EEE - Empire Beer Group

[System]

Empire Beer Group Limited (EEE) operates in the premium craft beer market. EEE aims to achieve growth through the acquisition of quality assets suitable for the distribution of its craft beer brands and the development of Colonial brew-pub venues throughout Australia.

http://www.empirebeergroup.com.au

 

[robusta]

Interesting development, change of name to Car Parking Technologies. Computershare founder Chris Moris as chairman. Should be a stock to watch.

http://www.asx.com.au/asxpdf/20110120/pdf/41w92w515rt26m.pdf

 

[So_Cynical]

Interesting development, change of name to Car Parking Technologies. Computershare founder Chris Moris as chairman. Should be a stock to watch.

You have my interest

Ill quote from the prospectus.

On 22 December 2010, the Company announced that it had entered into an acquisition agreement to acquire 100% of Meter Eye. Meter Eye is a New Zealand based company which operates in the car park technology business. Meter Eye has a suite of innovative products which allow car park owners and operators to utilise their assets more efficiently. In the UK, Meter Eye has formed a relationship with Town and City Parking Limited (TCP) which operates over 1,000 car parks across the UK. Meter Eye has agreed with TCP to share in car parking infringement revenue generated at car park sites where Meter Eye’s products are installed, subject to an assessment of each car park site.

http://www.empirebeergroup.com.au/documents/ASICLodgementVersion20.01.11Website.pdf

I worked in a big car park for about 6 months...there's alot of money in parking, can be anyway.

 

[robusta]

You have my interest

Ill quote from the prospectus.



http://www.empirebeergroup.com.au/documents/ASICLodgementVersion20.01.11Website.pdf

I worked in a big car park for about 6 months...there's alot of money in parking, can be anyway.

I also like the revenue model
1- Outright product sale

2- Parking infingment revenue

3- Monthly liscensing fee

Only $1 mil to be raised by ipo 5,000,000 shares @ $020 the rest 72,570,000 shares to vendors

Offer closes 31/Jan so have probably missed it. But I will be watching with interest when they list.