Houseere part of a white luncheon. The meeting coming one day before the stock report. You will be happy to know that Fabian Cousteau is done with his record days under the seat. Those are some of the top headlines. Thank you. Combination designed to build assets, profits, and move the business forward. Connect one is working to strengthen its business. Jerseyss new fourthlargest bank. Frankg me now is sorrentino. Is the chairman and chief executive of connect one. 1 we were talking about, july has what is it takes is months. Six months from announcement to deal close. That includes rebranding. Very short. Of time. Three regulatory agencies. It was a big left. That is our dna. We do everything with a great sense of urgency. That urgency you are talking about is that you have to combine two systems, cultures, workforces. Give us an update. All those things started the moment we announced the deal. We did not wait. We are going to do that immediately. , rantingy of the close change, signing changed. Phone, connecthe one Verifone Systems change. All in one day. It was a hectic weekend. Congratulations. 2. 2 billion in assets. Over 3 billion in assets. 4 billion in deposits. What are we talking about . 24 ranches. Number four bank in new jersey. Is right by deposits. Youre going to because number three. Youre a very competitive guy. Just a little. Talk about the construction business. We think the construction portfolio today has room to grow. There is a lot going on in new jersey. We are bullish. We like that business. With our enhanced branch network, Geographic Market capabilities, we are looking to grow. Were in one of the greatest market in new jersey. All the transit locations. We are seeing a real boom. Lets step away for a minute. Multifamily. We are seeing a resurgence in singlefamily homes. There is nothing like multifamily. It is on fire. It is being billed built everywhere. You would think the town bird is the crane. You see it everywhere. Could you apply the same kind of strategy to other demographic markets. Are these trends similar . There is a trend across the country where people want to live in more urban areas where there is mass transit. The days of taking your car out to the countryside is over. It may be changing. We are seeing that across the country. All largeing in metropolitan areas. What does that mean for connect one . Is great. We are located directly across the river from one of the largest metro areas in the country. It is one of the deepest markets in the country. I am very excited about our capabilities. Now that you know how to do ,hese kinds of deals quickly any chance well we will see more deals . I would never say no. Connect one has been known for its organic growth. That is our greatest value. We are building the company organically. However, when we get our idea, over the last few days, having a seat at the table, in a country where there is a lot of mergers and acquisitions taking place, increasing regulation, people wanting a return on capital i think we are going to see more. We are very well positioned today. We have a competency in doing this. We will take Market Opportunities as we can. Thank you for spending time with us. He is the chief executive of connect one. Lets move from an expanding bank to an expanding automobile business. Imagine im online world in which you can buy your car dealer free. Inspections, title transfers, all is handled for you. Your car can be delivered. Marketplace,ine beepi. Joining me now is aly raisman. Ally resnick. When iything started moved to massachusetts. I got a car for my family. Like so many people, it turned out to be a lemon. I got the money back. I thought there has to be a better way. Of thatto say that out situation, the company was born. Now you have a chance to execute. Ella of the cases you had to put together. We had to inspect every car. Getting are buyers are is not a lemon. We inspect every car before delivery. There are 185 points in this inspection. We stand behind every car we deliver. Online, we deliver the car to your home. A comes with a 10 day money back guarantee. You can drive a car for 10 days, take it to work, take it on vacation come city you like the car. It, we will like come and take it back. Finally, every car comes with a warranty. It is up to seven years of complete warranty. We stand behind every car we sell. How you maintain all the capital necessary to keep the business going . That is a good question. The way we do it is we dont have lots. We have crowd sourced lots. You get to keep your car and drive it until the day we sell it. We go to the seller, we picked the car up, and deliver it. We dont take possession of the car until we sell it. Dealve you been able to with the reaction from the Dealership Network . They cant be very happy. I dont think they are happy. Is going onat elsewhere, the consumer has spoken. That is what we are doing. We are bringing the experience to the car market. Haveone deserves to Something Like it. You buy the car online, without negotiation, with the comfort of having it delivered to your house. That includes a warranty. That is what we think consumers demand now. That is what we are doing. , andnsumers demanding this you say you want to offer that tesla like experience. What about for investors . You have investors looking for returns . That is correct. We are lucky to have support. We have a number of people supporting us. We are out there to make sure they get their money back. How do you make money . Charge a nine Percent Commission from the seller. When we sell the car, we take a nine Percent Commission. Because of the way the math works, sellers get more than they would get from a dealer. Sometimes they get more. Everybody wins. I want to thank you, gentlemen. The chief executive and cofounder of beepi. At one ofke a look new yorks largest lobster distributors. She is one of the top competitive leaders on the circuit. That is all next on taking stock. This is taking stock on bloomberg. Im pimm fox. Over 150 million hot dogs will be consumed this july 4 weekend. Maybe you are looking for Something Different . You ever sit down for a meal and wonder where did all the lobsters on your plate come from . My next guest probably had something to do with it. The largest distributor. They send lobster to over 300 new york city restaurants. Joining me are the cofounders. Great to have you here. Lets start off with you. Give us an update on how the business is going. The business is going great. We are about to start shipping across the entire country. Shipping across the entire country . That is good enough to have jordan, at 2 00 . Give us an idea of what your typical day has been mike prior to going into the shipping business. Do they still have you behind the wheel of a Truck Driving back and forth to maine . We cut back on that and take more of the local stop. Tell us about demand. We got emailed everywhere from south africa to california. The demand is everywhere and now were implementing the final stages and will be ready to go come tomorrow. Where do you get the lobsters . They all come from maine. Up and down the coast from as far north as stonington to south. All over the entire state. The quality of the lobster. Give us an idea of the seasonality and the catch. It is definitely seasonal. The quality changes. In order to grow they have to get rid of the outside shell and then they are soft. They are harder to ship. You have to know how deep the waters are, how far north they are coming from and what you can shift and what you need to send out locally. We have spent a lot of time talking about the increase in prices for protein and beef. What has happened to the price of lobster . Lobster goes up before the holiday. Then we will see a shift. There will be softshell lobsters that are cheaper and hard hard shell that are more expensive. You talk about the shipping side of the business. Did you have to partner with anyone to make this happen . The labor we pretty much already had set in place. We partnered with a friend of ours to make the logistics. We partnered with a good friend of ours and are ready to go. This will allow people anywhere in the United States to order your product and have it shipped . Fedex and ups. Anywhere that fedex and ups ships. Are there specific kinds more in demand . The best is a hardshell lobster. The harder the shell, the more the easier it is for the lobster to withstand the traveling. What about the cost of all of this . Everyone pays for the shipping before it goes out. If youve easier having the money come in first rather than sitting on receivables. It will actually help the business grow. What do you think you will do this year in terms of sales . Considering there is no soccer game on right now, we should get good orders for tomorrow. The Holiday Season right now . July 4 is more burgers and hotdogs holiday, but we are trying to get lobster out there. Do you have a favorite recipe for lost or . I like to put it on the grill. I like to have other people cook it for me. Well done. I want to thank you very much. They are the cofounders of the company. She is known as the black widow among competitive eaters. History iny to make this fridays coney island hot dog eating this is taking stock on bloomberg. Im pimm fox. Just two days away from the july 4 holiday it happens to be the day of the nathans hot dog eating contest. Sonya thomas known as the black widow in the competitive eating contest. She has built a career for competitive eating holding many World Records and titles. Thank you very much for being with me. Lets start off by talking about competitive eating. How did you ever get involved in the whole world of eating as us sport . Everybody eat, but i have a special skill. I have a big appetite. I can eat a lot of food. And then competitive eating, i did not know they had competitive eating since before 2003. I was watching tv. I was watching an eating competition. I thought it interesting. Maybe i going to try out. When you say try out, did that mean you had to go into some kind of training or this, or was it unnatural ability . Natural ability to need a lot of food. Then the hot dog eating competition is they have a qualified round. You have to win to be at coney island. I had to go to a place to a qualified round. I ate 18 hotdogs that time back in 2003. 18 . 12 minutes . Yes. 12 years ago. You have obviously been able to improve on that . Improve a lot. Four times. So in this weeks july 4 so in this weeks july 4 nathans hot dog eating contest, how many hotdogs do you are ready knowhow many left to eat in order to win the title . Actually i have not practiced since last year. I know i can be ready physically to eat over 40. It is easy. But mentally, i have been fighting myself. I will be 47 years old this year. I will try to eat my age, 47. Youre going to try to be 47 . My ultimate goal is 50 hot dogs in 10 minutes. That is my goal. I know it is going to be difficult, and i am going to try. This is obviously not your entire business. You have another fulltime job, but is this something that you youre still see as being a moneymaker . Actually this is a hobby, a making money hobby. I have a fulltime job as a Fast Food Restaurant manager. Andrews air force base. Serving the troops. I love my job. I like my hobby. I can make extra money. Then i enjoy it. It is so much fun. I notice when we said the black widow, you are specifically interested, at least right now, you want to be the female the alltime champion not just the female champion . Before we are always competing with men. Nathans hot dog eating competition is only one. Other competitions i have to compete with the men. So you have to kill them to win. I have to say, best of luck to you. I want to thank you very much, sonya thomas, also known as the black widow of competitive eating. Good night. Turning ideas into action. The Clinton Global Initiative to attract some of the worlds best people. The goal find solutions that promote economic recovery in the United States. On a bloomberg tv special. This years meeting in denver, colorado. We sit down with bill clinton. Moneyshould look at this as a onetime stimulus. Zillow cofounder, robert