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Morgan Group Holding Co (MGHL)

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Last Post: 9/21/2016 4:31:51 PM - Followers: 11 - Board type: Free - Posts Today: 0
10Q filed 11/13/2006:
Outstanding 3,055,345

ITEM 3. CONTROLS AND PROCEDURES

As a result of the Bankruptcy, Morgan's corporate, financial and accounting
staff has been substantially reduced, thereby impairing the ability of Morgan to
maintain internal controls and adequate disclosure controls and procedures. On
November 12, 2002, Morgan filed a Form 15 with the Securities and Exchange
Commission to terminate its registration under Section 12(g) of the Exchange
Act. Given the current status of Morgan, neither the chief executive officer nor
the chief financial officer of Holding has been able to evaluate the
effectiveness of the disclosure controls and procedures of Morgan.

LIQUIDITY AND CAPITAL RESOURCES

As of September 30, 2006, the Company's only assets consisted of $420,000 in
cash and an unrecognized asset relating to a tax loss carry forward, primarily
capital, of about $4 million.


OVERVIEW

On October 18, 2002, Morgan adopted the liquidation basis of accounting and
accordingly, Morgan's assets and liabilities have been adjusted to estimate net
realizable value. As the carrying value of Morgan's liabilities exceeded the
fair value of its assets, the liabilities were reduced to equal the estimated
net realizable value of the assets.

The Company currently has no operating businesses and will seek acquisitions as
part of its strategic alternatives.
Its only costs are the administrative
expenses required to make the regulatory filings needed to maintain its public
status. These costs are estimated at $10,000 to $20,000 per year.

Two SC13G/A's filed on 02/09/2007

SOLE VOTING POWER:
Walter P. Carucci - 82,500 (includes the 15,000 shares owned by Uncle Mills Partners)
Uncle Mills Partners - 15,000
Bernard Zimmerman & Company, Inc. - 87,500

SOLE VOTING POWER:
Walter P. Carucci - 109,613 (includes the 15,000 shares owned by Uncle Mills Partners)
Uncle Mills Partners - 15,000
Bernard Zimmerman & Company, Inc. - 114,600


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MGHL News: Quarterly Report (10-q) 11/02/2016 09:47:02 AM
MGHL News: Quarterly Report (10-q) 07/29/2016 11:03:42 AM
PostSubject
#184   Some buying the last two days?! Axel 09/21/16 04:31:51 PM
#183   looking at his linkedin again, a new endorsement db7 07/22/16 09:51:00 AM
#182   ot: saw Gabelli on cnbc this morning.. kept db7 06/28/16 01:56:22 PM
#181   Evan's linkedin updated.. no longer has a description db7 06/28/16 01:54:51 PM
#180   morgangroupholdingco.com updated yesterday per my google search... db7 06/22/16 10:08:48 AM
#179   just brought up Evan's linkedin again and I db7 06/21/16 04:30:00 PM
#178   in regards to my last unreadable post: db7 02/22/16 04:37:48 PM
#177   Ok had time to compare to year ago db7 02/20/16 11:11:54 AM
#176   REALLY odd 'to me' that that never exercised db7 02/19/16 05:32:29 PM
#175   10k out.. IMO, things are starting to get db7 02/19/16 05:28:32 PM
#174   hopefully ;) db7 01/22/16 09:41:02 AM
#173   Woohooo Axel 01/22/16 09:37:08 AM
#172   hmmmm.. might finally be game time! :) db7 01/22/16 09:36:04 AM
#171   Evans linked in bio.. I think I recall db7 01/11/16 02:53:15 PM
#170   ot: not sure if it's related at all db7 12/21/15 03:55:00 PM
#169   looking at his linked in again.. i see db7 12/16/15 11:26:32 AM
#168   getting closer to that December 21st... db7 12/03/15 09:34:18 AM
#167   update... shortly after the bid was getting hit db7 11/24/15 04:09:02 PM
#166   hmmm, maybe that was just an impatient seller?? db7 11/24/15 02:42:06 PM
#165   only thing on my mind is if this db7 11/18/15 11:41:31 AM
#164   looking at Jonathan's linkedin* again... 'I think' the db7 11/18/15 11:36:23 AM
#163   looks like webpage has been changed... nothing material db7 11/17/15 12:49:00 PM
#162   looks like there is a seller here today... db7 11/17/15 12:26:32 PM
#161   yes, that too........ thought crossed my mind as db7 08/19/15 03:32:52 PM
#160   Or extend the expiration date. TallTrader 08/19/15 03:31:36 PM
#159   hmmmmmmmmm will they exercise said options or let db7 08/19/15 11:36:29 AM
#158   Not really, but you never know. TallTrader 07/24/15 11:21:28 AM
#157   think the early Q means anything? glancing db7 07/24/15 09:55:07 AM
#156   Q out. Early(?) db7 07/24/15 08:27:36 AM
#155   Yeah, would have been the dream scenario :) levelnever 05/28/15 12:34:37 AM
#154   Gabelli files 10-12b.. no go on our 'hoping' db7 05/27/15 01:11:05 PM
#153   yeah saw that too... this is key to db7 05/07/15 01:36:46 PM
#152   I think you actually may be right on levelnever 05/07/15 01:34:12 PM
#151   'could be' imo, that if a related entity db7 05/07/15 01:27:26 PM
#150   excerpt: " This Charter Amendment gives the Company greater flexibility db7 05/07/15 01:06:32 PM
#149   10Q, hmmm 'crunchtime?' .. see bold by me: db7 05/07/15 01:04:45 PM
#148   I don't doubt we end up $1+ ... db7 04/24/15 02:55:08 PM
#147   Yeah, don't see anything in their history that levelnever 04/24/15 02:16:53 PM
#146   not going to happen guys imo.. they spun db7 04/23/15 05:30:59 PM
#145   huh... Part of me reads all this as db7 04/23/15 05:16:11 PM
#144   Could see that, especially in case where interested levelnever 04/23/15 03:09:46 PM
#143   hmmm.. never thought of the past since it's db7 04/23/15 03:03:19 PM
#142   I definitely would like to see that happen! TallTrader 04/23/15 02:58:40 PM
#141   correction on my prior post: db7 04/23/15 02:48:18 PM
#140   LOL, just for fun is always fun... we levelnever 04/23/15 02:31:21 PM
#139   ot: just for fun db7 04/23/15 02:24:09 PM
#138   ot: http://www.businesswire.com/news/home/20150410005903/en/GAMCO%C2%A0Announces db7 04/23/15 02:21:36 PM
#137   ot: http://blogs.barrons.com/focusonfunds/2015/04/13/gabellis-gamco-investors-to db7 04/23/15 02:20:40 PM
#136   ot: http://www.bloomberg.com/news/videos/2015-04-13/gamco-to-split-into-separate db7 04/23/15 02:19:52 PM
#135   'that' would be INSANE.... never know........... db7 04/23/15 01:55:28 PM
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