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Ezenia! Inc. (EZEN)

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Last Post: 9/16/2020 12:02:02 PM - Followers: 34 - Board type: Free - Posts Today: 0

 

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From 06/2016, BOOOM! Ezenia! Inc. Closes Transaction With Windjammer; Announces Renewals of Certain IWS Contracts $EZEN  
The only place you will find this news is on their website.... 
http://www.ezenia.com 


Posted on June 16, 2016 by Wkeith  
June 16, 2016 – Ezenia! Inc. (“Ezenia” or the “Company”) today announced that a newly formed subsidiary, Windjammer Holdings, Inc. (“WJ Holdings”), has purchased from Windjammer Communications Holdings LLC and BenMark Investments LLC 100% of the equity interests in Windjammer Communications LLC (“Windjammer Communications”) as well as certain cash on hand in exchange for preferred shares in the aggregate amount of approximately $636,000 issued by WJ Holdings and 19.5% of its common stock.  

The proceeds of the transaction were primarily used to pay transaction related expenses and to repay all but approximately $234,000 of the Company’s outstanding indebtedness under its senior secured term loan. The Company emerged from bankruptcy in July 2015 with approximately $2 million of outstanding indebtedness under this facility. Following the transaction, the Company has approximately $120,000 in cash on its balance sheet net of accrued expenses.  

Windjammer Communications is a telecommunications company which receives revenue from its ownership of a cable television system located in Virginia. In 2014 and 2015, the gross amount of revenue received by Windjammer Communications from this system was approximately $360,000 per year. The Company intends to use this revenue going forward to service its remaining debt and fund the Company’s operating expenses while it continues to explore additional strategic transactions.  

In addition to the consummation of the Windjammer transaction, the Company also today announced the renewal of certain of the InfoWork Space (“IWS”) contracts with the Air Force held by its subsidiary, Talarc Technologies LLC. A contract in the amount of $67,550 per year was renewed and paid in March. Another in the amount of $23,950 per year is currently in the renewal process and anticipated to be collected within the next few months. The Company also received payment on a third contract in the amount of $134,846 this month.  

The Company is in the process of finalizing its audited financial statements for the fiscal year ended December 31, 2015. Once complete, the Company intends to post the annual financial statements on its website for shareholders.  



About Ezenia! Inc.  

Ezenia! Inc. operates through its subsidiaries, Talarc Technologies LLC and Windjammer Holdings, Inc. Ezenia! Inc. common stock is not listed, traded or quoted on any U.S. stock exchange but is quoted on the OTC Pink Market under the symbol EZEN. 

Check this out! $EZEN FINANCIALS! 16 MILLION SHARE OS.... 
http://www.ezenia.com/wp-content/uploads/2016/11/2015-Ezenia-Inc_Audited-Financials.pdf 
12. SUBSEQUENT EVENTS 
Management of the Company has reviewed subsequent events through October 13, 2016, the date the financial statements were available to be issued. No matter requiring recognition or disclosure were noted, except for: 
In June 2016, Windjammer Holdings Inc., (Holdings) a newly formed Ezenia! Inc. subsidiary has purchased 100% equity interests in Windjammer Communications, LLC (Communcations) in exchange for 4,924 shares of preferred shares and 5,850 shares of common stock of holdings. Assets of Communication were principally $1.6 million in cash. 
In June, July and August 2016, The Company paid principal payments of $1,462,188, $33,070 and $34,666, respectively against its note payable.


 
jet101 Member Level  Tuesday, 11/22/16 11:23:03 AM
Re: articstorm  post# 164  
Post #  of 169     
According to their audited 2015 they just filed I would say no, but I have emailed them anyway to ask. 
 
Quote:
Pursuant to the plan of reorganization, the Company entered into a Registration Rights Agreement on July 15, 2015 which requires the Company to use commercially reasonable efforts to effect such registration to permit the sale of warrants, in accordance with the intended method or methods of disposition and to be done as expeditiously as possible. As part of the plan, existing shares and shareholders were unaffected.
 
lukin4winners Member Level  Tuesday, 11/22/16 11:54:48 AM
Re: fuego10  post# 172  
Post #  of 179     
Thanks confirmed that just now. Got a call back from Cecilia at EZEN. The share structure remains the same AS 40M OS 16M. They paid down debt to around $200k from around $1M she said on a note. I asked if it was a convertible she said NO. They are in the process of looking for revenue producing alliances with new companies. She also said it takes a long time to become fully reporting as we've noticed from other BK stocks. Lots of details and filings to submit.
jet101 Member Level  Tuesday, 11/22/16 01:07:49 PM
Re: lukin4winners  post# 176  
Post #  of 188     
I also just got a reply back from my question about the shares. 

My question: 
Thank you for taking the time to answer my question can you please answer one more. I would like to know if the shares stayed intact as part of the reorganization or are did they get canceled. Again thank you for your time. 

Ezenia answer: 
You are very welcome. The shares have remained intact. No new stock was issued at reorganization.  

Also, are you aware that we just released the 2015 audited financials? You can take a look at them on our website, if you are interested and if you haven’t already, at www.ezenia.com. 

Best, 

Cecilia Moreno 
Chief Financial Officer 

Ezenia! Inc. Issues Audited Financial Statements

Posted on November 18, 2016 by Wkeith

SALEM, N.H., November 18, 2016 /PRNewswire/ — Ezenia! Inc. (“Ezenia” or the “Company”) today announced that it has issued its audited financial statements for the fiscal year ended December 31, 2015.  The audited financial statements have been posted on the Company’s website at Ezenia.com and can be viewed by clicking on the “Financial Information” tab.

The Company intends to announce the date and relevant information for the annual meeting of its stockholders shortly.

About Ezenia! Inc.

Ezenia! Inc. operates through its subsidiaries, Talarc Technologies LLC and Windjammer Holdings, Inc.  Ezenia! Inc. common stock is not listed, traded or quoted on any U.S. stock exchange but is quoted on the OTC Pink Market under the symbol EZENQ.

Contact: Cecilia Moreno 1-603-589-7600 x804 cmoreno@ezenia.com

 
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PostSubject
#482   Some sort of update would be nice here, Lineman317 09/16/20 12:02:02 PM
#481   I still hold the qualified divi shares so Traderfan 09/13/20 05:46:24 PM
#480   Be wary here. They could still change the RealDutch 09/13/20 05:12:57 PM
#479   Ah I got you. Yeah something was messed Traderfan 09/13/20 04:44:06 PM
#478   Yes, I know. But they were too dam RealDutch 09/13/20 04:39:54 PM
#477   It‘s already paid out. Traderfan 09/13/20 04:35:20 PM
#476   I think FINRA screwed up on this one. RealDutch 09/13/20 04:32:09 PM
#475   Received my dividend this morning, awesome, using it Lineman317 09/12/20 01:52:52 PM
#474   Agreed. I was just shocked the cash divvy FightingBack 09/10/20 11:39:43 AM
#473   but todays price w/o the divy is much threewheeler 09/10/20 11:39:06 AM
#472   That shows they are real. That’s the FightingBack 09/10/20 11:05:11 AM
#471   Well look at that. Good that they actually BNP31 09/10/20 11:02:58 AM
#470   Told you guys to give them a few days. Traderfan 09/10/20 11:02:43 AM
#469   EZEN actually paid their cash dividends. Interesting... FightingBack 09/10/20 11:01:55 AM
#468   Very nice! FightingBack 09/10/20 10:59:52 AM
#467   Just got paid 7k in dividends now let’s TimeFades 09/10/20 09:01:27 AM
#466   Just got my Dividend. 09/09/2020 17:15:22 QUALIFIED DIVIDEND (EZEN) turn-around-king 09/10/20 08:35:37 AM
#465   This stock just doubled... on 50k volume? $500k CassieW 09/09/20 01:33:46 PM
#464   Shouldn't they pay out the divis before they BNP31 09/08/20 01:59:14 PM
#463   Hearing big follow up news coming turn-around-king 09/08/20 11:07:12 AM
#462   I need to check but I think I Traderfan 09/04/20 11:14:10 AM
#461   How about now? BNP31 09/04/20 11:05:50 AM
#460   I agree , it is what it is Antiochious 09/02/20 03:51:02 PM
#459   Comical at this point TimeFades 09/02/20 02:51:04 PM
#458   Gotta wait a day or two before we Traderfan 09/02/20 11:22:36 AM
#457   Didn't hold till the record date because chart BNP31 09/02/20 09:47:52 AM
#456   Not sure what the end game is here TimeFades 09/01/20 08:05:20 PM
#455   Looks like we got scammed... no dividend. Antiochious 09/01/20 05:02:30 PM
#454   Nope not here Lineman317 09/01/20 03:50:31 PM
#453   Interested to know if Anybody got the dividend BNP31 09/01/20 02:17:10 PM
#452   If you already sold I think there is Traderfan 08/26/20 03:11:08 PM
#451   Yes agreed FightingBack 08/26/20 01:53:03 PM
#450   yeap back off my watch list though as threewheeler 08/26/20 01:52:47 PM
#449   Was worth a nice push though. ;) FightingBack 08/26/20 01:49:30 PM
#448   divy period over and sellers In connection with threewheeler 08/26/20 01:49:00 PM
#447   All i need from a chart perspective is BNP31 08/24/20 07:16:51 AM
#446   By the time volume comes in this will TimeFades 08/23/20 03:46:59 PM
#445   Oh no, not the mom's basement comment. I'm BNP31 08/22/20 08:48:53 PM
#444   I got your hell boy, you remind me Lineman317 08/21/20 11:23:54 PM
#443   Otc runs on hype mostly .. volume was TimeFades 08/21/20 04:12:11 PM
#442   Knew there was nothing of the sort coming. BNP31 08/21/20 03:46:43 PM
#441   Think he took the stairway instead.... Soulman856 08/21/20 03:38:24 PM
#440   This been more boring than the rest of BNP31 08/21/20 03:32:21 PM
#439   What slaps are going to test it? The wall BNP31 08/21/20 02:29:01 PM
#438   Obviously a bluff . Power hour will be interesting TimeFades 08/21/20 02:23:17 PM
#437   But bigger ask BNP31 08/21/20 02:20:51 PM
#436   That's a big bid! Soulman856 08/21/20 02:13:56 PM
#435   Hell sure is boring though BNP31 08/21/20 01:49:19 PM
#434   It ain't a loading wall. Also there were BNP31 08/21/20 12:31:50 PM
#433   What is it now? Big buys at .079, Soulman856 08/21/20 12:29:40 PM
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