Atlanta_Guy

He didn’t have to sell….. your argument is illogical. you don’t have to sell bars that make money. He sold the clubs for equity in pride holdings and a promises that Pride Holdings would open new Johnson’s locations

The Chicago situation is being wildly overused here as a kind of political Ouija board — as if chanting “woke activists” explains unpaid liquor distributors in Florida. Let’s separate emotion from arithmetic. Chicago may very well have been kneecapped by community politics. Fine. Even if I grant that 100%, it still has zero explanatory power for what’s happening right now at the Florida clubs. Liquor distributors don’t cut you off because of activism. Cleaning crews don’t stop showing up because of ideology. Landlords don’t file eviction notices because someone was cancelled three years ago in another city. Those things happen for exactly one reason: the owners aren’t paying their bills. And Matt hasn’t controlled the books, the bank accounts, or vendor payments since the sale. That’s not opinion — that’s how ownership works. Blaming him for this is like blaming the architect of a house for the foreclosure after he sold it and moved out. If we want to criticize Matt for not doing deeper due diligence on the buyers, that’s fair. But the real cause of Johnson’s issues is Pride Holdings — their financial condition isn’t mysterious or ideological. Their own filings show no operating revenue in 2024, multiple unfinished properties, and a long, documented history of bankruptcies and creditor disputes. That’s not “community backlash.” That’s a balance sheet screaming. You can tell stories about Chicago all day if it makes you feel better. But it won’t mop the floors or buy liquor in Tampa or Fort Lauderdale. This isn’t culture war drama. It’s owners extracting cash from one asset to prop up failing projects elsewhere — and vendors eventually stop playing along. The clubs aren’t in trouble because they were controversial. They’re in trouble because someone stopped paying the bills. Quote

You’re right. I’ll move it

I am providing information here. Not speculation…. The sale involved stock/shares in the company and promises…..not cash. He can’t “buy it back”. And even if the new owners were willing to exchange the stock for the bars… they’ve taken money and run up bills… which is why the Tampa club has received an eviction notice, vendors haven’t been paid, liquor distributors haven’t been paid… it’s fucked up!!! If you really think I’m blowing smoke look at these financial statements…. Prior to “buying” Johnson’s they had no revenue for all of 2024. their website is just a bunch of bullshit. They are crooks. They are destroying Johnson’s… it has nothing to do with wokeness, it has nothing to do with being “pushed out” in Wilton manors or Tampa bay It’s all about the majority owners of Pride Holdings. PRIDE Holdings Group | Leader in the LGBTQ+ Community PRIDEHOLDINGSGROUP.COM Welcome to PRIDE Holdings Group Your LGBTQ+ publicly traded company Come join us and support your company! At PRIDE Holdings Group, our vision is to... Parliament House Enterprises Financial Statements 2022-2025 | PHSE WWW.MACROTRENDS.NET Ten years of annual and quarterly financial statements and annual report data for Parliament House Enterprises (PHSE). Income statements, balance sheets, cash...

Both clubs are at risk.

Matt is not responsible for this mess… except in the fact he didn’t do enough investigation on his buyers. Matt has had no control of the money since he sold the business. The new owners are handling all accounting. There has still been revenue coming in. So, how the hell is Matt responsible for the blatant dishonestly of the new owners

There are multiple sources. I don’t do rumors. I’m talking to people who know. In Tampa and fort Lauderdale. It’s worse than I thought. They can’t even buy liquor right now because they haven’t paid their liquor distributor. They haven’t paid their cleaning crews… I’m not sure if they have made payroll. Here is what I’ve learned about the “Pride holdings group” everyone knows they have no money. They haven't been able to finish the build out on their new nightclub (Parliament House) since before Covid. And then they leased another building to open it first and the alcohol wet zoning had dried up and they couldn't get a liquor license for it and it is just sitting. So they have 2 unfinished properties. And the owners are known crooks. The only reason Parliament House went under was the owners took all the money and didn't pay any bills and filed for bankruptcy multiple times. But the last time they filed, the judge pulled the chair out from under them and said they were intentionally defrauding the State of Florida, The IRS, ETC. And declined to let them file and made them liquidate all their assets to pay off bills.

Johnson’s tampa has received an evictions notice. It appears the new owners are extracting all of the cash flow to pay for the Parliament House reopening. They aren’t paying their bills…:hence the eviction notice

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Well as of Aug 1st they own Johnson’s which means they have two profitable clubs (Johnson’s Tampa and Fort Lauderdale). But if those clubs had a massive income straam they could have expanded without selling… seems they trade their assets for worthless shares.

This company will be bankrupt in less than a year. From gaysydney news $31k USD cash on hand against $15M USD deficit How fucking stupid can you be???????? —————————————————————————————————————— Pride Holdings records $23 million  deficit As of June 30 this year, Pride Holdings, currently going through a corporate name change from Parliament House Enterprises, reported an accumulated deficit of  $US14.96 million (A$23.13 million). Its quarterly financial report warned these conditions “may indicate that the Company will be unable to continue as a going concern for a reasonable period of time”. In plain terms, this indicates the company faces a risk of running out of money or becoming insolvent if its financial position does not improve. To date it has been relying on debt to sustain operations. “The Company has experienced net losses from operations since inception but expects these conditions to improve in future years as its new business model is implemented,” the report stated. It also noted: “The Company has stockholders’ deficits at June 30, 2025 and December 31, 2024 and requires additional financing to fund future growth and support operations. “The Company’s existence is dependent upon management’s ability to develop profitable operations and to obtain additional funding sources. There can be no assurance that the Company’s financing efforts will result in profitable operations or the resolution of the Company’s liquidity problems.” The same report showed the company had just  $US31,578 (A$48,832) cash in the bank at the end of June – down from $US244,793 ($A377,672) at the end of March. In December it reported having $US367,094 ($566,415) in cash. Another filing from late March revealed the company had taken on more than $US861,169 (A$1.33 million) in new debt over the past year. Stonewall Hotel quietly sold: Inside the US takeover of an iconic Sydney gay bar GAYSYDNEYNEWS.COM.AU When a little-known US company quietly posted a press release on its website announcing it had acquired Sydney’s legendary Stonewall Hotel last month, the...

Has anyone looked at the company and the people involved. This could go belly up PRIDE Holdings Group | Leader in the LGBTQ+ Community PRIDEHOLDINGSGROUP.COM Welcome to PRIDE Holdings Group At PRIDE Holdings Group, our vision is to create a vibrant, inclusive, and safe space where the global LGBTQ+ community can...

I realize this is somewhat akin to beating a dead horse…..but apparently stock bar has a female DJ now. Honestly, I think they need to shut it down and repurpose it as a drag/dance bar. The only thing left in montreal as far as strip clubs go is campus…. And while they have too many women, at least they still have a roster of hot dancers and it remains a gay male strip club where the staff is male. I’m sure at some point we will get an update that stock has added trans women or trans men or non binary dancers to the lineup. I guess I have another question since we are being so inclusive. Isn’t it discriminatory, elitist, unwelcoming, unequal and alienating that only men can be drag queens? This is clearly not in keeping with the gay community’s stated goals around diversity, equity and inclusion. Women should be able to get dressed up, put on crazy wigs, over the top make up and lip sync to Rhianna and Mariah and Whitney just like the boys do. Women, whether straight or gay should not be treated like 2nd class citizens in gay bars. There is no way anyone who believes that opening up gay strip clubs to women every night in the name of equality could disagree. So, let me know your thoughts.

Does he top or bottom

I identify as Mr.America. Does that make it so? Not responding any further to your question as it is a political topic.