Conihasset Capital Partners Names Ed Mulherin, CPA as Chief Financial Officer
Conihasset Capital Partners, Inc. (Pinksheets:CNHA - News) (the "Company") has announced that on March 4, 2011 Edward M. Mulherin, CPA was appointed Chief Financial Officer of the Company.
Conihasset Capital Partners Releases First Quarter Results Wholly Owned Subsidiary MH Gaming Adds Strong Revenue Growth
Conihasset Capital Partners, Inc. (Pinksheets:CNHA - News) (the "Company") announced today that revenues for the first quarter of 2011 were $1,080,229 compared to $73,723 for the same quarter of 2010.
Conihasset Capital Partners operates as a holding company. We invest in and/or acquire and subsequently manage small manufacturing, service and distribution companies.
We are presently focusing our efforts on the gaming and entertainment industry in the State of Florida.
On December 30, 2010 we acquired three "Senior Arcades" from a common owner. They are 'Starlight Palace I', Starlight Palace II' and 'The Pyramid' in Melbourne, Sebastian and Vero Beach, FL, respectively.
A Senior Arcade is an entertainment establishment where members of Florida’s vast senior citizen population play coin and electronic debit card enabled skill based games in an “Award for Prize” format and spend time, socialize and enjoy complimentary buffet lunches and dinner in a clean, safe and comfortable environment.
It is our intent to consolidate the arcade industry as well as its critical suppliers.
At present we own 100% of the outstanding membership interests in MH Gaming LLC and Diversified Fluid Systems LLC.
OUR HOLDINGS INVESTOR RELATIONS
MH Gaming LLC ("MHG") owns and operates amusement arcades in the State of Florida. MHG acquired three arcades on December 30, 2010.
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