FORT LAUDERDALE, Fla., March 10, 2011 (GLOBE NEWSWIRE) -- Approximately 334 people were in attendance for the first three dinner tracks of the 2011 Spring Break for Wall Street Dinner Series, which occurred on Tuesday, March 1st, Wednesday, March 2nd, and Thursday, March 3rd. A cadre of attendees consisting of professional and licensed money managers, private equity investors, accredited investors and accounting professionals heard corporate dinner presentations by seven publicly traded companies over three nights.
Aberdeen International, Inc. (TSX:AAB); Avion Gold Corporation (TSX:AVR); BankAtlantic Bancorp, Inc. (NYSE:BBX); Hemispherx Biopharma, Inc. (AMEX:HEB); NovaGold Resources, Inc. (AMEX:NG); Sulliden Gold Corporation, Ltd. (TSX:SUE).
Hosted by LDV Capital Management (www.LdvCapitalManagement.com), Founder and President James DePelisi stated: "Having done Spring Break for Wall Street for three years now, we feel that this year's Dinner Series format really served as a phenomenal forum for all of the publicly traded companies presenting, as well as the attendees in the audience. Each of the three dinner presentations had close to 100 people, or more, in attendance, on every night."
More importantly, every attendee was able to view all of the company presentations on the evening they attended. Moreover, every corporate presenter was able to be in front of everyone who attended on the evening they presented. Certainly, those logistics make for a great evening and a great event. LDV intends to host more Spring Break for Wall Street Dinners for the month of March, and into the month of April. Its next date is tentatively scheduled for March 30th, 2011.
Each night of dinner presentations also had keynote speakers discussing the economy and current regulatory issues of investor awareness, which left the audience both informed and intrigued.
The Tuesday, March 1st dinner had M3 Limited, President and Founder Peter Campbell, as the keynote speaker. Mr. Campbell gave a 30 minute presentation regarding the history of banking and credit systems, as compared to the current world and domestic economies of today.
The keynote speakers for Wednesday, March 2nd were comprised of a panel discussion chaired by Margaret Cullen, Trade Commissioner of the Consulate General of Canada; and Michael Graham Ph.D., President of Michael Graham Investment Services, Inc. Mr. Graham, a Canadian resident, is the author of the must read book: Financial First Aid for Canadian Investors. The panel rendered their expertise about the nuances of the Canadian economy. Industry sectors were analyzed, as well as risk factors to consider. Also, Canadian – US economic relationships were discussed.
The keynote speaker for Thursday, March 3rd was Certified Public Accountant (CPA) Michael C. Donegan. Mr. Donegan is the noted author of the well written book: Growth and Profitability – Optimizing the Finance Function for Small and Emerging Businesses. Through power point slides and excerpts from his book, Mr. Donegan explained the necessity of Sarbanes Oxley and the inherent need for corporate internal controls, to better protect investors from Ponzi schemes and corporate fraud. Also addressed, was the contrary impact that Sarbanes Oxley may be having on the growth of small businesses, and how that may be deterring the growth of the overall economy.
Mr. DePelisi also added: "All in all it was an exciting week, with three exciting dinners. Things also synergize well when you have great speakers. I think all of the speakers did an excellent job putting into perspective where their companies have been, where they are currently, and where they plan to potentially go in the future. Whenever you can walk away from a presentation being more informed, not only about the companies that are presenting, but also about the respective industries in which they are affiliated, you know the speakers did a great job."
ABOUT LDV CAPITAL MANAGEMENT: LDV Capital Management is a Registered Investment Advisory firm licensed with the state of Florida specializing in Financial Advisory, Mergers & Acquisitions, Fairness Opinions and Investment Banking. Its President and Founder is James DePelisi. Mr. DePelisi is also the President of the 45 year old Stock & Bond Club of South Florida (www.SBCSF.org). The Stock & Bond Club of South Florida dinner association is one of the largest investment advisor associations in Florida. Over 150 companies have presented before its assembly in the past 16 years, including notable companies: Aflac (http://www.aflac.com); Gold Corp (http://www.goldcorp.com); Cemex (http://www.cemex.com); and Novartis (http://www.novartis.com). General Electric (www.ge.com) and BB&T (www.bbandt.com) have been the two companies to recently present before the Stock & Bond Club assembly in 2011, thus far.
DISCLAIMER: LDV Capital Management is a Registered Investment Advisory firm licensed within the State of Florida. The information herein is not a solicitation to invest, but simply public information compiled from Yahoo Finance, a company press release and information from the company's web site. Information is believed to be reliable, but makes no representation to its accuracy or completeness. LDV does not recommend, warrant, or guarantee the success of any action taken in reliance on statements made in this news release or by any company presentations at the Conference. Due-diligence and professional advice should be sought before making any investment decisions. LDV, nor any of its principles or employees do not hold any stock positions in any of the companies mentioned above.