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You Read it Here First: Jill Kelly Productions Holding, Inc. Signs Letter of Intent to Acquire Adult Nightclub in New York City

WEST HOLLYWOOD, Calif.–Jill Kelly Productions Holding, Inc. [JKXJ] announced that it has signed a letter of intent to acquire an ownership interest in a new adult nightclub in New York City.

JKXJ will be operating the club as “Jill Kelly Productions Presents the Manhattan Gentlemen’s Club” located at the corner of East Houston Street and Ludlow Avenue in the former “Manhattan Gentlemen’s Club” and well-known hotspot “Club Chaos.”

JKXJ’s first nightclub encompasses approximately 7,000 square feet in a former bank building that still has the old bank vault door in the basement and is adorned with original art-deco finishes throughout. The basement, which is planned as an adult-oriented art gallery, is expected to open by the end of December with an adult oriented art gallery with works of art for sale.

The General Manager of the club, Michael Mueller, is a well-known and highly regarded ten-year veteran of the nightclub scene. Mr. Mueller, who formerly held positions as the GM and Manager of Operations with world-class establishments such as the Rainbow Room, as well as the former Manhattan Gentlemen’s Club, will oversee and manage the club’s operations on a daily basis. Mr. Mueller commented, “This is a rare opportunity for any owner and operator of a nightclub. Having the JKP name behind this establishment as well as the team to help operate and expand and diversify the club’s operations should create significant exposure that is very exciting. I’m proud to be a part of this organization and look forward to building a world-class club.”

Bob Friedland, CEO of Jill Kelly Productions stated, “JKXJ is focused on becoming a diversified adult media and entertainment company and this first club is another step towards achieving this objective. The new JKP club is fully operational and catering to customers on a daily basis. In line with our diversified approach and cross selling strategy, we shot a commercial that will be airing on the new cable TV Channel that we recently announced. This is a significant opportunity for the Company by having our first landmark club located in a very elegant building in New York City in a high traffic area and being one of the closest clubs to Wall Street. We look forward to optimizing the potential of this club and the value that will be created for the Company and JKXJ shareholders.”
 

 

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