Hometown International Inc, which owns a single deli in Paulsboro, New Jersey baffled observers earlier this year when its parent company soared in value in over-the-counter trading.
Read more about Global equities near record high as meme stocks lift Wall Street at open on Business Standard. U.S. equities inched higher at the open as some high valuations, including of so-called "meme stocks", fed into investor sentiment.
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Money Marketing
Are we getting big technology completely wrong?
By Darius McDermott 1
st June 2021 8:58 am
I want to start with a question for all you iPhone users out there – if Apple decided to double the price of your device would you get rid of it?
I’m sure you all know it’s much more than a phone these days. You can watch movies, listen to music, browse the web, and send and receive e-mail and text messages. It recently suggested I go to the gym – although I’m hoping it will start telling me to go to the pub if I’m having a bad day in the future.
E-Waste, shell company linked to $100 million New Jersey deli, announces reverse merger CNBC 1 hr ago Dan Mangan
E-Waste, a shell company linked to a nearly $100 million company that owns just one New Jersey deli, announced it will enter into a reverse merger transaction with a privately held corporation.
E-Waste, which itself has a sky-high market capitalization of $110 million despite having no business operations, had been marketed with the deli company, Hometown International, for such a reverse merger or similar transaction.
E-Waste s mailing address is in a North Carolina office building and is the same address as a company connected to Peter Coker Sr., whose son, Peter Coker Jr., is chairman and CEO of Hometown International.