Talk about shameless (but hilarious) publicity stunts. Rick's Cabaret, the only publicly traded 'gentlemen's club' (NASDAQ: RICK), is sponsoring a party aimed squarely at the notoriously lap dance loving Wall Street crowd that they're calling the ``Stockbroker's Due Diligence Ball'' to be held on February 15 at their New York City establishment. Morgan Stanley, Goldman Sachs, Kleinwort Dresdner bankers, brokers, analysts and traders will no doubt most definitely be welcome....
Rick's Cabaret International, Inc. (NASDAQ: RICK), the only gentlemen's club company whose stock is traded on NASDAQ, says it will host a series of quarterly "Stockbroker's Due Diligence Balls" at its West 33rd Street club in Manhattan, beginning February 15.
The special day-long program for members of the financial services community will feature free admission to people who receive an email invitation or request one from info@ricks.com, plus drinks discounted to $7 until 4 am. The party is scheduled the day after the company expects to issue its first quarter financial results on February 14 (after 4 p.m.).
"We want to give brokers, bankers, analysts, fund managers and portfolio managers the chance to come in and check us out through proper due diligence," says Eric Langan, President and CEO of the company. "We've decided to make it an all-day party to give everyone a chance to stop by and see what a truly exceptional experience we are offering at Rick's Cabaret. We hope to host similar parties in the future."
Since its opening last September, the new Rick's Cabaret New York City club at 50 West 33rd Street between Fifth Avenue and Broadway has been a popular spot for financial services professionals. In the first three months of Rick's 2006 fiscal year, the New York location helped drive a 75.4 percent increase in the company's total nightclub sales over the previous year.
Rick's Cabaret to Host ``Stockbroker's Due Diligence Ball''... - Businesswire
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