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Coach Industries Group Inc (fka CIGIQ)

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Last Post: 10/1/2011 8:46:53 PM - Followers: 11 - Board type: Free - Posts Today: 0

  • Coach Industries Group, Inc., through its subsidiaries, offers financial services, insurance products, and fleet management to commercial fleet operators in the United States. The company operates through three segments: Manufacturing, Finance Leasing Operations, and Contractor Settlement Processing. Manufacturing segment engages in the manufacture, sale, and servicing of chassis for limousines. Finance Leasing Operations segment offers financial services, such as commercial vehicle lease and fleet financing targeting small to mid-size commercial fleet operators through the United States. Contractor Settlement Processing segment provides independent contractors, subcontractor settlement processing, and specialty and health insurance products to commercial fleet operators. The company also offers services, such as procurement and disposal of vehicles. The company was founded in 2003 and is based in Cooper City, Florida. On September 20, 2007, Coach Industries Group, Inc filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Northern District of New York, Albany.

  • http://www.taglichbrothers.com/equityuniverse/companies/archive/coachind/coachind-05072007.pdf

  • Estimated Market Cap $8,667 as of Jan 20, 2009

  • Outstanding Shares  28,888,835 as of Nov 1, 2006

  • Authorized Shares  50,000,000 as of Jan 16, 2005

  • Float  3,400,000 as of Jan 16, 2005

  • LAST 10Q SHOWING THREE QUARTER REVENUES OF $247M   

  • http://knobias.10kwizard.com/filing.php?param=&ipage=4488784&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=



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12/31/07  NITE OWNS 5.3% OF THE O/S OR 1,530,642 COMMON SHARES

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5718995


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COACH INDUSTRIES GROUP
**NEW 8K OUT 9/2007** Entry into a Material Definitive Agreement.
The purchase price for the sale shall be an amount equal to $7,082,456, subject to higher.

FOR IMMEDIATE RELEASE ********
Coach Industries Group, Inc Signs Agreement with Laurus Master Funds to sell wholly owned subsidiary Corporate Development Services, Inc.
Glens Falls, NY — Sept. 21 st 2007 : Coach Industries Group, Inc. (“Coach Industries”) (OTCBB:CIGI – News), is selling it’s operating division Corporate Development services Inc. ( CDS) and its’ subsidiary SubContracting Concepts Inc. (SCI) to Laurus Master Funds Ltd. Coach Industries Group, Inc. filed in Albany County NY court on September 20 th for protection under the Chapter 11 of the United States Bankruptcy Code which included a Sale and Purchase agreement with Laurus Capital Management / Laurus Master Funds, Ltd (“Laurus”), a secured creditor, to purchase CDS and its’ subsidiary SCI. The purchase price for the sale shall be an amount equal to $7,082,456. Payment of the consideration shall be in the form of cancellation of $6,832,456 in accrued obligations owing to Laurus together with a cash payment of the $250,000 balance. This bid by Laurus is in excess of what Laurus is owed and will satisfy the secured position.

 

PostSubject
#299   Game over - shares cancelled and delisted ErnieBilco 10/01/11 08:46:53 PM
#298   100% on low Volume 10,500shrs .001 ragmuff 02/22/11 06:01:28 PM
#297   CIGIQ is getting some buying volume. buxmaker 08/30/10 11:04:53 AM
#296   lol-what a joke!! --remember now no preloading -whatever catdaddyrt 08/28/10 09:55:29 AM
#295   3.4M float. W/ some MOMO it goes! Z-Man15 08/18/10 08:10:34 PM
#294   I guess if there was no "preloading" (ya bluebird50 08/16/10 10:06:41 PM
#293   Pure float play The Artful Dodger 08/16/10 05:55:28 PM
#292   Anyone seen this post? LuckyMe77 08/16/10 03:03:38 PM
#291   I never could figure how this one moves..odd. ragmuff 08/16/10 02:51:04 PM
#290   OK, this is your pick, nice. LuckyMe77 08/16/10 02:47:12 PM
#289   Blue I wonder if Z gave out B green60283 08/16/10 12:49:56 PM
#288   Check out "the Q team" board...there's your answer. Mutz 08/16/10 12:25:35 PM
#286   2/3 of the float has been exchanged already... bluebird50 08/16/10 10:26:04 AM
#285   I don't see any reason. sidedraft 08/16/10 10:09:02 AM
#284   Congratulations and I'm marking your board! suebee14 08/16/10 10:05:47 AM
#283   3.4M float, yes sir! Z-Man15 08/16/10 09:55:47 AM
#282   what's the impetus for this rise? any primarywatcher 08/16/10 09:52:21 AM
#281   Up 3233.33% on over 1.5 million shares, IT'S ALIVE! sidedraft 08/16/10 09:49:06 AM
#280   That is typical on this one, I just ragmuff 12/30/09 12:35:28 PM
#279   Up 525% on almost half a million shares? sidedraft 12/30/09 12:27:42 PM
#278   This one is all pressed,folded and pretty,sitting in faust357 12/05/09 11:31:21 AM
#277   Spoke with the CEO last year and he ragmuff 12/04/09 09:46:23 PM
#276   Is this dead,or just hibernating for the winter? faust357 11/09/09 12:39:10 PM
#275   Big swing on trading from Tue low to ragmuff 10/15/09 06:10:05 PM
#274   some say there's life after death lifegear 09/28/09 10:04:48 PM
#273   Is there life here yet? faust357 09/15/09 10:25:22 AM
#272   estimated sales for 2008 50m--100m http://www.kompass.com/lt/US935298 lifegear 09/15/09 02:47:32 AM
#271   Translated-"we need more people to buy this "lol. faust357 09/02/09 10:01:00 AM
#270   we need more volume lifegear 09/02/09 03:30:43 AM
#269   Watch out now, we got activity, up 400%! sidedraft 09/01/09 02:08:44 PM
#268   this needs more ask slappage lifegear 07/09/09 03:34:17 PM
#267   150 shares a $9 trade brings it up 9.09% ragmuff 07/08/09 09:53:02 AM
#266   Coach should be first class soon lifegear 06/25/09 08:18:10 PM
#265   Coach creeping up slowly. ragmuff 06/25/09 02:33:43 PM
#264   L2 plz freepenny911 06/15/09 10:34:16 AM
#263   it filled faust357 06/14/09 09:14:45 PM
#262   That should trading .15+ this is not real price freepenny911 06/12/09 11:14:58 PM
#261   then you cancelled your order? lifegear 06/12/09 05:44:15 PM
#260   Up 233.33% strange moves, like someone is trying ragmuff 06/12/09 03:14:04 PM
#259   They only gave me 5k out of a faust357 06/12/09 03:10:44 PM
#258   . freepenny911 06/12/09 11:46:51 AM
#257   AON won't work I think since there's hardly lifegear 06/11/09 03:34:50 PM
#256   I but my A/N 1m at .005 freepenny911 06/11/09 09:52:35 AM
#255   This is June. sidedraft 06/11/09 09:33:19 AM
#254   NEWS MAY OUT TODAY @12PM WE COULD SEE .15+ freepenny911 06/11/09 05:17:25 AM
#253   wow very thin lifegear 06/11/09 02:08:58 AM
#252   001 x005 NxN Carlito 06/10/09 11:46:02 PM
#251   what's the ask lineup lately? lifegear 06/10/09 05:36:16 PM
#250   Grrrrrrrrrrrrrrrrrrrrrrrrrrr Carlito 06/10/09 02:34:09 PM
#249   No VOLUMEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE freepenny911 06/10/09 02:31:57 PM
PostSubject