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GLSH: effective Nov. 1,2023 GLSH will change to GLSHQ, bankruptcy.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Somebody is buying the warrants today - I wonder if that mean anything.
A Scam 'Mergers' with another Scam = Double Scams!!!
$GLSH -To Vote on Merger
w/ PureTech Health, a biotechnology company which develops medicines to combat serious diseases
Up 90%/ Current Price $0.048
So what do we get as shareholders of GLSH?
Thanks
Looks like merger Co. Bought out all debt.
I'm long and trying to figure this out - very confusing.
Do you own any shares here? Are you holding?
What's your take on this 8k? Good for share price?
How can that possibly be - it's trading around 4 cents and is up over 2 and a half cents on the day?
How can that possibly be - it's trading around 4 cents and is up over 2 and a half cents on the day?
That's the way I understand it. They will be merged into sub of PRTC, with a right to receive only $.05664 cash after a "shop around period" til July 1st.
My understanding is that it's getting taken private at 0.05664$/share in cash to current GLSH shareholders
No not at all IMHO - it is a merger.
There are terms - I am going to have to dig into the filings to find out what they are.
If anybody knows, please chime in.
Will this stock ticker be wiped out after July 1st merger with PureTech ?
Believe it or not but there are warrants .
it's not too late to get back in.
I sold it off last three weeks. Seller's Remorse Begins Today. Congrats to all of you that bought and hold this ticker.
Wow - I will take a look - thanks
Wow, thank you. Is puretech $233 share prtc?
Go to OTC markets or Edgar:
https://www.otcmarkets.com/filing/html?id=16726034&guid=drT-kHIUeRLnJth
Nice merger 8k out
Time to reload then.
Got some action today.
thank you fer the target / GLSH
Gelesis Holdings Inc (PK)
0.015
-0.0025 (-14.29%)
Volume: 148,630
Day Range: 0.0122 - 0.019
Last Trade Time: 2:47:54 PM EDT
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GLSH
Gelesis Holdings Inc (PK)
0.0165
-0.0005 (-2.94%)
Volume: 203,998
Day Range: 0.014 - 0.0169
Bid: 0.0165
Ask: 0.02
Last Trade Time: 12:40:51 PM EDT
Total Trades: 17
thank you heads up Gelesis Holdings Inc
Schedule 13D Filing Out today .. Is it good or bad for this ticker ?
yes why , GLSH
Gelesis Holdings Inc (PK)
0.021
-0.009 (-30.00%)
Volume: 415,332
Day Range: 0.021 - 0.03
Last Trade Time: 1:18:51 PM EDT
Why is this ticker still running as OTC with PCO (Robinhood) ? PureTech Holding is taking over this company .2 pps .
Genesis Lease Ltd. changed to Genesis Holdings Inc.
https://otce.finra.org/otce/dailyList?viewType=Additions
You are posting at the wrong stock here. It should be Gelesis Holdings not Genesis Leasing ...
GLS changed to GLSH. Delisted from the NYSE to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
$GLS: Sold them all here at 0.25
THankkkkkkkkkkkkk youuuuuuuuuuuuuuuuuuuuuuuuuuuuuu
GO $GLS
$GLS: Added 100k here at $0.16
Letsssssssss goooooooooooooooooo babyyyyyyyyyyyyyyyyyyyyyyyyyyy
GO $GLS
Anyone following this company. Posted a lot on Yahoo - but thinking of switching to this board and bring my friends with me.
In short GLS is on a run - not selling until the trend is broken.
good mng gls-------------how we loooking here
2008 and Revised 2007 Passive Foreign Investment Company ('PFIC') Annual Information Statements Now Available on Genesis Lease L
SHANNON, Ireland, March 20 /PRNewswire-FirstCall/ -- Genesis Lease Limited (NYSE:GLS) today announced the availability of its 2008 PFIC Annual Information Statement, which has been posted on its website. In addition, a revised 2007 PFIC Annual Information Statement is posted on the Company's website.
Genesis Lease Limited is a PFIC for U.S. Federal income tax purposes and therefore U.S. holders are subjected to special tax rules.
U.S. shareholders are advised to consult their tax advisors with respect to the 2008 and the revised 2007 PFIC Annual Information Statements.
Genesis will maintain a policy of posting the PFIC annual shareholder information statement on its corporate website at http://www.genesislease.com/ to assist U.S. holders in their tax reporting.
Genesis Lease Presentation from J.P. Morgan Aviation & Transportation Conference Available on Company Website
SHANNON, Ireland, March 10 /PRNewswire-FirstCall/ -- Genesis Lease Limited (NYSE:GLS) today announced that John McMahon, Chief Executive Officer, will make a presentation at the J.P. Morgan Aviation & Transportation Conference on Tuesday, March 10, 2009 at 3:00 p.m. Eastern Time at the J.P. Morgan Conference Center at 383 Madison Avenue in New York City. The presentation slides will be available on the "Events & Recent Company Announcements" section of the Genesis Lease website at http://www.genesislease.com/ at 4:00pm Eastern Time today.
Genesis Lease Declares Dividend on Its Common Shares
Wednesday February 25, 2009, 10:20 am EST
Buzz up! Print Related:Genesis Lease Limited
SHANNON, Ireland, Feb. 25 /PRNewswire-FirstCall/ -- Genesis Lease Limited (NYSE: GLS - News) announced that its Board of Directors declared a dividend of $0.10 per outstanding Common Share for the fourth quarter of 2008. The dividend is payable on March 23, 2009 to shareholders of record as of the close of business on March 11, 2009.
Related Quotes
Symbol Price Change
GLS 2.51 -0.34
About Genesis Lease Limited
Genesis Lease Limited is a global commercial aircraft leasing company that is headquartered in Shannon, Ireland. Genesis acquires and leases modern, operationally efficient passenger and cargo jet aircraft to a diverse group of airlines throughout the world. Genesis leverages the worldwide platform of GE Commercial Aviation Services Limited, or GECAS, to service its portfolio of leases.
Genesis's common shares, in the form of American Depositary Shares, are listed on the New York Stock Exchange under the symbol "GLS."
GLS-F
Contact Information
For further information please contact:
Alan Jenkins
Chief Financial Officer
Genesis Lease Limited
Shannon, Ireland
Tel: +353-61-233-300
alan.jenkins@genesislease.com
Jeffrey Goldberger
KCSA Worldwide
New York, NY 10017
Tel: +1-212-896-1249
jgoldberger@kcsa.com
Genesis Lease profit rises 67 percent
Aircraft leasing company Genesis Lease reports 67 percent rise in 4Q earnings
Wednesday March 4, 2009, 2:43 pm EST
Buzz up! Print Related:Genesis Lease Limited
SHANNON, Ireland (AP) -- Aircraft-leasing company Genesis Lease Ltd. said Wednesday its fourth-quarter profit rose 67 percent, helped by an increase in revenue and a gain from buying back securitized debt.
Chief Executive John McMahon said the company amended a $1 billion credit facility to resolve a dispute with lenders over covenants. The changes will lead to higher fees but confirm access to borrowing, he said.
Genesis said it earned $10.7 million, or 30 cents per share in the quarter, compared with $6.4 million, or 18 cents per share, a year earlier.
The profit included a gain of $6 million from the repurchase of securitization debt, offset by a cost of $6.4 million for termination of leases including downtime and cost of re-marketing them and other items.
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4230 Atlantic Avenue
Westpark
Shannon,
Ireland - Map
Phone: 353 6 123 3300
Fax: 353 6 136 4642
Web Site: http://www.genesislease.com
DETAILS
Index Membership: N/A
Sector: Services
Industry: Rental & Leasing Services
Full Time Employees: NaN
BUSINESS SUMMARY
Genesis Lease Limited, an aviation company,
engages in the acquisition and leasing of commercial jet aircrafts and other aviation assets worldwide.
Its aircraft are leased under long-term contracts to a diverse group of airlines.
As of December 31, 2008, the company's portfolio consisted of 54 aircraft,
including 50 in operation with 34 airlines located in 19 countries.
Genesis Lease Limited was founded in 2006, incorporated in Bermuda ,
and is headquartered in Shannon, Ireland.
We acquire and lease high-utility commercial jet aircraft to passenger and cargo airlines around the world.
Our focus is on modern, operationally efficient jets with large operator bases and long useful lives.
We employ the worldwide platform of GE Commercial Aviation Services (GECAS) to service our portfolio of leases,
allowing our management to focus on executing our growth strategy.
GECAS is one of the world’s leading servicers of commercial aircraft,
with a portfolio that includes more than 1,400 owned aircraft and almost 300 managed aircraft.
It has relationships with more than 225 airline customers in over 70 countries and operates through 23 global offices.
Our management team has extensive experience in aircraft finance and leasing,
business development and all aspects of aircraft asset management.
The aviation industry has experienced an increasing trend towards "leasing-in" capacity
whereby airlines are leasing a portion of their aircraft fleets from third parties rather than purchasing the aircraft.
Leased-in aircraft accounted for approximately 33% of all airlines fleet capacity in 2005 compared to approximately 3% in 1980
and is set to grow significantly over the next decade.
Shares Outstanding:
34.34 million
Dec. 31
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