Reddy Ice (fka RDDYQ)

[lifter]

been watching this decline but heavily in another turd EK so wary of getting in here at .33

[sterlingkuning]

added FRZ below .4

[pj McMulligan]

Yall adding down here? Looks like she getting ready to pinch...

[Globaltrnr]

They keep bleeding this thing..

[sterlingkuning]

FRZ new low .391

[sterlingkuning]

FRZ oversold imo, low float

[Globaltrnr]

seems to be..

[ArchiH]

Bounce off .39?

[sterlingkuning]

FRZ new low .46

[Globaltrnr]

So they must have a plan ...

[Globaltrnr]

This means they have to maintain $1.00 per share..

[Globaltrnr]

Reddy Ice Holdings, Inc. (NYSE: FRZ) ("Reddy Ice" or the "Company") today announced receipt of notice that the New York Stock Exchange ("NYSE") accepted the Company's plan for continued listing.

As a result, the Company's stock will continue to be listed on the NYSE, subject to quarterly reviews by the NYSE's Listing and Compliance Committee to ensure the Company's progress toward its plan to restore compliance with continued listing standards. On September 27, 2011, the Company announced that it was below continued listing criteria because its average global market capitalization over a consecutive 30 trading-day period and total stockholders' equity were each less than $50 million.

Despite the NYSE's acceptance of the Company's plan for continued listing, the Company remains at risk of non-compliance with other applicable NYSE continued listing requirements, including the NYSE's $1.00 average share price requirement. If the Company fails to comply with the average share price requirement, the Company will be required to achieve a $1.00 share price and a $1.00 average share price over a 30 day period within six months of the notification letter from the NYSE.

In addition, the Company is required to comply with the NYSE's minimum global market capitalization standard, which requires the Company to maintain an average global market capitalization of at least $15 million over a consecutive 30 trading-day period. Failure to maintain compliance with this requirement would result in the NYSE promptly initiating suspension and delisting procedures.

[stockmaker05]

From today's PR...OUCH!

The Company's net income was $4.9 million in the third quarter of 2011, compared to net income of $9.0 million in the same period of 2010. Net income per diluted share was $0.21 in the third quarter of 2011 compared to net income per diluted share of $0.39 in the same period of 2010. In the first nine months of 2011, the Company's net loss was $36.2 million, compared to a net loss of $11.5 million in the same period of 2010. Net loss per share was $1.59 in the first nine months of 2011, compared to a net loss per share of $0.51 in the same period of 2010.

[$King]

FRZ @ .72 ... LOD .672

[sterlingkuning]

FRZ, interesting movement today low float

[airbus300]

Bear raid. Down to 68 cents.

[sterlingkuning]

FRZ down 26%+ on delisting warning....
low float

DALLAS, Sept. 27, 2011 /PRNewswire/ -- Reddy Ice Holdings, Inc. (NYSE: FRZ) ("Reddy Ice" or the "Company") announced today that the Company had been notified by NYSE Regulations, Inc. that it is not in compliance with one of the continued listing standards of the New York Stock Exchange (the "NYSE").
Reddy Ice is considered below the continued listing criteria established by the NYSE because the Company's total market capitalization has been less than $50 million over a consecutive 30 trading-day period and its last reported shareholders' equity was less than $50 million.
In accordance with NYSE procedures, Reddy Ice has 45 days from the receipt of the notice to submit a plan to the NYSE demonstrating how it intends to comply with the NYSE's continued listing standards within 18 months. Upon receipt of the Company's plan, the NYSE will review and determine whether the Company has made a reasonable demonstration of its ability to come into conformity with the relevant standards within the 18 month period. The NYSE will either accept the plan, at which time the Company will be subject to ongoing monitoring for compliance with this plan, or the NYSE will not accept the plan and the Company will be subject to suspension and delisting proceedings. As required by the NYSE's rules, the Company plans to notify the NYSE within 10 days of receipt of the non-compliance notice of the Company's intent to submit a plan to remedy its non-compliance.
The Company's common stock remains listed on the NYSE under the symbol "FRZ," but will be assigned a ".BC" indicator by the NYSE to signify that the Company is not currently in compliance with the NYSE's continued listing standards. The Company is required to maintain compliance with other applicable NYSE continued listing requirements, including the minimum global market capitalization standard, which requires the Company to maintain an average global market capitalization of at least $15 million over a consecutive 30 trading-day period. Failure to maintain compliance with this requirement would result in the NYSE promptly initiating suspension and delisting procedures. On September 26, 2011, Reddy Ice's common stock had a closing price of $1.63 per share, equating to a market capitalization of approximately $38.1 million.

[sterlingkuning]

3.16 is the 50 day, looking for possible entry

[sterlingkuning]

Two huge buys today @ 3.63 - probably "prearranged".

[Pro-Life]

This week sees a correction after last Friday's jump.

[Mister_Profit]

really hope you all jumped in this one! just incredible gains so far. this is one ya didn't want to miss.

[Mister_Profit]

Reddy Ice Rallies As DOJ Won't Act Against It In Probe

Font size: A | A | A
1:21 PM ET 10/29/10 | Dow Jones
RELATED QUOTES

1:24 PM ET 10/29/10
Symbol Last % Chg
FRZ
2.50 15.51%
Real time quote.

DOW JONES NEWSWIRES

Reddy Ice Holdings Inc. (FRZ) said Friday the Department of Justice will take no action against the company or its employees in connection with an investigation of the packaged ice industry.

Shares jumped 22% to $2.63 in recent trading. The stock has plunged this year as the country's No. 1 packaged ice seller has struggled with weak quarterly results and high leverage levels. Moody's Investors Service downgraded it to the brink of highly speculative territory in August.

Reddy Ice has been the subject of a Justice Department price-fixing probe by the agency for years. In November 2008, it disclosed the agency's civil fraud division was looking into whether the company violated the federal False Claim Act by getting "supracompetitive prices" from the federal government in connection with government contracts.

-By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; [e-mail]

[zsvq1p]

Reddy Ice Achieves Compliance with NYSE Listing Standards

MAY 18, 2010 - DALLAS, TEXAS – Reddy Ice Holdings, Inc. (NYSE:FRZ) ("Reddy Ice" or the "Company") announced today that on May 14, 2010, Reddy Ice received notification from the New York Stock Exchange ("NYSE") that the Company is now considered a "company back in compliance" under the NYSE's continued listing standards. Further, the NYSE has removed Reddy Ice from its "Watch List." Reddy Ice's reinstatement to listing compliance is due to the Company's consistent and positive performance measured against a business plan submitted to the NYSE, as well as its compliance with the Exchange's minimum market capitalization standard. The Company will be subject to a 12-month follow-up period to ensure that it remains in compliance with the NYSE's continued listing standards, as well as being subject to its normal monitoring procedures.

[zsvq1p]

Reddy Ice Announces Expiration of Its Exchange Offer and Consent Solicitation for 10 1/2% Senior Discount Notes Due 2012

Reddy Ice Announces Expiration of Its Exchange Offer and Consent Solicitation for 10 1/2% Senior Discount Notes Due 2012

PR Newswire

DALLAS, March 22

DALLAS, March 22 /PRNewswire-FirstCall/ --

Reddy Ice Holdings, Inc. (NYSE: FRZ) (the "Company") announced today the expiration of the exchange offer and consent solicitation (the "Exchange Offer") by Reddy Ice Corporation, a Nevada corporation and wholly-owned subsidiary of the Company ("Reddy Corp"), for the Company's outstanding 10 1/2% senior discount notes due 2012 (the "Old Notes"). The Exchange Offer expired at 12:00 midnight, New York City time, on March 19, 2010 (the "Expiration Date"). On or prior to the Expiration Date, tenders and consents had been received with respect to approximately 92.2% of the outstanding aggregate principal amount of the Old Notes.

Upon the acceptance of the Old Notes for exchange, holders of Old Notes who provided valid tenders and consents after the early tender date but on or prior to the Expiration Date will receive $1,000.00 principal amount of new 13.25% senior secured notes due 2015 of Reddy Corp for each $1,000.00 principal amount of their Old Notes that are accepted for exchange. Reddy Corp expects to accept for exchange the Old Notes validly tendered after the early tender date but on or prior to the Expiration Date on March 24, 2010.

Following the Exchange Offer, there will be a total of $11.7 million aggregate principal amount of Old Notes outstanding.

[zsvq1p]

Reddy Ice Announces Closing of Financing Transactions

Reddy Ice Announces Closing of Financing Transactions

PR Newswire

DALLAS, March 15

DALLAS, March 15 /PRNewswire-FirstCall/ --

Reddy Ice Holdings, Inc. (NYSE: FRZ) (the "Company") announced today that Reddy Ice Corporation, a Nevada corporation and wholly-owned subsidiary of the Company ("Reddy Corp"), has completed financing transactions which refinance substantially all of its outstanding debt.

Reddy Corp closed its offering of $300 million aggregate principal amount of 11.25% Senior Secured Notes due 2015 (the "First Lien Notes") to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The issue price was 100% of the principal amount of the First Lien Notes.

Reddy Corp used the proceeds from the sale of the First Lien Notes to refinance its existing indebtedness, including all outstanding indebtedness under Reddy Corp's existing credit facility, and to pay estimated fees and expenses in connection with the transactions, with the balance retained for general corporate purposes.

Reddy Corp has also issued $137.6 million aggregate principal amount of 13.25% Senior Secured Notes due 2015 (the "Second Lien Notes" and together with the First Lien Notes, the "Notes") to qualified institutional buyers in the United States pursuant to Rule 144A and institutional "accredited investors" as defined in Rule 501(a) under the Securities Act in connection with the exchange offer and consent solicitation by Reddy Corp for the Company's outstanding 10 1/2% Senior Discount Notes due 2012 (the "Old Notes"). In connection with the issuance of the Second Lien Notes, $136.9 million in aggregate principal amount of the Old Notes were exchanged. Upon the issuance of the Second Lien Notes, the amendments to the indenture governing the Old Notes contained in the supplemental indenture dated March 3, 2010, between the Company and U.S. Bank National Association became operative.

Finally, the Company announced today that Reddy Corp has entered into a credit agreement with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the "Credit Agreement"). The Credit Agreement provides for a new $35 million revolving credit facility which may be used by Reddy Corp for working capital and general corporate purposes. Under the Credit Agreement, Reddy Corp has the right to request the aggregate commitments to be increased to $50 million, provided certain conditions are met. None of the lenders are obligated to provide such additional commitments.

The Notes have not been registered under the Securities Act or any state securities laws, and will be offered only to qualified institutional buyers in reliance on Rule 144A and in offshore transactions pursuant to Regulation S under the Securities Act, in the case of the First Lien Notes, and to qualified institutional buyers in Reliance on Rule 144A and institutional "accredited" investors inside the United States and in offshore transactions pursuant to Regulation S under the Securities Act, in the case of the Second Lien Notes. Unless so registered, the Notes may not be offered or sold in the United States without registration or an applicable exemption from registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

[zsvq1p]

Humm.. When or if... should we get back in?

[Rainman21]

considering the new credit rating dished out from S&P, id say taking some shares off the table for profit isnt a bad idea, but who knows.....what can we expect now??

[zsvq1p]

No you didn't... lol
can't win them all!
I think I'm gonna take a profit soon...

[BRIG_88]

FRZ green...out of my shares but have my call options...i didn't trade this very well at all did i?

[BRIG_88]

FRZ now only down 4 cents?....hmmmmm...this could get interesting

[BRIG_88]

FRZ coming back now....nice....who knows maybe my calls pan out?

[BRIG_88]

I'm still holding some dirt cheap June calls on FRZ but i doubt they ever produce a return

[zsvq1p]

Likely fear due to interest rate increases..

the whole market may be off today.

[BRIG_88]

I sold on the open and made a few bucks...the company is floating 300m worth of notes....it's had quite a run...i'm going to sit out and watch it for awhile.

[Rainman21]

interesting open....i thought we'd be higher, we still might.....we've had such a run lately, looks like lot of traders wanted to get in for the earnings pop and sell on the news....problem is when they all went to sell not a lot were buying

once they get shaken out, where do we see this settling

[BRIG_88]

Not bad considering how tough it is to sell ice in winter...lol

[zsvq1p]

In the fourth quarter of 2009, one acquisition was completed with an aggregate acquisition cost of approximately $1.1 million. Annual revenues and Adjusted EBITDA associated with this acquisition were approximately $1.7 million and $0.4 million, respectively. The Company continues to evaluate acquisition opportunities as part of its ongoing acquisition strategy.

[zsvq1p]

The consensus of the 1 analysts covering FRZ for 4th quarter 2009 is a per share value of USD ($.26) and the company came in at...($.09)

Diluted net income per share was $0.19

Better then a poke in da eye...

[zsvq1p]

Reddy Ice Reports Fourth Quarter and Full Year 2009 ResultsFont size: A | A | A7:30 AM ET 2/19/10 | PR Newswire
Reddy Ice Holdings, Inc. (NYSE: FRZ) today reported financial results for the fourth quarter and full year ended December 31, 2009.

Revenues for the fourth quarter of 2009 were $54.7 million, compared to $57.9 million in the same quarter of 2008. The Company's net loss was $2.0 million in the fourth quarter of 2009, compared to a net loss of $9.8 million in the same period of 2008. Net loss per share was $0.09 in the fourth quarter of 2009 compared to a net loss per share of $0.44 in the same period of 2008. Included in the fourth quarter 2009 results are a $5.0 million insurance recovery, net of costs, related to the ongoing antitrust investigations and related litigation and a $0.6 million net gain realized in connection with an acquisition. Included in the fourth quarter 2008 results were $3.6 million of costs related to the antitrust investigations and related litigation.

Adjusted EBITDA, defined as earnings before interest, taxes, depreciation and amortization, and the effects of certain other items was $1.9 million in the fourth quarter of 2009 versus $2.0 million in the same period of 2008. Available Cash for the fourth quarter of 2009 was negative $3.4 million compared to negative $2.1 million in the same period of 2008. A discussion regarding the presentation of Adjusted EBITDA and Available Cash in this press release, including reconciliations of Adjusted EBITDA to EBITDA and net income (loss) and the calculation of Available Cash, is set forth below in the section titled, "SUPPLEMENTAL DISCLOSURE REGARDING NON-GAAP FINANCIAL INFORMATION."

"Our fourth quarter results continued to be adversely impacted by general economic conditions and unfavorable weather patterns," commented Chairman of the Board, Chief Executive Officer and President Gilbert M. Cassagne. "However, we are continuing to pursue growth and efficiency opportunities and expect those efforts to contribute to our results in 2010."

Revenues for the full year of 2009 were $312.3 million, compared to $329.3 million in 2008. The Company's net income was $4.2 million for the full year 2009, compared to a net loss of $120.4 million in 2008. Diluted net income per share was $0.19 for the full year 2009, compared to a net loss per share of $5.47 in 2008. Included in the full year 2009 results are a $0.9 million insurance recovery, net of costs, related to the ongoing antitrust investigations and related litigation and a $0.6 million net gain realized in connection with an acquisition. Included in the results for the full year 2008 are a gain of $17.0 million related to the termination of the merger agreement between the Company and affiliates of GSO Capital Partners LP ("GSO") on January 31, 2008, a gain of $1.0 million related to the settlement of a property insurance claim, $15.5 million of costs related to the ongoing antitrust investigations and related civil litigation, $0.8 million of costs related to the GSO transaction and the related stockholder litigation and a non-cash charge of $149.9 million related to the impairment of assets in the third quarter. The non-cash asset impairment charge is comprised primarily of $149.7 million reduction in the value of the Company's goodwill recognized in the three months ended September 30, 2008. The evaluation of the Company's goodwill and resulting write-down was triggered by the decline in the Company's stock price during the three months ended September 30, 2008.

Adjusted EBITDA was $65.8 million for the full year of 2009 versus $68.5 million in 2008. Available Cash for the full year of 2009 was $28.7 million compared to $50.8 million in 2008.

In the fourth quarter of 2009, one acquisition was completed with an aggregate acquisition cost of approximately $1.1 million. Annual revenues and Adjusted EBITDA associated with this acquisition were approximately $1.7 million and $0.4 million, respectively. The Company continues to evaluate acquisition opportunities as part of its ongoing acquisition strategy.

[BigDummy39]

I've joined you with a few thousand shares. Let's hope for some good news on Friday.

[zsvq1p]

ok now.. buying on these dips... cross'n my fingers...

[BRIG_88]

FRZ thawing a bit today....still holding it

[BRIG_88]

FRZ prints 6 clams

[Rawnoc]

6 clams about to break.

[BRIG_88]

FRZ? 5.97? Anyone? Hello?

[Rawnoc]

Very close to new 52 week high.

[Rawnoc]

Wise.....FRZ going higher and higher today.

[Fishin' Canuck]

I'll take your word for it, I know less than you about charts

[BRIG_88]

I'm not a chartist but i showed it to several posters who are and they say it's a thing of beauty

[Fishin' Canuck]

ROFL!

I like that ending.