Banneker Inc. (BANI)

[stervc]

Blue_Horse_Shoe, with BANI...

First, thanks and good call on BANI at .50 per share. I appreciate the headsup on it.

The potential here is huge and it still looks like it has some more room to run. Having Josten involved is some very serious stuff. Read below which could be the direction that BANI heads in the future:

http://www.jostens.com/company/investor/index.asp
Financial History
On October 4, 2004, Kohlberg Kravis Roberts & Co. (KKR) and DLJ Merchant Banking Partners III, L.P., an affiliate of Credit Suisse First Boston's Alternative Capital Division ("DLJMBP"), announced the completion of transactions which put Jostens, Inc., Von Hoffmann and ARCADE Marketing, all three companies leaders in their respective markets and previously owned by DLJMBP, under one company owned by KKR, DLJMBP, management and certain other investors. The three companies are subsidiaries of Visant Holding Corp. and Visant Corporation and form a specialty printing and marketing services enterprise.

Previously, on July 29, 2003, CSFB Private Equity and Jostens, Inc. announced that DLJ Merchant Banking Partners, III, L.P. completed its previously announced acquisition of Jostens, Inc. from Investcorp, MidOcean Partners and other Jostens shareholders at approximately $48 per common share in cash. CSFB Private Equity, the global private equity arm of Credit Suisse First Boston, is the largest private equity manager in the world, with more than $28 billion of assets under management. DLJ Merchant Banking Partners III, L.P., is a fund managed by CSFB Private Equity.

Previously, on May 10, 2000, Investcorp, Deutsche Bank and members of senior management had purchased approximately 94% of Jostens' shares for $25.25 per share. After the completion of the takeover, Jostens was delisted from the New York Stock Exchange and the ticker symbol JOS expired.

Mr. Otto Josten founded the company in 1897 as a watch repair business in Owatonna, MN. The company went public in 1959 and was listed on the New York Stock Exchange from June 16, 1965 until May 10, 2000.

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v/r
Sterling