Low Floaters Paradise

[artmaniac]

$IRGTQ .055~~~~> BILLIONAIRE BUYOUT~~~~~>> Bidding process finalized for Joe’s Crab Shack, Brick House

Monday Load all you can - small float 26 million shares

https://www.bizjournals.com/houston/news/2017/07/07/bidding-process-finalized-for-joe-s-crab-shack.html

Houston-based Ignite Restaurant Group submitted its Chapter 11 plan and bidding procedures for the company’s two brands— Joe’s Crab Shack and Brick House Tavern + Tap — in bankruptcy court this week.

So far, two companies have officially offered to buy Ignite’s brands. The bidding process will give other companies until 4 p.m. Central Time on Aug. 3 to submit a competing bid.


July 2014 CRMBQ (crumbs cupcake co.) Went belly up the stock sank to .02 ...untill Marcus limonus (the profit show) bought the company and it blasted to .75 in 2 days...,,well anyways Joe's Crab shack went belly up (IRGTQ) and it's sank to .01 *** billion dollar buyer show's Tilman Fertitta is in a bidding war ($55m to buy ignite restaurant group IRGTQ -We will have the result Aug 7th and yes he is top bidder...... https://www.bizjournals.com/houston/news/2017/07/07/bidding-process-finalized-for-joe-s-crab-shack.html **** look at the share structure Market Value1 $523,187 a/o Aug 01, 2017
Authorized Shares Not Available
Outstanding Shares 26,159,351 a/o May 12, 2017 ************************************************************************* Tilman Fertitta

Tilman-Fertitta-Net-Worth.jpg
Born June 25, 1957 (age 60)
Galveston, Texas, U.S.
Residence Houston, Texas, U.S.
Nationality American
Occupation Businessman
Net worth IncreaseUS$2.8 billion (January 2017)
Spouse(s) Paige Fertitta
Children 4
Tilman Joseph Fertitta (born June 25, 1957) is an American businessman and television personality. He is the chairman, CEO, and sole owner of Landry's, Inc., one of the nation’s largest restaurant corporations.[2][3]

In 2013, his net worth was estimated at $2.4 billion, placing him at No. 235 on the Forbes 400 list of the wealthiest Americans;[4] Forbes calls him the “World’s Richest Restaurateur”.[5]

Fertitta is also chairman of the Board of Regents of the University of Houston System.[6] Fertitta became the star of Billion Dollar Buyer on CNBC.


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