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:: Thomas Penton :: May 3 :: Cleveland


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So I normally never listen to the essential selection, but I was so bored this weekend & there were two massive trax....there was a lot of good tracks, but two that were just DA SICKNESS:

Audio Booty "Bang Bang" - it'll take foreva to get licensed b/c it uses a Nancy Sinatra Vocal, but the track is a party starter. I listend to it maybe 6 times. This track will get overplayed in no time, but will be the business while it's fresh.

Tiefschwartz "Issssst" - no vocals, just techy/funky/electric mash. SO GOOD.

The Nightclub Afficionado has spoken = thomar, get on it! :hat:

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Krispy Kreme to Pay New CEO $760/Hour

Mon Jan 24, 5:26 PM ET Business - Reuters

LOS ANGELES (Reuters) - Struggling doughnut chain operator Krispy Kreme Doughnuts Inc. (NYSE:KKD - news) said on Monday it will pay its new chief executive, Stephen Cooper, the standard hourly rate of $760 charged by his financial consulting group.

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Krispy Kreme last week replaced former CEO Scott Livengood with Cooper, who is chairman of Kroll Zolfo Cooper LLC and most recently oversaw the dismantling of scandal-ridden Enron Corp. (Other OTC:EONPQ - news)

The company also said in a regulatory filing it will pay Steven Panagos, its new president and chief operating officer, at the hourly rate of $695. Panagos is the head of Kroll Zolfo's restructuring practice.

Krispy Kreme will also reimburse Kroll Zolfo for "reasonable out-of-pocket expenses" and is in the process of negotiating a "success fee" with the firm.

Krispy Kreme, which is based in Winston-Salem, North Carolina, in May blamed the low-carb diet craze for slowing doughnut sales and has since become the target of a U.S. Securities and Exchange Commission (news - web sites) probe of its accounting and shareholder lawsuits charging it made false statements about its business.

The company is also in the midst of restating 2004 financial reports due to errors in how it accounted for repurchases of franchises.

Last week, Krispy Kreme said its lenders agreed to defer until Monday the date on which it would be declared in default of its credit agreement because of its failure to file its most recent financial statements with regulators.

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this morning at 10 am is the U2 shows presale for u2.com members. Considering I got shut out of every presale for the Elevation Tour (sans Dublin, I was actually able to score 2 tickets to their show in Dublin!) I'm not putting much stock in this.

Wish me luck. I'm gonna need it :(

go get 'em tiger!

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