Mesquite Chop House to Open in Germantown

Mesquite Chop House will be opening its third location in mid-August at 3165 Forrest Hill Irene Road in Germantown.

The space previously housed Equestria Restaurant. Dennis Scott, Equestria’s former owner, will be a partner in the new Mesquite Chop House location.

Mesquite Chop House currently operates in at 5960 Getwell Road in Southaven and at 88 Union Ave. in Downtown Memphis. All properties are managed by River City Management Co.

Robert Pera, the Grizzlies and “a perfect organism”

Robert Pera, the tech industry wunderkind in talks to buy the Memphis Grizzlies, recently watched Ridley Scott’s new film “Prometheus.”

After that, Pera recounts on his blog, he went back and watched Scott’s original “Alien” movie. At one point in the film, the ship’s crew wants an explanation for the Alien, and the character Ash tells them, “You still don’t understand what you’re dealing with, do you? A perfect organism.”

Meanwhile, his bid to buy the Memphis Grizzlies from Chicago billionaire Michael Heisley is currently being studied to determine whether it is a similar “perfect organism.”

The New York Daily News over the weekend, in a story by Mitch Lawrence, citied sources close to Pera as saying his net worth has fallen a bit in the recent past. And the stock price of Ubiquiti Networks, the company Pera started in 2005 after leaving Apple Inc., is down about 40 percent since the beginning of the year.

That recent press left the impression Pera’s net worth has fallen precipitously – a fact his team disputes as being demonstrably false.

A member of Pera’s team who asked not to be identified told The Daily News, “The facts speak for themselves. The value of Mr. Pera’s interest in Ubiquiti Networks is nearly $800 million. Mr. Lawrence’s story is completely false.”

Lawrence reported over the weekend that Pera’s deal is in trouble and that his net worth recently plummeted to $200 million. However, information from Yahoo Finance shows that Pera owned almost 58 million shares in Ubiquiti Networks as of Oct. 12, and at the time of this post Ubiquiti shares were currently priced at around $13 a share. (58 million shares times $13 = $754 million).

It also should be noted that in updating their story from this weekend, the New York Daily News described the $800 million figure as Pera’s net worth. However, the member of Pera’s team who contacted The Daily News said it’s the value of Pera’s stake in Ubiquiti that’s worth $800 million.

Shelby Farms Leverages Donations for Twice the Good Until June 30

A generous donor has agreed to match any gift given to Shelby Farms Park + Greenline by June 30 up to $150,000.

At 4,500 acres, Shelby Farms Park is the largest urban park in the United States. Each day, it takes $7,123 to operate Shelby Farms Park + Greenline, and the park relies on members and supporters to contribute more than 75 percent of the Park + Greenline operating budget.

“Together, we can protect and preserve the lakes, trees and trails that make Shelby Farms Park special and ensure it is available for all of us to enjoy,” said Laura Adams, executive director of Shelby Farms Park Conservancy. “Every dollar counts.”

Make your donation here.

Memphis Social Media Usage Up, Survey Says

And the survey says – 38 percent of Shelby County adults use social media.

That’s the findings of Obsidian Public Relations and Research Dynamics Inc. in its second annual telephone survey of Memphian social media habits. The margin of error for results based on the total sample of 202 respondents is +/- 7 points.

Of the 532 adults countywide who were willing to participate in the survey, 38 percent qualified to participate by saying they had used a social media site like Facebook, Twitter, Pinterest, LinkedIn or YouTube in the past two weeks. It was a five-point increase from the 33 percent level of the 2011 survey.

Here’s an infographic with some more findings:

Memphian to Appear on Food Network’s Cupcake Wars

Memphian Tamara Sawyer, founder of TamiCakes, will appear on Food Network’s Cupcake Wars at 8 p.m. on Sunday, June 24.

Each week on Cupcake Wars, four of the country’s top cupcake bakers face off in three elimination challenges until only one decorator remains. The winner receives $10,000 and the opportunity to showcase their cupcakes at gigs that have run the gamut from film festivals to celebrity golf tournaments.

Tamara founded TamiCakes, an online bakery, in the Washington, D.C. area in 2011. Check the company out on Twitter @tamicakesdc, on Facebook at /tamicakesdc, and on its website at tamicakesdc.com.

Sawyer, a 2004 University of Memphis graduate and alumna of St. Mary’s Episcopal School, is featured in the June 2012 issue of Sister 2 Sister magazine.

Before moving to D.C., Sawyer was active in the Memphis community as a Bridge Builders’ Alum, Girls Inc. camp counselor and Links Inc. debutante. She is currently active with St. Mary’s Annual Fund leading fundraising efforts for her class. Sawyer’s brother and his family, Mr. and Mrs. Michael Hooks Jr., reside in Memphis.

Dansette

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