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Thanks you but a little late response, dont you think so ? LOL
My worthless Azur shares are still in my account. You can call me superhero.
SECURITY DELETIONS
Dl Date Symbol Company Name Effective Date/Comments
2/19/2008 AZRI Azur International, Inc. Common Stock 2/20/2008 12(j) Registration Revoked by SEC **
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=AZRI&OTCBB=ALL
Seems Azur International has been delisted without any notice to the shareholders.
Cannot find AZRI.PK anymore on Yahoo.com ! Are there any news ?
Did anybody try to reach Azur Holdings CEO ? Is they company dead finally ? Somebody still invested here ?
Checkout those pages :
http://www.azur-int.com/
http://www.azurholdings.com/
We're in the process of updating the website.
Please check back soon.
Sure.
Since January 30th i am waiting for an answer from Steven Craney!
Since August 2nd i am waiting for an answer from Adam Walker!
I asked several questions regarding 'Letter To Shareholders' and refinancing with help of Nexxus Capital One.
NO ANSWERS UNTIL NOW ! AND NOW NO WEB-CONTENT EVEN ON THEIR HOMEPAGES!
Is the company still existing or bankrupt already ?
Does anybody know anything about the economic situation ?
Is anybody able to call somebody at Azur Holdings ?
I spoke with Adam Walker there but he didnt give me any answer on my emails. Be sure i am always friendly.
Rgds,
stockrush
this looks interesting puttin on watch
Azur International, Inc. is an international real estate development company based in Fort Lauderdale, Florida. The company currently develops and markets luxury residential and resort properties. Azur has several real estate projects under development and consideration, including the development of luxury hotels and resorts, domestically and internationally, and land purchases in strategic areas that can provide inventory for future development or sale. For additional information about Azur International, Inc., go to www.Azur-Int.com.
FT. LAUDERDALE, FL -- (MARKET WIRE) -- 01/10/07 -- Azur International, Inc. (PINKSHEETS: AZRI), a luxury residential and resort development company, announced today that Azur Holdings, Inc., a majority owned subsidiary, has announced the results of a new MAI appraisal on the Shell Landing Development Property and other related parcels. In October of 2006, Shell Landing received unanimous votes from the city council members of the City of Gautier approving the re-zoning of certain parcels from single-family development to Planned Unit Development. A Planned Unit Development zoning for these parcels increased the property's density by over 2,000 units. Through a combination of these re-zoned parcels and an increase in property values, which are illustrated below, the new appraisal valued this property at $31,185,000. A previous appraisal valued the property at $19,170,000. This is an increase of over 60% from the previous appraised value.
In addition, Azur Shell Landing Resort, Inc. has an option to purchase an additional tract of land. This property is valued at $11,600,000, pursuant to this new appraisal.
Parcel Previous Current
Description Appraised Value Appraised Value
--------------- ---------------
221 Existing & Proposed
Residential Estate Lots $ 10,280,000 $ 10,810,000
330 +/- acres $ 2,500,000 $ 8,100,000
14.29 +/- ac. Condo Site $ 1,700,000 $ 1,800,000
18.08 +/- ac. Condo Site $ 2,000,000 $ 2,600,000
20.00 +/- ac. Apartment Site $ 800,000 $ 1,500,000
2.10 +/- ac. Townhome Site $ 300,000
25.37 +/- ac. Townhome Site $ 3,100,000
10.91 +/- ac. Commercial Land $ 390,000 $ 545,000
60.86 +/- ac. Commercial Land $ 1,500,000 $ 2,430,000
398 acres (option tract) *$ 10,000,000 $ 11,600,000
Total New Appraised Value (with
option tract) $ 42,785,000
*Option Purchase Price
As a result, the combination of all the property parcels creates a new appraised value at $42,785,000.
About Shell Landing Development
Azur Shell Landing Resort Development is a master planned golf course community on approximately 1,400 acres. The Shell Landing golf course is a Davis Love III Signature design and has received numerous accolades. www.ShellLanding.com
November 18, 2005, there were 70,888,536 Outstanding
633 SE 3rd Avenue
Suite 203
Ft. Lauderdale, FL 33301
http://www.azur-int.com
Phone: (954) 763-1515
Fax: (954) 763-1516
Transfer Agent
Standard Registrar and Transfer Co., Inc.,
12528 South 1840 E.
Draper, UT 84020
AZUR HOLDINGS, INC. Financials
EDGAR Online Financials (Thu 9:05am)
http://finance.yahoo.com/q/is?s=azhie.ob
'AZHI' is no longer valid. It has changed to AZHIE
When you run into a stock ticker symbol with five letters, there\'s usually a story behind the company. If, for example, a stock ticker symbol has an "E" at the end of its name is considered by the Securities and Exchange Commission to be delinquent in filing key regulatory documents. A "Q" tells a more troubling story -- it\'s the scarlet letter that tells investors a company is in bankruptcy proceedings.
http://www.brianoc.com/wall_street.htm
yea i guess patience is what were all being taught here with some of these small cap companies, but as i have learned is that usually patience pays off, and hopefully everything works out the way there planning and we come out strong
That refinancing is still in process is somehow positive, but i would like to read an official press release about successful closing of refinancing and paying the debts soon hopefully.
Today was another bad day for AZRI under higher volume of 263.000 shares. Closing at 0.04 , daily low was at 0.032 even !
But value of shares was only at approx. 11.000$.
Still no answer from Steven Craney or CEO on my emails since many weeks. Stock is hitting new bottoms.
Hope there will be a press release soon and hopefully a positive one !
Good luck to all ! We still have to be patient !
stockrush :)
just to give you an update is that im hearing the financing is in the works, just the closing date im not for sure, I know im waiting as are alot of others, I have noticed that the mm are trying to force the price down to probably create some selling. The few that know about the company and that it is a valued company, should know tha when this financing comes through things should really value the company at a much stronger price han where its sitting rt now.
just hearing that the company has been working on there financing and that it maybe closed soon, not sure in the time fram but i just heard that it may be getting closer.
What is the source of your information ?
What is really disappointing that i didnt get any response on my email from IR Steven Craney or CEO since many weeks.
Even reminder mail didnt give me any answer.
No trading activities since 26th. Also no reply since i wrote the email to Azur many weeks ago. Usually they reply within few hours.
I simply to not check Azur stocks anymore. We have to be patient and wait for news. Last news showed me that refinancing is being made with Nexxus One Capital in order to be ready for the outstanding debts and to go ahead with proceedings regarding the dividend.
Good luck to all from Germany !
stockrush
Did you receive an email by the company ?
just hearing that the company has been working on there financing and that it maybe closed soon, not sure in the time fram but i just heard that it may be getting closer.
Where did you hear this ?
They don´t reply to my emails since january
Every person trades within their comfort range. Like everyone else, I prefer to buy it today and get rich by selling tomorrow. There is a time when a person has to do their homework and stick with a good one. This is that time, under normal circumstances, I would have sold off and moved on. AZRI has too much going for it. The person that makes the most is the one that gets it the lowest. Like now :0)
It is going to happen, we just don't know when. As long as people are watching, when the rise starts, they will join in. The one's who are here now, will get the best deals! I may even sell a few of mine to the rest when it starts going up.
Good luck, I appreciate all the updates you provide us with.
Yeah something's going on. It sounds as if things are in preparations with Nexxus One Capital. In germany some investors have no patience anymore due to missing strategy to inform themselves properly before buying stocks. So it happens that i have to listen to offending words. Same persons never informed about Azur before.
I can wait COZ big things need time ! But regarding Azri/Azhi it could be that we will go back in line as soon all finance issues are cleared up.
As Rob-Sander says,take a look at shell-landing properties and how many appartments are sold until now. This company is not a sick company.
http://www.shelllanding.com/realestate/homesforsale.asp
Thanks for the updates stockrush. Looks like it may be a good time to get some cheapies before the financing. I've noticed a few other stocks that I have been in doing the exact same thing. Then before you know it, the company secures financing for shares at the previous three days average. Totally undervalued but that is how the high risk financing works I'm afraid. azri will rebound eventually I'm sure.
AZHI.OB > SEC Filings for AZHI.OB > Form 8-K on 21-Feb-2007 All Recent SEC Filings
Show all filings for AZUR HOLDINGS, INC. | Request a Trial to NEW EDGAR Online Pro
Form 8-K for AZUR HOLDINGS, INC.
21-Feb-2007
Creation of a Direct Financial Obligation or an Obligation under an Off-Balan
Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement
On January 25, 2007 and February 16, 2007 Azur Holdings, Inc. (the "Company") filed Current Reports on Form 8-K with the Securities and Exchange Commission regarding triggering events that could accelerate a direct financial obligation. Both of such Current Reports stated that the occurrence of the events of default reported on could constitute an Event of Default under a loan from Textron Financial Corporation ("Textron") to the Company's subsidiary, The Grand Shell Landing, Inc. ("Grand Shell"), which would permit Textron to elect to declare all outstanding indebtedness of Grand Shell to Textron immediately due and payable. As of February 15, 2007 such indebtedness amounted to approximately $6,636,067.
On February 19, 2007 counsel for Grand Shell received notification from counsel for Textron that a Substitute Trustee's Notice of Sale had been posted in the Jackson County Courthouse in Pascagoula, Mississippi regarding a foreclosure on a Deed of Trust covering certain property in Gautier, Mississippi owned by Grand Shell known as Shell Landing (the "Notice"). The Notice stated that a default had been made in the performance of the terms and conditions of a promissory note and the Deed of Trust and that the entire indebtedness represented thereby had been declared due and payable. The Notice did not specify the default referred to in the Notice. The transmittal letter from Textron's counsel stated that counsel intended to file suit against the guarantors of the loan. The Company is a guarantor of the loan.
The Company is negotiating with several new lenders to refinance all debt of Azur Shell Landing Resort Inc., as well as the Grand Shell Landing Golf Course. The Company is also working diligently to consummate the previously announced Nexxus Capital financing transaction, which could provide the Company with sufficient capital to satisfy the Company's obligations to Textron as well as all other lenders.
The Company intends to seek a preliminary and permanent injunction against the foreclosure against the Shell Landing property based upon a Mississippi law enacted after Hurricane Katrina which prohibits certain foreclosures post-Katrina.
AZHI.OB > SEC Filings for AZHI.OB > Form 8-K on 16-Feb-2007 All Recent SEC Filings
Show all filings for AZUR HOLDINGS, INC. | Request a Trial to NEW EDGAR Online Pro
Form 8-K for AZUR HOLDINGS, INC.
16-Feb-2007
Creation of a Direct Financial Obligation or an Obligation under an Off-Balan
Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement
On January 25, 2007 Azur Holdings, Inc. (the "Company") filed a Current Report on Form 8-K with the Securities and Exchange Commission regarding a triggering event that could accelerate a direct financial obligation.
On February 14, 2007 the Company received a Notice of Default (the "Notice") from Rockmore Investment Master Fund Ltd. ("Rockmore"), one of six holders of the Company's 14% Convertible Senior Subordinated Note due November 2008 in the aggregate original principal amount of $6,000,000 (the "Notes"). As of the date hereof the aggregate unpaid interest, late fees and principal on all of the Notes was approximately $6,689,420.
The Notice asserted that the Company's failure to make timely payments of monthly interest and principal payments along with the expiration of a previously agreed upon Forbearance Period set forth in a Forbearance Agreement, dated December 11, 2006 between the Company and Rockmore constitute an Event of Default under the Company's Note to Rockmore dated November 2, 2005. In the Notice Rockmore demanded the immediate payment of the outstanding principal amount of the Note to Rockmore, in addition to all accrued but unpaid interest thereon.
The foregoing matters may be deemed to be events of default under agreements with respect to several of the Companies long-term obligations, including the following:
An Event of Default under a Deed of Trust, Security Agreement and Fixture Filing dated as of November 17, 2004 from Grand Shell to Textron Financial Corporation ("Textron"), which would permit Textron to elect to declare all outstanding indebtedness of Grand Shell to Textron immediately due and payable. As of February 15, 2007 such indebtedness amounted to approximately $6,636,067.
In accordance with the Company's Promissory Note to Olympic Coast Investments, the occurrence of a default or an event of default under other material agreements to which the Company or any of its subsidiaries is a party, also constitutes an Event of Default, entitling the holder of the Note to declare all outstanding obligations under the Note immediately due and payable. As of February 15, 2007, the aggregate principal and accrued interest under the Note amounted to approximately $6,457,919.
In accordance with the Company's Co-Ownership Agreement with an Owner who holds a tenants-in-common ownership interest with the Company in the Azur Shell Landing Property in Gautier, Mississippi, the occurrence of a default or an event of default under other material agreements, which affects, encumbers or binds the Azur Shell Landing Property, also constitutes an Event of Default under the Co-Ownership Agreement, entitling the Owner to reclaim the Company's ownership interest in the Property.
The Company is negotiating with several new lenders to refinance all debt of Azur Shell Landing Resort Inc., as well as the Grand Shell Landing Golf Course. The Company is also working diligently to consummate the previously announced Nexxus Capital financing transaction, which could provide the Company with sufficient capital to satisfy the Company's obligations to Rockmore as well as all other lenders.
Thanks. That pretty much sums it up.
Hi Rob-sander, do you have a link for the nexus website? I browsed a bit and couldn't come up with it. Thanks.
I think also.
If there where problems with Nexxus they did not show AZHI on top of their website.
Relax and let it flow
i know the mm want to keep hitting this down, probaly shorting off the inventory ppl have, as with other companies how does it look if these big companies have nothing better unless to short these small pink sheet companies. Its about time for it all to a close
to my understanding there still finishing up the financing, just the exact amount is the question
AZHI is on Top at Nexxus Website.
They wouldn´t be there, when the deal was canceled.
to my understanding there should be alot of good things in the works, the mm are just putting themselves in a position they really dont want to be in. you know sometimes you would just like to see these firms let these lil companies succeed
Still no answer yet from Steven Craney. However i decided to grab more AZRI's today at 0.05$. :)
yea that sounds about rt
They did not announce the divi by filing until today. They only announced it in 2 letters to the shareholders.
The problem was, that they have to wait for the refinancing, because the divis are new issued for the deal of the shell landing project and have to be released with the sec.
These shares are 99,8 % of all outstanding shares of azhi. They will announce the completition of the refinancing first and give the divi after the ok with the sec.
This will take 30-60 days.
I expect the record day and the payday for march/april
im not even sure if they ever noted a specific date
When did you need to be a shareholder by to get the divy?
To my understanding is that the dividend is being based on contingent on the refinancing the mentioned there in the process of doing. Im looking to 4-6weeks out on everything to be complete.
Read all this important info :
http://biz.yahoo.com/iw/061108/0181867.html
Press Release Source: Azur International, Inc.
Letter to Shareholders
Wednesday November 8, 11:12 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--Nov 8, 2006 -- Azur International, Inc. (Other OTC:AZRI.PK - News) is a luxury residential, hotel and resort development company.
ADVERTISEMENT
The following is written as an update to a shareholder letter dated February 22, 2006 regarding the proposed Azur International, Inc. distribution of Azur Holdings, Inc. ("AZHI" or "Azur Holdings") shares.
As set out in the last paragraph of the letter dated February 22, it is the intention of Azur International's board of directors to declare a dividend and distribute the AZHI shares to Azur International shareholders after the SEC clears the SB-2 Registration Statement discussed below relating to such distribution.
The SEC requires that the AZHI shares that Azur International intends to distribute be registered before they are issued to shareholders. A registration statement for this purpose was filed in March 2006. The registration process typically can take many months. The occurrence of material events relating to a company during the review process for its registration statement can cause significant delays in the process. In our case the delay in clearing the registration statement up to this point has been as follows:
1) The SB-2 Registration filing made in March 2006 only included Azur Holdings, Inc. (New Harvest Capital, Inc) audited financials for the year ended April 30, 2005. When the filing was made the financials only reflected the Company as a shell without assets or liabilities and did not reflect the assets acquired from Azur International (Azur Shell Landing Resort & Golf Club). SEC rules required that Azur Holdings, Inc. year-end April 30, 2006 audited financials reflecting the assets be included in the registration statement before further review of the registration statement would be undertaken. Azur Holdings' year-end audited financials were filed with the SEC on August 14, 2006.
2) After filing the year-end financials, AZHI entered into negotiations regarding possible material transactions that would substantially affect AZHI's business. Our securities counsel advised us to delay filing an amendment to our registration statement until we knew if some or all of the transactions we contemplated would come to fruition since the SEC would likely want to see how these transactions would affect Azur Holdings' financial statements and business plans. We recently determined not to proceed in the immediate future on any of these transactions.
However, Azur Holdings has now begun the process of a refinancing and restructuring of the debt and equity of Shell Landing Resort. We have signed a commitment letter with Nexxus One Capital Trust of Switzerland A.G. Details on the terms of the commitment can be found in the most recent press release by Azur Holdings, Inc., and a Current Report on Form 8-K that has been filed with the SEC. This transaction is expected to be completed in approximately eight weeks.
In conclusion, Azur Holdings has received comments from the SEC in regards to our original filing of the SB-2 Registration Statement in March 2006, and we are preparing an amendment that addresses the comments as well as discusses the refinancing of Shell Landing and other business developments. Azur Holdings cannot give assurances regarding the length of the SEC review period after the amendment has been filed, but hopes to become effective within 60-90 days following the filing of the amendment.
About Azur International, Inc.
Azur International, Inc. is an international real estate development company based in Fort Lauderdale, Florida. The company currently develops and markets luxury residential and resort properties. Azur has several real estate projects under development and consideration, including the development of luxury hotels and resorts, domestically and internationally, and land purchases in strategic areas that can provide inventory for future development or sale. For additional information about Azur International, Inc., go to www.Azur-Int.com.
The Private Securities Litigation Reform Act of 1995 may provide a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of Azur Holdings, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.
Contact:
Contact:
Azur International, Inc.
633 S.E. 3rd Ave., Suite 203
Ft. Lauderdale, FL 33301
(954) 763-1515
http://www.Azur-Int.com
Oh SWEED Lord, buy buy buy and i am gonna praise ya !
Buy low, sell high and we are in heaven !
Do you know what the effective date for the divy is, when you had to be a shareholder by? thanks
im told the dividend going to be a 3-1, so for every three shares you have you'll get 1 of the azhi, i thinking thats why the mm are hitting the stock down so they dont have to cover so much of there short
what are the details for the divy? When did you have to be a shareholder by? thanks
thanks..and now I understand why some people were saying February for the dividend, as that is 60-90 days from the ammendment...regardless of the fundamentals, which say that the current PPS is undervalued...the stock should form a new channel, with a bottom of 5 cents; furthermore, with news, its at least a 120%+ gain...seems like a good trade..divi would just be icing..delicious icing
Since i am in ahurry i can provide you with that important link as of November 2006 : http://biz.yahoo.com/iw/061108/0181867.html
Shell Landing Ressort has been outsourced from Azur International to subsidiary Azur Holdings.
Announced divident enables you to get 1 AZHI share for every 3rd AZRI share.
Stockperformance is miserable for both AZHI as well AZRi shares.
However they were sent down under low volume.
Some say it is due to Marketmakers actions which keeps them down.
Hope to get more facts soon over IR Steven Craney !
Can you clarify/summarize the relationship between AZHI and AZRI? reading through the 10-K's, but a bit unclear...
Great decision ! Also nice picture !
This pictures is represneting strength and patience !
Thats what we need to get rich with Azur International /Holdings.
Imo, if AZRI could secure the financing from NEXUS Capital, this stock will fly. The patient investor will be rewarded.
Yes exactly ! Thanks for your input regarding the real estate sector. This will push our investment in AZRI/AZHI even more.
Today was huge interest in Azur Holdings due to a recommendation of a stock letter ! In wellknown stockboard www.wallstreet-online.de around 8.500 users read the Azur Holdings thread only today compared to daily 100 hits. What i missed though in the recommendation was any remark about Azur International.
Steven Craney in one of last emails that Azur will make some promotion in Germany due to secondary new listing of Azur Holdings. So today we saw the proof at least in the public interest in the stockboard. However nobody bought any stock yet.
Still waiting for Steven's reply. Antoher ATHs we are facing today. Huh...AZHI at 0,65$ , AZRI at 0,05$ .
Wished to get some facts about current situation.
Just checked out the website for Herford. Here we go : www.herford.de .
Good chance to learn german ! Hehe...
If Azur International should make us rich we can visit us. ;)
Good luckt to you !
Up 15% on the Frankfurt exchange with ask at 14 cents and valuation of 9 cents US, and we just dropped to 5 cents down -37.5%...I am going to start a position here
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