structures, and general decor—that’s under way across the country, with plans to have all existing restaurants renovated by 2011.
Meanwhile, the brand has launched a campaign with a new slogan, “All 'Round Lotz Better.” Before now, the company has had two major marketing slogans in its history: “Just One Sandwich, It’s That Good” and later, “Funny Name, Serious Sandwich.”
Focus Brands last year also started rolling out Cinnabon Express and Carvel Ice Cream kiosks at 50 Schlotzsky’s stores, and all 50 new franchisees that will open Schlotzsky’s stores in 2010 have requested the co-branded model, Roddy said.
Co-branding is seen as efficient in the industry because it enables cohabiting chains to save on construction and overhead costs by sharing a location. It’s nothing new in the restaurant industry. Yum! Brands Inc. has married KFC, Taco Bell, and Pizza Hut—and separately, A&W Restaurants with Long John Silvers’—for years. But Wilson points out that Cinnabon and Carvel’s dessert items complement Schlotzsky’s menu, while Pizza Hut and Taco Bell are competing for the same customer’s main meal.
Roddy said Schlotzsky’s is targeting markets in Texas and untapped markets such as Atlanta; St. Louis and Kansas City, Missouri; Raleigh and Charlotte, North Carolina; and Florida; as well as markets in Asia.
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BUNZQ looking good - more volume, this could fly over a buck in my opinion
BUNZQ - good call - not done yet imo
Agreed..That sounds more realistic to me. Different share structure than Vermillion. But, $2-3 potential is still huge.
Impressive close - held up there at the .30 range. Next week should be interesting. GLTA
I think they are completely closed tomorrow. Maybe a Monday gapup !
L2 update.
Good bid support and the 7's look thin. One left at .068 on the ask.
Ask 1@ .068, 1@.07, 1@.073, 2 @.0745, then 8's 9's, etc
Bid 1@.0672, 1 @.0671, 1 @ .067, 1 at .0665.....
250K, 389K, 592K share buys at the ASK, impressive I must say
Massive buys coming in, such as the 365K buy at .0585. That's huge, somebody knows something ....
Dutch Gold Subsidiary, Aultra Gold, Inc., Closes Merger With Shamika Gold, Inc., Taking Position in Emerging Junior Gold Miner in the DRC
ATLANTA, Mar 26, 2010 (GlobeNewswire via COMTEX) -- Dutch Gold Resources, Inc. (Pink Sheets:DGRI) (the "Company") (http://dutchgold.com) is pleased to announce that its publicly traded subsidiary, Aultra Gold, Inc. (AGDI 0.02, +0.01, +114.29%) has consummated its strategy to acquire Shamika Gold, Inc. ("SGI"), a spinoff from Shamika Resources, Inc., with significant mineral holdings in the Democratic Republic of the Congo. The transaction was consummated as a reverse acquisition and after a name change to Shamika 2 Gold, Inc., Aultra Gold will be the surviving company.
Shamika Gold, Inc. has significant holdings in the Kilo Moto Greenstone Belt, where over thirty international mining companies have begun exploration and development. SGI has property that is surrounded by Kilo Goldmines, and is located near projects which are controlled by Rangold Resources, Ltd. Rangold and AngloGold-Ashanti have announced their interest in the area in October of 2009.
Robert Vivian, founder of Shamika Resources, was appointed as the new CEO of Aultra Gold, Inc. Mr. Vivian stated, "We are pleased to announce that our spinoff of the high potential gold properties has been completed. The Company is pleased to enter the public capital markets through Dutch Gold's subsidiary. Our management team and directors are excited to deliver value to our shareholders through our projects in the Democratic Republic of the Congo."
"We are particularly pleased with the transaction," commented Daniel Hollis, Chairman and CEO of Dutch Gold. He explained, "Shamika Gold, Inc. has quality properties, quality management and institutional investors from the parent company Shamika Resources. We believe that SGI's management will drive value for their shareholders and ours. Shamika's plan to drive near term, small scale production with exploration and development simultaneously makes great sense." Mr. Hollis added, "The Kilo Moto Greenstone Belt is one of the most promising areas in the world right now. For both major companies and junior companies like SGI, there is tremendous opportunity. The value of the Rangold-Moto Gold transaction was approximately US$500 Million. The lesser developed neighbor, Kilo Gold has achieved a market capitalization in excess of US$50 Million within a relatively short period of time. We wish our partners at Shamika Gold similar success, particularly given their focus on near-term production."
Looking through your past posts, you said that at .0007 x .0008 - I take your comments as positive for ETLS, thanks.
Thanks for the stickies Captain Jim.
"ETLS has potential. Max'd A/S. Chronic shart based upon most recent filings by shareholder and last 10-K by company. MM's have been selling more than 50% of the total volume short the past 2 plus weeks which means they are digging a deeper hole. And there has been accumulation in "flash" buying by someone or someone(s) a number of times the past 2 plus weeks. There has also been discussion of possible RM in play, although nothing confirmed. So the very basics of ETLS - Huge short squeeze potential with the likelihood of momentum money and volume coming into play."
post from SevenTenEleven http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47055347
$.005 - $.0075 potential, excerpt from http://pennystockgurus.blogspot.com/2010/03/etls-sub-001-stock-worth-accumulating.html
ETLS is a sub $.001 stock that should pay off handsomely down the road. Why..... you ask? For one the share structure is maxed out. You are purchasing shares and your stake is not being diluted. Also insiders own a substantial amount of the outstanding shares. This alone should help with price appreciation when investor interest comes ETLS's way. There are simply not that many shares to go around.
The chart is also showing an impending breakout. I could see ETLS hitting $.005 - $.0075 a share with some increased investor interest. Keep this stock on your radar in 2010, I have a feeling I will be talking about this it again in the near future.
Nicole, I am in agreement. I had to dig through the board to get a feel for things. We need some stickies please.
.0016s up Nice
I completely agree - stealth stocks that continue to rise under the radar, with only a few on them, will break out further at the right time, and with less bidwhackers imo.
Also had trouble getting filled at the ask earlier - took a while. hmmmm
Buying and holding since yesterday - Only 1 left at .0015 on the ask.
I like that - NO dilution. GLTA
Thanks, looks good.
Is there expectation of news on ETLS? Nice movement lately.
Ask: 2@23, 2@24
Bid 3@21, 2@20
Good entry point here in my opinion. With company organizing conference call for first time, can only be good news for shareholders. GLTA
Nice buys coming in. 4million at .0025.
L2 update
5 @ the bid at .0015
2 @ the ask at .0016, 2 @17, 1@18
No one wants to sell at these levels, especially with conference call coming up Thur
Definitely think there is still potential here, so many large buys throughout the day. Lots of eyes on this one. Would like to see more news and verification from the company regarding the South African contract.
VERT is off the ask now completely until .5489
Contact:
Fidelis Energy Inc.
James Pool
President
800-925-2381
info@fidelisenergyinc.com
fidelisenergyinc.com
Thanks for posting your finding.
I'm in! New to the stock today after reading this big contract announcement. Looks good, imo. Congrats to you guys that have been in since early on.
Fidelis Signs 207MW Contract for Sale of Solar Modules Worth $475 Million
BEVERLY HILLS, CA, Mar 15, 2010 (MARKETWIRE via COMTEX) -- Fidelis Energy Inc. (PINKSHEETS: FDEI) ("Fidelis" or the "Company") announced today that it has entered into a long-term solar module supply agreement with TinSol Energy (pty) Ltd. (TSEL), Johannesburg, South Africa. Under the terms of the contract, Fidelis Energy will supply 207 megawatts (MW) of PV Solar modules to TSEL for use in the development and build-out of several solar parks in Africa. Fidelis will begin shipments against this contract during the first quarter of 2011. Product will ship from Fidelis's Chinese plant scheduled to come online during the fourth quarter of 2010.
Mr. Wes L. Volker, Managing Director of TSEL, commented: "We selected Fidelis as our partner for these large installations due to the benefits of the Solar Cell technology owned by Fidelis, particularly its very competitive cost and excellent performance. We look forward to a long and prosperous relationship with Fidelis as we grow our energy business in Africa."
"We are proud to announce Fidelis Energy's first multi-hundred megawatt contract," stated Mr. James Poole, CEO of Fidelis Energy. "This contract, along with the substantial investment commitment we secured in February and other imminent multi-hundred megawatt deals, will enable Fidelis to command a leadership position in the high growth solar market. We are extremely pleased to be working closely with TinSol Energy (pty) Ltd. to accelerate our growth in Africa." Mr. Poole added, "The environmental benefits of solar energy are critical to addressing the global warming challenge facing all of us. The electricity generated as a result of the deployment and use of the PV modules we will sell to TSEL will avoid the annual emission of nearly 600,000 metric tons of CO2 that would result if the electricity were generated by coal-fired power plants." Fidelis Energy announced up to $80 million of new financing in February 2010, for the purpose of expanding its photovoltaic manufacturing capacity. Fidelis plans to expand its annual manufacturing capacity by approximately 150 MW in each of the next several years.
same here
Reducing authorized shares significantly and redesign of website by end of week - company wants to see increase in shareholder value....Back to .005, then ++ sooon imo
L2, Bid 4@ .0027, Ask, 1@.0028 - looking great
Congrats all GOIG longs who held strong the past many weeks! Go GOIG!!!
Agree, these walls are ready to fall in my opinion, a penny is not too far off this week
Thanks for the chart!