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Rick's Cabaret International (RICK)
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RICK » Topics » Entertainment Media Holdings, Inc.

This excerpt taken from the RICK 8-K filed Apr 21, 2008.
Entertainment Media Holdings, Inc.

At closing, Rick’s Cabaret issued 21,740 shares of restricted common stock (valued at $23 per share) and paid $500,000 in cash and will pay an additional $200,000 six months after closing.  An additional 65,217 shares of restricted common stock and an additional $500,000 in cash could be paid for the earn-out if the performance benchmarks are achieved.

"In addition to their strong cash flow, the acquisition of these preeminent trade publications will enable Rick's Cabaret to create new marketing synergies with major industry product suppliers and new national advertising opportunities," said
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