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Premier's Players Grille Reports March Restaurant Sales Comps up over 18% and Increased Same Store First Quarter Sales and Customer Counts Thursday April 28, 8:01 am ET
DALLAS--(BUSINESS WIRE)--April 28, 2005--Premier Development & Investment, Inc.'s (OTC Bulletin Board: PDVN - News) Players Grille operating division announced that comparable same store restaurant sales for the monthly period ended March 2005 increased 18.3% from those in March 2004. Sales for the three months ended March 31, 2005 show a 14.7% increase in total consolidated comparable sales, when compared to the same quarterly period in 2004.
Customer counts in March, as represented by check count, saw more than a 24 % increase from the March 2004 period and for the three month period ended March 31, 2005 customer counts were up 20% from those of the comparable period a year ago.
Michael Hume, General Manager of Players Grille, stated, "I am very pleased with the results we achieved in March and for the first quarter of 2005. We continued to see increased customer counts and gross sales in 2005 due to our focus on customer satisfaction, improved food quality, and the roll out of new menu items. We achieved a substantial increase in beer, wine and liquor consumption comps for the three month period, which were up 57% collectively as a group compared to last years first quarter. Sales in these categories were especially strong this first quarter due to major events such as the Super Bowl (TM) and March Madness."
About Premier
Premier Development & Investment, Inc. is a publicly held developer and operator of theme-based restaurant and bar concepts. These concepts are developed internally and through partnerships with other restaurant developers with the intent of building them into full-fledged chains and franchise opportunities. Premier owns and operates the Player's Grille Restaurant and Bar(TM), a casual dining sports themed concept based in Florida. Premier Realty Holdings, Inc., a wholly owned subsidiary, operates Countrywide Realty Services, http://www.cw-realty.com , a full service commercial and residential listing brokerage firm specializing in selling, buying, or leasing properties and providing a full range of real estate services to the greater Miami and Southeastern Florida marketplace.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Premier Development & Investment, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the restaurant industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and prospective dealings and joint venture projects. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Premier. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and changes in federal or state tax laws. For a description of additional risks and uncertainties, please refer to Premier's filings with the Securities and Exchange Commission. Contact:
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
I have been holding this off the boards for sometime.. I think this is gonna be the breakout week for PDVN.. I have a friend that was there this weekend and talked to the GM.. He said on the year sales are up 33% and they are looking better everyday.. They are looking to buy another location this year and maybe start a franchise.. Lots of action the past week and this looks to be primmed to make you some bank..
put this on your watch list for sure.. get in under .15 and hold for a double...
Do your DD first!
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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american bull has a buy-if.. Check it out.. I think it will gap in the am and run..
GLTA
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
nice gap open.. lest see what this baby can do..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
nice tight spread.. SCHB on the bid and off the ask @.115
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
gettin hits.. this might be a nice uptrend starting.. tight spread..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
about to be in the .13's... this baby is cooking! All Aboard!!!!!!! CHOO CHOO!!!!!!
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
I'm in @ .117. Nice find Drew, I really like that chart.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P) Posts: 292 | From: Worcester, MA | Registered: Apr 2005
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posted
me too.. lol nothing better then fallin from a 1.50 to .117 for no reason! means this baby will be back up in no time..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
man this are runnin this baby nice.. L2's are hot hot hot!
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
Drew..maybe i should go home and get my t-shirt from there and wear ir for good luck huh!!lol
Posts: 952 | From: OH | Registered: Apr 2005
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LOL!!! what! your not wearing it!!! yes go put it on! LOL and a hat too!
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
If this plays right I think it will run for a few days.. also a quarterly report is due out pretty soon..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
some big buys going through.. always a good sign.. eat up those shares baby..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
oh incase I am still sleepin watch this.. it runs in the afternoon..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
Holy crap, this thing just croaked. Hopefully just a shakedown.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P) Posts: 292 | From: Worcester, MA | Registered: Apr 2005
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posted
With the amount of volume on this one, it has to just be a shakedown. The wind hasn't quite gotten a hold of this one yet, but it's coming.
Posts: 415 | Registered: May 2005
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posted
this is just getting started.. for it to go up we have to have holds so the demand will jack the price.. i am holdin it this week and seein what happens..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
gettin hits.. i am guess, but I think this will gap tomorrow like it did today..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
watch for eod run and gap in the am.. seein big vol the past 3-4 days.. gonna blow soon..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
come on biotch thats right.. get those buys!!! muhahaha!
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
Hmmm, no EOD run, but some MM seems to be desperate for shares.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P) Posts: 292 | From: Worcester, MA | Registered: Apr 2005
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posted
only thing i cared was no big sell off and it held up nice.. just need the shares to be bought up and get the demand and we will fly.. i think this is 4 days in a row of plus million vol.. good things to come..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
PREMIER DEVELOPMENT & INVESTMENT INC Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation that was confirmed was made on 03.31.2005 (39) days ago, when the stock price was 1.0600. Since then PDVN has fallen -89.62% .
Were you eager to go long? Well, without doubt, it was the right time to do so. The BUY signal was finally confirmed, and most probably you have called your broker and placed your long orders with no hesitation.
Don't worry if you have missed this buying opportunity. The market may now give you a second chance. You may still find good prices for buying in the next session.
THATS RIGHT!!! BUY CONFIIRMED!!!
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
I'm in as of yesterday. I got in at .123 (which was a dissapointment since it fell to .1 yesterday), but I'm very confident that we will be seeing 50 cents to $1.00 within a month. What do you all think?
Posts: 415 | Registered: May 2005
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posted
I am with ya buddy.. just a matter of time this will blow up..
-------------------- "Never stop dreaming." the most successful ppl in the world dream about things they want and then go after those dreams.. dream big and work to make those dreams a reality.
Warning all posts by this person are considered to be false and not factual. Posts: 2201 | From: Tampa | Registered: Nov 2004
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posted
I don't know about a month from now, but I think we should see .20 to .30 by the end of the week. I freeing up some funds now to get in at .119.
-------------------- If you don't sweat the pennies, you're not making any money. Posts: 2218 | Registered: Feb 2005
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