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OTCBB
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BUER
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| 52
Week High |
$ 7.50 |
| 52
Week Low |
$ 0.04 |
| Shares
Outstanding |
53 Million |
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Information
Console
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Corporate
Headquarters
Bauer Partnership Inc
300 Park Avenue
Suite 1700
New York, NY 10022
United States
Phone: (212) 572-6276
Fax: (212) 572-6499
Ronald J. Bauer, CEO
Company Home Page
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www.OTCLIVE.com
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BUER
- Bauer Partnership Inc |
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SIC Number: 6799
Fiscal Year End: 12-31
Industry: Financial Services
Transfer Agent: Pacific Stock Transfer Company
CIK: 1091418
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Share Data
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Authorized |
Outstanding |
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Date |
Shares |
Source |
Date |
Shares |
Source |
| 11/13/2002 |
200,000,000 |
S-8 |
11/14/2002 |
53,001,394 |
10QSB |
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Business Summary
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| Bauer Partnership Inc., a
diversified holding company, specializes in acquiring
Commercial Real Estate assets in the US and Caribbean, Sports
and Leisure opportunities and Resource oriented ventures. The
Company has already targeted acquisitions in these arenas and
plans to announce them in the near future. The Company also
focuses its efforts on developing viable projects in the
Caribbean and Latin America. The Company has an acquisition
team who operate from the Company's headquarters in New York.
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- The Company, through Bauer Capital Management
Ltd., a subsidiary, seeks to acquire The Mosquito Blue
Resort. The resort is located 40 miles south of
Cancun, Mexico.
- The Company has also announced that it has begun
negotiations for an acquisition in the Sports and
Leisure industry with an announcement forthcoming. The
Company has entered the Gourmet Food Industry, as
well.
- Bauer Debt Purchasing Corp., a wholly owned
subsidiary of the Company, plans to acquire these
large portfolios by utilizing its common stock as a
currency and acquiring such debt at large discounts in
bulk amounts. Bauer Debt will then enter into revenue
sharing agreements with various national collection
agencies in order to convert such portfolios into
performing debt.
- HISTORICAL BUSINESS INFORMATION: The Company was
organized May 28, 1999, under the laws of the State of
Nevada, as Finder Keepers, Inc. The Company has yet to
generate any significant revenues and in accordance
with Statement of Financial Accounting Standards No. 7
(SFAS #7), the Company is considered a developmental
stage company.
- In June 1999, the Company changed its name to
Finders Keepers Inc. In September 2001, the Company
changed its name to Bauer Partnership Inc.
- September 7, 2001, the Company disposed of its
operations to Devorah Zirkind, the Company's former
President and Director, in exchange for the surrender
of 500,000 shares.
- In September 2001, the Company announced that it
had executed a letter of intent to enter into an
agreement and plan of reorganization with The Bauer
Partnership, Inc., a private boutique international
investment banking and institutional brokerage firm
organized under the laws of the State of Delaware.
- As of November 14, 2001, the Company and Bauer
Delaware had not finalized the agreement and plan of
reorganization, but expect to finalize the terms
within the next ten days.
- Until such time as the Company finalizes the
agreement and plan of reorganization with Bauer
Delaware or enters into an agreement to acquire
another business, the Company will not have any
operations.
- On December 5, 2001, the Company acquired 100% of
the issued and outstanding shares of BAUER in exchange
for 31,030,800 post reverse split shares of the
Company's common stock. Following the exchange, there
are 35,095,006 shares of common stock outstanding.
- As a result of the acquisition of The Bauer
Partnership, Inc., a Delaware corporation, the control
of the Company shifted to the former shareholders of
Bauer. The following entity which is beneficially
owned by Ronald J. Bauer, the Company's new chief
executive officer, now exercises control of the
Company.
- On February 6, 2002, the Bauer Partnership Inc.
announced that through one of its wholly-owned
subsidiaries, it has entered into a Share and Asset
Purchase Agreement to acquire The Windjammer Landing
Resort & Spa in St. Lucia, British West Indies for US
$30,000,000.
- The Windjammer Resort & Spa was built in 1989 and
is a five-star resort and spa, encompassing
approximately 56 acres of beachfront land with 144
villa units plus all resort & spa facilities
complementing these units.
- On March 5, 2002, the Company announced that
through one of its wholly-owned subsidiaries, Bauer
Capital Management Ltd., it has entered into a Letter
of Intent to acquire The Golden Lemon Resort in St.
Kitts for US $3,500,000. The resort, located half an
hour from St. Kitts' International Airport is situated
on 16 acres of land called the Caines Estate, and
features extensive water frontage on Dieppe Bay and
Sandy Bay. The main hotel building is a converted
merchant house built in 1610 and has undergone several
renovations during its 400-year history.
- On March 14, 2002, the Company announced that
through one of its wholly-owned subsidiaries, Bauer
Capital Management Ltd., it has entered into a Letter
of Intent to acquire The Six Flags Mall in Arlington,
Texas for US $23,500,000. The mall, one of the first
regional malls in the Dallas-Fort Worth area was built
in 1972, has over 50 stores, and two anchor stores
including Dillard's and Foley's, numerous restaurants,
amenities, and a multiplex cinema.
- On November 12, 2002, The Bauer Partnership, Inc.
announced that through one of its wholly-owned
subsidiaries, BAUER PANAMA REFORESTATION CORP.,
entered into an agreement with Tropical Resources, SA,
of Panama, to develop and market thousands of hectares
of forest land in an effort to promote environmentally
friendly and ethical investments in Panama. The forest
land is part of Panama's current reforestation program
and promotes 4 species of commercial tropical hardwood
trees that are exported to the US for commercial
usage. BAUER PANAMA receives 20% of the generated
revenue through its introduction from the sale of
1,000+ hectares of forest land worldwide.
- On November 21, 2002, The Bauer Partnership, Inc.
announced that it changed its corporate philosophy
from a real estate investment company to a diversified
holding company to better maximize shareholder value.
- The World Golf League (WGL) is a three-year-old
Florida Corporation based in Orlando, Florida. The WGL
was founded in 1999 to capitalize on the largest
participation sport in the world, 26.5 million players
in the U.S. alone and over 60 million worldwide.
- On November 22, 2002, The Bauer Partnership, Inc.
announced that it signed a multi-million dollar letter
of intent to acquire the World Golf League (WGL)
"Where Anyone Can Play For Pay".
- On November 25, 2002, Bauer Partnership Inc
announced that it's Board of Directors has authorized
the repurchase of up to 10,000,000 of its shares of
its common stock representing approximately 20% of the
outstanding shares of the company.
- By November 26, 2002, The Bauer Partnership, Inc.
announced that it completed its due diligence pursuant
to the letter of intent it had signed last week to
acquire the World Golf League (WGL). "Where Anyone Can
Play For Pay".
- On December 2, 2002, The Bauer Partnership, Inc.
announced that it signed a Binding Letter of Intent to
acquire the issued and outstanding shares of Wimbledon
Unreal Grass Pty. Ltd., an Australian private company,
as part of its plan to capitalize on the multi-billion
dollar sports and leisure industry.
- Wimbledon Unreal Grass is one of the worlds
leading suppliers of high quality synthetic grass for
Football, Golf, Cricket, Soccer, Rugby, Leisure, Multi
purpose and Tennis courts. Wimbledon's factories are
located in Melbourne, Australia with HQ's in Hong
Kong. It is the recipient of the Australian
governments export award for its export of quality
Synthetic Sports and Leisure Grass to the Asia Pacific
region. Current estimated year end revenues will
exceed $4 million USD.
- F3 Fitness, LLC is the owner of the nutritional
supplement, Fat to Fit. Fat to Fit is a state of the
art nutritional supplement that contains anti- aging
and skin toning agents designed to rejuvenate your
skin while you tighten and tone your muscles.
- On December 5, 2002, The Bauer Partnership, Inc.
announced that it entered the $34 Billion Health and
Fitness Industry with the 33.3% acquisition of the
issued and outstanding membership interests of F3
Fitness, LLC.
- Bauer acquired 33.3% of F3 Fitness, LLC in
exchange for 1 million restricted shares of The Bauer
Partnership, Inc. common stock, with a One-Year
Lock-Up provision and in addition financial advisory
and marketing services. Future plans will call for a
proposed spin-off into a public vehicle.
- On December 10, 2002, the Bauer Partnership, Inc.
announced that it has signed an agreement with MSI,
Inc. of Orlando, FL, a large Orlando based fulfillment
center to handle live telephone orders, on-line
orders, payment processing and product shipping of F3
Fitness's Nutritional Supplement, "Fat to Fit."
- On December 11, 2002, the Bauer Partnership, Inc.
announced that it has entered the $27 Billion Dollar
Gourmet Food Industry with the 33.3% acquisition of
the issued and outstanding membership interests of
Caviar Universe LLC.
- Caviar Universe is the owner and operator of the
website www.caviaruniverse.com, which is expected to
be fully operational next week and will sell some in
excess of forty value-priced gourmet items, which will
be shipped worldwide out of their bonded warehouse
facility in New York State.
- Bauer will contribute the marketing expertise and
services to the company and plans a major marketing
campaign, slated to start next week. In consideration
for these services Bauer receives 1/3 of the
membership interests in Caviar Universe LLC.
- On December 16, 2002, The Bauer Partnership, Inc.
announced that it plans to enter the $60 Billion
Dollar Annual Debt Purchasing Market with the
formation of a wholly owned subsidiary, Bauer Debt
Purchasing Corp.
- Bauer Debt Purchasing Corp. was formed as a wholly
owned subsidiary of The Bauer Partnership, Inc., for
the purpose of acquiring large non-performing debt
portfolios. These portfolios range from bank debt to
credit card debt. Average debtor ranges are between
$1,500 to $2,000. Bauer plans to acquire these large
portfolios by utilizing its common stock as a currency
and acquiring such debt at large discounts in bulk
amounts. Bauer Debt will then enter into revenue
sharing agreements with various national collection
agencies in order to convert such portfolios into
performing debt.
- On December 16, 2002, The Bauer Partnership, Inc.
updated its status with Ocean Strategic Holdings Ltd.
and Turbo International Ltd. The Bauer Partnership,
Inc. previously entered into a settlement agreement
and mutual release with Ocean Strategic Holdings Ltd.
and Turbo International Ltd. relating to the repayment
of a $250,000 loan. The Bauer Partnership has made
several payments to Ocean Strategic Holdings and Turbo
International and currently owes these parties an
aggregate of $120,000 principal and approximately
$25,000 in interest and penalties.
- On December 17, 2002, The Bauer Partnership, Inc.
announced that it has entered into an agreement
through Bauer Debt Purchasing Corp., a wholly owned
subsidiary of The Bauer Partnership, Inc., to acquire
a $30,000,000 Bank and Credit Card Debt portfolio from
a large Swiss Investment Group, EH & P Investments AG
of Zurich, Switzerland. The $30,000,000 debt portfolio
is comprised of US based debtors, averaging $1,600 per
debtor and approximately 19,000 debtors.
- Bauer has acquired the $30,000,000 debt portfolio
for $2,000,000 in restricted shares. The 10M shares
will be issued at $0.20 per share and pursuant to a
two-year lock-up agreement.
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Management
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| Name |
Title |
| F. Bryson Farrill |
CB |
| Jacques Fischer |
COO/DIR |
| Ronald J Bauer |
FND/CEO/DIR |
| Joseph T Bauer |
DIR |
| G Reed Peterson |
BO |
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