SPDR Advertisement SureTrader Stock Hero Advertisement SPDR Advertisement
Home > Boards > US OTC > Delisted >

Titan Energy Worldwide, Inc.(fka TEWI)

RSS Feed
Add Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator nanook153
Search This Board:
Last Post: 1/7/2015 3:44:04 PM - Followers: 60 - Board type: Free - Posts Today: 0
 
 
 

                                                                        


 

Market Information :

DELISTED

Latest News:
01/02/2015

Pioneer Power Solutions, Inc. Completes the Acquisition of Titan Energy Worldwide, Inc.


  •  

FORT LEE, N.J., Jan. 2, 2015 /PRNewswire/ -- On December 31, 2014, Pioneer Power Solutions, Inc. (PPSI) ("Pioneer" or the "Company") completed the purchase of 100% of the preferred stock of Titan Energy Worldwide, Inc.  (TEWI) ("Titan") from 24 individual stockholders, and a short-form merger between Titan and a wholly-owned subsidiary of Pioneer. As a result of the merger, each outstanding share of Titan common stock was cancelled and converted into the right to receive $0.0007 per share of Titan common stock.  Furthermore, as a result of the merger, Titan ceased to be a public reporting company and its common stock will no longer be quoted for trading.

Prior to the completion of the transactions above, on December 2, 2014, Pioneer announced its intention to acquire all the outstanding stock of Titan that it did not already own through a series of privately-negotiated transactions and the merger. In addition, at the time, Pioneer announced its intention to purchase all of Titan's convertible and non-convertible notes, and warrants accompanying such notes, from existing holders. As of December 31, 2014, Pioneer had purchased $2.8 million of original principal amount of such notes from 23 individual holders, representing 95% percent of Titan's convertible and non-convertible notes outstanding.

Titan stockholders of record as of December 31, 2014 may receive the merger consideration by completing a letter of transmittal that will be mailed to them by  a paying agent that has been appointed by Pioneer. Stockholders of record may seek additional information by calling the paying agent at the phone number listed in the shareholder materials that will be sent to each shareholder.



 

  
 

 
 
 
PostSubject
#1490   LOL Traderfan 01/07/15 03:44:03 PM
#1489   Should we have these letters by now, or Dopey103 01/07/15 11:47:04 AM
#1488   Pioneer Power Solutions, Inc. Completes the Acquisition of nanook153 01/02/15 09:58:57 AM
#1487   +>>>TEWI: News Out - Pioneer Power Solutions, Inc. Chrion Capital 01/02/15 09:22:16 AM
#1486   LMAO DELISTED LMAO PDTRADER 01/01/15 04:48:13 PM
#1484   Where is trader53 sticky with the .005 target? Lmfao!!!! TheInvincibleBull 01/01/15 07:27:48 AM
#1483   this was acquired for .0007 a share just gh0st 12/31/14 05:09:15 PM
#1482   TEWI: Acquisition / merger / amalgamation. Finra deleted symbol: Renee 12/31/14 04:55:32 PM
#1481   anyone in this is the luckiest person alive gh0st 12/31/14 04:11:25 PM
#1480   TEWI merge out filing on nvsos... PROPHETABLE 12/31/14 02:02:08 PM
#1479   Bottom is in guys....this stock is cheap!!! MastaMike 12/31/14 12:10:23 AM
#1478   Read the filings that came out this month MastaMike 12/30/14 11:28:33 PM
#1477   TEWI .0005 x .0006 and thin $treet Trader 12/30/14 11:56:42 AM
#1476   in TEWI .0005 52wl $treet Trader 12/30/14 11:54:40 AM
#1475   Well..if the number is .0007 per share (which NOBO 12/30/14 10:48:59 AM
#1474   someone is buying still........... pitacorp 12/29/14 10:07:05 AM
#1473   OH TEWI IS DONE..CAPUT...LMAO..I SEE NOW...UMMM...DANGER ...DANGER PDTRADER 12/27/14 04:19:41 PM
#1472   TEWI STAY AWAY PDTRADER 12/27/14 04:10:21 PM
#1471   PIONEER POWER SOLUTIONS, INC officially owns 10% of PDTRADER 12/27/14 04:00:09 PM
#1470   No, but they do own 10% of O/S sweet PDTRADER 12/27/14 03:59:18 PM
#1469   not so tired this morning.. i went into Magnusson 12/27/14 12:54:22 PM
#1468   If any, it is all explained in the TheInvincibleBull 12/27/14 05:49:24 AM
#1467   post the linkable info.. or am i going Magnusson 12/26/14 10:36:30 PM
#1466   Sorry for the delayed response. I've been RockstarStocks 12/26/14 08:22:52 PM
#1465   Yup--sure were NOBO 12/26/14 02:22:12 PM
#1464   well, 13 mill were dished out today to pitacorp 12/26/14 02:21:30 PM
#1463   Nothing much showing at all... NOBO 12/26/14 02:18:18 PM
#1462   what a game, tried to buy a mill, pitacorp 12/26/14 02:16:12 PM
#1461   It's a Friday I load before it rips Rick026 12/26/14 01:56:16 PM
#1460   Looks like 1.2 Bil issued after converted to NOBO 12/26/14 01:50:40 PM
#1459   Yup--trip zeroes is a good place to roll NOBO 12/26/14 01:42:31 PM
#1458   same here,...if the new owners are letting our pitacorp 12/26/14 01:41:01 PM
#1457   All I see is the statement of derivative/ NOBO 12/26/14 01:33:25 PM
#1456   of the new company?? or just .007 per pitacorp 12/26/14 01:11:02 PM
#1455   Others watching ;-) NOBO 12/26/14 01:00:16 PM
#1454   Crazy low floater even a $1000 bring this Rick026 12/26/14 12:35:17 PM
#1453   First target .005! Rick026 12/26/14 12:14:57 PM
#1452   Market Value1...........$35,654 a/o Dec 19, 2014 Authorized Shares Rick026 12/26/14 12:13:52 PM
#1451   Headline News / Targets 0.005 / 0.01 / 0.02 Rick026 12/26/14 12:13:36 PM
#1450   Tewi will blow your mind low floater!! Rick026 12/26/14 12:12:46 PM
#1449   Get in while you can!! Rick026 12/26/14 12:12:32 PM
#1448   Basically $100 will move us to .002s! Rick026 12/26/14 12:12:19 PM
#1447   Slap the ask! Rick026 12/26/14 12:11:58 PM
#1446   Thin all the way up! Rick026 12/26/14 12:11:45 PM
#1445   Great entry point Rick026 12/26/14 12:11:32 PM
#1444   Is it too much to ask can we Rick026 12/26/14 12:09:37 PM
#1443   I'm down $1100 Rick026 12/26/14 11:49:43 AM
#1442   I bought at .002-.0019 915k shares Rick026 12/26/14 11:49:29 AM
#1441   I'm completely out. In at 17,18,19 sold for RockstarStocks 12/26/14 11:47:38 AM
#1440   Or is it just me here? Rick026 12/26/14 11:45:33 AM
PostSubject