What's Your Take? Leave a Comment

Leave a Reply

  1. Someone on Ditmas Park Blog pointed out that Hicks is selling his shares right after the wave of media regarding the destruction of Vox Pop’s Statue of Liberty. Coincidence?

  2. re: the Vox Pop share sale.

    Values the total equity in the business at $527,000 (137 shares at $100 each for a 2.6% stake), plus according to the e-mail there is some debt as well. Unless they own their real estate (which I don’t believe is the case) there is no way it can be worth this much.
    Also I am suprised that the recent issuance of stock amounts to only c.12% of the total equity. There must be another class of equity holder with a disproportionate ownership interest, who was kept afloat by the new stock deal.
    I can understand friends of Vox Pop ‘buying shares’ at an inflated price as a way of donating to the shop. To buy Mr Hicks’ shares at the same price would, however, really only be a donation to Mr Hicks.

  3. ugh block parties.

    if people arent shooting at each other, it’s the opposite kind of block party with the dullest whitebread people cooking and grilling up organic beets and soy dogs instead of real summer treats. is there any happy medium!?

    *rob*