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Verso Paper Corp. (fka VRSZQ)

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Last Post: 7/15/2016 10:55:28 AM - Followers: 20 - Board type: Free - Posts Today: 0



 Verso Paper Corp.
6775 Lenox Center Court, Suite 400
Memphis, Tennessee 38115-4436
(901) 369-4100


 

Verso Paper Corp. is a leading North American supplier of coated papers to catalog and magazine publishers.  The coating process adds a smooth uniform layer in the paper, which results in superior color and print definition.  As a result, coated paper is used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as high-end advertising brochures, annual reports, and direct mail advertising.
 
Verso is one of North America's largest producers of coated groundwood paper, which is used primarily for catalogs and magazines.  It is also a low cost producer of coated freesheet paper, which is used primarily for annual reports, brochures, and magazine covers.  It also produces and sells market kraft pulp, which is used to manufacture printing and writing paper grades and tissue products.
 
Verso operates 9 paper machines at four mills located in Maine, Michigan, and Minnesota.  The mills have a combined annual production capacity of 1,505,000 tons of coated and supercalendered paper, 165,000 tons of ultra-lightweight specialty and uncoated papers, and 930,000 tons of kraft pulp.
 
Products are sold and marketed to approximately 125 customers which comprise approximately 700 end-user accounts.  The company has long-standing relationships with many leading magazine and catalog publishers, commercial printers, specialty retail merchandisers, and paper merchants.  Relationships with its ten largest coated paper customers average more than 20 years.  Verso products reach end-users through several distribution channels, including direct sales, commercial printers, paper merchants, and brokers.



Security Details: 
Authorized Shares 250,000,000 a/o Sep 22, 2015 
Outstanding Shares 81,837,254 a/o Sep 22, 2015 
Float 44,984,330 a/o Sep 22, 2015 




Assets and Resources 
8 Mills in 6 states 
5400 employees (still hiring) 

3.5 billion in annual sales 

1.4 bil NewPage Acquisition
 

Verso Corporation Reports Third Quarter 2015 Results

PR Newswire

MEMPHIS, Tenn., Nov. 16, 2015

MEMPHIS, Tenn., Nov. 16, 2015 /PRNewswire/ -- Verso Corporation (OTCQB: VRSZ) today reported financial results for the third quarter of 2015.  Results for the quarters ended September 30, 2015 and 2014 include:

  • Net sales of $782 million in the third quarter of 2015 compared to $350 million in the third quarter of 2014.
    Operating income before special items of $23 million in the third quarter of 2015 compared to $16 million in the third quarter of 2014.
    Adjusted EBITDA of $84 million in the third quarter of 2015, compared to $41 million in the third quarter of 2014. 
http://www.otcmarkets.com/stock/VRSZ/news/Verso-Corporation-Reports-Third-Quarter-2015-Results?id=119201&b=y
 

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PostSubject
#1271   Any new shares must have a new CUSIP. Renee 07/15/16 10:55:28 AM
#1270   VRSZQ~yes. these shares are under the VRSZQ ticker Stanner 07/15/16 10:51:20 AM
#1269   No shares traded after 10:21:56 Eastern Standard Time. Renee 07/15/16 10:48:06 AM
#1268   VRSZQ~so are these the new shares trading_?_Doesn't quite Stanner 07/15/16 10:34:46 AM
#1267   VRSZQ: Bankruptcy PLAN effective. All shares cancelled at 10:21:56. Renee 07/15/16 10:27:49 AM
#1266   Verso out of bankruptcy and not going to Johnnie2504 07/15/16 09:55:04 AM
#1265   VRSZQ~so much for my two cents worth_another_volume window Stanner 07/13/16 11:55:18 AM
#1264   VRSZQ~Isreal,I'm a mod here at VRSZQ.I am no Stanner 07/11/16 10:46:48 PM
#1263   VRSZQ~well one could interpret some 'wiggle' of hope.$3 Stanner 06/28/16 11:32:16 PM
#1262   Someone still buying here.. Smh B0tt0M WaTcH3R 06/27/16 07:31:20 PM
#1261   VRSZQ~'Equity Securities to be Authorized, Issued and Reserved Stanner 06/25/16 01:06:10 AM
#1260   VRSZQ~fair is fair here_VRSZQ_is a speculation BK' play_!$$$!_ Stanner 06/24/16 06:15:31 AM
#1259   HUGE! $595 million in financing! MonstaGains 06/23/16 01:12:34 PM
#1258   Say goodbye to your shares. Equity is the willlbone 06/23/16 01:07:00 PM
#1257   Agreed. There is nothing stating that commons are BCNstocks 06/23/16 01:06:34 PM
#1256   I must be the only one thinking this Trades Mcgrady 06/23/16 12:52:58 PM
#1255   This article is from April 2016 and cannot BCNstocks 06/23/16 12:05:15 PM
#1254   It will. Nice, large buys were hitting in BCNstocks 06/23/16 11:59:17 AM
#1253   I think the quote about commons being cancelled The Rainmaker 06/23/16 11:58:36 AM
#1252   Should be seeing more volume ... MADDSTACKER 06/23/16 11:56:46 AM
#1251   I checked. It does NOT state that commons BCNstocks 06/23/16 11:53:19 AM
#1250   Doesn't say that ... Shit I don't know MADDSTACKER 06/23/16 11:49:37 AM
#1249   Commons cancelled? The Rainmaker 06/23/16 11:46:59 AM
#1248   VRSZQ REORGANIZATION CONFIRMED MADDSTACKER 06/23/16 11:43:03 AM
#1247   Verso gets court approval to reject contract with Johnnie2504 05/27/16 03:11:00 PM
#1246   so when they wipe out common shares I skizimus 05/16/16 10:23:01 AM
#1245   VRSZQ~DJ Paper Maker Verso to Poll Creditors on Stanner 05/09/16 01:31:16 PM
#1244   VRSZQ~On Monday, a bankruptcy judge is scheduled to Stanner 05/06/16 03:35:00 PM
#1243   no it does not look good at all. skizimus 05/05/16 02:02:11 PM
#1242   I just read that Verso plans on getting Johnnie2504 05/04/16 02:48:37 PM
#1241   VRSZQ, reversing, going to Multi-pennyland soon. Very thin!!! gm99 05/04/16 01:42:58 PM
#1240   VRSZQ~well its not taxes.could be a signal of Stanner 05/04/16 01:04:00 PM
#1239   Right.. Maybe they just released those shares Johnnie2504 05/04/16 12:54:26 PM
#1238   VRSZQ~And how come now_&_How come all together_&_had to Stanner 05/04/16 11:06:37 AM
#1237   Right... Thats odd.. Johnnie2504 05/04/16 10:54:20 AM
#1236   VRSZQ-Brass sure didn't own very many shares. Stanner 05/04/16 10:32:43 AM
#1235   Brass sold shares? Should we sell ours??? Johnnie2504 05/04/16 09:50:39 AM
#1234   VRSZQ-Form 4s'-Brass sold their shares. Stanner 05/04/16 05:47:15 AM
#1233   Yeah, I saw that. Doesn't look good. There nathanial 04/28/16 06:33:14 PM
#1232   Quote from that article. Plan still has to CerealManStocks 04/28/16 04:49:11 PM
#1231   More news today on ETRade. nathanial 04/28/16 01:14:56 PM
#1230   Seems that we have had a streak of nathanial 04/28/16 08:52:25 AM
#1229   wow thanks! skizimus 04/27/16 03:58:35 PM
#1228   That would be amazing! nathanial 04/27/16 03:28:12 PM
#1227   http://www.commercialappeal.com/business/public-corporations/Verso-could-emerge- C-Money365 04/27/16 02:12:09 PM
#1226   Surprised this is actually holding up above .01. CerealManStocks 04/26/16 05:38:01 PM
#1225   Pretty good. nathanial 04/26/16 03:19:41 PM
#1224   more news late yesterday. skizimus 04/26/16 03:17:52 PM
#1223   10K is out: nathanial 04/14/16 05:42:58 PM
#1222   Sort of got killed here yesterday. Can't believe nathanial 04/14/16 07:02:22 AM
PostSubject