Troy Lowrie, the Chairman and CEO of Colorado men’s club operator VCG Holding Corp., seems to be in the works to make yet another bid to buy the company after the first try was a failed attempt. The non-binding offer which has been made by a Lowrie affiliate, Family Dog LLC and Lowrie Management LLLP is looking to buy up all the VCG outstanding stock for $2.10 a share.

Currently Lowrie Management LLLP owns about 25% of outstanding VCG shares but this non binding contract allows them even more.

In November Lowrie was attempting to purchase at the same share price but VCG’s board said the the offer was “inadequate”. The climate for VCG was a bit more then $2.00 a share but has since fell to as low as $1.65 a share.

At the time of Lowries’ attempt to buy an oustanding amount of shares VCG stock was trading generally at over $2 a share. The stock last closed over $2 in April, and Wednesday it closed at $1.65, although it was trading much higher Thursday morning on news of Lowrie’s offer.

We’re sure there will be something interesting coming out of this offer. VCG owns 19

The latest offer is subject to approval by the VCG board and a majority of shareholders.