HOTR - Chanticleer Holdings

[OracleofCarolina]

http://www.charlotteobserver.com/2013/08/14/4236763/charlotte-operator-of-hooters.html

I have been to American Roadside Burgers multiple times as it was within walking distance of my condo. I thought it was good, high-quality, fast casual burger joint. I am not a big burger guy so i usually went with a chicken sandwich. This particular location had a big lunch crowd and was slow at night. Many times I would be the only person in there if I went on the weekend when nothing was going on in uptown Charlotte.

Seems like a great win to have Lewison join the board. Bojanges was one of my favorite places in my younger days..now my system can't handle the spicy fried food that is so good from Bojangles : )

[cmattporter]

I thought this was a VI forum?

[OracleofCarolina]

http://www.charlotteobserver.com/2013/08/30/4276226/chanticleer-looks-to-grow-globally.html

update on Chanticleer and brief interview with Mike Pruitt.

[OracleofCarolina]

http://m.bizjournals.com/charlotte/print-edition/2013/10/04/how-global-growth-tops-the-menu-for.html?ana=sm_clt_ucp5&b=1380816229%5E12917512&r=full

another update on Chanticleer

[rkbabang]

http://www.charlotteobserver.com/2013/08/30/4276226/chanticleer-looks-to-grow-globally.html
update on Chanticleer and brief interview with Mike Pruitt.

From ^^ that article:

Q: What’s the next big thing for Chanticleer?

Our lead banker … when I asked him, “What would you do if you were me?” his response was, “You’re building some pretty impressive people and teams in these international markets. You could position Chanticleer to be the first call made by successful U.S. brands who want to expand internationally.”

Q: And are you thinking about doing that?

I haven’t done anything to promote that, but I can tell you there’s a burger chain in this country, that’s iconic, that’s already approached me. I’ve had another significant company, a juice company, approach me. So I’m already being approached by concepts.

And today they are raising more cash: 

Chanticleer Holdings Announces $1.6 Million Equity Financing

[rkbabang]

Chanticleer Holdings Announces Acquisition of Just Fresh Restaurants

"it has acquired a 51% stake in JF Restaurants, LLC and JF Franchising Systems, LLC, owners of the Charlotte-based Just Fresh Restaurant chain. The Just Fresh restaurant chain first opened in 1994 and currently operates 5 company owned locations throughout North Carolina ... "I look forward to working with Shelly Curtin and her great team, as well as the current owners who remain as minority partners moving forward," Mr. Pruitt added."

[fuluvu]

Mike Pruit's favorite game and he is very good at it. But, where is the profit?

Chanticleer Holdings Announces Closing of Private Placement With Accredited Investors, Raising $800K capital; 11/13/13
http://ir.stockpr.com/chanticleerholdings/company-news/detail/684/chanticleer-holdings-announces-closing-of-private-placement-with-accredited-investors

[Gamecock-YT]

Chanticleer Holdings Announces Acquisition of Just Fresh Restaurants

"it has acquired a 51% stake in JF Restaurants, LLC and JF Franchising Systems, LLC, owners of the Charlotte-based Just Fresh Restaurant chain. The Just Fresh restaurant chain first opened in 1994 and currently operates 5 company owned locations throughout North Carolina ... "I look forward to working with Shelly Curtin and her great team, as well as the current owners who remain as minority partners moving forward," Mr. Pruitt added."

Never been a fan. But with the prices they charge, someone must be making a tidy profit.

[rkbabang]

Chanticleer Holdings Announces Investment in Beacher's Madhouse in Las Vegas, Nevada

"Chanticleer Holdings, Inc. announced today that is has made a $500,000 investment in the new Beacher's Madhouse to be located in Las Vegas, Nevada...

As part of the investment into Beacher's Madhouse, Chanticleer received the right to participate in the financing of up to 25% offered to third party investors in any new Beacher's Madhouse location as well as the exclusive rights to the United Kingdom, South Africa and Australia."

[OracleofCarolina]

A lot of activity recently from Chanticleer(Just Fresh, American Roadside, new Hooters), it has been fun watching and I hope they succeed.

Today, they announced an investment in "Beacher's Madhouse" opening in Las Vegas. Any boardmembers been to a Beacher Madhouse show? It looks like a crazy event.

As far as I can tell, they invested $500,000 plus gave around 50,000 shares and in return get the option to purchase into new "Beacher's Madhouses" that may or may not open.

http://www.sec.gov/Archives/edgar/data/1106838/000114420413065009/v361932_ex99-1.htm