CCUR Holdings Inc. (CCUR)

[realfast95]

So this is a squeeze out of small investors. Probably to go private after this.

CCUR was one of my first investments many years ago. Too long ago to remember, 1990's.

I see that CCUR Real Time just announced they were being bought out by a British company.

Vecima, a Canadian firm, has the VOD stuff. Still with offices in Duluth GA.

[Renee]

CCUR: effective April 22,2021 a one for 3,000 reverse split. ***Shareholders owning fewer than 3,000 shares pre-split, such shares will receive $2.86 per share on a pre-split basis.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[TheFinalCD]

https://www.globenewswire.com/news-release/2016/05/25/843267/0/en/JDS1-Concurrent-Computer-Corporation-s-Largest-Shareholder-Sends-Open-Letter-to-Chairman.html

interesting read


I came across his name because spr.t anounced 2 news tonight, 1 was a divy, and I saw that JDS1 recently filed a 13g for almost 1m shares


im also wondering how & why a company like support.com announces such a divy more than 50% of their last closing price


and so late in the year

I would appreciate any insight from your obvious accounting background


TIA

[TenKay]

CCUR (CCUR Holdings, Inc.) delisted from NASDAQ.

http://otce.finra.org/DLAdditions

[swagman]

anybody out there?
what's happening to this company?
did they win their appeal to stay listed on Nasdaq?
anyone know anything??

[swagman]

can anyone explain to me why Singer would purchase "put option (obligation to buy)" of various amounts at either $5 or $7.50 all purchased around time of recent second sale, but expiring across next 6 months?

[swagman]

Did Singer just buy another 300,000 +/- shares? (Form 4 filed Oct 18)

[realfast95]

After deal closing, it's a shell company. With it's biggest asset of NOL's. A Canadian company bought the products and would have no use for the NOL's.

9.32 shares outstanding
$67m cash (after deal closes, from press release)

from the 10K (in thousands)

As of June 30, 2017, we had U.S. federal net operating loss carryforwards (“NOLs”) of approximately $71,953 for income tax purposes, of which none expire in fiscal year 2017, and the remainder expire at various dates through fiscal year 2036. We recently completed an evaluation of the potential effect of Section 382 of the Internal Revenue Code (the “IRC”) on our ability to utilize these net operating losses. The study concluded that we have not had an ownership change for the period from July 22, 1993 to June 30, 2017. If we experience an ownership change as defined in Section 382 of the IRC, our ability to use these NOLs will be substantially limited, which could therefore significantly impair the value of that asset. See section below entitled “Tax Asset Preservation Plan” for details regarding steps we have taken to protect the value of our NOLs.



As of June 30, 2017, we had state NOLs of $37,394 and foreign NOLs of $28,335. The state NOLs expire according to the rules of each state and expiration will occur between fiscal year 2018 and fiscal year 2036. The foreign NOLs expire according to the rules of each country. Currently, none of the jurisdictions in which we have foreign NOLs are subject to expiration due to indefinite carryforward periods.

[realfast95]

Concurrent Enters Definitive Agreement to Sell Content Delivery & Storage Business to Vecima Networks for $29 Million

[realfast95]

Concurrent (NASDAQ:CCUR), a global leader in storage, protection, transformation and delivery of visual media assets, and Super Micro Computer, Inc. (NASDAQ:SMCI), a global leader in computing, storage and networking technologies, today announced the Aquari™ SN4410, a deep capacity storage node that enhances Concurrent’s Aquari Storage capabilities and leverages Supermicro’s best-of-breed optimized storage server to expand Concurrent’s market opportunity in the massive growth of storage for visual asset libraries.

As video moves through today’s file-based media workflow it is typically stored in multiple storage islands which creates unnecessary work and complexity. Today’s 4K video content and increasing OTT distribution options are causing media libraries to grow exponentially, resulting in inefficient capacity scaling and infrastructure management. The SN4410 storage node expands Aquari’s ability to consolidate storage by providing a cost-effective option to bring tape-based archives online, reducing the cost and complexity of managing tape storage and enabling new monetization opportunities by bringing more content online.

Sharing storage capacity between applications removes the need for storage silos, significantly minimizing cost, training, and support. It also enables faster migration of content, accelerating processing through the media workflow. Deploying 60 off-the-shelf hard drives, the SN4400 supports up to 480TB in a single 4U chassis. This high-capacity storage node allows easy scalability from terabytes to exabytes and integrates seamlessly with Aquari’s other high-performance and capacity optimized storage nodes and simple management UI and set of REST APIs.

“The rapid growth of visual media presents new and unique challenges in manageability, performance, increasing complexity and maintenance costs,” said Scott Ryan, senior vice president, products at Concurrent. “The Aquari SN4410 storage node was engineered to accommodate larger storage requirements of the $4.7 billion information archive market while still offering simple, cost-effective, adaptable, storage that streamlines administration and slashes OPEX overhead.”

Aquari is a modern, multi-workload storage system that supports applications using S3, Swift, RADOS, RBD, NFS, and SMB. It provides flexible configurations to integrate easily with core media applications and supports multiple application types simultaneously. Rather than creating storage silos tailored to each application, customers can now use a single Aquari cluster to easily configure and manage mixed workloads for enhanced operational efficiency and reduced capital spending.

“For customers who need a combination of strong performance and high capacity, as well as an architecture that is easy to manage and scale, this joint solution based on the Supermicro 4U 60-bay top-loading storage server should be strongly considered,” said Michael McNerney, Vice President Software Solutions and Infrastructure at Supermicro. “Aquari enables flexible cluster configurations to support multiple workload types, and the SN4410 extends the capacity capabilities to exabyte-scale environments.”

About Super Micro Computer, Inc.
Supermicro® (NASDAQ:SMCI), the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermicro is committed to protecting the environment through its “We Keep IT Green®” initiative and provides customers with the most energy-efficient, environmentally-friendly, solutions available on the market. For more information, please visit http://www.supermicro.com.

[realfast95]

Resignation of Directors

Effective as of July 14, 2017, each of Steve G. Nussrallah, Charles Blackmon and Larry Enterline (the "Resigning Directors") tendered his resignation from the Board and all Board committees thereof. The resignations of Messrs. Nussrallah, Blackmon and Enterline did not involve any disagreement with the Board, the Company or its management on any matter relating to the Company's operations, policies or practices. In connection with the Resigning Directors' release of any claims against the Company, the Company agreed to accelerate the vesting of 5,400 shares of restricted stock held by each of the Resigning Directors, and to make a one-time payment to each of the Resigning Directors of $52,000, which amount includes unpaid meeting fees through the date of resignation.

[realfast95]

Concurrent Signs OEM Agreement with Hewlett Packard Enterprise (HPE) to Deliver High-Performance Visual Media Storage
GlobeNewswire•June 13, 2017

ATLANTA, June 13, 2017 (GLOBE NEWSWIRE) -- Concurrent (CCUR), a global leader in storage, protection, transformation and delivery of visual assets, today announced that Hewlett Packard Enterprise (HPE) and Concurrent have signed an OEM agreement to provide customers with a combined storage solution.

The new solution combines Concurrent Aquari™ Storage software with the HPE ProLiant DL380 Gen 9 Server and HPE Apollo 4500 Systems to deliver the flexibility, performance, and exabyte-scale required by demanding video applications and other growing visual media workloads. Leveraging the performance and density of these HPE systems, Aquari Storage provides a massively scalable and easy-to-manage storage solution to support unpredictable data growth.

Building on its rich heritage in the video content delivery market, Concurrent continues to provide value to content creators, broadcasters, cable operators and post-production houses with Aquari Storage. By consolidating storage for all media workflows on a massively scalable storage system, visual media innovators can reduce total cost of ownership for storage, increase flexibility and scalability for growing media libraries, overcome the limitations of tape-based archives and improve operational efficiency using modern data protection methods.

“With 23.6% market share, HPE continues to be the leader in the worldwide server market according to IDC. Broadcasters and content providers select HPE density-optimized server hardware as a solid foundation for software-defined storage infrastructures that are cost effective and resilient enough for large data loads,” said Scott Ryan, Senior Vice President, Products at Concurrent. “This OEM partnership increases the serviceable market for Aquari storage as well as gives our customers who prefer HPE servers a stress-tested option developed for the unique demands of digital media.”

[swagman]

given recent news about storage sale to top 5 cable provider and redhawk sale to govt why isn't the pps rising??

[NathanH]

In at 4.95

[realfast95]

okay bought a little on this unknown dump today.
The gaps are closed.

[realfast95]

$CCUR I so want to buy back into my first home run stock. Please somebody, stop me.

[mudslog]

I still like it because it has no debt and positive earnings. The pumping got old and did very little to help the stock, in fact, it made it sound cheesy.

[5adsack]

What do we think about CCUR now that NIA r pumping something else.

[mudslog]

Looks like the pump and dump NIA is liquidating their shares.

[Bronzebk]

AGREE 100%. Don't believe what they say. THEY ARE "LYING" sub-FECES "SCUMS."

[mudslog]

I see that. The financials for CCUR look pretty good, but the extreme pumping adds a kind of shady feeling.

[KashGreen]

NIA is a big time pumper. Be careful a lot of people have been burned by them. Years ago they were a good web site but they turned pump n dump.

[mudslog]

Wow, I am getting bombarded by NIA emails. They sound good though.

[Kenswift]

Insiders selling perhaps

[mudslog]

Me too, but alot of things they say have come true like the dividend etc., but unfortunately not the stock price.

[TheSaint]

Im still getting the nia pump mails, 2/3 a day, earnings were flat and this will go lower.

[BottomBounce]

CCUR Timmmmmmmmmmmmber. Down more in After hours.. 7.68 Down 0.93(10.80%)

[K00LAID_4SALE]

Higher lows higher highs each month. Chart building up nicely. This will blow up soon.

[Kenswift]

Big chart break yesterday

[Big_Money_Upward]

they're running it surprisingly!

[K00LAID_4SALE]

Chart looks great here...

[Big_Money_Upward]

It went up today, they'll be back lol

[Kenswift]

The pump mails stopped finally.

[TheSaint]

They have to accumulate cheap shares before they start pumping the new stock.

[brianw]

Hahaha priceless

[Big_Money_Upward]

NIA has to pull their support from CCUR sooner or later. They promised a gold stock suggestion this year, and a third ticker.

[DevilDog0213]

Stocked jumped nicely after the dividend report a week ago. RSI is around 50, think it will continue up until 6/17. After COB on that day though, hhmm.. wonder what direction it will head.. TIMBER :)

[K00LAID_4SALE]

THINKING ABOUT JUMPING BACK IN.. CLOSED ABOVE $8.00 RESISTANCE FINALLY.

[TheSaint]

Loads of sellers at 8.00, I don't doubt NIA is there trying to get out, I think they use EGDX as one of their mms

[Kenswift]

It's funny NIAs way of promoting this is to tell you how every one of CCURs competitors stock is kicking ass lol

[mudslog]

Decent earnings with no debt.

[Kenswift]

Lol decent earnings. What are the odds.

[mudslog]

High level of short sellers from rumors of very poor earnings on the 30th.

[TheSaint]

250,093 still held by NIA, they have to keep pumping till they get out of it, this trades so thin it drops 5% if you hit the bid with 2/3k shares.

[Kenswift]

Agreed my friend.

[Big_Money_Upward]

NIA still beating this dead horse, come one with a freshieeeeeee

[TheSaint]

Not a bad company but NIA is killing it with their pumping and dumping, look at sync.

[Kenswift]

Yeah. What a crappy pump.

[TheSaint]

NIA down to 250k shares from todays email, they had 360k a month ago so they are dumping.

[Andy68]

you won't be able to tell if a large short position is being opened by looking at L2.

Andy