new jersey deli worth 100 million

Theres a little deli in Paulsboro New Jersey called Hometown Deli. It is mostly unremarkable except that it is publicly traded on the stock market.

The Strange Incredible Case Of The 100 Million Deli

The delis parent company Hometown International whose operations consist entirely of the single New Jersey deli is a publicly traded company valued at nearly 100.

. Hometown International has a market valuation of 100 million despite owning one deli in New Jersey. Anyway as Einhorn says the stock got as high as 1450 on Feb. Mike Calia CNBC.

On Monday the SEC charged the owners of Hometown Deli in New Jersey who allegedly inflated the shops value to 100 million. The Justice Department charged three men with fraud for their role in a scheme to bolster the value of a New Jersey sandwich shop that brought in less than 40000 in annual. Your Hometown Deli which is owned by Hometown International reported.

But why be salty about it. New Jersey recently attained a market value in excess of 100 million despite booking just. Last year the Your Hometown Deli.

Three men were charged with fraud and other crimes in a scheme involving a company that was worth 100 million in the. The largest shareholder is also the CEOCFOTreasurer and a Director who also happens to be the wrestling coach of the high school next door to the deli. But according to the stock market this one deli is worth roughly.

In an alleged scheme that temporarily inflated the market value of a tiny New Jersey deli to more than 100 million three men have been charged with securities fraud and market. Back in April a tiny New Jersey -based deli made headlines after it was valued at 100 million on the stock market and now we know why. Hometown Deli Paulsboro NJ.

Patten earns thousands a month in. Against all logic a small New Jersey deli is worth just over 100 million on the stock market. Of 100 million despite owning one deli in New Jersey.

This is not a fully satisfying explanation or anything. James Patten a defendant in the case of the 100 million NJ deli is benefiting from an agreement from another shell company. Hometown International a mysterious 100 million company that owns just one tiny New Jersey deli is linked in multiple ways to another odd company E-Waste.

Located in the Philadelphia suburb of Paulsboro New Jersey Your Hometown Deli came under media attention last year when Hometown Internationals valuation surged to. Exhibit A according to one prominent investor. Not 100 million worth of valuable.

Its CEO is high. A New Jersey sandwich shop with a single store paltry sales and a market value of just over 100 million. The 100 Million Deli In a small town in New Jersey there is a deli.

Just a little sandwich shop. Hometowns market value swelled as high as 123 million in April 2021 even though its sole asset a Paulsboro New Jersey-based business called Your Hometown Deli generated. The 100 million delicatessen is the talk of Wall Street.

The 100 Million Deli. 8 for a market cap.

New Jersey Deli Valued At Over 100 Million Turns Out To Be Shell Company Complex