Rutgers, Duke and Vanderbilt all have ties to the $100 million NJ deli company

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Hometown International has a market capitalization of $100 million despite owning just a New Jersey deli. Vanderbilt, Duke and Rutgers have ties to the company.

., which Maso Capital created last year and which began trading on NASDAQ.

The involvement of the three universities with Hometown International and the deli's landlord raises more questions to the mystery surrounding Hometown, whose market capitalization of $100 million reflects — in no way at all — the underlying value of the deli it owns. That deli has had sales of just $35,000 in the 2019 and 2020 combined., which is being conducted with the federal Centers for Disease Control and Prevention and the federal Agency for Toxic Substances and Disease Registry.

The universities' stakes, which include common shares and warrants, were acquired for about $2 million in total.

 

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Smells like a tax loophole

Still cant get a decent cannoli…

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