BNET Industries
Market Cap:$93.9K
Last Fiscal Year Sales:$111.4K
- Public
- US
Dow Jones Description
RAM Venture Holdings Corp. f/k/a Corrections Services, Inc. (the "Company") was incorporated in the State of Florida in 1984. The Company was organized for the purpose of developing and marketing a house arrest program to relieve the need for incarceration in a jail or similar facility. The Company was commercially active in that area until mid- 1998. On August 31, 1998, the Company sold its electronic monitoring business and has had no commercial operations since then. Reverse Merger Acquisition; Major, Material Changes Early in March, 2004, the Company entered into discussions and negotiations with American Apparel and Accessories, Inc., a privately- held Arkansas corporation (hereinafter referred to as "A3") with a view toward the Company's acquisition of all of the capital stock of A3 in a transaction in which the Company would be the surviving entity with its name subsequently changed to American Apparel and Accessories, Inc. and its management and Board of Directors replaced by the management and Board of Directors of A3. On March 31, 2004, the Company entered into a definitive agreement and plan of reorganization with A3 pursuant to which the Company is currently proceeding with the reverse merger and undertaking the following consequent and related activities:
PresidentNorman H Becker
Contact Information
3040 E Commercial Blvd
Ft Lauderdale, Florida 33308
9547722297
Peer Companies
NAICS Code Other Communications Equipment Manufacturing: 334290
News & Analysis
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ram venture holdings corp. - All News and Analysis
CEO's financial freefall mirrors Ram Venture's: creditors pursue chief of bankrupt firm, claim financials overstated
ON JUNE 30, 2004, JOHN T. LEWIS OF LITTLE Rock claimed a net worth of $17.2 million. Just over a year later, the former CEO of Ram Venture Holdings Corp. was bankrupt. Lewis' debts were listed at $16.4 million and his assets at less than $1 million in...
Fashion disaster
The shell company that operated American Apparel & Accessories Inc. of Little Rock recently filed for Chapter 7 bankruptcy protection and listed $17.04 million in debt. All of it unsecured. Here's the part that really stings: Ram Venture Holdings Corp. listed no assets. Since...
More Ram trouble
Remember last week we told you about a $1 million judgment against Ram Venture Holding Corp., which operates Natgear LLC in Little Rock? Well, it seems Rebsamen Investments Ltd. of Little Rock also has rushed to the courthouse to file a case against Ram, the Fort Lauderdale, Fla.,...
Ramifications
Ram Venture Holding Corp.'s purchase of American Apparel & Accessories Inc. of Little Rock in April 2004 isn't looking so spiffy. In 2002 and 2003, American Apparel, the camouflage gear manufacturer, made two loans with Delta Trust & Bank that totaled $3.85 million. But when Ram Venture, the...
John Lewis II
Maybe you saw that John Lewis is retiring as CEO of the Bank of Fayetteville. That reminded us that another John Lewis also announced his resignation recently: John Lewis of Little Rock, who had been CEO of Ram Venture Holding Corp. Ram Venture, you may recall,...
Ram Venture Holdings hires stock placement agent
Ram Venture Holdings Corp. of Little Rock, which is buying Mack's Sport Shop LLC in Stuttgart for $8.5 million, has hired Sterne Agee & Leach Inc. to help it place up to $20 million in shares of its common stock. The Birmingham, Ala.-based investment banking firm specializes in...
Ram Venture Holdings Corporation Announces the Engagement of Sterne, Agee & Leach, Inc. of Birmingham, Alabama as Our Exclusive Placement Agent
LITTLE ROCK, Ark. -- Ram Venture Holdings Corporation (OTCBB:RVHC) announces the engagement of Sterne, Agee & Leach, Inc. of Birmingham, Alabama as our exclusive placement agent of up to $20,000,000 of our restricted common stock. Sterne, Agee & Leach, Inc. specialize in transactions for small and middle market companies whose...
Correction
The McAlister Co., a clothing manufacturer in Little Rock, is not owned by Ram Venture Holdings Corp. or its predecessor, American Apparel and Accessories Inc., as was incorrectly reported in the Aug. 16 issue of Arkansas Business. American Apparel, which was formed by John Lewis and MLR Enterprises Inc., acquired...
Ram Ventures to form sporting goods group
Ram Venture Holdings Corp. of Little Rock is planning to buy Mack's Sport Shop LLC of Stuttgart for $8.5 million as part of a sporting goods conglomerate it is putting together. Ram also is planning to buy Hodgman Inc. of Montgomery., Ill., Quest Outdoor Show of Tulsa and...
StreetInsider.com's New Spotlight Stock is RVHC.
M2 PRESSWIRE-23 June 2004-StreetInsider.com Inc.: StreetInsider.com's New Spotlight Stock is RVHCC1994-2004 M2 COMMUNICATIONS LTD RDATE:06232004 StreetInsider.com`s new company spotlight stock is Ram Venture Holdings Corp. (OTCBB: RVHC). RVHC is a strategically managed holding company with a strategy of acquiring Best...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Norman H Becker | President |
| Frank Bauer | Vice President |
| Organization | Position | Status |
|---|---|---|
| Ram Venture Holdings Corp | President | Current |
| Proguard Acquisition Corp | Officer | Current |
| Benihana Inc. | Chairman | Current |
| Bluegreen Corporation | Board of Directors | Current |
| Ram Venture Holdings Corp | Director | Current |
| Benihana Inc. | Director | Current |
| Touche Ross & Co. | Partner | Former |
| Ram Venture Holdings Corp | Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Ram Venture Holdings Corp | Vice President | Current |
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