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Thursday, 03/14/2024 2:11:40 PM

Thursday, March 14, 2024 2:11:40 PM

Post# of 23704
Info re Takiza Taco in LODO 2024 lease (and assorted digressions) ...

Follow the link to the PDF
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjKi67Yo_SEAxWaEGIAHXh2ACUQFnoECBsQAQ&url=https%3A%2F%2Fwww.downtowndenver.com%2Fwp-content%2Fuploads%2FHF_Update_January-2024_FINAL.pdf&usg=AOvVaw09d0yU0fmkqXivr1xLCm4b&opi=89978449

Search the PDF for "1519" and find this entry:
F&B Takiza Taco & Tequila Bar 1519 Wynkoop

in the table for "Announced Retail/Restaurant Leases" which is under "Retail Leases Coming Soon - 2024".

The document title is "High Frequency Economic Update/January 2024" from the "Downtown Denver Partnership."

Unfortunately "Coming Soon" doesn't supply 'how soon' dates, but this tends to back up the idea that Nixon is going to open another Takiza Taco place, as announced in 2022, in Lower Downtown (LODO) Denver. But still, it is good news of sorts.

But, I hate to think that Nixon has actually been leasing the Wynkoop St address since 2023 to get it ready while wading through the abyss of Denver restaurant licensing red-tape, which in turn brings me to a point made by Jason (a paraphrase from memory), that Nixon would have to close one of his restaurants to cover the expense of filing his financials.

Obviously Nixon has the money to open this new TT&TB in LODO, and maybe to have been leasing it for quite some time to get it ready. Nixon had the cash to convert the Arvada Illegal Burger into the first TT&TB to open. Nixon had the cash a year+ ago to open the second Kalaka Mexican Kitchen. Nixon had the spare cash to buy, refurbish and reopen the place he turned into El Cazo Mexican Kitchen in 2022, only to close it mid-2023. Nixon also closed the Capitol Hill Illegal Burger and Illegal Pizza in FL. He's now hinted at a new restaurant called Bodega Taco & Margarita Bar. He's also closed the pointless Illegal Brands product lines. (He's also got an LLC for something called Casa Saulsbury.)

Nixon has to pay his IRS (and state) business taxes. It's hard to believe that he doesn't have the audited figures on hand to convert into Edgar (or OTC Markets) filings and the cash to do it.

Brenda Hamilton has recently made a blog post on how companies can go public, however these are all for new issuers. Brenda has never addressed -- or has always skirted around -- Nixon's company that she's been involved with for years, namely how a revoked company that is not a shell and is fully operational can return to the market.

It's also great to see blog posts from Brenda about toxic death-spiral financiers of various sorts getting their just desserts in prison cafeterias, but what about someone like Nixon who simply stopped filing, and made his company 'private' without a proper buy-out offer to his shareholders? Sure Nixon maybe deserves a tear shed for having been hosed by guys who are now in jail for diluting his stock with shady convertible notes, but again, he's open and operating.

To Brenda: How does Nixon get a 100% free pass from responsibility to his common stock share holders? Or are you working on a blog post about how a guy like Nixon deserves absolution from the guilt that put his financiers in jail since he took their money for convertible notes in the first place?
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