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I can tell ya it was hard getting .008 or .009 later in the day, I got a good chunk at .01, which filled in increments.
grats to the board...been watching this one from the fence...and kicking myself for not jumping in yesterday...nice find hdog...
.<font color=green> Green Close, Nice day! Little by little, kind of like it that way, great volume today, more than yesterday's, MM's NIII, PERT & HDSN tried to shake to get more, all sign looking great ;))
Personally, I hope not ot see much of a gap at all, if we start off tomorrow just at today's high would be nice, that way we don't have to worry about filing that gap later on!
I don't know? New here, wondering what the Mods think??
good luck tommorow what do you think it will gap too
Hey ERIC, GL to us!!
Knock Knock guess who's in :) let's see 10 cents +++ !! :) Btw, watch for DNNI to make a huge move soon too..a little birdie told me we should see some nice news rly soon..I also spoke with the CEO he plans on doing a j/v with some food retailers..Float 6 mil stock used to be in the dollar range
Looks prime....This was at .10 in March
I shoulda bought yesterday, but I don't think I will hurt too bad coming in a day late!
Welcome phish!!!!!!!!
I don't think it's an issue with the trend line in tact. Add on that these Q plays have been insane!!
nibble nibble lets get this past .01
we need to get it moving into the close so we can watch it gap tommorow
lol,,oK they gave me 5K out of 200K
i did but i guess nobody else wants too lets watch it fall now
0085X009....3X1
MM's appear to be trying to do a little shake, PERT & NIII really wanting shares here!!
bid/ask please
0,0090 x 0,01
rt 0,0095
MKTSQ 009!!! 008 X 009!
MKTSQ, have you been watching l2, MM's really want this, PERT, NIII, now HDSN, all trying for high bid, great indications that they are fighting for to bid, and after yesterday's gains, no sellers today, hmmm, I think we've got a whale here!!
chart looking NICE!!! What a bottom bouncer here and by far the best "Q" play i have seen in a while. :D
This one is going to be a MONSTER!!!!! Former NYSE stock!! I love it!!!!
yep! yesterday's close was 0.006
Baker & Taylor Appoints New President
Baker & Taylor( 05/23/2007 )
CHARLOTTE, North Carolina - May 23, 2007 -- Arnie Wight has been promoted to President of Baker & Taylor, the world's largest book and entertainment distributor. Mr. Wight will oversee purchasing, operations, information technology and the institutional market, as well as the legal and human resource functions of Baker & Taylor. "In his new role, Arnie will continue to work with the senior management team to make sure we grow and adapt as our business changes and to insure that excellence in customer service remains our primary focus," noted Richard Willis, Chairman and CEO of Baker & Taylor.
Since joining Baker & Taylor in 1980, Mr. Wight has held various positions in operations, finance, purchasing, sales and marketing. He has served as one of the company's Executive Vice Presidents since 1999 and the COO since 2003. Prior to joining Baker & Taylor, Mr. Wight worked for several years in the binding and printing industry. Mr. Wight earned a B.A. from the University of Virginia.
In addition, Gary Dayton has been promoted to Senior Vice President of Operations, and as such is responsible for overall operation and management of Baker & Taylor's 7 service centers, including 2 facilities recently added with Baker & Taylor's acquisition of AMS. Mr. Willis added, "We created this position to provide more management focus on operations service levels and to insure we meet the ever increasing requirements of our customers."
Since joining Baker & Taylor in 1970, Mr. Dayton has held various positions in purchasing, operations, information technology, transportation and logistics. He has served as an Operations Vice President since 1995. Mr. Dayton earned his B.S. degree in Management Science from Rutgers University.
About Baker & Taylor, Inc. Baker & Taylor, Inc. (www.btol.com) is a global information and entertainment services company that offers books, videos, music, games and services to libraries, educational institutions, and retailers. Based in Charlotte, N.C., the company has been in existence for over 176 years, developing long-term relationships with major suppliers, including book publishers, movie studios, and music labels. Baker & Taylor maintains one of the largest combined in-stock book, video and music inventories in the United States, and services the broadest customer base in the industry. Baker & Taylor is majority owned by Castle Harlan Partners IV, L.P., a leading private equity investment firm.
About Castle Harlan Castle Harlan invests in controlling interests in the buyout and development of middle-market companies in North America and Europe. Its team of 10 managing directors has completed 45 acquisitions since its inception with a total value in excess of $8.7 billion. The firm traces its roots to the start of the institutionalized private-equity business in the late 1960s. Castle Harlan's current portfolio companies, which employ more than 42,000 people, include Ames True Temper, a leading manufacturer of lawn and garden tools and accessories; RathGibson, Inc., a leading manufacturer of highly engineered premium stainless steel and alloy welded tubing products, and Perkins Restaurant & Bakery, the operator and franchisor of 480 family restaurants.
Media Contact:
Jenny Johnson
Baker & Taylor, Inc.
(704) 998-3190
johnsoj@btol.com
Advanced Marketing Services Announces Agreements for Sale of Bookwise, Publishers Group UK, and H.I. Marketing
SAN DIEGO--(BUSINESS WIRE)--April 12, 2007--Advanced Marketing Services, Inc. (Pink Sheets: MKTS) ("AMS"), today announced that on April 5, 2007 it entered into two separate stock purchase agreements to sell all of the capital stock of Publishers Group UK Ltd. and H.I. Marketing Ltd. to Cathy Parson and Medwyn Hughes and to sell all of the capital stock of Bookwise International Pty Ltd. and Bookwise Asia Pte Ltd. to Brumby Books Holdings Pty Ltd. ("Brumby Books"). Each transaction is subject to higher and better offers.
AMS and certain domestic subsidiaries filed petitions pursuant to chapter 11 of the Bankruptcy Code on December 29, 2006, and have been operating as debtors-in-possession since then. On April 6, 2007, AMS filed motions with the United States Bankruptcy Court for the District of Delaware requesting approval of the sale transactions under section 363 of the U.S. Bankruptcy Code. Following the completion of a bidding process and an auction, if necessary, AMS anticipates that both sale transactions will close by May 1, 2007 pursuant to the requirements of the stock purchase agreements.
"We have dealt with Bookwise for many years and we have great respect for its people and its publishers," commented the Managing Director of Brumby Books. He continued, "This agreement with AMS, once consummated, will bring together our two distribution businesses and will provide the scale for these businesses to compete more effectively in the highly competitive Australasian marketplace. There are great similarities and synergies between our businesses and we are excited about the opportunities ahead."
Medwyn Hughes stated, "We are delighted to have the opportunity to acquire Publishers Group UK and H.I. Marketing. We believe that as a private company we can deliver the service excellence required to satisfy both our client publishers and customers." "We would like to thank all the publishers for their support over the last few months. This is an opportunity for us to take the company back to its roots," added Cathy Parson.
AMS previously entered into purchase agreements with Baker & Taylor, Inc. for the sale of the majority of AMS's assets, and with Perseus Books, L.L.C. for the sale of certain assets of its debtor subsidiary Publishers Group West, Inc.; both of these prior sales were approved by the Bankruptcy Court and have closed.
As previously announced, in connection with the pending chapter 11 proceeding, AMS does not anticipate that any payments will be made with respect to outstanding shares of AMS's common stock.
About Cathy Parson and Medwyn Hughes
Cathy Parson and Medwyn Hughes have worked together in the book distribution business for over 25 years. In 1992 they founded H.I. Marketing Ltd. and, prior to selling to AMS in 2002, had developed it into one of the premier sales and marketing agencies in the United Kingdom. They currently manage Publishers Group UK in the respective roles of Commercial Director and Divisional Director.
About Brumby Books
Brumby Books was founded in the mid 1980's and has operated on a consistently profitable basis since then. It was purchased by its current owners in 2004 whose strategy has been to grow organically and to acquire similarly positioned distribution businesses where consolidation opportunities exist. The company is privately owned and is headquartered near Melbourne.
Forward-looking statements in this public announcement are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements.
CONTACT: Media and Stockholders:
MWW Group for AMS
Rich Tauberman, 201-507-9500
rtauberman@mww.com
SOURCE: Advanced Marketing Services, Inc.
In this at close today,,006!!!!!!!!!
will be watching this one very close!
To Sum it up her is the press release that makes the biggest impact on what is going on with MKTSQ:
Baker & Taylor acquires book distributor
Charlotte Business Journal - March 19, 2007
Baker & Taylor Inc. has acquired the wholesale operations of Advanced Marketing Services Inc., a California distributor of books to membership wholesale clubs.
The acquisition includes Advanced Marketing operations that distribute bestsellers, children's books, culinary titles, reference works and other books to membership warehouse clubs.
Baker & Taylor will operate the warehouse-club business under a new brand, Baker & Taylor Marketing Services.
Baker & Taylor also acquired Advanced Marketing's wholesale distribution operations in the United Kingdom and Mexico.
Financial terms of the deal weren't disclosed.
Charlotte-based Baker & Taylor is a distributor of books, videos, music and electronic games to the library and retail markets. The company is owned by a private-equity investment fund organized and managed by Castle Harlan Inc. of New York.
Founded in 1828, Baker & Taylor serves customers in 125 countries.
http://charlotte.bizjournals.com/charlotte/stories/2007/03/19/daily8.html
thanks,doing more DD on this one, Nice move today.
This will answer a lot of your questions, a ton of info but worth the read:
AMS previously entered into purchase agreements with Baker & Taylor, Inc. for the sale of the majority of AMS's assets, and with Perseus Books, L.L.C. for the sale of certain assets of its debtor subsidiary Publishers Group West, Inc.; both of these prior sales were approved by the Bankruptcy Court and have closed.
Baker & Taylor acquires book distributor
Charlotte Business Journal - March 19, 2007
Baker & Taylor Inc. has acquired the wholesale operations of Advanced Marketing Services Inc., a California distributor of books to membership wholesale clubs.
Baker & Taylor will operate the warehouse-club business under a new brand, Baker & Taylor Marketing Services.
Baker & Taylor also acquired Advanced Marketing's wholesale distribution operations in the United Kingdom and Mexico.
Financial terms of the deal weren't disclosed.
Charlotte-based Baker & Taylor is a distributor of books, videos, music and electronic games to the library and retail markets. The company is owned by a private-equity investment fund organized and managed by Castle Harlan Inc. of New York.
Founded in 1828, Baker & Taylor serves customers in 125 countries.
http://charlotte.bizjournals.com/charlotte/stories/2007/03/19/daily8.html
No 06/14/06 15-12G 15-12G filed,
SAN DIEGO--(BUSINESS WIRE)--March 21, 2007--Advanced Marketing Services, Inc. (Pink Sheets: MKTS) (the "Company"), today announced that it has completed the sale of the majority of its assets to Baker & Taylor, Inc. ("B&T"), the world's largest book distributor, pursuant to an Asset Purchase Agreement dated February 16, 2007, as amended.
The Company filed a petition pursuant to chapter 11 of the Bankruptcy Code on December 29, 2006, and became a debtor-in-possession. The sale to B&T was conducted pursuant to Section 363 of the Bankruptcy Code, was subject to an auction process, and was approved by the United States Bankruptcy Court for the District of Delaware on March 9, 2007. No other bids were received.
The Company previously entered into a purchase agreement with Perseus Books, L.L.C., in connection with the sale of certain assets of the Company's Publishers Group West Incorporated subsidiary; that sale also was approved by the Bankruptcy Court.
Advanced Marketing Services, Inc. Announces Adoption of Stockholder Rights Plan
SAN DIEGO--(BUSINESS WIRE)--Aug. 9, 2005--Advanced Marketing Services, Inc. (Pink Sheets:MKTS) (the "Company") announced that it has adopted a stockholder rights plan to discourage abusive takeover tactics and to provide the Company's Board of Directors with sufficient time to respond appropriately to a takeover attempt and seek alternative opportunities, if appropriate, to maximize stockholder value. The rights will be issued as a dividend to stockholders of record on August 22, 2005. The plan will expire on August 9, 2008.
Under the plan, if an entity acquires more than 15% of the Company's stock, or in the event of a squeeze-out merger, holders of the rights would be entitled to purchase either the Company's stock or stock in the merged entity at half of market value. The ownership by an entity of more than 15% of the Company's stock as of today's date, however, will not cause the rights to be exercisable provided that the entity does not subsequently acquire additional shares of the Company's stock.
The Company will be entitled to redeem the rights for a nominal amount at any time until the tenth day following public announcement that a 15% position has been acquired.
Details will be mailed to stockholders.
CONTACT: Advanced Marketing Services, Inc.
Gary Lloyd, 858-450-3514
The Company also announced that, as contemplated following the completion of the sale to B&T, Curtis R. Smith, the Company's Executive Vice President and Chief Financial Officer, has succeeded Gary M. Rautenstrauch as the Company's Chief Executive Officer. Mr. Smith will supervise the final winding-down of the Company's business operations. Mr. Rautenstrauch will remain a member of the Company's Board of Directors.
Finally, the Company announced that, in connection with the pending chapter 11 proceeding, it is not anticipated that any payments will be made with respect to outstanding shares of the Company's common stock.
About B&T
B&T, founded in 1828, is the world's leading distributor of books, video, and music products to public and academic libraries. It is also a global leader in the distribution of books and entertainment products to many of the country's leading brick and mortar retailers, Internet retailers, as well as thousands of independent book, music and video stores. B&T is based in Charlotte, North Carolina and is ranked in the top 250 U.S. private companies by Forbes magazine. It serves customers in 125 countries around the world and has six distribution facilities strategically located throughout the country. B&T is a portfolio company of Castle Harlan Partners IV, L.P.
Forward-looking statements in this public announcement are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements.
CONTACT: Media and Stockholders:
MWW Group for AMS
Rich Tauberman, 201-507-9500
rtauberman@mww.com
or
Baker & Taylor, Inc.
Jenny Johnson, 704-998-3190
johnsonj@btol.com
Advanced Marketing Services Announces Agreements for Sale of Bookwise, Publishers Group UK, and H.I. Marketing
SAN DIEGO--(BUSINESS WIRE)--April 12, 2007--Advanced Marketing Services, Inc. (Pink Sheets: MKTS) ("AMS"), today announced that on April 5, 2007 it entered into two separate stock purchase agreements to sell all of the capital stock of Publishers Group UK Ltd. and H.I. Marketing Ltd. to Cathy Parson and Medwyn Hughes and to sell all of the capital stock of Bookwise International Pty Ltd. and Bookwise Asia Pte Ltd. to Brumby Books Holdings Pty Ltd. ("Brumby Books"). Each transaction is subject to higher and better offers.
AMS and certain domestic subsidiaries filed petitions pursuant to chapter 11 of the Bankruptcy Code on December 29, 2006, and have been operating as debtors-in-possession since then. On April 6, 2007, AMS filed motions with the United States Bankruptcy Court for the District of Delaware requesting approval of the sale transactions under section 363 of the U.S. Bankruptcy Code. Following the completion of a bidding process and an auction, if necessary, AMS anticipates that both sale transactions will close by May 1, 2007 pursuant to the requirements of the stock purchase agreements.
"We have dealt with Bookwise for many years and we have great respect for its people and its publishers," commented the Managing Director of Brumby Books. He continued, "This agreement with AMS, once consummated, will bring together our two distribution businesses and will provide the scale for these businesses to compete more effectively in the highly competitive Australasian marketplace. There are great similarities and synergies between our businesses and we are excited about the opportunities ahead."
Medwyn Hughes stated, "We are delighted to have the opportunity to acquire Publishers Group UK and H.I. Marketing. We believe that as a private company we can deliver the service excellence required to satisfy both our client publishers and customers." "We would like to thank all the publishers for their support over the last few months. This is an opportunity for us to take the company back to its roots," added Cathy Parson.
AMS previously entered into purchase agreements with Baker & Taylor, Inc. for the sale of the majority of AMS's assets, and with Perseus Books, L.L.C. for the sale of certain assets of its debtor subsidiary Publishers Group West, Inc.; both of these prior sales were approved by the Bankruptcy Court and have closed.
As previously announced, in connection with the pending chapter 11 proceeding, AMS does not anticipate that any payments will be made with respect to outstanding shares of AMS's common stock.
About Cathy Parson and Medwyn Hughes
Cathy Parson and Medwyn Hughes have worked together in the book distribution business for over 25 years. In 1992 they founded H.I. Marketing Ltd. and, prior to selling to AMS in 2002, had developed it into one of the premier sales and marketing agencies in the United Kingdom. They currently manage Publishers Group UK in the respective roles of Commercial Director and Divisional Director.
About Brumby Books
Brumby Books was founded in the mid 1980's and has operated on a consistently profitable basis since then. It was purchased by its current owners in 2004 whose strategy has been to grow organically and to acquire similarly positioned distribution businesses where consolidation opportunities exist. The company is privately owned and is headquartered near Melbourne.
Forward-looking statements in this public announcement are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements.
CONTACT: Media and Stockholders:
MWW Group for AMS
Rich Tauberman, 201-507-9500
rtauberman@mww.com
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