savvy investors small - cap report executive hospitality corp ( ehpc )
operator of " joseph ' s " , a 500 - seat restaurant ,
catering and entertainment complex located at the ft .
lauderdale executive airport in fort lauderdale , fla .
( source : news 5 / 14 / 05 )
current price : $ . 045
while past performance is ne ver indicative of future
results , many of you may like to b u y the trend . look
at the recent price and voiume action on this stock ;
( formeriy : " ivia " )
ehpc open high | ow ciose
change volume
05 / 13 / 05 0 . 0400 0 . 0420 0 . 0350 0 . 0420 + 0 . 0020
489 , 500
05 / 12 / 05 0 . 0425 0 . 0425 0 . 0300 0 . 0400 - 0 . 0100
97 , 639
05 / 11 / 05 0 . 0600 0 . 0600 0 . 0450 0 . 0500 - 0 . 0050
575 , 102
05 / 10 / 05 0 . 0607 0 . 0700 0 . 0500 0 . 0550 - 0 . 0050
393 , 710
05 / 09 / 05 0 . 0360 0 . 0650 0 . 0350 0 . 0600 + 0 . 0240
1 , 132 , 000
05 / 06 / 05 0 . 0400 0 . 0400 0 . 0350 0 . 0360 + 0 . 0000
283 , 250
05 / 05 / 05 0 . 0350 0 . 0420 0 . 0300 0 . 0360 + 0 . 0060
1 , 606 , 500
05 / 04 / 05 0 . 0250 0 . 0300 0 . 0190 0 . 0300 + 0 . 0050
461 , 600
05 / 03 / 05 0 . 0060 0 . 0250 0 . 0060 0 . 0250 + 0 . 0190
3 , 120 , 000
here ' s the reason for the interest :
boca raton , fla . , apr 14 , 2005 ( primezone via comtex )
- - invicta corporation ( pink sheets : ivia ) announced
today that it had completed its acquisition of
executive restaurant group , inc . , owner and operator
of " joseph ' s " , a 500 - seat restaurant , catering and
entertainment complex | ocated at the ft . lauderdale
executive airport in fort lauderdale , fia . the
purchase price was $ 1 . 2 miliion in cash , assumed debt
and common stock .
the company announced plans to expand the outdoor
portion of the three - acre faciiity to include live
entertainment events , and to increasee its marketing of
corporate functions and catered affairs . the company
aiso plans to establish an aviation catering operation
to service the private and corporate jet owners and
the fixed - base operators ( fbos ) located at the
airport , which is one of the nation ' s busiest genera |
aviation airports .
the previousiy approved change of name of the
corporation to executive hospitaiity corporation wiil
take effect on may 1 , 2005 , at which time a new
trading symbo | wil | be assigned . the company is
continuing to expiore additional acquisition
opportunities within the hospitality industry ,
primariiy in the south fiorida market .
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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