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VNBAQ @ .012! Ask .029, VERY THIN!
;)
.O2zZz HITTING!!!!!!!(hold tight)
.OO18zZz*nice>>>i just got 3000sumtin more@.OO17 then someone jumped in front of me!!!!
*schweeeeeetttttt!!!!
$~u still asleep?LOL!!!
i'm bidding .OO18 and nothing!!!!!!NO FILLS!!!!!!!
I am not sure. I am not in so I didn't do DD. As far as I know it has to do with the debt ratio. I do know, when a company files for bankruptcy, its stock and bondholders essentially get in line. The first investors to be repaid are secured debt holders, then senior bond investors, followed by subordinated debt holders. Preferred shareholders are next, and lastly, holders of common stock.In a bankruptcy, preferred shares are usually worthless, much like shares of common stock. Unless it is a mega company like GM and I do not know if they got anything.
naw fu~preferedz get some kinda payout as creditors...no?
yes, but it is on under 7 thousand bucks of volume. I can't play when this could just die. GLTY, maybe with more volume.
====>.O9ZZZUP!!!>shares are thinnnnnnn as fvck here!!!!~u seeing this man?!!!!
.OO22x.O997 now!!!!
AHzZz b/a per ayeturd====>.OO1 x 1.25 LOL!!!!!teehehehee
.OO19 x .O19 NOWWWW!!!~u r scared?ROTFFFFF!!!!!HA!!!!!
nooooo all iz bad nuz here chieffffyyyyyyy HAHAHAHAHAAHAAAA!!!!
>>>luv u guys!!!!LOL!!!!
MIGHT BE! wE SHALL c
we have the next WAMU type play here imho~even wayo lower tho!!!!HAAAAA!!!!HT!!!!
Gl 2 ya Wheeel and deal
mms r short here lol
AO~~~don't mess wid IHfam>>>.0018 get in my belly lol
*fyi*i'm making market@0017~i'm telling you get outta town lol
.O19zzz falling here fishyyyyyy fishyyyyyyy
move alonggg kid~nuffin going on round here lol
All right Whats going to happen Im in
.OO15x.O195===>SMACK THE ASK!!!!!*watch~don't buy!!!*
what is going to happen ?
watch what happens here!!!!!!!:))))))))))))))))))))))))))))))))))))
u already know!
i got one of those to. Credit unions rock!!
i did, lol well at last peppers tomatoes and cabbage!! Next year more, oh yeah don't forget the HERBS!!!!
plant a garden lol
*fwiw*~>imo banks are schemerzzz====>get wit a credit union if you bee smart!!!
kinda saw that coming towards the and. Tons of banks still failing, unemployment rising, and inflation on the way. Feels like a recovery to me.......NOT!!
heard on the radio they got FDICizzled>>>shhhheeeeejjjjjjjjjzzzzzzzz
YES i saw the lights are on!!!!!!!!!!!!!!!!!!!==========>ask 15CENTS???????*tia!*
ask per Aturd =.60
someone here gave an example of a similar bank that went under and the pref shares went from the single digits up to .80 cents or so. Does anyone know the bank so that I can look into it. Thanks.
paint it_GREEN_fer mi k?======>YOU CAN DO IT!!!!!!
smack the ask!
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Company's Investor Relations Information | Goto Investor Relations Information |
Company's Online News Releases | Goto News Releases |
Online Company Profile | Goto Online Profile |
Company's Online Government Filings Links |
Company's SEC EDGAR Filings | Goto SEC Filings |
Company's Email Address Links |
Email Address | shareholderinfo@vineyardbank.com |
Email Request Form on Website | Goto Email Form |
Address and Phone Numbers |
Address: 1260 Corona Pointe Court, Corona, Ca 92879 | |
Main Phone Number | 951-893-2979 |
Fax Number | Not Available |
Investor Relations Ms. Terra Newcomer Hagel | 951-271-4232 |
Toll Free Phone Number | 888-484-6392 |
CEO - Norman Morales | CFO - Gordon Fong |
VXC-D or VXC.PR.D
CORONA, CA--(Marketwire - June 27, 2007) - Vineyard National Bancorp (NASDAQ: VNBC) ("the company") announced today the closing, on June 26, 2007, of the offering of 2,300,000 shares of the company's 7.50% Series D Noncumulative Preferred Stock, with a $10.00 liquidation preference per share. The dividend on each Series D preferred share will accrue at a fixed rate of 7.50% per annum. If declared by the board of directors, dividends will be payable quarterly on the Series D preferred shares, commencing on September 15, 2007, on a noncumulative basis. The Series D preferred shares may be redeemed for cash at their $10.00 liquidation preference, in whole or in part, at any time on or after June 25, 2012. The Series D preferred shares are not convertible into or exchangeable for any other property or securities of the company.
About Vineyard National Bancorp
The Company is a $2.5 billion financial holding company headquartered in Corona and the parent company of Vineyard, 1031 Exchange Advantage Inc., and 1031 Funding & Reverse Corp (collectively, "the exchange companies"). Vineyard, also headquartered in Corona, operates through 16 full-service banking centers and three regional financial centers in the counties of Los Angeles, Marin, Orange, Riverside, San Bernardino, San Diego, Santa Clara and Ventura, CA. The exchange companies are headquartered in Encinitas, CA. The Company's common stock is traded on the NASDAQ Global Market System under the symbol "VNBC." For additional information on the Company visit www.vnbcstock.com or for additional information on Vineyard and to access internet banking, please visit www.vineyardbank.com. For additional information on the exchange companies visit www.1031exchangeadvantage.com.
ABOUT VXC-D or VXC.PR.D -
CORONA, CA--(Marketwire - June 27, 2007) - Vineyard National Bancorp (NASDAQ: VNBC) ("the company") announced today the closing, on June 26, 2007, of the offering of 2,300,000 shares of the company's 7.50% Series D Noncumulative Preferred Stock, with a $10.00 liquidation preference per share. The dividend on each Series D preferred share will accrue at a fixed rate of 7.50% per annum. If declared by the board of directors, dividends will be payable quarterly on the Series D preferred shares, commencing on September 15, 2007, on a noncumulative basis. The Series D preferred shares may be redeemed for cash at their $10.00 liquidation preference, in whole or in part, at any time on or after June 25, 2012. The Series D preferred shares are not convertible into or exchangeable for any other property or securities of the company.
The net proceeds of the offering are estimated to be approximately $22 million. The company has applied to list the Series D Preferred Stock on the American Stock Exchange under the symbol "VXC.prD." The company expects the Series D preferred shares to begin trading on the American Stock Exchange within 30 days. RBC Capital Markets acted as the sole underwriter for the offering.
"We intend to use the net proceeds from the sale of the Series D preferred shares for working capital and for general corporate purposes," said Norman Morales, president and chief executive officer. "We felt this offering of preferred stock was the most efficient way to raise tier 1 capital, given the current market conditions relative to the company's common stock valuation and the requisite coupon rate for the preferred. We believe that, with this capital offering now complete, and together with the capital formation rate of the company, the company's capital ratios will accrete to its targeted levels by the end of this operating year."
About Vineyard National Bancorp
The company is a $2.4 billion financial holding company headquartered in Corona, Calif., and the parent company of Vineyard Bank, N.A. ("Vineyard"), also headquartered in Corona. Vineyard operates through 16 full-service banking centers and five corporate production offices in the counties of Los Angeles, Marin, Monterey, Orange, Riverside, San Bernardino, San Diego, Santa Clara and Ventura, Calif. The company's common stock is traded on the NASDAQ Global Market System under the symbol "VNBC." For additional information on the company visit www.vnbcstock.com or for additional information on Vineyard and to access internet banking, please visit www.vineyardbank.com.
Check out the VNBC board by clicking http://investorshub.advfn.com/boards/board.aspx?board_id=12316
VOLUME LOVERS: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34258272
08/31/07 | 11,400 | 10.25 | 9.75 | 10.00 | 9.94 |
09/28/07 | 22,200 | 10.05 | 8.40 | 9.94 | 9.75 |
10/31/07 | 15,700 | 9.70 | 9.06 | 9.60 | 9.70 |
11/30/07 | 62,215 | 9.70 | 5.46 | 9.70 | 7.55 |
12/31/07 | 172,500 | 9.04 | 6.48 | 7.65 | 7.75 |
01/31/08 | 37,000 | 8.20 | 7.45 | 7.80 | 8.00 |
02/29/08 | 35,200 | 8.15 | 7.61 | 8.00 | 7.90 |
03/31/08 | 29,700 | 10.00 | 7.26 | 7.70 | 7.40 |
04/30/08 | 153,966 | 7.75 | 3.50 | 7.50 | 3.87 |
06/30/08 | 95,150 | 3.40 | 1.40 | 1.50 | 3.30 |
07/31/08 | 103,775 | 3.60 | 1.15 | 3.60 | 1.25 |
08/29/08 | 189,525 | 1.30 | 0.10 | 1.30 | 0.25 |
09/30/08 | 61,632 | 1.10 | 0.20 | 0.30 | 0.59 |
10/31/08 | 60,500 | 0.63 | 0.25 | 0.59 | 0.25 |
PROSPECTUS: CLICK HERE http://www.sec.gov/Archives/edgar/data/840256/000095012407003381/v31126fe424b2.htm
http://www.marketwatch.com/quotes/vxcprd?dist=mktwqn
The amount which the holders of outstanding Series D preferred shares will be entitled to receive in the event of our liquidation, dissolution or winding up, whether voluntary or not, after payment or provision for payment of our debts and other liabilities, out of our assets available for distribution to stockholders, before any distribution of assets is made to the holders of the common stock or any Junior Stock as to distributions, will be $10.00 per share plus dividends declared and unpaid, to the date fixed for liquidation, dissolution or winding up, before any amount is paid or distributed among the holders of common stock or other Junior Stock.
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