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Last Post: 8/4/2016 2:08:07 PM - Followers: 8 - Board type: Free - Posts Today: 0



Commodore Confirms Tulip Computers' Intention to Acquire All of Commodore's Outstanding Shares

BAARN, The Netherlands, Sep 26, 2007 (BUSINESS WIRE) -- Commodore International Corporation (CIC) (OTC:CDRL) today confirmed Tulip Computers' intention to acquire all of the outstanding common shares of CIC. Tulip Computers is traded on the Euronext Amsterdam stock market. The offer is based on a price of approx. US$ 1.- per share outstanding.
The share price offered by Tulip Computers is an indication, based on the synergies between Tulip and Commodore' complementary market propositions, and on their respective market positions and strategy.

CIC will allow Tulip Computers to inspect its books, and is continuing the discussion on a non-exclusive basis.

CIC is positively considering the offer and will present it to its shareholders during its Annual shareholders Meeting scheduled for the end of October 2007.

According to Ben van Wijhe, CEO & President, "this offer serves well the strategic interests of both CIC and Tulip Computers through integration of the two businesses, while at the same time safeguarding the continuation of CIC's independent pursuit of its strategic goals". According to Ben van Wijhe, "the offer is also taking into consideration the IPO route already stipulated by CIC for the coming months."

About Commodore

Commodore International Corporation (OTC:CDRL) is a designer, creator and full-service provider of digital media products, content and services. The company sells a complete line of portable digital media products under the Commodore brand, and provides legal media downloads and streams which enables consumers to wirelessly access a wide catalogue of content straight from their own device.

SOURCE: Commodore International Corporation




CONTACT: Commodore International Corporation
Europe (Operational Offices)
Florence de Leeuw-Wong
Senior Communications Manager
Tel: +31 (0)35 528 81 50
Fax: +31 (0)35 528 81 51
corporate@commodorecorp.com
www.commodorecorp.com


Copyright Business Wire 2007

-0-

KEYWORD: Netherlands
Europe
INDUSTRY KEYWORD: Technology
Consumer Electronics
Hardware
Other Technology
SUBJECT CODE: Merger/Acquisition
Product/Service










Commodore International Corp. is a designer, creator and full-service provider of digital media products, content and services. It sells a complete line of portable digital media products under the Commodore brand, and provides legal music and media downloads. In addition, the company has developed several innovative media applications such as the Commodore MediaBox and the Commodore MediaTower.

Hermesweg 15
GP Baarn 3741
Netherlands

http://www.commodorecorp.com/corporate/default.aspx

http://www.commodore-gravel.com/gravel/Homepage.aspx

http://www.commodoreworld.com/world/home.aspx


Phone: +31 (0)35 528 81 50
Fax: +31 (0)35 528 81 51

Estimated Market Cap
19,920,000 as of Sep 25, 2007
Outstanding Shares
66,400,000 as of Mar 1, 2007
Authorized Shares
150,000,000 as of May 7, 2007

Transfer Agent
Corporate Stock Transfer, Inc.,
3200 Cherry Creek Drive South
Suite 430
Denver, CO 80209


Commodore Enters the Communications Market Through a Strategic Agreement With TSS Cross Media Group
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=cdrl


-------------------------------------------------

Commodore to Investigate the Financial Results of Phillar Beheer B.V.
Wednesday January 30, 9:11 am ET


BAARN, The Netherlands--(BUSINESS WIRE)--Commodore International Corporation (OTC:CDRL - News) has announced today that as a result of new information that has raised serious doubts about the financial results as disclosed by its subsidiary Phillar Beheer B.V. (“Phillar”) and its own subsidiaries, Commodore has taken steps to intervene in Phillar’s operations. It is currently further looking into the financial and contracts administration of Phillar to validate and secure Phillar’s business.

Commodore further announced that as a result of this new information it has suspended Phillar’s Director from all duties and has appointed a new Director.

The information obtained by Commodore so far from Phillar shows serious inconsistencies in the financial reports and other information. Following validation and conclusion of these findings Commodore will disclose more details to its shareholders. As a result of these findings Commodore may have to substantially adjust its consolidated financials for FY2007.

About Commodore

Commodore International Corporation (OTC: CDRL.PK - News) is a designer, creator and full-service provider of digital media products, content and services. The company sells a complete line of portable digital media products under the Commodore brand, and provides legal media downloads and streams which enables consumers to wirelessly access a wide catalogue of content straight from their own device.



Contact:
Commodore International Corporation
Rob Okhuijsen, +31 (0)626216773
PR and Communications
R.Okhuijsen@m-o.nl




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#54   This will be one of those ones that $hellKing 08/04/16 02:08:07 PM
#53   Any shareholder have a chance shoot an email $hellKing 08/04/16 12:58:12 PM
#52   Ha I rem him from a long time $hellKing 08/04/16 12:52:11 PM
#51   you see the last couple of days? [SMART MONEY] 08/02/16 04:51:30 PM
#50   RonnieD [SMART MONEY] 08/02/16 04:50:43 PM
#49   1m on bid at .0015.....hummmm. Keeping this ktcougar 08/02/16 01:39:36 PM
#48   Look at the lawyer listed on SOS. $hellKing 08/01/16 11:29:06 AM
#47   There we go whack it down peeps :-d etcetera 06/09/16 03:34:50 PM
#46   Yup, same adress! adijas 06/09/16 12:15:16 PM
#45   Wtf current movies in production include actors tom etcetera 06/09/16 12:12:25 PM
#44   Same adress as Lotus entertainment http://lotusentertainment.com/ adijas 06/09/16 11:49:37 AM
#43   www.spencerfane.com/paul-j-hanley etcetera 06/09/16 11:40:46 AM
#42   .10 is where chart shows hwllo 06/09/16 11:30:33 AM
#41   Reinstated and was commodore international corp can run huge etcetera 06/09/16 11:04:17 AM
#40   0 volume so far today LT777 01/07/15 10:32:21 AM
#39   not going to disagree. you're right. redlepper 01/06/15 09:49:28 PM
#38   this "name change" has been in the works LT777 01/06/15 07:13:08 PM
#37   name change = coming seems like redlepper 12/02/14 12:54:47 PM
#36   Commodore Brand Owner Gets $1M For Infringement ARTIST 05/21/14 12:25:38 PM
#35   CDRL .03 not much of a retreat Mark SuperC 07/16/13 08:15:02 PM
#34   CDRL, .03 volume continues today, ACTIVE on CO Mark 07/16/13 06:49:51 PM
#33   Huge DD.nice vol probably outside IHUb.dutch? ash111 07/16/13 04:33:08 AM
#32   Nice move here, did you happen to uncover Mark 07/15/13 07:35:38 PM
#31   somebody loading bigly here ash111 07/15/13 02:34:41 PM
#30   CDRL that's a good chunk SuperC 07/15/13 02:33:46 PM
#29   SOMEBODY BOUGHT 150K AT .0299 ash111 07/15/13 02:30:22 PM
#28   nice to see HDOG,and very nice to see ash111 07/15/13 01:56:31 PM
#27   CDRL WOW JUST SAW THAT .0299 ash111 07/15/13 01:55:18 PM
#26   CDRL boom..... HDOGTX 07/15/13 01:30:49 PM
#25   CDRL .04up SuperC 07/15/13 01:30:21 PM
#24   CDRL .02's SuperC 07/15/13 01:25:38 PM
#23   CDRL .02 up now :) SuperC 07/15/13 01:20:47 PM
#22   CDRL .015 SuperC 07/15/13 01:18:53 PM
#21   CDRL .012/.013 1milly ASK SuperC 07/15/13 01:15:33 PM
#20   CDRL .0133up SuperC 07/15/13 01:14:02 PM
#19   CDRL .01's going now SuperC 07/15/13 01:13:53 PM
#18   CDRL nice waking HDOGTX, where have u been ash111 07/10/13 02:51:56 PM
#17   CDRL .004 and from past disparate volume http://www.profitspi.com/stock/view.as SuperC 07/10/13 02:14:04 PM
#16   everyone's bankrupt and dissolved.... Pan 06/28/13 10:00:28 PM
#15   Digging here, last news piece mentions HDOGTX 06/26/13 02:54:46 PM
#14   . A_1daytrader 10/27/12 08:18:53 PM
#13   Commodore to Investigate the Financial Results of Phillar RonnieD 02/04/08 03:31:18 PM
#12   And what was the outcome of the board Orangeman3 11/25/07 10:26:51 AM
#11   i still like this going into the board meeting. RonnieD 10/13/07 09:29:31 PM
#10   No l wont do that. As a matter Orangeman3 09/27/07 09:53:31 AM
#9   Tulip trades on the Euronext for 7.50 Euro. RonnieD 09/27/07 09:49:47 AM
#8   Investors know that these takeovers and buyouts really Orangeman3 09/27/07 09:42:18 AM
#7   Sometimes it takes a few days to sink Happycoins 09/27/07 09:38:38 AM
#6   wow they announce a 1.00 buyout after hours RonnieD 09/27/07 09:36:26 AM
#5   WTG Ronnie your on a hot streak! Happycoins 09/27/07 07:59:31 AM
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