<SEC-DOCUMENT>0001144204-14-017638.txt : 20140325
<SEC-HEADER>0001144204-14-017638.hdr.sgml : 20140325
<ACCEPTANCE-DATETIME>20140325163319
ACCESSION NUMBER:		0001144204-14-017638
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20140320
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140325
DATE AS OF CHANGE:		20140325

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RICKS CABARET INTERNATIONAL INC
		CENTRAL INDEX KEY:			0000935419
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING & DRINKING PLACES [5810]
		IRS NUMBER:				760458229
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13992
		FILM NUMBER:		14716352

	BUSINESS ADDRESS:	
		STREET 1:		10959 CUTTEN ROAD
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77066
		BUSINESS PHONE:		2813976730

	MAIL ADDRESS:	
		STREET 1:		10959 CUTTEN ROAD
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77066
</SEC-HEADER>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM 8-K</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Current Report</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant To Section 13 or 15(d) Of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report:&nbsp;&nbsp;March 20, 2014</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RICK'S CABARET INTERNATIONAL, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact&nbsp;Name&nbsp;of&nbsp;Registrant&nbsp;As&nbsp;Specified&nbsp;in&nbsp;Its&nbsp;Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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    <TD STYLE="width: 32%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Texas</font></td>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</td>
    <TD STYLE="width: 32%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">001-13992</font></td>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</td>
    <TD STYLE="width: 32%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">76-0458229</font></td></tr>
<tr>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">(State Or Other Jurisdiction&nbsp;of Incorporation)</font></td>
    <TD STYLE="text-align: center">&nbsp;</td>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">(Commission File Number)</font></td>
    <TD STYLE="text-align: center">&nbsp;</td>
    <TD STYLE="vertical-align: top; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&nbsp;(IRS Employer Identification No.)</font></td></tr>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">10959 Cutten Road</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Houston, Texas 77066</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of Principal Executive Offices,
Including Zip Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(281) 397-6730</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Issuer&rsquo;s&nbsp;Telephone&nbsp;Number,&nbsp;Including&nbsp;Area&nbsp;Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 96px"><font style="font: 10pt Times New Roman, Times, Serif">ITEM 8.01</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">OTHER EVENTS.</font></td></tr>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On March 20, 2014, Rick&rsquo;s Cabaret
International, Inc. and its wholly-owned subsidiary, RCI Dining Services (Harvey), Inc. (&ldquo;RCI Dining&rdquo;), entered into
a Purchase Agreement with Triple Location, LLC (&ldquo;Triple Location&rdquo;), Seif El Sharif and Deborah Diaz (the &ldquo;Asset
Purchase Agreement&rdquo;). Triple Location owns and operates an adult entertainment cabaret known as &ldquo;Club O,&rdquo; located
at 17038 Halsted Street, Harvey, Illinois 60426. Mr. El Sharif and Ms. Diaz own entities that together own 100% of the stock of
Triple Location.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the Asset Purchase Agreement,
Triple Location will sell all of the assets of the business of Club O to RCI Dining for the aggregate purchase price of $9,060,000,
which includes (i) a cash payment of $2,000,000, (ii) $1,560,000 in shares of restricted common stock of Rick&rsquo;s Cabaret International,
Inc. (the &ldquo;Rick&rsquo;s Shares&rdquo;), valued based upon the average closing price of our common stock for the ten trading
days immediately preceding the date of closing, and (iii) a $5,500,000 five-year secured promissory note, bearing interest at the
rate of 4% per annum, payable, in arrears, in 60 equal monthly payments of principal and interest. On or after six months from
the date of closing, Triple Location will have the right, but not the obligation, to have us purchase from it 1/6<SUP>th</SUP>
of the Rick&rsquo;s Shares per month at the same price calculated above until it has received a total of $1,560,000 from the sale
of the Rick&rsquo;s Shares. Triple Location will also enter into a lock-up agreement which will provide that, in the event Triple
Location elects not to &ldquo;put&rdquo; the shares to us, it can not sell more than 1/6<SUP>th</SUP> of the Rick&rsquo;s Shares
per month under certain conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">In
connection with the Asset Purchase Agreement, SSNN, LLC, an entity also owned by</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">Mr.
El Sharif and Ms. Diaz, entered into a Purchase Agreement to sell the real property where Club O is located, including all improvements
thereon, to our wholly-owned subsidiary, RCI Holdings, Inc., for the purchase price of $2,000,000 in cash (the &ldquo;Real Estate
Purchase Agreement&rdquo;). Further, Mr. El Sharif and Ms. Diaz will each be required to enter into a five year non-competition
agreement pursuant to which neither can own or operate an establishment featuring live female nude or semi-nude adult entertainment
in Harvey, Illinois, or within a 25 mile radius of Harvey, Illinois, excluding two existing Hammond, Indiana locations and a Bedford
Park, Illinois license location.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Both the Asset Purchase Agreement and
Real Estate Purchase Agreement are scheduled to close five business days after RCI Dining has all necessary permits and other
authorizations needed to serve alcohol (until 4:00 a.m. Sunday through Thursday and 5:00 a.m. on Friday and Saturday) and
provide live female nude entertainment on the premises. The Asset Purchase Agreement and the Real Estate Purchase Agreement
are subject to standard and customary closing conditions and are subject to due diligence requirements. After closing, we
anticipate rebranding the Club O establishment under our Tootsie&rsquo;s Cabaret gentlemen&rsquo;s club format.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 96px"><font style="font: 10pt Times New Roman, Times, Serif">ITEM 9.01</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">FINANCIAL STATEMENTS AND EXHIBITS</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(d) <U>Exhibits</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif">Exhibit Number</font></td>
    <td style="width: 2%">&nbsp;</td>
    <td style="width: 82%"><font style="font: 10pt Times New Roman, Times, Serif">Description</font></td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-indent: 0.375in"><font style="font: 10pt Times New Roman, Times, Serif; color: "><u>99.1&nbsp;</u></font></td>
    <td>&nbsp;</td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Press Release dated March 24, 2014</font></td></tr>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td colspan="2"><font style="font: 10pt Times New Roman, Times, Serif">RICK'S CABARET INTERNATIONAL, INC.</font></td></tr>
<tr style="vertical-align: top">
    <td style="width: 50%">&nbsp;</td>
    <td style="width: 5%">&nbsp;</td>
    <td style="width: 45%">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Date:&nbsp;&nbsp;March 25, 2014</FONT></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">By:</font></td>
    <TD STYLE="border-bottom: Black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">/s/&nbsp;&nbsp;Eric Langan</font></td></tr>
<tr>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Eric Langan</font></td></tr>
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">President and Chief Executive Officer</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>

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<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt"><img src="image_001.jpg" alt="ricksLogo small" style="height: 83px; width: 166px"></td>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>RICK&rsquo;S CABARET INTERNATIONAL TO BRING MEGA ADULT CLUB
TO CHICAGO MARKET WITH ACQUISITION OF CLUB O</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Will Expand and Convert Facility to Rick&rsquo;s Highly Successful
Tootsie&rsquo;s Cabaret Format</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">HOUSTON, TX, March 24, 2014 -- Rick's Cabaret International,
Inc. (NasdaqGM: RICK)<FONT STYLE="background-color: white"> announced today that it has signed a definitive agreement to purchase
Club O, located in a suburb of Chicago. Rick&rsquo;s plans to expand and convert it to the Company&rsquo;s highly successful Tootsie&rsquo;s
Cabaret mega gentlemen&rsquo;s club format.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">Club O was named Best
Club in the Midwest in 2012 at the Adult Nightclub Expo in Las Vegas. It currently occupies approximately one-quarter of its 56,000
square foot building, has a 5 a.m. license on weekends and 4 a.m. on weekdays, and is centrally located and highly visible off
Interstate 294 and Interstate 80.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">Rick&rsquo;s plans include
making fuller, more effective use of the location to establish a major presence in the Chicago market and to leverage the Tootsie&rsquo;s
brand. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">&ldquo;While Club O has
been a successful venue for many years in the Chicago area, we anticipate it will be even more so when we refashion its facilities,
mode and name to Tootsie&rsquo;s Cabaret, based on our highly successful adult gentlemen&rsquo;s club in Florida serving the Miami
market,&rdquo; said Eric Langan, President and CEO of Rick&rsquo;s Cabaret.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">&ldquo;Tootsies Cabaret
Chicago will be a very exciting addition to our growing national network of adult clubs and sports bar/restaurants, and will be
especially so once its makeover is completed to include Tootsie&rsquo;s signature stages, bars, entertainment and sports bar/restaurant
attractions. We anticipate that the changeover will be complete by the Spring of 2015. During the transition, the existing Club
O will continue to operate as usual.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">Cost of the acquisition
is $11.06 million, which includes $2 million for the real estate. Assuming transfer of all necessary permits, licenses and other
authorizations, and other items subject to due diligence, closing is expected on or before May 31, 2014. </FONT><FONT STYLE="font-size: 10pt"><B>
</B></FONT>Payment will consist of $4.0 million in cash; a number of restricted shares of Rick's common stock valued at an aggregate
of $1.56 million; and a $5.5 million, five-year 4% promissory secured note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Tootsie&rsquo;s Cabaret in Florida is one of Rick&rsquo;s most
profitable clubs. It features three levels of VIP areas; abundant stage area seating; full bar service; a lavish lunch, dinner
and appetizer menu; and a Knockers Sports Bar. The club has gained national attention after being voted number one adult nightclub
in America in 2012 at the Las Vegas Adult Nightclub Expo, and is frequently featured in newspapers and on radio and television
programs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About Rick&rsquo;s Cabaret</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">With 43 units, Rick&rsquo;s Cabaret International, Inc. (NasdaqGM:
RICK) is <FONT STYLE="background-color: white">the leading hospitality company operating adult gentlemen&rsquo;s clubs and sports
bar/restaurants in the US. </FONT>Adult clubs in New York City, Los Angeles, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth,
Houston, Minneapolis, Indianapolis and other cities operate under brand names such as &ldquo;Rick's Cabaret,&rdquo; &ldquo;XTC,&rdquo;
&ldquo;Club Onyx,&rdquo; &ldquo;Vivid Cabaret,&rdquo; &ldquo;Jaguars&rdquo; and &ldquo;Tootsie&rsquo;s Cabaret.&rdquo; Sports bar/restaurants,
which also feature live entertainment, operate under the brand names &ldquo;Bombshells&rdquo; and &ldquo;Ricky Bobby Sports Saloon.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>For More Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Web: <U>http://www.ricksinvestor.com</U></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Twitter: <U>https://twitter.com/rickscabaretinc</U></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Facebook: <U>https://www.facebook.com/rickscabaretintl</U></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Forward-looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This press release may contain forward-looking statements that
involve a number of risks and uncertainties that could cause the company&rsquo;s actual results to differ materially from those
indicated in this press release, including the risks and uncertainties associated with operating and managing an adult business,
the business climates in cities where it operates, the success or lack thereof in launching and building the company&rsquo;s businesses,
risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions,
and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on
key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future
events or circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Media &amp; Investor Contacts</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Gary Fishman and Steven Anreder at 212-532-3232 or <U>gary.fishman@anreder.com
</U>and <U>steven.anreder@anreder.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

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