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Last Post: 12/2/2016 12:44:47 PM - Followers: 26 - Board type: Free - Posts Today: 0

 

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From 06/2016, BOOOM! Ezenia! Inc. Closes Transaction With Windjammer; Announces Renewals of Certain IWS Contracts $EZEN  
The only place you will find this news is on their website.... 
http://www.ezenia.com 


Posted on June 16, 2016 by Wkeith  
June 16, 2016 – Ezenia! Inc. (“Ezenia” or the “Company”) today announced that a newly formed subsidiary, Windjammer Holdings, Inc. (“WJ Holdings”), has purchased from Windjammer Communications Holdings LLC and BenMark Investments LLC 100% of the equity interests in Windjammer Communications LLC (“Windjammer Communications”) as well as certain cash on hand in exchange for preferred shares in the aggregate amount of approximately $636,000 issued by WJ Holdings and 19.5% of its common stock.  

The proceeds of the transaction were primarily used to pay transaction related expenses and to repay all but approximately $234,000 of the Company’s outstanding indebtedness under its senior secured term loan. The Company emerged from bankruptcy in July 2015 with approximately $2 million of outstanding indebtedness under this facility. Following the transaction, the Company has approximately $120,000 in cash on its balance sheet net of accrued expenses.  

Windjammer Communications is a telecommunications company which receives revenue from its ownership of a cable television system located in Virginia. In 2014 and 2015, the gross amount of revenue received by Windjammer Communications from this system was approximately $360,000 per year. The Company intends to use this revenue going forward to service its remaining debt and fund the Company’s operating expenses while it continues to explore additional strategic transactions.  

In addition to the consummation of the Windjammer transaction, the Company also today announced the renewal of certain of the InfoWork Space (“IWS”) contracts with the Air Force held by its subsidiary, Talarc Technologies LLC. A contract in the amount of $67,550 per year was renewed and paid in March. Another in the amount of $23,950 per year is currently in the renewal process and anticipated to be collected within the next few months. The Company also received payment on a third contract in the amount of $134,846 this month.  

The Company is in the process of finalizing its audited financial statements for the fiscal year ended December 31, 2015. Once complete, the Company intends to post the annual financial statements on its website for shareholders.  



About Ezenia! Inc.  

Ezenia! Inc. operates through its subsidiaries, Talarc Technologies LLC and Windjammer Holdings, Inc. Ezenia! Inc. common stock is not listed, traded or quoted on any U.S. stock exchange but is quoted on the OTC Pink Market under the symbol EZEN. 

Check this out! $EZEN FINANCIALS! 16 MILLION SHARE OS.... 
http://www.ezenia.com/wp-content/uploads/2016/11/2015-Ezenia-Inc_Audited-Financials.pdf 
12. SUBSEQUENT EVENTS 
Management of the Company has reviewed subsequent events through October 13, 2016, the date the financial statements were available to be issued. No matter requiring recognition or disclosure were noted, except for: 
In June 2016, Windjammer Holdings Inc., (Holdings) a newly formed Ezenia! Inc. subsidiary has purchased 100% equity interests in Windjammer Communications, LLC (Communcations) in exchange for 4,924 shares of preferred shares and 5,850 shares of common stock of holdings. Assets of Communication were principally $1.6 million in cash. 
In June, July and August 2016, The Company paid principal payments of $1,462,188, $33,070 and $34,666, respectively against its note payable.


 
jet101 Member Level  Tuesday, 11/22/16 11:23:03 AM
Re: articstorm  post# 164  
Post #  of 169     
According to their audited 2015 they just filed I would say no, but I have emailed them anyway to ask. 
 
Quote:
Pursuant to the plan of reorganization, the Company entered into a Registration Rights Agreement on July 15, 2015 which requires the Company to use commercially reasonable efforts to effect such registration to permit the sale of warrants, in accordance with the intended method or methods of disposition and to be done as expeditiously as possible. As part of the plan, existing shares and shareholders were unaffected.
 
lukin4winners Member Level  Tuesday, 11/22/16 11:54:48 AM
Re: fuego10  post# 172  
Post #  of 179     
Thanks confirmed that just now. Got a call back from Cecilia at EZEN. The share structure remains the same AS 40M OS 16M. They paid down debt to around $200k from around $1M she said on a note. I asked if it was a convertible she said NO. They are in the process of looking for revenue producing alliances with new companies. She also said it takes a long time to become fully reporting as we've noticed from other BK stocks. Lots of details and filings to submit.
jet101 Member Level  Tuesday, 11/22/16 01:07:49 PM
Re: lukin4winners  post# 176  
Post #  of 188     
I also just got a reply back from my question about the shares. 

My question: 
Thank you for taking the time to answer my question can you please answer one more. I would like to know if the shares stayed intact as part of the reorganization or are did they get canceled. Again thank you for your time. 

Ezenia answer: 
You are very welcome. The shares have remained intact. No new stock was issued at reorganization.  

Also, are you aware that we just released the 2015 audited financials? You can take a look at them on our website, if you are interested and if you haven’t already, at www.ezenia.com. 

Best, 

Cecilia Moreno 
Chief Financial Officer 

Ezenia! Inc. Issues Audited Financial Statements

Posted on November 18, 2016 by Wkeith

SALEM, N.H., November 18, 2016 /PRNewswire/ — Ezenia! Inc. (“Ezenia” or the “Company”) today announced that it has issued its audited financial statements for the fiscal year ended December 31, 2015.  The audited financial statements have been posted on the Company’s website at Ezenia.com and can be viewed by clicking on the “Financial Information” tab.

The Company intends to announce the date and relevant information for the annual meeting of its stockholders shortly.

About Ezenia! Inc.

Ezenia! Inc. operates through its subsidiaries, Talarc Technologies LLC and Windjammer Holdings, Inc.  Ezenia! Inc. common stock is not listed, traded or quoted on any U.S. stock exchange but is quoted on the OTC Pink Market under the symbol EZENQ.

Contact: Cecilia Moreno 1-603-589-7600 x804 cmoreno@ezenia.com

 
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#163  Sticky Note From 06/2016, BOOOM! Ezenia! Inc. Closes Transaction With fuego10 11/22/16 10:54:25 AM
#226   "Snookered" again I see ... :-( molee 12/02/16 12:44:47 PM
#225   Ezenia! Inc. Announces Date for 2016 Annual Meeting molee 12/02/16 10:07:08 AM
#224   News , I guess ... molee 12/01/16 10:51:01 AM
#223   So , that was that I guess , molee 12/01/16 09:55:51 AM
#222   Agreed, and an 8k would do us wonders! djran99 11/25/16 01:18:40 PM
#221   Like the .10s looking very good. lukin4winners 11/25/16 12:52:02 PM
#220   10 s are up. Next week esi23 11/25/16 12:07:51 PM
#219   Let's go! djran99 11/25/16 12:04:30 PM
#218   Looking good here should get some new eyes esi23 11/25/16 11:46:55 AM
#217   CSTI/NITE @.35 any ask pressure moves us easily lukin4winners 11/25/16 08:31:21 AM
#216   Not a lot of resistance on L2 when lukin4winners 11/23/16 03:37:24 PM
#215   We just need that volume. Hopefully next week djran99 11/23/16 03:24:50 PM
#214   :) djran99 11/23/16 03:23:57 PM
#213   If they release an 8k, I can retire ???? djran99 11/23/16 03:23:39 PM
#212   With ETRF @.15 CSTI @ .35 there is lukin4winners 11/23/16 03:21:18 PM
#211   EZEN looks primed for some big moves soon RavenDusk1 11/23/16 02:59:46 PM
#210   EZEN looks primed for some big moves soon RavenDusk1 11/23/16 02:59:45 PM
#209   Yeah that's what I believe T day sell lukin4winners 11/23/16 10:45:16 AM
#208   luk, only getting started here, damn Turkey Day lolol fuego10 11/23/16 10:36:00 AM
#207   EZEN L2 nite @.13 aexg high bid @.40 lukin4winners 11/23/16 09:59:53 AM
#206   $EZEN IS BACK! SCREW THE Q! LOLOL fuego10 11/22/16 04:38:28 PM
#205   Check the I-Box above for some new $EZEN info! fuego10 11/22/16 04:36:58 PM
#204   Yea an 8k sure would light this up DJPennyTrader 11/22/16 04:27:47 PM
#203   SRV, Annual meeting date coming......from the pr on fuego10 11/22/16 03:45:36 PM
#202   Also notice who the agent of record is.....yes jet101 11/22/16 03:41:38 PM
#201   allez, awesome dd, guess after tomorrow i have fuego10 11/22/16 03:35:10 PM
#200   Subsidiary : https://www.sos.nh.gov/corporate/soskb/Corp.asp?1265191[/ allezlOM 11/22/16 03:18:33 PM
#199   Thanks! Would really like to see an 8k SRV1975 11/22/16 03:08:41 PM
#198   "Our customers, including the U.S. intelligence community, the allezlOM 11/22/16 03:08:27 PM
#197   "Our license renewal rate remains high through the allezlOM 11/22/16 03:07:27 PM
#196   EZEN very new Q dropped delayed reaction will lukin4winners 11/22/16 02:35:11 PM
#195   E-ZEN..doing my ZEN exercise......ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ swampboots 11/22/16 02:20:22 PM
#194   SRV, niceeee! glad ur here, all signs look fuego10 11/22/16 02:20:02 PM
#193   Awesome! Grabbed some! SRV1975 11/22/16 02:01:01 PM
#192   baba, did some Infoworkspace dd, i'll be adding. fuego10 11/22/16 01:59:56 PM
#191   Wait until you find all the DD on bababooyah 11/22/16 01:30:03 PM
#190   nice jet101, putting that in the I-Box. thanks fuego10 11/22/16 01:15:05 PM
#189   Yep nice confirmation from the company. Same lukin4winners 11/22/16 01:14:52 PM
#188   Sorry not behind us but in front of allezlOM 11/22/16 01:11:17 PM
#187   Everything confirmed, good job Board!Ride is behind us. allezlOM 11/22/16 01:10:20 PM
#186   I also just got a reply back from jet101 11/22/16 01:07:49 PM
#185   Sounds good early Thanksgiving coming EZEN. lukin4winners 11/22/16 12:56:21 PM
#184   Watching L2, it's coming. $EZEN fuego10 11/22/16 12:26:33 PM
#183   MM AEXG eating shares on the bid, getting fuego10 11/22/16 12:25:35 PM
#182   Took them over a year to remove the Brooksda 11/22/16 12:22:48 PM
#181   $EZEN Turn "n" Burn Coming! Check the i-Box fuego10 11/22/16 12:16:43 PM
#180   From the website: June 2016 lukin4winners 11/22/16 12:11:38 PM
#179   alley, thats awesome. she will fly. fuego10 11/22/16 12:01:48 PM
#178   Same share structure since many years(more than 5 allezlOM 11/22/16 11:59:15 AM
#177   Company confirms, 40 mil AS, 16 mil OS. fuego10 11/22/16 11:58:12 AM
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