The Hastings Group purchased them a while back. Read the linked press release. A broker friend of mine researched this for me (out of his curiosity more than mine) and sent me the link. His own opinion was that is was interesting. I read some time ago online somewhere that they are a lean manu. firm. Unless this firm spins them off, this stock is stuck in a holding pattern IMO.
Investors are advised that OTC Markets Group has been unable to contact or confirm the location of this company. If you have current contact information, please complete the Update Company Information Form or send an email to email@example.com. Financial Reporting/Disclosure Reporting Status Alternative Reporting Standard Deregistered a/o Nov 19, 2003 Audited Financials Not Available Latest Report Not Available Regulatory Agency Not Available CIK 0000046109 Fiscal Year End Not Available OTC Market Tier OTC Pink No Information Profile Data SIC - Industry Classification 2899 - Chemical preparations, misc Incorporated In: MI, USA Year of Inc. Not Available Employees Not Available Company Officers Mark Johnson CEO Andrew F. Johnson President Thomas J. Bellgraph CFO Company Directors Not Available Service Providers Auditor/Accountant Not Available Legal Counsel Not Available Investor Relations Firm Not Available HGMG Security Details Share Structure Market Value1 Not Available Shares Outstanding Not Available Float Not Available Authorized Shares Not Available Par Value 2 Shareholders Shareholders of Record Not Available Corporate Actions Ex. Date Record Date Pay Date Dividend () Nov 15, 2000 Nov 17, 2000 Dec 15, 2000 Security Notes Latest Block Issue=April 1950 177,991 shs at $6 by F. Eberstadt & Co., et al. Purchase Offer=12-82 by company at $16 per sh up to 370,000 shs. Offer expired 1-28-83 Capital Change=Capital Change=shs increased by 2 for 1 split. . Ex-date=03/24/1998. Rec date=03/02/1998. Pay date=03/23/1998. Short Selling Data Short Interest 0 (-100%) May 14, 2010 Significant Failures to Deliver No Transfer Agent(s) State Street
Actually they were bought up by an investment group as part of the settlement to avoid going through the full BK proceedings and subsequently taken private. I can look later on tonite and see if I can piece it back together again like I did back in 12/06 when I started this thread <gg>
I see some 8K's where they delisted and refused to file 10K 10Q SEC reports but they stated in those filings they were going to be trading on the pink sheets. Generally one sees information on pink sheets when a company has filed for bankruptcy. Also there is no "Q" notation like seen with bankrupt stocks.
Can you find any public information that shows they went bankrupt or their assets were sold off?
I find it funny when this happens that the public company that was such a failure becomes such a success when it goes private.
In looking at the referenced web site it does give you the impression they may not be public as no reference to a stock symbol exists.
It went BK- assets were bought out- now privately held. I live just a few blocks from the place :-/ hence the lack of follow up in the ibox. Been trading phantom shares for past 3-4 years. Talked to the CEO one day and was telling him of the shares being traded and his reply was essentially that he's not sure who is trading shares but the shares being swapped are not theirs... Also, no, they are not contemplating going public at this time. To bad too, they are really going gang busters