new jersey deli stock

Wednesday, October 19, 2022 Edit

Exhibit A according to one prominent investor. Shares of Hometown where the New Jersey deli reported less than 40000 in annual revenue went from 1share in October 2019 to nearly 14 per share by April 2021.

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Your Hometown Deli in Paulsboro NJ.

. It seemed wildly improbable even by the standards of the meme stock craze - a publicly traded New Jersey deli that had less than. 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. These schemes included artificially inflating the share price of Hometown International which operated a New Jersey deli producing less than 40000 in annual revenue.

The deli in Paulsboro NJ near Philadelphia was the sole asset of Hometown International and according to the Securities and Exchange Commission brought in less than. According to the companys latest 10-K filing the companys single location was closed from March 23 to September 8 of last year because of the coronavirus pandemic. Hometown International operated the New Jersey deli which produced less than 40000 in annual revenue and recorded an annual profit of less than 14000.

Three men allegedly conspired to artificially boost the companys stock price. A father and son have been charged with fraud over an alleged 100m stock market scam that tried to massively inflate the value of a small deli in New Jersey. A New Jersey sandwich shop with a single store paltry sales and a market value of just over 100 million.

Google Maps Three men linked to a company that mysteriously drew a 100 million valuation. Hometown Deli attracted the spotlight when in 2021 its stock price skyrocketed from 125 in November 2019 to 1450 two years later earning the company its outsized. Despite the poor financials.

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