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Short, Short more, Short all you can
Yesterday's 2000 share trade on the downtick was a naked short yesterday
What are the shorts gonna do?
Date VolShorted High Low Close Chg ShortVol RegularVol
Nov 07 100.00% 0.09 0.09 0.09 -10.00% 2,000 2,000
PDOK 3, LLC
More evidence this is going to happen, Kanavos uses these entities for his membership interests.
FILE NUMBER ENTITY NAME FORMATION DATE
4717951 PDOK LLC 08/06/2009 (Harmon Corner)
5064699 PDOK 2, LLC 11/14/2011 (I Shops)
5221541 PDOK 3, LLC 10/02/2012 (i Drive Live)?
5064723 I SHOPS MEMBER, LLC 11/14/2011
Carey 17 Harmon LLC
They are doing what they said. what's left for BPS( et. al) is the second and third floor, the back parking lot and the largest LED in the world and 40mm in debt. They are doing the same thing with I Shops...I think credit suisse will fund some too.
CORPORATE PROPERTY ASSOCIATES 17 – GLOBAL INCORPORATED
LIST OF REGISTRANT SUBSIDIARIES
Carey 17 Harmon LLC Delaware
Carey 17 ORL (LLC) Delaware
Carey 17 Wlgrn LLC Delaware
Wlgrn (NV) LLC Delaware
ORL 17-LB (FL) LLC Delaware
CAREY 17 WLGRN LLC NV20101229865 Active Foreign Limited-Liability Company
WLGRN (NV) LLC NV20101229722 Active Foreign Limited-Liability Company
http://www.sec.gov/Archives/edgar/data/1390213/000119312512127645/d320012dex211.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81041631
I Shops
In December 2011, we entered into a construction loan with a developer for a to-be-built
shopping center in Orlando, Florida. We expect to fund up to $72.5 million to build the shopping
center. As of March 31, 2012, we have funded a total of $36.1 million related to this loan. The loan
bears interest at 8% per annum. Interest is payable monthly with the principal due upon maturity
on December 31, 2014. We paid at the closing of the initial draw an acquisition fee to Carey Asset
Management of $0.4 million, which relates to the entire amount of the first phase of the funding,
and we expect to pay an acquisition fee of approximately $0.3 million to Carey Asset Management
in connection with the second phase of the funding at the time of the initial draw thereunder.
Upon completion of construction, we have the option to purchase the Walgreens store in the
shopping center for up to approximately $35.3 million, plus certain acquisition fees and expenses,
and lease the property back to Walgreens. The balance of the construction loan will be paid off
after completion.
BPS Partners
In December 2010, we funded $31.0 million for the initial draw of a construction loan for the
first phase of a to-be-built shopping center in Las Vegas, Nevada. We expect to fund up to
$85.6 million to build the shopping center. The loan is to be funded in two phases: $51.6 million
for the cost of the land and the construction of the first floor, and $34.0 million for the
construction of the second and third floors after certain requirements are met. As of March 31,
2012, we have funded a total of $77.0 million related to these two loans. The first phase bears
interest at 7% per annum, and the second phase bears interest at 8.8% per annum. Interest is
payable monthly with the principal due upon maturity in September 2013. We paid an acquisition
fee to Carey Asset Management of $0.5 million at the closing of the initial draw, which relates to
the entire amount of the first phase of the funding. In September 2011, we paid an acquisition fee
of $0.3 million to Carey Asset Management, which relates to the entire amount of the second
phase of the funding. Upon completion of construction, we expect to purchase the Walgreens store
in the shopping center for up to approximately $45.5 million, plus certain acquisition fees and
expenses, and lease the property back to Walgreens. The balance of the construction loan will be
paid off after completion.
Hey Blossom
How did Sillerman's daughter die?
Vegas Gamble
October 2008
Vegas Gamble. FX Real Estate and Entertainment (FXRE) owns 18 acres of land on the Las Vegas Strip, next to the MGM Grand. The tract is zoned for a casino, but no project is in the works -- although FX has rights to the names and intellectual property of Elvis Presley and Muhammad Ali. Vegas is in a staggering real estate bust, and FX’s stock has collapsed along with shares of such famed Vegas outfits as Boyd Gaming and MGM Mirage. A few months ago, a bunch of insiders exercised the right to buy FX shares for as much as $10, so they must know something.
http://www.kiplinger.com/magazine/archives/2008/10/stocks-for-less-than-four-dollars.html
http://starwars.wikia.com/wiki/N'Kata_Del_Gormo
waiting on the 10-Q
should have been out. they have 45 days(mid nov)
Q3 - 2008-11-13
Q3 - 2009-11-20
Q3 - 2010-11-01
Q3 - 2011-11-14
waiting to put it all together? yes. I think so.
http://sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001410402&type=10-q&dateb=&owner=include&count=40
Thanks Pro...this is happening
Here is a visual of the entities date creation and state
That HT Merger Sub, LLC is much like this one, when FXRE changed it's name
Lets not forget this Co. was going to build a 4 billion dollar hotel
http://sec.gov/Archives/edgar/data/1410402/000129993311000130/exhibit1.htm
------------------------------------------
WP Carey Connection
John D. Miller he resigned from CEXE board in disgrace
John D. Miller
Managing Director and Chief Investment Officer
Email
T: (212) 492-1103
F: (212) 492-8922
Mr. Miller joined W. P. Carey as Chief Investment Officer in 2004. He is a founder and former President of StarVest Partners, a private equity/venture capital firm, in which he retains a Non-Managing Member interest. He is the former President of Rothschild Ventures Inc., the private investments unit of Rothschild North America, a subsidiary of the worldwide Rothschild Group. He was also Co-Chairman of the Rothschild Recovery Fund L.P.
Before joining Rothschild in 1995, he was with two private equity firms, Credit Suisse First Boston's Clipper Group and Starplough Inc., an affiliate of Rosecliff, Inc. Prior to that, he was with The Equitable for 24 years in various investment units. In the early 1990s he was named President and CEO of Equitable Capital Management Corporation, a full-line investment advisory subsidiary with assets in excess of $36 billion. From 1983 he was head of the corporate finance department, where he conceived and implemented the Enhanced Return Program, which became a $4 billion portfolio of direct LBO mezzanine investments and limited partnership interests in dozens of LBO and Venture funds.
Mr. Miller received his undergraduate degree from the University of Utah and his MBA from the University of Santa Clara. He serves on the Boards of Circle Entertainment Inc. and Function (X), Inc.
http://www.wpcarey.com/en/Our-People/Management/john-d-miller.aspx
------------------------------------
John D. Miller has decided not to stand for re-election at the annual meeting. Mr. Miller, age 67, has been a director since January 2009 and his term as a director will expire at the conclusion of the annual meeting. Mr. Miller is the Chief Investment Officer of W.P. Carey & Co. LLC, a net lease real estate company. On February 15, 2011, Mr. Miller was appointed as a director of Viggle Inc. (formerly known as Function (x) Inc.) Mr. Miller is also a founder and Non-Managing Member of StarVest Partners, L.P., a $150 million venture capital investment fund formed in 1998. Mr. Miller is a minority stockholder of Atlas. From 1995 to 1998, Mr. Miller was President of Rothschild Ventures Inc., the private investments unit of Rothschild North America, a subsidiary of the worldwide Rothschild Group. He was also President and CEO of Equitable Capital Management Corporation, an investment advisory subsidiary of The Equitable where he worked for 24 years beginning in 1969. From February 2005 through January 2009, when he resigned, Mr. Miller served as a director of CKX, Inc.
http://sec.gov/Archives/edgar/data/1410402/000135448812003177/cexe_def14c.htm
Construction Loans
with the terms of these deals i can't see the RM into CEXE
http://www.wpcarey.com/cpa/CPA17GlobalProspectus/CPA17%20-%20Global%20Prospectus.pdf
I Shops
In December 2011, we entered into a construction loan with a developer for a to-be-built
shopping center in Orlando, Florida. We expect to fund up to $72.5 million to build the shopping
center. As of March 31, 2012, we have funded a total of $36.1 million related to this loan. The loan
bears interest at 8% per annum. Interest is payable monthly with the principal due upon maturity
on December 31, 2014. We paid at the closing of the initial draw an acquisition fee to Carey Asset
Management of $0.4 million, which relates to the entire amount of the first phase of the funding,
and we expect to pay an acquisition fee of approximately $0.3 million to Carey Asset Management
in connection with the second phase of the funding at the time of the initial draw thereunder.
Upon completion of construction, we have the option to purchase the Walgreens store in the
shopping center for up to approximately $35.3 million, plus certain acquisition fees and expenses,
and lease the property back to Walgreens. The balance of the construction loan will be paid off
after completion.
BPS Partners
In December 2010, we funded $31.0 million for the initial draw of a construction loan for the
first phase of a to-be-built shopping center in Las Vegas, Nevada. We expect to fund up to
$85.6 million to build the shopping center. The loan is to be funded in two phases: $51.6 million
for the cost of the land and the construction of the first floor, and $34.0 million for the
construction of the second and third floors after certain requirements are met. As of March 31,
2012, we have funded a total of $77.0 million related to these two loans. The first phase bears
interest at 7% per annum, and the second phase bears interest at 8.8% per annum. Interest is
payable monthly with the principal due upon maturity in September 2013. We paid an acquisition
fee to Carey Asset Management of $0.5 million at the closing of the initial draw, which relates to
the entire amount of the first phase of the funding. In September 2011, we paid an acquisition fee
of $0.3 million to Carey Asset Management, which relates to the entire amount of the second
phase of the funding. Upon completion of construction, we expect to purchase the Walgreens store
in the shopping center for up to approximately $45.5 million, plus certain acquisition fees and
expenses, and lease the property back to Walgreens. The balance of the construction loan will be
paid off after completion.
I Shops, LLC funding
http://www.sec.gov/Archives/edgar/data/1390213/000119312512140074/d321539d424b3.htm
W.P. Carey - CORPORATE PROPERTY ASSOCIATES 17
Real Estate Under Construction
2011 — During the year ended December 31, 2011, we entered into 13 build-to-suit projects, which consisted of the following:
one domestic project with a developer, IShops LLC, for the construction of a shopping center, which includes a Walgreens store, for a total cost of up to $72.5 million, of which we funded $35.6 million primarily related to the land described above;
---------------------------
In addition, during 2011, we entered into a domestic investment for $32.7 million with IShops, LLC for a hotel property. This hotel property is expected to be demolished during 2012 for the construction of a shopping center, which includes a Walgreens store. We are also committed to fund up to $36.9 million for the construction of the shopping center (see Real Estate Under Construction, below). As this transaction was accounted for as a business combination under current accounting guidance, we expensed acquisition-related costs and fees of $1.2 million.
Both projects financed through NYC private equity
I-Drive to get Red Robin restaurant, Kings Bowl
Orlando Business Journal by Anjali Fluker, Senior Staff Writer
Date: Friday, October 26, 2012, 6:00am EDT
http://www.unicorpusa.com/news/i-drive-get-red-robin-restaurant-kings-bowl
Unicorp National Developments Inc. will start construction next year on new restaurant and retail spaces at its two new mixed-use projects on International Drive: I-Drive Live and IShops.
Among the new tenants: a new Red Robin Restaurant and a bowling alley entertainment complex.
Orlando-based Unicorp and its project partner, New York-based Circle Entertainment Inc., began site work this fall on the $200 million I-Drive Live and started work last summer on an expansion and renovation of the 1,054-room Wyndham Orlando Resort next door as part of its $100 million I-Shops project.
Both projects will share a 1,200-space, no-fee parking garage, and are being financed through New York private equity groups.
The two projects are expected to create about 3,000 construction jobs, 2,500 permanent jobs and attract more than 3 million annual visitors.
Antunovich & Associates is the architect on both projects, while St. Petersburg-based Scherer Construction LLC is the contractor.
I-Shops, which is slated to complete hotel construction by next summer, will be anchored by an 18,000-square-foot Walgreens store. That project also will include a 6,500-square-foot Red Robin restaurant. Red Robin executives declined to comment.
Meanwhile, shell construction permits were pulled this month for the planned Merlin Entertainments Group Ltd.’s Madame Tussauds wax museum and Sea Life Aquarium at IDrive Live. That project also has the 425-foot Orlando Eye observation wheel.
For the full list of tenants for both projects, see bit.ly/T8VCHN.
The developer also brought the neighboring retail center into the I-Drive Live project. The former Gooding’s Supermarket will be replaced by Kings Bowl, an entertainment complex with three other U.S. locations. It’s set to open next spring and will hire 80 workers. It chose the site due to its proximity to the Orange County Convention Center, the theme parks and some neighborhoods, said Doug Warner, Kings Bowl spokesman.
Maria Triscari, executive director of the International Drive Resort Area Chamber of Commerce said the projects will be a great addition to the tourist corridor. “There is a great niche for attractions that are not necessarily a full day but are a place to go for a few hours after a convention or spending a few days at theme parks. The more variety we have, the more the entire community benefits. It makes us a more competitive destination.”
Industry expert Steve Baker, president and CEO of Orlando-based hospitality consulting firm Baker Leisure Group LLC, added the projects were destined for success from the start, with such a high-profile attraction as the Orlando Eye.
“This market has to have new things because people repeat here so often. We have to have new things to keep that blood flowing.”
-------------------------------------------------
5 minutes with Chuck Whittall
Orlando Business Journal by Anjali Fluker, Senior Staff Writer
Date: Friday, October 26, 2012, 6:00am EDT
http://www.unicorpusa.com/news/5-minutes-chuck-whittall
There’s nothing more rewarding for Chuck Whittall than seeing his vision of magnificent architecture come to reality.
The principal of Orlando-based retail developer Unicorp National Developments Inc. — whose company is known for creating high-profile shopping and dining destinations in Central Florida and beyond — just sold some of his firm’s most successful developments to focus on his next round of destinations.
Whittall, 46, on Oct. 22 announced his firm sold six of its retail centers — including his $100 million crown jewel, Dellagio on Sand Lake Road in the Dr. Phillips area — for $263 million to San Diego, Calif.-based real estate investment trust Excel Trust Inc. (NYSE: EXL).
That was so the firm could focus on several new projects: the $200 million, 300,000-squarefoot I-Drive Live project with the 425-foot Orlando Eye observation wheel and Merlin Entertainments Group Ltd.’s Madame Tussauds wax museum and Sea Life Aquarium; the $100 million I-Shops development, which includes 100,000 square feet of shops and restaurants; the 216-unit, estimated $29.2 million Casa Mirella apartments in Ocoee; and twonew high-end retail projects, The Falls on Sand Lake Road and Lakeside at Winter Park in Winter Park.
Here’s what he had to say about those major projects:
How I keep big projects on track: We have a very disciplined organization with an incredible team. I am proud to work with the great folks who help me implement my visions.
How the projects are being financed: Most of our projects are financed through typical means of finance with local banks. Bank United has been very good to us and we enjoy our
relationship. The very big deals have been financed through private equity groups from New York.
Why I like to do high-profile commercial projects: Our goal never has been to do high-profile projects. We started off with smaller ones. However, every time I create a project, I get an idea for the next one, and the ideas and vision always seem to grow.
The toughest part of the slow economy for me: Not being able to keep my entire team, and the amount of hours I had to work and be away from my family to achieve survival.
AEGON USA Investment Management Credit Opportunities
Looks like CEXE borrowed some money
AEGON Credit Opportunities has 147mm AUM - CEXE's 3.91% is $5,747,700
The I shops llc (Wyndham Orlando) transaction was $32.4 million, and closed on Dec. 1. 2011?? Is this CEXE's down payment for the Wyndham Orlando
The unsecured demand loans made to CEXE are by the Company’s directors, executive officers and greater than 10% stockholders?
Why is this not disclosed? What is up?
Or is it this...
Under the Transaction Agreement, the Circle Subsidiary will acquire a 65% interest in the ownership of two adjacent properties, the “OHI Parcel” of 10 acres and the “Square Parcel” of 18 acres (collectively, the “Property”), currently owned by certain of the Whittall Parties, and located on International Drive in Orlando, Florida......
.... As part of the closing, the Circle Subsidiary will be required to fund $5 million in the aggregate towards the development of the Property
The thing is the transaction has not closed?
http://sec.gov/Archives/edgar/data/1410402/000135448812003833/cexe_10q.htm
What is interesting is that Circle Entertainment only shows up in the 1st and 2nd quarter reviews
1st quarter 2012
2nd quarter 2012
No Updates...but
This guy is working for us
http://www.linkedin.com/in/jimritchie13
Jim Ritchie's Experience
Sr. Project Manager
Morris Architects
Privately Held; 51-200 employees; Architecture & Planning industry
November 2010 – Present (2 years)
Currently working for Morris Architects as the Sr. Project Manager on Circle Entertainment's I-Drive Live- Orlando Eye, a 400 ft observation wheel and terminal build which will be flanked by Merlin Entertainment’s SeaLife Center and Madame Tussauds Museum.
--------------------------------------
Morris Architects worked on Legoland Florida
http://test1.morrisarchitects.com/featured/
FX Luxury, LLC & Vegas
Circle Entertainments subsidiary FX Luxury, LLC is potentially entitled to the Class 6 Right (the "Contingent Interest"), which would enable it to purchase, within six years, up to 5% of the equity of the Debtor's parent at the date of exercise, at a purchase price equal to $450 million minus the first lien indebtedness, divided by the number of equity units outstanding on the date of exercise. Therefore, upon the effective date of the Plan, the Company shall no longer have any ownership interest in the Debtor (other than the potential Contingent Interest) or the Las Vegas property.
i.e. (FX Luxury, LLC has a right to purchase 5% of 17 acres on the Las Vegas Strip)
http://sec.gov/Archives/edgar/data/1410402/000135448812001393/cexe_10k.htm
------------------------------------
BPS 2 , LLC - could this be the use?
W. P. CAREY & CO. LLC - CORPORATE PROPERTY ASSOCIATES 17
In June 2011, we provided financing of $30.0 million to a developer, BPS Partners, LLC (“BPS”), in connection with the construction of a shopping center, which includes a Walgreens store, in Las Vegas, Nevada. In connection with the loan, we received an option to purchase the second floor of the Walgreens store or to exchange the $30.0 million loan for an equity interest in BPS. This loan is secured by the property and personally guaranteed by each of the principals of BPS, has an annual interest rate of 0.5% and matures in September 2013. On its maturity date, if we do not elect to exchange the loan for an equity interest in BPS, we will receive additional interest at an annual rate of 7.5% from inception through maturity as consideration for making the loan. At June 30, 2011, the balance of this note receivable was $30.0 million.
http://www.faqs.org/sec-filings/110815/Corporate-Property-Associates-17-Global-INC_10-Q/
I Drive / I Shops tenants
http://www.bizjournals.com/orlando/blog/2012/10/new-kings-bowl-on-i-drive-seeks-workers.html?page=all
New Kings Bowl on I-Drive seeks workers
Orlando Business Journal by Anjali Fluker, Senior Staff Writer
Date: Monday, October 29, 2012, 12:14pm EDT
A new bowling/dining/lounge complex is set to open in spring 2013 in southwest Orlando’s International Drive tourist corridor — and is bringing with it 80 jobs.
Kings Bowl, which has two other locations in Massachussets and one in Illinois, is taking over the former 28,000-square-foot Gooding’s Supermarket space at the shopping center near the corner of International Drive and Sand Lake Road. The new Orlando location will feature 22 10-pin bowling lanes, four billiards tables, a Bocce ball court, full-serve restaurant, two premium bars and meeting space, according to the Kings Bowl website.
Kings Bowl spokesman Doug Warner said proximity to Orlando’s theme parks as well as the Orange County Convention Center is what drove them to the I-Drive site, which Orlando-based Unicorp National Developments Inc. is bringing into its $200 million I-Drive Live project.
“Having looked at a number of sites, we felt we’ll fit right into the ‘magic’ that is so prevalent throughout Orlando,” Warner told me in an e-mailed response.
The bowling complex has several positions to fill, including management, bartenders, servers, wait assistants, food runners, mechanics, marketing, events, culinary and more. Those interested in applying can contact orlandoinfo@kingsbowlamerica.com.
Kings Bowl is just one of several tenants Unicorp has lined up to take restaurant space at I-Drive Live and the neighboring $100 million I-Shops. For more details on those projects, see the Oct. 26-Nov. 1 print edition of Orlando Business Journal or subscribers view it here.
I-Shops, which includes the expansion/renovation of the existing Wyndham Orlando Resort, will include 100,000 square feet of retail space anchored by an 18,000-square-foot Walgreens store. Other tenants include:
~ 12,500-square-foot Cooper’s Hawk Winery & Restaurants
~ 7,500-square-foot Chuy’s Tex-Mex restaurant
~ 6,500-square-foot Red Robin gourmet burger restaurant
Unicorp also is in discussions with BJ’s Restaurant & Brew House, LongHorn Steakhouse, Starbucks and Wawa for additional outparcels.
Meanwhile, the planned I-Drive Live project also has several tenants that will be joining three attractions there: the 425-foot Orlando Eye observation wheel and Merlin Entertainments Group Ltd.’s Madame Tussauds wax museum and Sea Life Aquarium. Other tenants signed on for that project include:
~ 10,000-square-foot Seafood Republic restaurant, created by Orlando restaurateur Bobby Moore
~ 7,000- to 7,500-square-foot Buffalo Wild Wings
~ 6,500-square-foot Outback Steakhouse
~ 6,500-square-foot Carrabba’s Italian Grill
Sleuth’s Dinner Theater will remain in the existing portion of the former Gooding’s Plaza, but the former 11,000-square-foot Crab House restaurant closed earlier this month and Unicorp is seeking a new tenant for that space.
Sillerman and Huff into CEXE for 50mm+
This is the Credit Suisse Loan Funding case.....Sillerman says they had a verbal agreement....to some funky stock purchase with loss collars....weak argument...he lost......anyway....he's into CEXE for at least 24 mm as I can see
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59614911
Sillerman and Huff into CEXE for 50mm+
Robert F.X. Sillerman and The Huff Alternative Fund Purchase 4.97 Million Shares of FX Real Estate and Entertainment Inc.'s Common Stock at $10 Per Share
Bryan Bloom and Michael Meyer Appointed to Serve on Board of
Directors
NEW YORK, May 15, 2008 (BUSINESS WIRE) -- FX Real Estate and Entertainment Inc. (NASDAQ: FXRE), announced today that Robert F.X. Sillerman, the Company's Chairman and Chief Executive Officer, and The Huff Alternative Fund, L.P. and an affiliate, together a principal stockholder of the Company, have purchased a total of 4.97 million shares of the Company's common stock at $10 per share. Combined with the purchases made by Mr. Sillerman and Huff during the pendancy of the Company's recently completed rights offering, Mr. Sillerman and Huff purchased a total of approximately 5.3 million and 3.8 million shares, respectively, at $10 per share. The Company raised a total of $98.7 million from the rights offering (including the purchases by Sillerman and Huff).
Mr. Sillerman stated, "The magnitude of the investments made by me and the Huff funds evidences our strong belief in the Company's prospects and business plan and our commitment to building value for the Company's stockholders. We are pleased with the successful conclusion of our new public company's first capital raising initiative and look forward to the next steps in the development of our location-based entertainment projects that exploit our iconic content and brands."
In connection with its purchase of shares, the Huff Fund received the right to appoint a designee to serve on the Company's Board of Directors. Immediately following its purchase, the Huff Fund selected Bryan Bloom as its director designee. Mr. Bloom has served as counsel of W.R. Huff Asset Management Co. and its affiliates for the past fourteen years.
The Company also announced that Michael Meyer has been appointed to serve on the Board of Directors. Mr. Meyer is the founding partner of 17 Broad LLC, a diversified investment vehicle and securities consulting firm. Prior to founding 17 Broad LLC, from 2002 to 2007, Mr. Meyer served as Managing Director and Head of Credit Sales and Trading for Bank of America. Prior to that, Mr. Meyer spent four years as the Head of High Grade Credit Sales and Trading for UBS.
For more information about the transactions between the Company, Mr. Sillerman and the Huff fund, please see the Company's public filings with the Securities and Exchange Commission, including the Company's Forms 8-K filed on January 10, 2008, April 1, 2008 and May 15, 2008, which can be viewed at the SEC's website at www.sec.gov.
About FX Real Estate and Entertainment
FX Real Estate and Entertainment owns 17.72 contiguous acres of land located at the southeast corner of Las Vegas Boulevard and Harmon Avenue in Las Vegas, Nevada, known as the Park Central site. FXRE intends to pursue a hotel, casino, entertainment, retail, commercial and residential development project on the Park Central site. FXRE has license agreements with Elvis Presley Enterprises, Inc., an 85%-owned subsidiary of CKX, Inc. (NASDAQ: CKXE), and Muhammad Ali Enterprises LLC, an 80%- owned subsidiary of CKX, which allows it to use the intellectual property and certain other assets associated with Elvis Presley and Muhammad Ali in the development of its real estate and other entertainment attraction-based projects. FXRE currently anticipates that the development of the Park Central site will involve multiple elements that incorporate the Elvis Presley assets and theming. In addition, the license agreement with Elvis Presley Enterprises grants FXRE the right to develop, and it currently intends to pursue the development of, one or more hotels as part of the master plan of Elvis Presley Enterprises, Inc. to redevelop the Graceland property and surrounding areas in Memphis, Tennessee.
In addition to its interest in the Park Central Property, its plans with respect to a Graceland-based hotel, and its intention to pursue additional real estate and entertainment-based developments using the Elvis Presley and Muhammad Ali intellectual property, FXRE, through direct and indirect wholly owned subsidiaries, owns 1,410,363 shares of common stock of Riviera Holdings Corporation (AMEX:RIV), a company that owns and operates the Riviera Hotel & Casino in Las Vegas, Nevada and the Blackhawk Casino in Blackhawk, Colorado.
SOURCE: FX Real Estate and Entertainment Inc.
Huff Settlement Terms
He did not take CEXE stock in the settlement.
Although he did do this
The Huff Alternative Parallel Fund, L.P., an affiliate of a greater than 10% stockholder of the Company, agreed on September 9, 2009 to purchase 1,041,667 Units. at a purchase price of $0.06 per Unit Each Unit consists of (x) one share of the Company’s common stock, (y) a warrant to purchase one share of the Company’s common stock at an exercise price of $0.07 per share and (z) a warrant to purchase one share of the Company’s common stock at an exercise price of $0.08 per share(2,083,334 shares of Common Stock issuable upon the exercise of warrants held by the Huff Entities, half of which are presently exercisable at $0.07 per share and the other half of which are presently exercisable at $0.08 per share)
and he did this...
The Huff Alternative Fund, L.P. Exercises Rights in FX Real Estate and Entertainment Inc.'s Pending Offering and Purchases 1.15 Million Shares at $10 Per Share
This purchase by the Huff Fund follows the recently announced purchase in the rights offering by Robert F.X. Sillerman, the Company's Chairman and Chief Executive Officer, of 3,037,265 shares at a price of $10 per share.
http://fxle.client.shareholder.com/releasedetail.cfm?ReleaseID=302626
Robert F.X. Sillerman and The Huff Alternative Fund Purchase 4.97 Million Shares of FX Real Estate and Entertainment Inc.'s Common Stock at $10 Per Share
http://fxle.client.shareholder.com/releasedetail.cfm?ReleaseID=302626
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=k7vH4ISr45sowPEJGmtHTA==&system=prod
CEXE - Insider Ownership
http://sec.gov/Archives/edgar/data/1410402/000135448812003177/cexe_def14c.htm
Including - 1,500 shares of Series A Preferred, 2,500 shares of Series B Preferred, and 1 share of Non-Voting Designated Stock issued and outstanding at December 31, 2011 and December 31, 2010, respectively
The Series A & B Preferred are know to be mostly equally owned between Torino, Kanavos, and Sillerman
The 1 share of Non-Voting Designated Stock is owned by Huff
--------------------------
* Represents less than 1%.
(1) Except as otherwise set forth below, the business address and telephone number of each of the persons listed above is c/o Circle Entertainment Inc., 650 Madison Avenue, New York, New York 10022, telephone (212) 796-8177.
(2) Sillerman beneficially owns (i) directly 12,605,756 shares of Common Stock (consisting of: (A) 8,850,263 shares of Common Stock owned by Sillerman; (B) 250,000 shares of Common Stock issuable upon the exercise of stock options held by Sillerman that are presently exercisable at $5.00 per share; (C) 150,000 shares of Common Stock issuable upon the exercise of stock options held by Sillerman that are presently exercisable or exercisable within 60 days of June 12, 2012 at $6.00 per share; (D) 2,055,498 shares of Common Stock issuable upon the exercise of warrants held by Sillerman and his spouse that are presently exercisable at $0.2919 per share; (E) 888,011 shares of Common Stock issuable upon the exercise of warrants held by Sillerman and his spouse that are presently exercisable at $0.3041 per share; (F) 411,984 shares of Common Stock issuable upon the exercise of warrants held by Sillerman and his spouse that are presently exercisable at $0.2403 per share); and (ii) indirectly 16,960,050 shares of Common Stock (consisting of: (A) 4,423,264 shares of Common Stock owned of record by Laura Baudo Sillerman, Sillerman’s spouse; (B) 390,626 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.08 per share; (C) 2,777,778 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse, half of which are presently exercisable at $0.10 per share and the other half of which are presently exercisable at $0.11 per shares; (D) 362,637 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.273 per share; (E) 618,557 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.291 per share; (F) 572,410 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.2621 per share; (G) 505,575 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.2018 per share; (H) 625,390 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.2399 per share; (I) 1,138,952 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.2634 per share; (J) 43,250 shares of Common Stock issuable upon the exercise of warrants held by Sillerman’s spouse that are presently exercisable at $0.5778 per share; and (K) 5,501,611 shares of Common Stock owned of record by Atlas). Excludes shares issuable upon conversion of Series A Convertible Preferred Shares and Series B Convertible Preferred Shares, as follows: (A) 856,531 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Sillerman and his spouse, as joint tenants, that are convertible at $0.2335 per share; (B) 369,913 shares issuable upon the conversion of the Series A Convertible Preferred Shares held by Sillerman and his spouse that are convertible at $0.2433 per share; (C) 151,099 shares of Common Stock issuable upon the conversion of the Series A Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.2184 per share; (D) 257,732 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.2328 per share; (E) 238,435 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.2097 per share; (F) 210,630 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.1614 per share; (G) 260,552 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.1919 per share; (H) 560,600 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.2107 per share; and (I) 18,023 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by Sillerman’s spouse that are convertible at $0.4622 per share.
(3) Kanavos beneficially owns (i) directly 24,147,055 shares of Common Stock (consisting of: (A) 354,254 shares of Common Stock owned of record by Kanavos; (B) 11,619,273 shares of Common Stock owned of record by Kanavos and his spouse, Dayssi Olarte de Kanavos, as joint tenants; (C) 500,000 shares of Common Stock owned of record by the Paul C. Kanavos 2008 GRAT; (D) 1,142,860 shares of Common Stock issuable upon the exercise of presently exercisable warrants held by Kanavos and his spouse, half of which are exercisable at $4.50 per share and the other half of which are exercisable at $5.50 per share; (E) 100,000 shares of Common Stock issuable upon the exercise of stock options held by Kanavos that are presently exercisable at $5.00 per share; (F) 60,000 shares of Common Stock issuable upon the exercise of stock options held by Kanavos that are presently exercisable or exercisable within 60 days of June 12, 2012 at $6.00 per share; (G) 390,626 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.08 per share; (H) 362,637 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.273 per share; (I) 2,777,778 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse, half of which are presently exercisable at $0.10 per share and the other half of which are presently exercisable at $0.11 per share; (J) 572,410 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.2621 per share; (K) 411,984 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.2403 per share; (L) 505,575 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.2018 per share; (M) 625,390 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.2399 per share; (N) 1,138,952 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.2634 per share) and (O) 43,250 shares of Common Stock issuable upon the exercise of warrants held by Kanavos and his spouse that are presently exercisable at $0.5778 per share; and (ii) indirectly 16,558,481 shares of Common stock (consisting of: (A) 5,556,870 shares of Common Stock held by the Kanavos Dynasty Trust 2011, a trust formed by Kanavos for the benefit of his spouse and children (“KDT”); (B) 362,637 shares of Common Stock issuable upon the exercise of warrants held by KDT that are presently exercisable at $0.273 per share; (C) 618,557 shares of Common Stock issuable upon the exercise of warrants held by KDT that are presently exercisable at $0.291 per share; (D) 2,055,498 shares of Common Stock issuable upon the exercise of warrants held by KDT that are presently exercisable at $0.2919 per share; (E) 888,011 shares of Common Stock issuable upon the exercise of warrants held by KDT that are presently exercisable at $0.3041 per share; (F) 436,345 shares of Common Stock issuable upon the exercise of warrants held by KDT that are presently exercisable at $0.2621 per share; and (G) 5,501,611 shares of Common Stock (consisting of the shares of Common Stock owned of record by Atlas). Kanavos’ beneficial ownership excludes 500,000 shares of Common Stock owned of record by his spouse’s GRAT, the Dayssi Olarte de Kanavos 2008 GRAT. Excludes shares issuable upon conversion of Series A Convertible Preferred Shares and Series B Convertible Preferred Shares, as follows: (A) 151,099 shares of Common Stock issuable upon the conversion of the Series A Convertible Preferred Shares held by Kanavos and his spouse, as joint tenants, that are convertible at $0.2184 per share; (B) 257,732 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Kanavos and his spouse, as joint tenants, that are convertible at $0.2328 per share; (C) 856,531 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Kanavos and his spouse, as joint tenants, that are convertible at $0.2335 per share; (D) 369,913 shares issuable upon the conversion of the Series A Convertible Preferred Shares held by Kanavos and his spouse, as joint tenants, that are convertible at $0.2433 per share; (E) 238,435 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Kanavos and his spouse, as joint tenants, that are convertible at $0.2097 per share; (F) 210,630 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by Kanavos and his spouse that are convertible at $0.1614 per share; (G) 260,552 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by Kanavos and his spouse that are convertible at $0.1919 per share; (H) 560,600 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by Kanavos and his spouse that are convertible at $0.2107 per share; and (I) 18,022.5 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by Kanavos and his spouse that are convertible at $0.4622 per share.
20
(4) Torino beneficially owns (i) directly 176,238 shares of Common Stock (consisting of 176,238 shares of Common Stock owned of record by Torino) and (ii) indirectly 25,232,306 shares of Common Stock (consisting of: (A) 7,240,419 shares of Common Stock owned of record by TTERB; (B) 2,142,858 shares of Common Stock issuable upon the exercise of presently exercisable warrants held by TTERB, half of which are exercisable at $4.50 per share and the other half of which are exercisable at $5.50 per share; (C) 390,626 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.08 per share; (D) 2,777,778 shares of Common Stock issuable upon the exercise of warrants held by TTERB, half of which are presently exercisable at $0.10 per share and the other half of which are presently exercisable at $0.11 per share; (E) 362,637 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.273 per share; (F) 618,557 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.291 per share; (G) 2,055,498 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.2919 per share; (H) 888,011 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.3041 per share; (I) 572,410 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.2621 per share; (J) 411,984 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.2403 per share; (K) 505,575 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.2018 per share; (L) 625,390 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.2399 per share; (M) 1,138,952 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.2634 per share; (N) 43,250 shares of Common Stock issuable upon the exercise of warrants held by TTERB that are presently exercisable at $0.5778 per share; and (O) 5,501,611 shares of Common Stock owned of record by Atlas). Excludes shares issuable upon conversion of Series A Convertible Preferred Shares, as follows: (A) 151,099 shares of Common Stock issuable upon the conversion of the Series A Convertible Preferred Shares held by TTERB that are convertible at $0.2184 per share; (B) 257,732 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by TTERB that are convertible at $0.2328 per share; (C) 856,531 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by TTERB that are convertible at $0.2335 per share; (D) 369,913 shares issuable upon the conversion of the Series A Convertible Preferred Shares held by TTERB that are convertible at $0.2433 per share; (E) 238,435 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by TTERB that are convertible at $0.2097 per share; (F) 210,630 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Shares held by TTERB that are convertible at $0.1614 per share; (G) 260,552 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by TTERB that are convertible at $0.1919 per share; (H) 560,600 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by TTERB that are convertible at $0.2107 per share; and (I) 18,022.5 shares of Common Stock issuable upon the conversion of Series B Convertible Preferred Shares held by TTERB that are convertible at $0.4622 per share.
(5) Held of record by The Huff Alternative Fund, L.P. and one of its affiliated limited partnerships (together, the “Huff Entities”). William R. Huff possesses the sole power to vote and dispose of all the shares of common stock held by the Huff Entities, subject to the internal screening procedures and other securities law compliance policies that from time to time require Mr. Huff to delegate to one or more employees of the Huff Entities transaction and/or securities disposition authority with respect to certain entities, including our company. All such employees serve under the ultimate direction, control and authority of Mr. Huff. Thus, Mr. Huff is deemed to beneficially own 6,739,542 shares of common stock. The address of the Huff Entities and Mr. Huff is 67 Park Place, Morristown, New Jersey 07960. Includes: (i) 7,781,209 shares of common stock owned of record by the Huff Entities and (ii) 2,083,334 shares of Common Stock issuable upon the exercise of warrants held by the Huff Entities, half of which are presently exercisable at $0.07 per share and the other half of which are presently exercisable at $0.08 per share. Excludes the one (1) outstanding share of our Non-Voting Designated Preferred Stock held by Huff.
(6) Messrs. Kanavos and Torino hold 2,071,471 and 3,117,155 of the shares reported above through the Private Clients and Asset Management business group of (“PCAM”) of Deutsche Bank AG and its subsidiaries and affiliates (collectively, “DBAG”). Deutsche Bank AG and Deutsche Bank Trust Company Americas has filed a Schedule 13G dated February 11, 2011 for such shares held by PCAM wherein it indicates PCAM holds such shares in the capacity of an investment adviser. According to the Schedule 13G, the filing does not reflect securities, if any, beneficially owned by any other business group of DBAG and the filing should not be construed as an admission that PCAM is, for purposes of Section 13(d) under the Securities Exchange Act, the beneficial owner of any of the shares covered by the filing. The address of DBAG is Theodor-Heuss-Allee 70, 60468 Frankfurt am Main, Federal Republic of Germany.
(7) Represents (i) 45,752 shares of common stock owned of record by Mr. Ledy; and (ii) 832,293 shares of Common Stock issuable upon the exercise of warrants held by Mr. Ledy that are presently exercisable at $0.2403 per share. Excludes 529,291 shares issuable upon conversion of Series B Convertible Preferred Shares that are convertible at $0.1922 per share.
(8) Includes: (i) 32,695 shares of common stock owned of record by Mr. Meyer; and (ii) 448,611 shares of Common Stock issuable upon the exercise of stock options held by Mr. Meyer that are presently exercisable at $0.18 per share.
(9) Represents 384,722 shares of Common Stock issuable upon the exercise of stock option held by Mr. Miller that are presently exercisable at $0.18 per share.
(10) Includes (i) 95,571 shares of Common Stock held by LMN 134 Family Company, LLC, a family company of which Mr. Nelson is manager; (ii) 100,000 shares of Common Stock issuable upon the exercise of stock options held by Mr. Nelson that are presently exercisable at $5.00 per share; and (iii) 60,000 shares of Common Stock issuable upon the exercise of stock options held by Mr. Nelson that are presently exercisable or exercisable within 60 days of June 12, 2012 at $6.00 per share.
21
(11) Includes: (i) 1,384,119 shares of common stock owned of record by Mr. Silverman; (ii) 478,612 shares of common stock owned of record by Silverman Partners, L.P., of which Mr. Silverman is the sole general partner; (iii) 48,897 shares of common stock issuable upon the exercise of stock options held by Mr. Silverman that are presently exercisable, 25,641 shares at $5.00 per share and 23,256 shares at $6.00 per share; (iv) 571,430 shares of common stock underlying presently exercisable warrants owned of record by Silverman Partners, L.P (these warrants are exercisable at prices of $4.50 per share for 285,715 of the underlying shares and $5.50 per share for 285,715 of the underlying shares); (v) 1,430,615 shares of Common Stock issuable upon the exercise of warrants held by Mr. Silverman that are presently exercisable at $0.2097 per share; and (v) 455,556 shares of Common Stock issuable upon the exercise of stock options held by Silverman that are presently exercisable at $0.18 per share. Excludes 595,948 shares issuable upon conversion of Series B Convertible Preferred Shares that are convertible at $0.1678 per share.
(12) Includes: (i) 118,400 shares of common stock owned of record by Mr. Sudack; (ii) 366,667 shares of Common Stock issuable upon the exercise of stock options held by Mr. Sudack that are presently exercisable at $0.18 per share; and (iii) 357,654 shares of Common Stock issuable upon the exercise of warrants held by Mr. Sudack that are presently exercisable at $0.2097 per share. Excludes 148,987 shares issuable upon conversion of Series B Convertible Preferred Shares that are convertible at $0.1678 per share.
(13) Includes an aggregate of 26,754,957 shares of common stock underlying presently exercisable warrants and options described above in notes 2, 3, 7, 8, 9, 10, and 11.
(14) The named person is a named executive officer.
(15) The named person is an executive officer.
(16) The named person is a director and a nominee for director at the annual meeting.
(17) The named person serves as the Preferred Director at the pleasure of Huff, who intends to reelect him at the annual meeting to serve as the Preferred Director.
(18) The named person is a director whose term will expire at the conclusion of the annual meeting.
(19) The named person is a nominee for director at the annual meeting.
I-Shops Orlando LLC
I-Shops Orlando LLC — whose principals include Chuck Whittall of Orlando-based Unicorp National Developments Inc. , Paul Kanavos of New York-based entertainment venue developer Circle Entertainment Inc. and Adam Raboy of Credit-Suisse in Scarsdale, N.Y. — bought the 42-acre resort site on the southeast corner of Sand Lake Road and International Drive for $32.4 million, or $771,429 per acre, on Dec. 1. 2011
New construction plans filed with Orange County show a planned hotel tower and meeting room expansion valued at $50 million-plus for the Wyndham Orlando Resort.
The 40-year-old, 1,054-room hotel at 8001 International Drive is part of the planned $100 million, 42-acre I-Shops retail redevelopment project. It’s slated to start by the fall, led by Orlando-based Unicorp National Developments Inc. The plan is to demolish nearly 300 of the Wyndham’s hotel rooms to make way for the retail portion of the I-Shops project.
Manager/Members Chuck Whittall - Paul Kanavos - Adam Raboy
Manager/Members
http://www.myfloridapropertystore.com/unicorp-related-entity-buys-wyndham-orlando-resort/
http://www.unicorpusa.com/sites/default/files/I_Shops_Orlando_Package_10-03-11.pdf
http://www.bizjournals.com/orlando/print-edition/2012/04/06/i-shops-project-giving-wyndham-50m.html?page=all
http://articles.orlandosentinel.com/2012-04-05/business/os-i-drive-unicorp-shops-20120405_1_chuck-whittall-unicorp-darden-restaurants
http://www.scherercfl.com/bids/data/I-Shops%20Wyndham%20Specifications.pdf
http://www.unicorpusa.com/news/unicorp-developing-multimillion-dollar-i-drive-projects
HARMON CORNER
BPS Partners is building a three-level, 110,184-square-foot enclosed shopping mall at the northeast corner of Las Vegas Boulevard and Harmon Avenue. The project's working title is Harmon Corner. and has the World’s Largest Full Motion LED
Real estate developer Brett Torino, leads BPS Partners. Penta Building Group is the general contractor.
BPS PARENT, LLC - Managing Members - Brett Torino - Paul Kanavos - Steven Johnson
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=ohcpBx0meST6euMVc30n%252bg%253d%253d&nt7=0
http://www.lasvegassun.com/news/2010/feb/08/pricey-land-buy-bit-surprise/
http://www.lvrj.com/business/times-square-inspired-project-120764414.html
http://brandedcities.com/harmon-corner-2/
http://brandedcities.com/wp-content/uploads/2012/08/BCN_CenterStageVegas.pdf
http://brandedcities.com/wp-content/uploads/2012/07/LV_HARMON_Photosheet.pdf
http://brandedcities.com/wp-content/uploads/2012/10/LV_HARMON_Spec-Sheets.pdf
https://twitter.com/HarmonCorner
http://www.vegastodayandtomorrow.com/harmoncorner.htm#.UI1RV8XA_V4
http://www.vegaschatter.com/story/2012/10/3/04934/1150/vegas-travel/About+That+Construction+At+Las+Vegas+Boulevard+And+Harmon
http://www.pentabldggroup.com/blog/?tag=harmon-corner
Recently formed entities
associated with Brett Torino Paul Kanavos Adam Raboy Chuck Whittall Robert Sillerman
I SHOPS LLC
I SHOPS MEMBER LLC
I SHOPS ORLANDO, LLC
I-DRIVE LIVE, LLC
I-DRIVE LIVE PARENT LLC
IDL WHEEL TENANT, LLC
IDL MASTER TENANT, LLC
I-DRIVE WHEEL, LLC
WHEEL, LLC
BPS 2, LLC
BPS HARMON, LLC
BPS PARTNERS, LLC
BPS PARENT, INC
BPS NEVADA, LLC
BPS MEDIA GROUP, LLC
HT MERGER SUB, LLC
The Seller is informed or not
I think the seller is not informed
If the seller is informed, so will the FBI
WHEEL L.L.C.
Business Entity Information
Status: Active File Date: 9/28/2012
Type: Domestic Limited-Liability Company Entity Number: E0510822012-3
Qualifying State: NV List of Officers Due: 9/30/2013
Managed By: Managing Members Expiration Date:
NV Business ID: NV20121597515 Business License Exp: 9/30/2013
Registered Agent Information
Name: BRETT TORINO Address 1: 4455 WAGON TRAIL AVENUE
Address 2: City: LAS VEGAS
State: NV Zip Code: 89118
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State:
Mailing Zip Code:
Agent Type: Noncommercial Registered Agent
View all business entities under this registered agent
Officers Include Inactive Officers
Manager - BRETT TORINO
Address 1: 4455 WAGON TRAIL AVENUE Address 2:
City: LAS VEGAS State: NV
Zip Code: 89118 Country:
Status: Active Email:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Vq5qQ1vJmInXiCVWLHtVcA%253d%253d&nt7=0
--------------------------------
That's funny registered the next day after
I-DRIVE WHEEL, LLC is registered in Delaware
File Number: 5219274
Incorporation Date / Formation Date: 09/27/2012
(mm/dd/yyyy)
Entity Name: I-DRIVE WHEEL, LLC
------------------------------------------
HERE IS THE LIST SO FAR
I SHOPS LLC
I SHOPS MEMBER LLC
BPS HARMON, LLC
HT MERGER SUB, LLC
BPS 2, LLC
BPS MEDIA GROUP, LLC
I-DRIVE LIVE PARENT LLC
IDL WHEEL TENANT, LLC
IDL MASTER TENANT, LLC
I-DRIVE WHEEL, LLC
WHEEL, LLC
2 Premium Articles
On Orlando Business Journal (subscription required to read full article) Full article maybe posted on Unicorp site soon.
http://www.unicorpusa.com/news
5 minutes with Chuck Whittall
Orlando Business Journal by Anjali Fluker, Senior Staff Writer
Date: Friday, October 26, 2012, 6:00am EDT
There’s nothing more rewarding for Chuck Whittall than seeing his vision of magnificent architecture come to reality.
The principal of Orlando-based retail developer Unicorp National Developments Inc. — whose company is known for creating high-profile shopping and dining destinations in Central Florida and beyond — just sold some of his firm’s most successful developments to focus on his next round of destinations.
Whittall, 46, on Oct. 22 announced his firm sold six of its retail centers — including his $100 million crown jewel, Dellagio on Sand Lake Road in the Dr. Phillips area — for $263 million to San Diego, ...
http://www.bizjournals.com/orlando/print-edition/2012/10/26/5-minutes-with-chuck-whittall.html
---------------------------------------------
I-Drive to get Red Robin restaurant, Kings Bowl
Orlando Business Journal by Anjali Fluker, Senior Staff Writer
Date: Friday, October 26, 2012, 6:00am EDT
Unicorp National Developments Inc. will start construction next year on new restaurant and retail spaces at its two new mixed-use projects on International Drive: I-Drive Live and I-Shops.
Among the new tenants: a new Red Robin Restaurant and a bowling alley entertainment complex.
Orlando-based Unicorp and its project partner, New York-based Circle Entertainment Inc., began site work this fall on the $200 million I-Drive Live and started work last summer on an expansion and renovation of the 1,054-room Wyndham Orlando Resort next door as part of its $100 million I-Shops project.
Both projects will share a 1,200-space, no-fee parking garage, ..
http://www.bizjournals.com/orlando/print-edition/2012/10/26/i-drive-to-get-red-robin-restaurant.html
Flag Luxury Properties, LLC
Sillerman, Kanavos and Torino own this one also...hahahah
I don't think there are any assets there only liabilities
HT MERGER SUB, LLC
Is this the smoking gun? who knows?
The merger of Harmon Corner Las Vegas into CEXE
Filed with Delaware Division of Corporations
in chronological File Number on the same date
all other Deleware confirmed association with BPS PARTNERS, LLC
all Deleware corps with nevada active status
BPS 2, LLC NV20121622153 Active Foreign Limited-Liability Company
BPS HARMON, LLC NV20121622182 Active Foreign Limited-Liability Company
BPS MEDIA GROUP, LLC NV20121622554 Active Foreign Limited-Liability Company
Filed with Delaware Division of Corporations
in chronological File Number on the same date
File Number: 5198931
Incorporation Date / Formation Date: 08/15/2012
(mm/dd/yyyy)
Entity Name: BPS HARMON, LLC
File Number: 5198932 (none)
File Number: 5198933
Incorporation Date / Formation Date: 08/15/2012
(mm/dd/yyyy)
Entity Name: HT MERGER SUB, LLC
File Number: 5198934
Incorporation Date / Formation Date: 08/15/2012
(mm/dd/yyyy)
Entity Name: BPS 2, LLC
File Number: 5198935
Incorporation Date / Formation Date: 08/15/2012
(mm/dd/yyyy)
Entity Name: BPS MEDIA GROUP, LLC
BPS PARENT, LLC ??
(paul brett steven) not sillerman
Raboy, Sillerman, or Whittall no nevada Managing Members
for any registered corps
http://nvsos.gov/sosentitysearch/
Business Entity Information
Status: Convert Out File Date: 3/26/2010
Type: Domestic Limited-Liability Company Entity Number: E0134912010-6
Qualifying State: NV List of Officers Due: 3/31/2013
Managed By: Managing Members Expiration Date:
NV Business ID: NV20101219182 Business License Exp: 3/31/2013
Registered Agent Information
Name: MICHAEL R TOWNSEND Address 1: 4455 WAGON TRAIL AVE.
Address 2: City: LAS VEGAS
State: NV Zip Code: 89118
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State: NV
Mailing Zip Code:
Agent Type: Noncommercial Registered Agent
View all business entities under this registered agent
Officers Include Inactive Officers
Managing Member - YNOT LIVING TRUST DATED 01/21/10 BRETT TRUSTEE
Address 1: 4455 WAGON TRAIL AVE Address 2:
City: LAS VEGAS State: NV
Zip Code: 89118-4430 Country:
Status: Active Email:
Managing Member - PDOK, LLC PAUL KANAVOS/ MANAGER
Address 1: 650 MADISON AVE 15TH FL Address 2:
City: NEW YORK State: NY
Zip Code: 10022 Country:
Status: Active Email:
Managing Member - SJJ DEVELOPMENT LLC STEVEN J JOHNSON/ MANAGER
Address 1: 11525 EAST FOUR PEAKS RD Address 2:
City: SCOTTSDALE State: AZ
Zip Code: 85262 Country:
Status: Active Email:
---------------------------------------------------
I Shops & I Drive & Harmon Corner
Pro....the case for all three is there
Adam Raboy, Chuck Whittall, and Paul Kanavos all Managing members of:
IDL WHEEL TENANT, LLC
IDL MASTER TENANT, LLC
I SHOPS ORLANDO, LLC
Plus if BPS HARMON, LLC is from Nevada *(aka BPS Partners is a Nevada LLC)
that would explain the inclusion of Brett Torino as a
Managing member of IDL MASTER TENANT, LLC (after the shared services agreement had been terminated)
Division of Corporations -Deleware
File Number: 5198931
Incorporation Date / Formation Date: 08/15/2012
Entity Name: BPS HARMON, LLC
Entity Kind: LIMITED LIABILITY COMPANY (LLC) Entity Type: GENERAL
Residency: DOMESTIC State: DE
----------------------------------------------------------
File Number: 5215939
Incorporation Date / Formation Date: 09/20/2012
Entity Name: I-DRIVE LIVE PARENT LLC
Entity Kind: LIMITED LIABILITY COMPANY (LLC) Entity Type: GENERAL
Residency: DOMESTIC State: DE
-------------------------------------------------------------
IDL WHEEL TENANT, LLC
http://www.sunbiz.org/pdf/00242216.pdf
Foreign Limited Liability Company
IDL WHEEL TENANT, LLC
Filing Information
Document Number M12000005559
FEI/EIN Number NONE
Date Filed 10/04/2012
State DE
Status ACTIVE
Principal Address
650 MADISON AVENUE
15TH FL
NEW YORK NY 10022
Manager/Member Detail
Name & Address
Title MGR
WHITTALL, CHUCK
7940 VIA DELLAGIO WAY, SUITE 200
ORLANDO FL 32819
Title MGR
RABOY, ADAM
650 MADISON AVENUE, 15TH FL
NEW YORK NY 10022
Title MGR
KANAVOS, PAUL
650 MADISON AVENUE, 15TH FL
NEW YORK NY 10022
Annual Reports
No Annual Reports Filed
-----------------------------------------------
IDL MASTER TENANT, LLC
http://www.sunbiz.org/pdf/00242220.pdf
Filing Information
Document Number M12000005561
FEI/EIN Number NONE
Date Filed 10/04/2012
State DE
Status ACTIVE
Principal Address
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Manager/Member Detail
Name & Address
Title MGR
WHITTALL, CHUCK
7940 VIA DELLAGIO WAY SUITE 200
ORLANDO FL 32819
Title MGR
RABOY, ADAM
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Title MGR
KANAVOS, PAUL
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Title MGR
TORINO, BRETT
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
--------------------------------------------------
I SHOPS ORLANDO, LLC
Cross Reference Name
I SHOPS LLC
Filing Information
Document Number M11000005985
FEI/EIN Number 453554301
Date Filed 11/29/2011
State DE
Status ACTIVE
Principal Address
7940 VIA DELLAGIO WAY
ORLANDO FL 32810
Manager/Member Detail
Name & Address
Title MGR
WHITTALL, CHARLES
7940 VIA DELLAGIO WAY
ORLANDO FL 32810
Title MGR
KANAVOS, PAUL C
650 MADISON AVENUE
NEW YORK NY 10022
Title MGR
RABOY, ADAM
295 GLENDALE ROAD
[/img]SCARSDALE NY 10583
---------------------------------------------
BPS PARTNERS, LLC
Business Entity Information
Status: Active File Date: 1/7/2010
Type: Domestic Limited-Liability Company Entity Number: E0005882010-5
Qualifying State: NV List of Officers Due: 1/31/2013
Managed By: Managers Expiration Date:
NV Business ID: NV20101014925 Business License Exp: 1/31/2013
-------------------------------------------------
All of these are Assoc w BPS PARTNERS, LLC
but all Deleware corps
BPS 2, LLC NV20121622153 Active Foreign Limited-Liability Company
BPS HARMON, LLC NV20121622182 Active Foreign Limited-Liability Company
BPS MEDIA GROUP, LLC NV20121622554 Active Foreign Limited-Liability Company
No - SFX HOLDING Corp
sold $8,000,000 worth of stock thru SFX HOLDING Corp
http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001553588&action=getcompany
and also
SFX-LIC OPERATING LLC
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=M12000004271&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=SFX&names_filing_type=
888,108 naked shares short since Sept 4
http://otcshortreport.com/CEXE
I can't believe it.
No Reg SHO Threshold Flag orRule 4320 Flag
Reported short interest
Sept 28, 2012 3,952
http://www.otcmarkets.com/stock/CEXE/short-sales
Merlin Trademarks EYE
Wishful thinking for Merlin or do they have something in NYC & ATL
Merlin Attractions Operations Limited - Trademarks
ORLANDO EYE
ATLANTA EYE
NEW YORK EYE
EYE
EYE360
I360
MADAME TUSSAUD'S
MERLIN MAGIC MAKING
http://www.trademarkia.com/company-merlin-attractions-operations-limited-3600103-page-1-2
http://www.starneth.com/
http://www.newyorkwheel.com/
http://www.caesars.com/thelinq/
http://skyvuelasvegas.com/
http://myrtlebeachskywheel.com/
http://seattlegreatwheel.com/
http://360pensacolabeach.com/
where is orlando...I'm starting to believe CEXE management is incompetent
i dont' know....
Call and ask
HON. EILEEN BRANSTEN [COMMERCIAL DIVISION]
60 Centre Street, Room 521
New York, New York 10007
Phone: (646) 386-3184
Law Clerk: Abby B. Geller, Esq.
Associate Law Clerk: Kelly Mauceri, Esq.
Commercial Division Law Clerk: Anastasia Wincorn, Esq.
[PROPOSED] ORDER AND JUDGMENT APPROVING SETTLEMENT
This is done.
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=yQhJs8CjdxfihwF97236VQ==&system=prod
Another date set for Oct 29, 2012
004
BRANSTEN, EILEEN
Monday,
Oct 29, 2012
IAS MOTION 3EFM
MOTION
-
-
AWAIT TRANS
http://iapps.courts.state.ny.us/iscroll/MotionApp.jsp?IndexNo=06503382010&CID=004&APPF=Tuesday,%20%3Cbr%3E%20%20Jul%2017,%202012&XCID=4
Unicorp inks Red Robin, King’s Bowling, other deals to I-Drive projects
http://www.bizjournals.com/orlando/blog/2012/10/unicorp-inks-red-robin-kings.html?page=all
Unicorp inks Red Robin, King’s Bowling, other deals to I-Drive projects
Orlando Business Journal by Anjali Fluker, Senior Staff Writer
Date: Tuesday, October 23, 2012, 12:01pm EDT
Enlarge Image
Courtesy of Antunovich Associates
Unicorp National Developments Inc. is bringing several new tenants to its projects along International Drive including a Red Robin restaurant and a bowling alley concept that would debut its fourth location nationwide.
Anjali Fluker
Senior Staff Writer- Orlando Business Journal
Email | Twitter
Unicorp National Developments Inc. is kicking into high gear on its mixed-use projects along International Drive — complete with a new Red Robin restaurant and a bowling alley concept that would debut its fourth location nationwide.
The Orlando-based developer, which on Oct. 22 announced it sold six of its existing retail centers for $263 million, did so to focus on its new developments.
Among Unicorp’s new developments: I-Shops, the $100 million renovation/expansion/redevelopment of the 1,054-room Wyndham Orlando Resort, along with the $200 million I-Drive Live, which is anchored by the 425-foot Orlando Eye observation wheel and Merlin Entertainments Group Ltd.’s Madame Tussauds wax museum and Sea Life Aquarium.
Unicorp principal Chuck Whittall announced at a gathering of Commercial Real Estate Women last week that his firm has signed several tenants for both projects. Among those are gourmet burger eatery Red Robin, Cooper’s Hawk Winery, Chuy’s Tex-Mex restaurant, Outback Steakhouse, Carrabba’s Italian Grill, Buffalo Wild Wings plus a new concept called Seafood Republic, created by Orlando restaurateur Bobby Moore.
Moore, who previously brought Race Rock Restaurant and Beluga restaurant into Central Florida, also created Big Fin Seafood Kitchen at Dellagio, the 130,000-square-foot mixed-use development which was part of the sale announced by Unicorp on Oct. 22.
Additionally, the firm signed Kings Bowl, a bowling-dining-entertainment complex, to 28,000 square feet of space at the former Gooding’s Supermarket, which is now part of the I-Drive Live project.
Unicorp also is in talks with several other nationally recognized retailers, including LongHorn Steakhouse, BJ’s Restaurant and Brew House, Starbucks and Wawa.
A fairness opinion!
Ladenburg Thalmann & Co. Inc.
http://www.ladenburg.com/services/ladenburg-thalmann-co-inc/recent-deals
What is a fairness opinion?
A fairness opinion is a detailed analysis of a purchase offer by a valuation firm or investment bank, stating its belief that an offer made to acquire a target company is fair. A fairness opinion is typically compiled late in the negotiations between the buyer and seller, since doing so any earlier would be a waste of money if the deal were to fall apart. The opinion is usually obtained on behalf of the board of directors of the selling business.
A fairness opinion gives the board of directors a defense in case it is later sued by investors for negligence in having sold the business for too low an amount. The fairness opinion does not state whether the bid price is the best one that could be obtained, only whether the price is fair. Thus, the fairness opinion only mitigates the liability of the board of directors. Nonetheless, it can be an important defense if a public company is involved in an acquisition transaction, since there is a greater chance that a shareholder will sue the board over the transaction. It may be of particular importance where there appear to be anomalies in the acquisition transaction, such as a deal with a related party or where there was only a single bid.
There are some concerns about fairness opinions. First, they are expensive – a six-figure or several million-dollar fee is not uncommon. The high price is charged because the entity working on it is highly skilled and is also under considerable time pressure – usually just a few days to a week. Also, the fairness opinion could be used as evidence in a shareholder lawsuit, so it needs to be precise. Thus, the elements of skill, time pressure, exactitude, and risk combine to yield a high price for the opinion. There is also a concern that some fairness opinion work is handed to the investment banks already involved in an acquisition transaction, which means that they will also be paid a contingent fee if the business is sold. Thus, an investment bank that is involved in both an acquisition and the fairness opinion is not necessarily an impartial observer.
Fairness opinions are rarely used when transactions are between privately-held companies, since there are so few shareholders involved that a lawsuit is much less likely.
Monday, Oct 22, 2012
Settlement hearing postponed to Monday, Oct 22, 2012
http://iapps.courts.state.ny.us/iscroll/MotionApp.jsp?IndexNo=06503382010&CID=004&APPF=Tuesday,%20%3Cbr%3E%20%20Jul%2017,%202012&XCID=4
I-DRIVE LIVE PARENT LLC
THIS IS NOT A STATEMENT OF GOOD STANDING
File Number: 5215939 Incorporation Date /
Formation Date: 09/20/2012
(mm/dd/yyyy)
Entity Name: I-DRIVE LIVE PARENT LLC
Entity Kind: LIMITED LIABILITY COMPANY (LLC) Entity Type: GENERAL
Residency: DOMESTIC State: DE
REGISTERED AGENT INFORMATION
Name: THE CORPORATION TRUST COMPANY
Address: CORPORATION TRUST CENTER 1209 ORANGE ST
City: WILMINGTON County: NEW CASTLE
State: DE Postal Code: 19801
Phone: (302)658-7581
IDL MASTER TENANT, LLC
Title MGR
TORINO, BRETT
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
what does that mean?
http://www.sunbiz.org/pdf/00242220.pdf
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=M12000005561&inq_came_from=OFFFWD&cor_web_names_seq_number=0004&names_name_ind=P&ret_names_cor_number=&ret_cor_web_names_seq_number=&ret_names_name_ind=&ret_names_comp_name=&ret_names_filing_type=&ret_cor_web_princ_seq=&ret_princ_comp_name=TORINOBRETT&ret_princ_type=
IDL WHEEL TENANT, LLC
http://www.sunbiz.org/pdf/00242216.pdf
Foreign Limited Liability Company
IDL WHEEL TENANT, LLC
Filing Information
Document Number M12000005559
FEI/EIN Number NONE
Date Filed 10/04/2012
State DE
Status ACTIVE
Principal Address
650 MADISON AVENUE
15TH FL
NEW YORK NY 10022
Mailing Address
650 MADISON AVENUE
15TH FL
NEW YORK NY 10022
Registered Agent Name & Address
C T CORPORATION SYSTEM
1200 SOUTH PINE ISLAND ROAD
PLANTATION FL 33324 US
Manager/Member Detail
Name & Address
Title MGR
WHITTALL, CHUCK
7940 VIA DELLAGIO WAY, SUITE 200
ORLANDO FL 32819
Title MGR
RABOY, ADAM
650 MADISON AVENUE, 15TH FL
NEW YORK NY 10022
Title MGR
KANAVOS, PAUL
650 MADISON AVENUE, 15TH FL
NEW YORK NY 10022
Annual Reports
No Annual Reports Filed
-----------------------------------------------
http://www.sunbiz.org/pdf/00242220.pdf
Foreign Limited Liability Company
IDL MASTER TENANT, LLC
Filing Information
Document Number M12000005561
FEI/EIN Number NONE
Date Filed 10/04/2012
State DE
Status ACTIVE
Principal Address
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Mailing Address
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Registered Agent Name & Address
C T CORPORATION SYSTEM
1200 SOUTH PINE ISLAND ROAD
PLANTATION FL 33324 US
Manager/Member Detail
Name & Address
Title MGR
WHITTALL, CHUCK
7940 VIA DELLAGIO WAY SUITE 200
ORLANDO FL 32819
Title MGR
RABOY, ADAM
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Title MGR
KANAVOS, PAUL
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Title MGR
TORINO, BRETT
650 MADISON AVENUE 15TH FLOOR
NEW YORK NY 10022
Annual Reports
No Annual Reports Filed
http://circlexe.com/ New Website Address?
???
http://www.reversemx.com/mx/flagsmtp.flagluxury.com/
flagsmtp.flagluxury.com - Mail Server
flagsmtp.flagluxury.com is a mail server for the domains flagluxury.com, flaganguilla.com, fxluxury.com, circlexe.com, and resolves to the IP address 160.79.154.211.
Domain Names
@flagluxury.com
@flaganguilla.com
@fxluxury.com
@circlexe.com
Mail Server IP Addresses
160.79.154.211
Mail Servers at flagluxury.com
flagsmtp.flagluxury.com