New majority owner of Peak Resorts - Page 13

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  1. #121
    Newpylong's Avatar
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    Not taking a stance either way but the Marketing Director for Mount Snow posted a Peak press release denying the claims of majority ownership on their pass holder website.

  2. #122

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    Quote Originally Posted by Newpylong View Post
    Not taking a stance either way but the Marketing Director for Mount Snow posted a Peak press release denying the claims of majority ownership on their pass holder website.
    So it hit a nerve!

  3. #123
    Quote Originally Posted by Newpylong View Post
    Not taking a stance either way but the Marketing Director for Mount Snow posted a Peak press release denying the claims of majority ownership on their pass holder website.
    Nothing like feeling the bad press and pressure and then straight up lying.

  4. #124

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    I'm not a financial guy, but after reading the SEC filings and going back to the original article that VTDigger references, it doesn't seem that at this point, CAP 1 has majority ownership. In order for that to happen, they would have to exercise all of the warrant certificates for stocks totaling around $57 million. Considering that all of the warrant certificates have a per stock price significantly above current peak value, I don't see CAP 1 jumping in to buy overprices stocks in Peak.

  5. #125
    I've been hoping this thread would just die.

    DoWork, please keep up your great posts about Magic! I'm a fan.

  6. #126
    Quote Originally Posted by p_levert View Post
    I've been hoping this thread would just die.
    Care to elaborate?


  7. #127
    Edd's Avatar
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    Quote Originally Posted by Newpylong View Post
    Not taking a stance either way but the Marketing Director for Mount Snow posted a Peak press release denying the claims of majority ownership on their pass holder website.
    Could you post a link? My search just turns up links reporting the majority ownership.

  8. #128
    Quote Originally Posted by Edd View Post
    Could you post a link? My search just turns up links reporting the majority ownership.

    The details, are all spelled out in the 10Q SEC filing dated 12/12/18
    '07--08 season: 51 Days, '08-'09 season: 55 Days, '09-'10 season: 41 Days, '10-'11 season: 49 days, '11-'12 season: 40 Days '12-'13 season: 57 days, '13-'14 season, 60 days '14-'15 season 60 days, '15-'16 season 52 days, '16-'17 season: 50 days, '17-'18 season 52 days, '18-'19 season 45 days '07-'19 seasons: 612 Days

    '19 - '20 season:

  9. #129
    Edd's Avatar
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    Quote Originally Posted by drjeff View Post
    The details, are all spelled out in the 10Q SEC filing dated 12/12/18
    Hes talking about a press release. Thats what Id like to see.

  10. #130
    JimG.'s Avatar
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    Went to a gender reveal party yesterday. Met a few family members one a big VT skier.

    After BSing for 15 minutes he spits out, totally unsolicited, that he's never skiing at Mt. Snow again because of the Sacklers.

    Took me off guard; this thread has taught me not to respond to the topic with anything but a nod and an "oh, really?".

    Conversation moved on from there but the word is out.

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