InvestorsHub Logo
Followers 3157
Posts 962074
Boards Moderated 182
Alias Born 09/04/2000

Re: A deleted message

Sunday, 03/24/2013 1:47:38 AM

Sunday, March 24, 2013 1:47:38 AM

Post# of 34565
when i mentioned this back a few said this is old stuff. i like your message as i was trying to express back a few

when 'Big Three Restaurants, Inc (BTHR)' was to i.p.o. over $2.00 pps.



re;
I am sorry but I am not sure you own any shares here, I think you OWE shares to your broker lol!!! My advice is to cover on Monday at the open of the bell. here is an article to prove that they have secured financing:

Big Three Restaurants, Inc. Announces Investment Banking Agreements for $10,000,000 in Acquisition Financing and $30,000,000 in a Firm Commitment Public Offering

ORLANDO, Fla., Aug. 8, 2012 (GLOBE NEWSWIRE) -- Big Three Restaurants, Inc. (OTCQB:BTHR) announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in sourcing capital. The investment banking firm was founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange and a full-service broker-dealer employing over 500 people. The firm manages two Morningstar-rated funds with over $2.8 Billion of retail accounts, nearly 100 registered representatives and 20 investment advisors in six offices.

Under the first agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing of up to $10,000,000. The Company must meet various terms and conditions which it believes are reasonable and attainable.

The second agreement anticipates a public offering of $30,000,000 on a firm commitment basis. The planned offering is subject to the Company's successful acquisition of additional restaurant properties.

The Company's chairman and chief executive officer, John V. Whitman, Jr., said, "We are exceedingly pleased to establish this relationship with such a prestigious New York Stock Exchange member firm, which validates our business plan. We expect the assistance of this well established investment banker will accelerate our growth. We have launched an aggressive acquisition program, beginning due diligence on several acquisition targets. Our management believes we can satisfy the conditions in both investment banking agreements."

ABOUT THE COMPANY

The Company owns and operates Philly Westshore Franchising Enterprises, Inc., which franchises 35 independent Philly Westshore stores and Bobby V's Original Westshore Pizza, an eighty-three seat sports bar and restaurant in Tampa, Florida.

SAFE HARBOR AND INFORMATIONAL STATEMENT

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's registration statement and reports filed with the SEC. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.

For more information about Big Three Restaurants, Inc.,
check its EDGAR filings at: http://www.sec.gov/ or
by calling John V. Whitman Jr., at 516-375-6649