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Mister Car Wash Inc V.MCW


Primary Symbol: MCW

Mister Car Wash, Inc. is a car wash company. The Company is engaged in offering express exterior cleaning services, with interior cleaning services at select locations, across approximately 476 car wash locations in 21 states. Its car wash locations consist of two formats: Express Exterior Locations and Interior Cleaning Locations. All locations offer express exterior wash packages and have exterior-only lanes. Its every wash includes its T3 Cleaning Conditioner, Wheel Cleaner, and Dynamic Dry system. Express Exterior Locations offer self-drive exterior cleaning services and include free vacuums available for customer use. Interior Cleaning Locations offer exterior and interior cleaning services, including vacuuming by its team members. It offers a monthly subscription program, Unlimited Wash Club (UWC), as a flexible, quick and convenient option for customers to keep their cars clean. It serves a diverse mix of customers, which include individual retail customers and UWC Members.


NYSE:MCW - Post by User

Post by bullboardmonkeyon Apr 25, 2017 12:42am
271 Views
Post# 26160850

Insider Aquires 8.41 Million Shares at 5 Cents

Insider Aquires 8.41 Million Shares at 5 CentsYou have to applaud the insider of MCW for stepping up and adding at a premium above the trading price and before the share consolidation. There is a high percentage of insider ownership of this company.

 

MCW Energy chairman Blyumkin acquires 8.41 M shares

2017-04-24 15:22 ET - News Release

Mr. Alex Blyumkin reports

ALEX BLYUMKIN ANNOUNCES ACQUISITION OF COMMON SHARES OF MCW ENERGY GROUP LIMITED IN A PRIVATE PLACEMENT

Alex Blyumkin, executive chairman and a director of MCW Energy Group Ltd., has filed an early warning report announcing he has acquired 8,414,910 common shares of the corporation at five cents per share, for an aggregate of $315,000 (U.S.) pursuant to a private placement. The shares represent 3.5 per cent of the currently issued and outstanding common shares of the corporation.

Prior to the transaction, Mr. Blyumkin held, directly or indirectly, beneficial ownership of, or the power to exercise control or direction over, 25,614,186 common shares of the corporation, representing approximately 11.3 per cent of the issued and outstanding common shares of the corporation. Following the transaction, Mr. Blyumkin holds, directly or indirectly, beneficial ownership of, or the power to exercise control or direction over, 34,029,096 common shares of the corporation, representing approximately 14.3 per cent of the currently issued and outstanding common shares of the corporation.

The common shares were acquired for investment purposes. Mr. Blyumkin may increase or reduce his investment in the corporation according to market conditions or other relevant factors.

For further details relating to the acquisition, please see the report, which was filed in accordance with applicable securities laws, a copy of which is available under the corporation's profile on SEDAR or may be obtained from Mr. Blyumkin, care of Alon HaCohen, TQM Law Corp., at 310-844-6968 or alon@TQMLaw.com.

© 2017 Canjex Publishing Ltd. All rights reserved.


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