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Couldn't agree more. Glad to have u on board AR.
Semper Fi
Delaware North Companies of Buffalo, New York is one of the largest privately held companies in the world.
Another Potential suitor;
Delaware North Companies, Inc.
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Contact Information
Delaware North Companies, Inc.
40 Fountain Plaza
Buffalo, NY 14202
NY Tel. 716-858-5000
Fax 716-858-5479
Type: Private
On the web: http://www.delawarenorth.com
Employees: 50,000
Employee growth: 25.0%
This company makes few concessions when it comes to selling hot dogs and sodas at the ball game. Delaware North is a leading provider of foodservices and hospitality services at airports, sports stadiums, and tourist destinations throughout the US and in a handful of other countries. Its Sportservice division operates concessions at more than 50 major and minor league sporting arenas, while its Travel Hospitality Services division runs concessions and retail operations at more than 40 airports. In addition, the company operates Boston's TD Banknorth Garden. Delaware North was founded in 1915 by brothers Charles, Louis, and Marvin Jacobs and is still controlled by the Jacobs family.
Key numbers for fiscal year ending December, 2006:
Sales: $2,040.0M
One year growth: 2.0%
Officers:
Chairman and CEO: Jeremy M. Jacobs Sr.
President and COO: Charles E. (Chuck) Moran Jr.
CFO: Karen L. Kemp
Competitors:
Centerplate
Compass Group
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Wikipedia: Delaware North Companies
Delaware North Companies of Buffalo, New York is one of the largest privately held companies in the world, operating in the food service, retail and hospitality industries in the United States, Canada, The United Kingdom, Australia, and New Zealand.Source[1] It currently has over 40,000 employees worldwide, with half a billion customers and $2 billion US Dollars in revenue.
Its family of companies is in industries ranging from global sports stadia and arenas, national and state parks, global airports, worldwide visitor attractions, gaming and entertainment destinations, and destination restaurants and retail locations.
The company is owned and operated by Jeremy Jacobs, one of the most influential people in the sports industry, and owner of the Boston Bruins and the arena in which the team plays, the TD Banknorth Garden. Jacobs is also a member of the U.S. Department of Commerce Travel and Tourism Advisory Board.
Divisions
Hospitality Group
DNC Parks and Resorts
The "Parks and Resorts" division serves as park concessionaire in numerous locations of scenic beauty and cultural importance. The flagship of this division are the operations in Yosemite National Park. Other concessionaire operations include Yellowstone, Sequoia/Kings Canyon, The National Mint, Asilomar Conference Grounds,Kennedy Space Center, and The BALSAMS Grand Resort (among many others).
DNC Travel Hospitality Services
Servicing 30 airports across the United states, the Travel Hospitality division has played an important role in the lives of millions of travelers. The division operates in such busy airports as Denver, LAX, and Atlanta.
DNC Sportservice
One of the founding divisions of DNC, the Sportservice operations have been around for 85 years. Servicing Baseball, US Football, Basketball, soccer and many more.
American Park N Swap
The outdoor swap-meet division operates markets in Little Rock, Memphis, Myrtle Beach, and Phoenix
DNC Gaming and Entertainment
Specializing in racing venues, the Gaming and Entertainment division, has expanded numerous race venues to "racinos" -- race tracks with casnio operations. The company holds five operations all east of the Mississippi River.
TD Banknorth Garden
Opened in 1995, the arena for the Boston Bruins and the Boston Celtics has offered services for 20 million sports fans. Special and Private Events are also held here. D
DNC International
Expanding DNC operations globally, this division operates various venues in Australia, New Zealand and the United Kingdom. DNC recently was awarded the exclusive contract for the 90000 seat Wembley Stadium.
Achievements
In 2002 Delaware North Companies won the travel industrial association Odyessey Award In Environmental Programs.
In 2003 Delaware North Companies won the Environmental Achievement Award from the US Department of the Interior.
In 2007 Delaware North Companies opened the Catering Operations at the new English National Stadium, Wembley Stadium. [2]
Numerous operations are ISO 14001 certified -- the highest business environmental certification a company can receive.
External links & References
Delaware North Companies website
Delaware North Companies International website
Potential suitor Info;
Hoover's Profile: Centerplate, Inc.
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(AMEX:CVP) Company Financials
Income Statement
Balance Sheet
Cash Flow Statement
Contact Information
Centerplate, Inc.
201 E. Broad St.
Spartanburg, SC 29306
SC Tel. 864-598-8600
Toll Free 800-698-6992
Fax 864-598-8695
Type: Public
On the web: http://www.centerplate.com
Employees: 28,600
Wherever there's a sporting event, this concessions operator likes to be in the middle of the action. Centerplate is a leading provider of catering, concessions, and facilities management services in the US, serving nearly 130 stadiums, convention centers, and other venues. It operates at more than 70 sports venues, including many professional baseball and football stadiums, minor league parks, and college sports stadiums. The company also provides catering and other services at more than a dozen convention centers, including the Dallas Convention Center and the Jacob K. Javits Center in Manhattan, and at a wide range of live entertainment venues and racetracks.
Key numbers for fiscal year ending December, 2007:
Sales: $740.7M
One year growth: 8.7%
Net income: ($1.9)M
Officers:
President, CEO, and Director: Janet L. Steinmayer
Chairman: David M. Williams
EVP and CFO: Kevin F. McNamara
Competitors:
ARAMARK
Delaware North
Levy Restaurants
From Same;
Commissions and pricing
Seven area vendors pay Aramark for
space in Ravens Walk.The Baltimore Ravens and Aramark teamed up in 2007 to create a new business model for the tailgating area the NFL team controls between M&T Bank Stadium and Orioles Park at Camden Yards.
Aramark invested $400,000 up front, with no money from the Ravens, to develop the pregame party zone, doing two-year deals with local restaurants and bars to sell their products, promote their brands and drive business back to their regular establishments.
The Ravens get a small portion of the $10,000 to $25,000 annual fees the seven vendors pay Aramark to operate in that space, and in year three, the team collects 100 percent of that income. At that time, the contract shifts to a more traditional deal between the team and concessionaire, where the Ravens and Aramark share equally in the percentage of gross sales revenue tied to the vendors’ agreements.
The Ravens also generate sponsorship revenue by partnering with Ravens Walk’s beer and spirits suppliers. The benefit for Ravens fans is they pay lower prices, such as $5 for a 24-ounce can of domestic beer and $3 for a slice of pizza, compared with $7 each for a 16-ounce bottle and six-inch personal pizza inside the stadium. They also get access to local foods exclusive to the tailgate zone.
From Sports business Journal:"Bruins and Celtics season-ticket holders requested quicker service, especially for beverage orders."
Making room for technology
Self-ordering kiosks suggest upgrades as
they guide patrons through the process.Delaware North Sportservice has been using self-ordering kiosks for select concession stands at the St. Pete Times Forum in Tampa and TD Banknorth Garden in Boston, the arena Delaware North owns and operates.
After testing the units in Tampa in 2007, Sportservice converted an entire grill stand on the upper concourse at the Times Forum to a remote ordering system where fans press tabs on the four units’ screens to make their selections before swiping credit cards to pay for the items.
Sales have increased 10 percent at that location over last season, continuing to prove the trend that consumers spend more money when using plastic. In addition, the kiosks suggest upgrades and bigger orders as they take the patron through the ordering process, said arena COO Sean Henry. Next season, Sportservice plans to install one kiosk at every stand on the main concourse.
In Boston, Sportservice set up six kiosks at four regular concession outlets after Bruins and Celtics season-ticket holders requested quicker service, especially for beverage orders. The lines at the Dunkin’ Donuts stand had grown lengthy when patrons ordered specialty coffees, which take more time to make, said on-site general manager Mike Zielinski. The same was true at the “Piled High” stand for made-to-order sandwiches. The kiosks, which cost $9,000 each in Boston, generated speedier transactions, resulting in 12 to 15 percent increases in per caps at those two stands, Zielinski said.
"Levy Restaurants President Rhonna Cass concurs. She says her company doesn’t want to run the risk of angering fans by having new technology break down at peak times. “At some point, people say, ‘You know, I do want to be served, I do want to be waited on and I don’t want to have to go to another nonfunctioning piece of equipment,’” Cass said."
From article msg# 22093
http://hostedjobs.openhire.com/epostings/clients/15755/levycareers.htm
PEPSI CENTER JOB OPENING
Interesting read inline with recent BIHC info.
Concessions/bars 35-55%
http://www.sportsbusinessjournal.com/article/58657
Commission splits for concessions
The following represents a range of commissions a concessionaire might pay to a team or venue.
Sales category Rate
Restaurants 0-20%
Catering 15-25%
Cafeterias 15-30%
Suites 15-35%
In-seat service 20-30%
Branded concessions 25-45%
Concessions/bars 35-55%
Source: Bigelow Cos.
With this new information....I can see why all
tha craziness on the yahoo Bihc board....Many players
trying to get the upper hand on each other by
getting their hands on Baron's customers, contacts
and ceo Ungala. Could be a bidding war going on behind
the scenes. $$$$$$$$$$$$$
Do I hear $.50 going once, going twice SOLD!
Hang on Guys!!!!!!!!Its going to be a wild ride.
Semper Fi!
Lookie what I fould!!$$$$$$$$$$
http://www.newyorkbarshow.com/index.php?cmd=Seminar
Kevin Tse, MBA
Chief Operating Officer
(Monday June 23, 08) 12:30-1:15 Room C103
(Letter -R)
Kevin is the Chief Operating Officer at TAKK Systems in New York, an online draft beer monitoring company. Mr. Tse has over 15 years of business experience in the Information Technology Industry. He has over 5 years of experience in the hospitality industry, as he was the Chief Technology Architect and co-founder of a beverage monitoring company in Canada. He graduated with a MBA from Simon Fraser University (SFU), in British Columbia, Canada in 2002.
Mr. Tse has a proven track record for managing and building companies successfully. Kevin brings to the company a wealth of knowledge and the energy needed for the company to be successful.
Agreed to disagreeing. BIHC deal will happen
and soon, I think. Probably next week should get closing
and X date for divi. IMHO
Its called ownership....investor could not
buy at that price because BIHC already owned
Barons's.....These scenario's take place in the business
every week if you have something of value and
Carp has posted this list many times. Buyers want
Baron's and willing to pay for it>>>>>>>>>>>$$$$$$$$$$
Were just blessed to have a CEO who believes in sharing
with THE INVESTOR and wants to make a name for himself
in the Investor Circles and major news to. From here on
in after deal is closed Cris Galo will be in demand in the
business community as Market Value of BIHC will rise
to "AWESOME" Levels. Creating Market Capitalization for
Bigger and Bigger deals.
Go BIHC,,,,,,Plan on holding 1/2 Position LONG
Gosh...you could have called...I'd loan ya the money.
Not neccesarily Slaz, We do not know when
the SCHEDULED closing date was. Could have been
in Sept>originally/But I do agree "Awesome Statement"
and the ED added to Schedule says it all.
Its there to let us know that,
"ITS A DONE DEAL."
Yes it Does, but catching it at the same time
as Slaz Scares the &8$#$^ out of me. ;)
Slaz.....do you know what scares me about bihc?
Is that I just noticed that and was just getting ready to post that to.
Were on the same wave here. "Closing date was set!" $$$$
Semper Fi
My good deed for the day.
See u guys in the afternoon.
C,
This was way oversold a month ago.
Suspect market makers trying to shake weak hands
out, BUT NOT HAVING MUCH SUCCESS.
When news hits/Look out.
Soooooooo....since Barons has national contract...see
where were going with this? "Awesome" revenue stream.
Any seen this?
http://www.takksystems.com/english/home.aspx
Baron International Inc.
As a veteran installer of draft beer systems for over 25 years, with a client list in the thousands, I’ve seen beverage monitoring evolve over the past two decades and TSI BeerMON is the most accurate, reliable and effective beer monitoring system I’ve recommended. For eliminating shrinkage, managing inventory and increasing your beverage revenues, TAKK Systems has been the perfect partner for many of my customers and their technical support is second to none.
Bob Ingala
Principal
Baron International Inc.
148 South Valley Road
Carp,
Have you looked at TAKK/Beermon continuous residuals
income....On any of these stadiums ...residuals could be
huge??? Take a look on the TAKK Website/where you will find residual income pricing. I believe we may
be looking at a significant higher price based not on installations, but on residuals. ????What do You think?
Carp,,,If new Yankee Stadium contract is in play
how much upside in price would you speculate on?
What about divi?
Sorry ...Bihc will be gradually going
I believe to the up side this week as deal
should be closing soon. How's that?
Semper Fi
This is a copy and paste;
CLIENT LIST OF BIHC SO FAR~~$$$$ 1 minute ago applebee's
hilton
mariott
viacom
burger king
dunkin doughnuts
mc donald's
citifield stadium
uno chicago pizza chain
pepsi corporate
red lobster
rubey tuesday
olive garden
izod stadium sporting arena
madison square garden
takk systems
valley bank or VLY ticker symbol
~~~~ NOT ONE WORD FROM any of these companies on Galo's posts now for over a YEAR~~~~~ IN MY OPINION THIS IS REAL~~$$$$$$$$$$$$$$$$$$$$$$$
Just credible on the street rumours> ;)
What do you think about his BIHC priceing
preditions of "BIHC will more than likely rise to .55 and intrady.67"?
Falls right in line with our group's consensus.
We have chosen .08 which could be reached this week
as a starting point for notification to the group holders....we do not intend to sell any
at that price, just take a consensus as to what
price to sell and amounts. After .08 is reached we will be taking
votes (majority rules) as amounts and price to sell.
In other words no consideration of selling until .08 is reach.
But, our holders all have agreed to hold 1/2 past the X
Date and make decisions after.
For any Interested as we have control of over 16,877,000 shares.
Our groups vision is to sell some between .08 and .61 cents. We
will be holding half of our holdings past divi. X Date.
What do ya mean "get us to the beach" We've already raise the flag on top of BIHC
Gosh, us Jarrheads shoud do find here
with BIHC.
Semper Fi
Hey Money..Glad to cu back...on BIHC
where do you c us from here. TJ PARK
says up up and away. How bout U?
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=BIHC&SortBy=volume&Month=7-1-2008&IMAGE1.x=18&IMAGE1.y=8
BIHC - BIH CORPORATION
Page of 1
July 2008 June 2008 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %
--------------------------------------------------------------------------------
Total Share Volume 144,750,747
--------------------------------------------------------------------------------
NITE
Knight Equity Markets, L.P. 92,072,511 1 63 207,581,687 1 55 355,086,217 1 50
ETRD
E*Trade Capital Markets LLC 26,780,623 2 18 40,783,756 3 10 87,427,984 2 12
ABLE
Natexis Bleichroeder Inc. 11,700,061 3 8 14,854,819 4 3 32,839,036 6 4
UBSS
UBS Securities LLC 4,332,442 4 2 7,376,803 6 1 18,735,786 7 2
HDSN
Hudson Securities, Inc. 3,079,914 5 2 6,119,885 8 1 44,121,206 4 6
NOBL
Noble International Invest. 2,511,396 6 1 63,572,602 2 17 80,484,998 3 11
HILL
Hill, Thompson, Magid and Co. 1,493,500 7 1 3,127,800 11 <1 6,048,000 12 <1
RMCI
Rushmore Capital Inc. 1,189,100 8 <1 11,390,666 5 3 12,579,766 8 1
GNLN
Gunnallen Financial, Inc. 491,000 9 <1 715,000 12 <1 1,696,000 14 <1
DOMS
Domestic Securities, Inc. 366,000 10 <1 5,863,500 9 1 6,234,500 11 <1
AUTO
Automated Trading Desk 309,000 11 <1 3,393,195 10 <1 8,742,074 9 1
MAXM
Maxim Group LLC 235,000 12 <1 470,000 14 <1 705,000 17 <1
LAMP
Lampost Capital, L.C. 100,200 13 <1 150,000 16 <1 1,376,200 15 <1
VERT
The Vertical Trading Group 45,000 14 <1 555,700 13 <1 600,700 18 <1
SALI
Sterne, Agee & Leach, Inc. 30,000 15 <1 430,004 15 <1 2,585,004 13 <1
VFIN
vFinance Investments, Inc. 15,000 16 <1 - - - 15,000 19 <1
Diddo Turbo...on BIHC...You say exactly what
I've been thinking. Just could not find the words.
Guess thats why I'm not a CEO.
One thing for sure, time is running out for
naked shorts.
RE; gooddoc4 RB Post this morning on BIHC;
GD4 has been a member there since 2004.. He or She has posted
over 1400 times and I have read approx. 600 postings on various stocks this afternoon looking for some indication of whether the poster
is on to something or not.
My conclusion regarding BIHC is that he is on to something
for real and am buying more shares tommorrow. Read for yourself and I also believe this poster is from New Jersey.
BIHC= target price of $1.01 14-Aug-08 05:51 pm
Check L2
do I see 2.02
Naked Shorts shall clarify this soon enough. I think!
So I'm adding to my position tommorrow 1 million shares
I can purchase at .032 or three and 2/10ths of a penny.
I may just add another 100 million.
BIHC that is. Market Makers should clarify this.
;)
If I were the CEO...I would not as would make
for larger SSquezze and have "all" investors very
happy and these could be classified as Material Events
to the negoiations, which has already been annoubced.
I would be thinking of the end result, not the short
term events.
What if in negotiations the new stadium contract
and residual revenues came into play???
RB poster made us aware that it did now.
But I Agree. 50/50 Credible, but so incredible to make
a statement like that leads me to a half full glass of
monitored beer.
"With residual revenues of course for lets say 5 years."
Any one willing to tender a guess as to how
many times the BIHC float has been sold since June 26
and still in the hands of investor cash accounts.
5X 10X 15X 20X 25X 30X ANY 50X or 100X
Any way to make calculated guess??
If the Divi is 9.5 is that nine cents plus fifty cents?
Go BIHC..Nice day Guys
;)