Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts
Thursday, January 13, 2011
Hustle Hard but the SEC Hustles Harder: 50 Cents Makes $8.7 Mil
"Rapper 50 Cent may have momentarily gotten $8.7 million richer after encouraging his Twitter followers to invest in a money-losing penny stock, but now the hip hopper may be in big trouble with the Security Exchange Commission.
Last weekend, 50, born Curtis Jackson, reportedly Tweeted to his 3.8 million followers, “You can double your money right now. Just get what you can afford” and “They are no joke get in now” about H&H Imports, previously a money-loser with a reported deficit of at least $3.3 million.
Jackson reportedly received 30 million shares of H&H stock in a private placement last October. H&H owns TV Goods, a direct response marketing founded by infomercial guru Kevin Harrington.
H&H closed at 39 cents on Monday, up 29 cents, netting Jackson's shares the aforementioned $8.7 million." -- Via Fox News
Tuesday, January 11, 2011
Fried Hard: Jay-Z Invests In BK Chicken Joint
"Jigga adds 'Buffalo Boss' to his portfolio after investing the popular Brooklyn restaurant. Jay-Z has been a boss to many over the years, but being a Buffalo Boss is definitely a first. The Marcy Projects native has invested in the popular chicken wings restaurant Buffalo Boss.
Hov isn't alone in his new venture, his Mother Gloria, his sister Andrea and his cousin Jamar White have also put their money behind the Brooklyn eatery. Buffalo Boss, located on Fulton St. near Flatbush Ave in downtown Brooklyn, offers nine types of wings and free delivery. All their chicken is organic and hormone and trans fat free." - Via HipHopDX
Buffalo Boss - 554 Fulton Street, Brooklyn, NY (718) 624-2677
Hov isn't alone in his new venture, his Mother Gloria, his sister Andrea and his cousin Jamar White have also put their money behind the Brooklyn eatery. Buffalo Boss, located on Fulton St. near Flatbush Ave in downtown Brooklyn, offers nine types of wings and free delivery. All their chicken is organic and hormone and trans fat free." - Via HipHopDX
Buffalo Boss - 554 Fulton Street, Brooklyn, NY (718) 624-2677
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