Meritage Hospitality Group, Inc. MHGU Company Overview

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Sep 13, 2013 at 6:05 PM

Meritage Hospitality Group, Inc. MHGU Company Overview

Stock Message Board http://investorshangout.com/search?q=MHGU&...mp;yt1=Go!

Meritage Hospitality Group, Inc. MHGU Current Price and Quotes
Last Price 4.49
Previous Close 4.40 Open 4.30
Daily Range 4.49 - 4.30 52wk Range 4.49 - 2.19
Volume 6,000 Dividend 0.01
Average Vol (3m) 3,576 Yield 0.222717
Meritage Hospitality Group, Inc. MHGU

Company Verified Profile
Company Information

3310 Eagle Park Drive NE
Suite 205
Grand Rapids, MI 49525

Website: http://www.meritagehospitality.com
Phone: (616) 776-2600

Meritage Hospitality Group, Inc. MHGU
Meritage is engaged in retail restaurant operations and development in the United States. The Company's restaurant operations are in the Quick Service and Casual Dining restaurant sectors, currently operating 109 Wendy's restaurants and 4 casual dining restaurants under the names Twisted Rooster and Crooked Goose restaurants. The Company currently employs approximately 3,800 persons. The Company's development activities include the acquisition, financing, planning and permitting of land, buildi...

Meritage Hospitality Group, Inc. MHGU
Financial Reportings and Disclosures

Reporting Status Alternative Reporting Standard
Deregistered a/o Jan 23, 2007
Audited Financials Audited
Latest Report Jun 29, 2013 Quarterly Report
CIK 0000808219
Fiscal Year End 12/29
OTC Marketplace OTCQX U.S. Premier
Profile Data

SIC - Industry Classification 5812 - Eating places
Business Status Development Stage Company a/o
Incorporated In: MI, USA
Year of Inc. 1986
Employees 1900 a/o Jun 30, 2008
Company Officers/Contacts

Robert Schermer, Jr. CEO, President
Gary Rose Vice President, CFO, COO, Treasurer
Jennifer Dunham Executive Assistant
Company Directors

Robert Schermer, Jr.
Company Notes

Formerly=Thomas Edison Inns, Inc. until 5-96
Service Providers

DAD/PAL
Keating Muething & Klekamp, LLP
One East Fourth Street, Suite 1400
Cincinnati, OH, 45202
United States

Auditor/Accountant
Plante & Moran, PLLC
634 Front Avenue
Suite 400
Grand Rapids, MI, 49504
United States

Legal Counsel
Keating Muething & Klekamp, LLP
One East Fourth Street, Suite 1400
Cincinnati, OH, 45202
United States

Investor Relations Firm
Lambert, Edwards & Associates
47 Commerce
Grand Rapids, MI, 49503
United States

Meritage Hospitality Group, Inc. MHGU
MHGU Security Details Other Company Securities

Share Structure

Market Value1 $24,268,768 a/o Sep 12, 2013
Shares Outstanding 5,515,629 a/o Jun 30, 2013
Float 3,000,000 a/o Jun 30, 2013
Authorized Shares 30,000,000 a/o Jun 30, 2013
Par Value 0.01
Shareholders

Shareholders of Record 110 a/o Jun 30, 2013
Corporate Actions

Ex. Date Record Date Pay Date
Dividend (0.01) Jun 12, 2013 Jun 14, 2013 Jul 01, 2013
Security Notes

Note=1-23-07 deleted from AMEX
Capital Change=shs decreased by 1 for 300 split immediately followed by 300 for 1 forward split. Effective date=2-14-07. Payable upon surrender. Holders of fewer than 300 shs cashed out at $5.25 cash per sh
Capital Change=shs decreased by 1 for 300 split. Pay date=02/14/2007.
Short Selling Data

Short Interest 0 (-100%)
Aug 30, 2013
Significant Failures to Deliver No
Transfer Agent(s)

IST Shareholder Services

Meritage Hospitality Group, Inc. MHGU Recent News

Sept 13, 2013 Meritage Reports Acquisition of Two Wendy's Restaurants in Jacksonville Designated Market Area
Aug 21, 2013 Meritage Announces Grand Opening of Freighters Eatery & Taproom and the DoubleTree by Hilton
Jul 18, 2013 Meritage Reports Second Quarter 2013 Results; Significant Sales & Earnings Growth
Jun 28, 2013 Meritage Reports Opening of New Wendy's Restaurant in Jacksonville Beach, Florida

Meritage Hospitality Group, Inc. MHGU Financials
Period Ending Dec 31, 2012 Jan 01, 2012
Total Revenue 98,953 91,942
Cost of Revenue 28,389 26,103
Gross Profit 70,564 65,838
Operating Expenses

Research and Development - -
Sales, General and Admin. 35,744 32,865
Non-Recurring Items 327 399
Other 1,869 1,605
Operating Income 2,476 3,179
Income From Continuing Operations

Add'l Income/Expense Items 1,038 132
Earnings Before Interest and Tax 3,513 2,666
Interest Expense 1,182 1,378
Earnings Before Tax 2,332 1,288
Income Tax (737) (1,498)
Minority Interest - (50)
Equity Earnings Unconsolidated Subsidiary - (645)
Net Income Cont. Operations 3,068 2,787
Non Recurring Events

Discontinued Operations (163) (521)
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 2,906 2,316
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 2,906 2,316

MHGU Meritage Hospitality Group, Inc. Research DD Guide

MHGU Meritage Hospitality Group, Inc. Stock Message Board http://investorshangout.com/search?q=MHGU&...mp;yt0=Go!
MHGU Meritage Hospitality Group, Inc. Stock Quote http://www.otcmarkets.com/stock/MHGU/quote
MHGU Meritage Hospitality Group, Inc. Stock Chart http://www.otcmarkets.com/stock/MHGU/chart
MHGU Meritage Hospitality Group, Inc. Company Info http://www.otcmarkets.com/stock/MHGU/company-info
MHGU Meritage Hospitality Group, Inc. Recent News http://www.otcmarkets.com/stock/MHGU/news
MHGU Meritage Hospitality Group, Inc. Financials http://www.otcmarkets.com/stock/MHGU/financials
MHGU Meritage Hospitality Group, Inc. Filings and Disclosure http://www.otcmarkets.com/stock/MHGU/filings
MHGU Meritage Hospitality Group, Inc. Short Sales http://www.otcmarkets.com/stock/MHGU/short-sales
MHGU Meritage Hospitality Group, Inc. Insider Disclosure http://www.otcmarkets.com/stock/MHGU/insider-transactions
MHGU Meritage Hospitality Group, Inc. Research Reports http://www.otcmarkets.com/stock/MHGU/research
MHGU Meritage Hospitality Group, Inc. Summary http://finance.yahoo.com/q?s=MHGU
MHGU Meritage Hospitality Group, Inc. Historical Prices http://finance.yahoo.com/q/hp?s=MHGU+Historical+Prices
MHGU Meritage Hospitality Group, Inc. Interactive Chart http://finance.yahoo.com/echarts?s=MHGU
MHGU Meritage Hospitality Group, Inc. Basic Chart http://finance.yahoo.com/q/bc?s=MHGU+Basic+Chart
MHGU Meritage Hospitality Group, Inc. Basic Tech. Analysis http://finance.yahoo.com/q/ta?s=MHGU+Basic+Tech.+Analysis
MHGU Meritage Hospitality Group, Inc. Headlines http://finance.yahoo.com/q/h?s=MHGU+Headlines
MHGU Meritage Hospitality Group, Inc. Press Releases http://finance.yahoo.com/q/p?s=MHGU+Press+Releases
MHGU Meritage Hospitality Group, Inc. Company Profile http://finance.yahoo.com/q/pr?s=MHGU+Profile
MHGU Meritage Hospitality Group, Inc. Key Statistics http://finance.yahoo.com/q/ks?s=MHGU+Key+Statistics
MHGU Meritage Hospitality Group, Inc. Industry http://finance.yahoo.com/q/in?s=MHGU+Industry
MHGU Meritage Hospitality Group, Inc. Major Holders http://finance.yahoo.com/q/mh?s=MHGU+Major+Holders
MHGU Meritage Hospitality Group, Inc. Insider Transactions http://finance.yahoo.com/q/it?s=MHGU+Insider+Transactions
MHGU Meritage Hospitality Group, Inc. Insider Roster http://finance.yahoo.com/q/ir?s=MHGU+Insider+Roster
MHGU Meritage Hospitality Group, Inc. Income Statement http://finance.yahoo.com/q/is?s=MHGU
MHGU Meritage Hospitality Group, Inc. Balance Sheet http://finance.yahoo.com/q/bs?s=MHGU
MHGU Meritage Hospitality Group, Inc. Cash Flow http://finance.yahoo.com/q/cf?s=MHGU+Cash+Flow&annual
MHGU Meritage Hospitality Group, Inc. Nasdaq http://www.nasdaq.com/symbol/MHGU
MHGU Meritage Hospitality Group, Inc. Market Watch http://www.marketwatch.com/investing/stock/MHGU
MHGU Meritage Hospitality Group, Inc. Bloomberg http://www.bloomberg.com/quote/MHGU:US
MHGU Meritage Hospitality Group, Inc. Morningstar http://quotes.morningstar.com/stock/s?t=MHGU
MHGU Meritage Hospitality Group, Inc. Bussinessweek http://investing.businessweek.com/research/st...icker=MHGU
MHGU Meritage Hospitality Group, Inc. Barchart http://www.barchart.com/quotes/stocks/MHGU
MHGU Meritage Hospitality Group, Inc. OTC Short Report http://otcshortreport.com/index.php?index=MHGU
MHGU Meritage Hospitality Group, Inc. Investopedia http://www.investopedia.com/markets/stocks/MHGU/?wa=0

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