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hmm sounds like rumble in the Arbx jungle:
"Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Arbinet Corporation (“Arbinet”) (NASDAQ:ARBX) related to the Company’s agreement to be acquired by Primus Telecommunications Group Incorporated (“Primus”) in a proposed stock for stock transaction."... "The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Arbinet’s board of directors."
"I personally want to know what that gal is up to. You just don't go buying into a company like she does without a set plan...And they all may intertwine?"
i suppose i can´t add something new to your knowledge regarding this whole singer topic.
just a few thoughts:
-from 2005 and their involvement in "Mobile Satellite Ventures" / "Motient Corp." (chaired by S.Singer) they are kind of specialised on telecomm. companies - it seems they know very influential people within the telecomm. business scene since then...
- the common denominator for Singer´s transactions is/was buying in small telecommunications companies which all get bought from bigger ones sooner or later... (sometimes they did even own shares of the aquirer - companies) - so they must have first-class sources for their info:
as in case of:
- KPN B.V --> iBasis 2004
- RCN Corp. --> Neon Communications (former Globix) 2007
- Primus Telecom (PMUG) --> Arbinet (Arbx) 2010
- Evol --> ???? ????
this should be proof enough to see that there is a clear pattern....
don´t know what the future will hold for EVOL and LVWR but you don´t need to be a clairvoyant to figure this out
so my statement is that i´m sure something will happen in the next 2/3 years but i´m not so sure if all companies she bought in are or will be connected together - maybe i´m wrong and we will see a big "umbrella company" which is specialized on various internet and telecommunication services...integrating pmug, arbx, lvwr and evol - but it seems more reasonable at this moment to expect another "single" buyout/merger/aquisition for evol/lvwr
all in my decent opinion of course
btw. where´s scov?? would be nice to here from him... say hello if you see him...
I think it's fine here....
unless we get told otherwise.
She is a major shareholder of EVOL so she becomes an allowed topic.
I personally want to know what that gal is up to. You just don't go buying into a company like she does without a set plan...And they all may intertwine?
hm don´t know how evol fits in this scenario, could it be that Evol shares were only bought by (the) Singer(s) because she/they speculated on a good performance in the future??
guess you never know- crazy things can happen - especially when it comes to Gary, Karen and Steven
But what is going to be interesting in the future is that a similar acquisition could take place twith LVWR; there aren´t many obstacles in Singers way, when dealing with Livewire... there are even less barriers to be expected, since they released their NOL Protective Measures: "... Under the NOL Protective Measures any person, company or investment firm that wishes to become a "5% shareholder" of Livewire Mobile, Inc. must first obtain a waiver from the Company's board of directors. In addition, any person, company or investment firm that is already a "5% shareholder" of Livewire Mobile, Inc. cannot make any additional purchases of Livewire Mobile, Inc. stock without a waiver from the Company's board of directors."...
when it really comes to any kind of buyout, i just hope it will not be such a dubious offer like the Pmug-Arbx thing today.
btw. sorry for being a bit off topic today; maybe we(you) should create a exclusive "Singer´s board" or something like that for discussing all Singer related stuff there... what do you think?
So she actually pulled off something? Why wasn't I alerted?
Or maybe I was... and forgot?
Age, ya know. ;)
EDIT: OHHHHHHHHH. I see.....
we are talking about what Buzz was talking about a bit ago.
My bad!
Now to figure out if it fits into anything going on with EVOL?
thanks for the info Buzz
what a complete farce... Pmug´s offer is ridiculous imho; glad that I don´t own shares of Arbx. Singer holds many shares in both companies so it´s very likely that she (her husband) should be behind this merger - wondering how this will play out...
Singing Today ?
Primus & Arbinet enter into definitive merger agreement
(cant remember who owns shares in both....)
I'm thinking where IS support and I hope it isn't the gap -or maybe I hope it is the gap? LOL! I would like to buy EVOL back someday. Own it before Karen sets her manipulation plan into action - whatever that might be?
As for Dad - WOOHOO - Home today and quite the pistol. LOL
Told me how to drive all the way home, as Mom rolled her eyes in the back seat. ;)
I'll know more on the Chemo next week. Off hand looks like six months - then surgery to reconnect it all and then we simply cross our fingers to see if the Doc is as much a scholar as we hoped. I don't know if I mentioned it but his Doc graduated highschool at 12, Did pre med, and started med school by 16.
16!
When all of us were running around crazy begging for our first car, so we could drive instead of take the bus to school. LOL
Pretty damn amazing.
Also you are 100% correct. Times have changed. Cancer has changed if we catch it early -
SO!
and Cuz I luv ya, my longterm buddy Scov - GET your colonoscopies. ;)
This was his first one. At 76 years old! That's just stupid. He didn't need to go thru this. It could have been a small pea and not a mass because it was actually non agressive and slow growing.
So be sure to keep up with that.
So, where the toot is resistance?
Does reflection in the mirror indicate… EVOL / LOVE ? Hummm?
.
.
Otherwise, and most important, when it comes to Support and Resistance….where is Dad? Did he get to come home today?
Damn J, matters are further along and more critical than I thought. Heck, I wasn’t aware that surgery had already become necessary.
While best thoughts and wishes continue uninterrupted with what’s at hand in real-time also thinking on the upside it’s nice to have the technology available today. As unpleasant as this is today, and functioning with it afterwards tomorrow will continue to be, thinking the struggles would have been so much more severe just 50 years ago...when He was young. Only having to “bag it” for six months or so until the reconnections may hopefully be restored compared to what 50-years ago…6 to 12 months to Live?
Tell him that following popularity of the game show Deal or No Deal’s host Howie Mandel showing up with a shaved head that having a shaved bald headed is Hip! Tell him to get an ear stud and a couple tattoos and no one will suspect a thing … :o).
Q3 EPS 15c vs 13c Misses 16c Est
Thursday , November 04, 2010 17:28ET
QUARTER RESULTS
Evolving Systems Inc (EVOL) reported Q3 results ended September 2010. Q3 Revenues were $9.20M; -7.16% vs yr-ago; MISSING revenue consensus by -9.54%. Q3 EPS was 15c; +15.38% vs yr-ago; MISSING earnings consensus by -6.25%.
Q3 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $9.20M $9.91M -7.16% $10.17M -9.54%
---------- ------------ ------------ ---------- ------------ ----------
EPS: 15c 13c +15.38% 16c -6.25%
---------- ------------ ------------ ---------- ------------ ----------
EVOL: To Release Q3 Results Nov 04 [AMC]
Wednesday, November 03, 2010 13:00ET
Evolving Systems Inc (Nasdaq SC: EVOL) is scheduled to release its Q3 financial results on November 04, 2010, after the close of the market (AMC).
CONSENSUS ESTIMATES:
Q3 Revenue: $10.17 million
Q3 EPS: $0.16 per share
PREVIOUS PERIOD:
Prev Q3 Revenue: $9.91 million
Prev Q3 EPS: $0.16 per share
ADDITIONAL INFORMATION
Original Confirmation
The Company will also hold a related conference call to discuss these results.
3Q earnings 11-04-10 AMC
Evolving Systems Sets Date for 2010 3rd Quarter Release and Conference Call
Tuesday , October 26, 2010 07:45ET
ENGLEWOOD, CO -- (Marketwire) -- 10/26/10 -- Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced it will release its 2010 third quarter financial results after the market closes on November 4, 2010, and conduct a conference call the same day at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time).
The call-in numbers for the conference call are 1-877-303-6316 for domestic toll free and 650-521-5176 for international callers. The conference ID number is 19062479.
A telephone replay will be available through November 11, 2010, and can be accessed by calling 1-800-642-1687 or 1-706-645-9291, conference ID number 19062479.
To access a live Webcast of the call, please click the webcast icon at the top of the home page of Evolving Systems' website at www.evolving.com. A replay of the Webcast will be accessible at that website through November 11, 2010.
About Evolving Systems
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to more than 70 network operators in over 40 countries worldwide. Its portfolio includes market-leading products for Service Activation, Service Verification, Dynamic SIM Allocation, Number Portability, Number Inventory and Mediation solutions. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, Germany, India and Malaysia. Further information is available on the web at www.evolving.com
--------------------------------------------------------------------------------
With Singer it's all related - we just don't know how yet.
http://ir.10kwizard.com/filing.php?ipage=7011843&rid=23&attach=ON&doc=1&source=1385&exp=Karen singer
Here's an interesting one off of the board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53231371&txt2find=primus
Welcome to the board
Please delete my posts
Thanks - was just a singer story not directly related
Think about singer
Related how?
Evolving Systems Named Colorado's Fastest Growing Public Company
Thursday , October 14, 2010 08:00ET
ENGLEWOOD, CO -- (Marketwire) -- 10/14/10 -- Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, has been featured by the Denver Business Journal (DBJ) as Colorado's #1 fastest growing public company in terms of profitability.
The Denver Business Journal article featuring Evolving Systems cited the Company's over 700% net income growth -- from $600,000 to $4.8 million -- between 2007 and 2009. The article referenced Evolving Systems' new product offering in the growing, worldwide connected-devices market and other strategic initiatives as drivers in the Company's bottom-line success. The article is available at the following link:
http://denver.bizjournals.com/denver/stories/2010/10/11/focus1.html?surround=etf&ana=e_article&b=1286769600^4060851
Thad Dupper, chairman and CEO of Evolving Systems, said, "We are pleased to rank at the top of the DBJ's list of Colorado's fastest growing public companies, particularly when you consider the other companies on the list included Liberty Media, Chipotle and IHS to name a few. I would like to thank all of our employees -- it is their hard work and dedication that made this number one ranking a reality. In recent years we have strengthened our balance sheet, invested heavily in new product development and expanded into the emerging markets. These initiatives have translated to a significantly improved bottom line. We're happy to say we have extended our profitability into 2010 and look forward to continued success."
About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to more than 70 network operators in over 40 countries worldwide. Its portfolio includes market-leading products for Service Activation, Service Verification, Dynamic SIM Allocation, Number Portability, Number Inventory and Mediation solutions. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, Germany, India and Malaysia. Further information is available on the web at www.evolving.com.
Premier US Carrier Selects Evolving Systems' NumeriTrack(R) Solution
Monday , October 04, 2010 08:00ET
ENGLEWOOD, CO -- (Marketwire) -- 10/04/10 -- Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that a major US carrier has selected the Company's number resource management solution, NumeriTrack®, to replace its current legacy system.
Increasingly operators around the world are facing fierce competition from new services provided by wireless and cable operators. At the same time, they are preparing for an explosive wave of new classes of connected devices, such as e-readers and tablets, as well as M2M systems. With the projection that the Connected Devices market may grow upwards of 50 billion devices in the next 10 years, carriers need a proven and flexible number management and assignment system to efficiently and effectively assign new numbers to this new device class.
After a competitive evaluation, this tier-1 carrier selected Evolving Systems' NumeriTrack solution as best fit for the number management needs for today as well as tomorrow. Replacing the existing legacy system with Evolving Systems' NumeriTrack solution will expand the carrier's current capabilities by allowing more flexible, efficient regulatory reporting and more comprehensive access to number utilization and trend data across the enterprise.
"Evolving Systems has had the good fortune to have worked with this customer for over ten years, helping them address their number management and number portability needs. Today's order for our NumeriTrack solution is another step forward in our partnership as we work with this carrier to upgrade their number assignment capabilities," said Thad Dupper, Chairman and CEO of Evolving Systems. "With the arrival of the Connected Devices opportunity many carriers are beginning to question whether they will be in a position to capture this business -- and just as importantly will they have assignable numbers available to activate this upsurge in devices. Our customers recognize the flexibility and scalability that our NumeriTrack solution provides in allowing them to address these changes now and in the future."
Evolving Systems' NumeriTrack solution is now deployed across four continents supporting today's and tomorrow's number management demands.
Wow EVOL - nice news and volume today ...
it will boost through resistance soon imo
Holding, Holding, Holding, let’s keep those Doggies Moving…RawHide!
Finviz's EVOL chart still looking good, not breaking support yet, aye? :o)
Otherwise and OT...I'm thninking ADY needs to breath ... burst her Pinch… #msg-53771656 ?
Unlike CPST that’s just now starting to perhaps overtake ADX-35, and most likely do just fine in time, ADY’s ADX is in the 70ies. Something’s got to break open there, aye?
I actually thought the PPS might see lower $6's but, hummmm?
Long Live EVOL/LOVE!!!
Karen has done very well for herself and for her family, aye?
Yep. Not bad for a "homemaker" LOL
She can adopt me.
Evol sure isn't hurting since she entered the picture - so she can't be that bad.
Me? LOL!
That’s a new site for me, I’ve never even heard of it before. I like how it included a map. Interesting yet a bit scary though how it also included the names of other family members suspected to also reside there.
Karen has done very well for herself and for her family, aye?
Karen, keep fighthing the good fight for EVOL and LVWR!
Interesting "open secrets"...!?! :
SINGER, BRAD C, (Zip code: 07626) $1000 to HOLLINGS FOR SENATE on 11/05/03
SINGER, KAREN SUE, (Zip code: 07626) $1000 to HOLLINGS FOR SENATE on 11/05/03
Singer, Brad, (Zip code: 07626) $2500 to NATIONAL LEADERSHIP PAC on 08/20/04
SINGER, BRAD
CRESSKILL, NJ 07626
HRH CONSTRUCTION CORP/EXECUTIVE LAUTENBERG, FRANK R (D)
Senate - NJ
LAUTENBERG FOR SENATE $300
primary 04/20/08
SINGER, KAREN
CRESSKILL, NJ 07626
NONE/HOMEMAKER LAUTENBERG, FRANK R (D)
Senate - NJ
LAUTENBERG FOR SENATE $2,300
primary 10/28/07
SINGER, KAREN
CRESSKILL, NJ 07626
NONE/HOMEMAKER LAUTENBERG, FRANK R (D)
Senate - NJ
LAUTENBERG FOR SENATE $2,300
general 10/28/0SINGER, SUSAN
CRESSKILL, NJ 76261
MADELINE GINSBURG DDS/ADMINISTRATIV LAUTENBERG, FRANK R (D)
Senate - NJ
LAUTENBERG FOR SENATE $1,000
general 09/17/08
SINGER, BRAD
CRESSKILL, NJ 07626
HRH CONSTRUCTION CORP/EXECUTIVE LAUTENBERG, FRANK R (D)
Senate - NJ
LAUTENBERG FOR SENATE $700
general 04/20/08
SINGER, KAREN
CRESSKILL, NJ 07626
N/A/HOMEMAKER SCHUMER, CHARLES E (D)
Senate - NY
FRIENDS OF SCHUMER $2,400
primary 11/30/09
SINGER, KAREN
CRESSKILL, NJ 07626
N/A/HOMEMAKER SCHUMER, CHARLES E (D)
Senate - NY
FRIENDS OF SCHUMER $2,400
general 11/30/09
all of the above you can find here:
http://www.opensecrets.org/usearch/index.php?searchButt=Search+OpenSecrets.org+%3E%3E&q=karen+singer&cx=010677907462955562473%3Anlldkv0jvam&cof=FORID%3A11
here is another link to the article of Wally the tiger - but with a few more comments and discussion - i found the link to "opensecrets" in one of the comments there - interesting to read all the opinions on this topic:
--> http://www.zerohedge.com/article/commencing-distributed-effort-outsource-secs-information-gathering-and-processing-operation
Wow, I had forgotten Singers had an autistic child.
Mr. Singer received less than the standard range of 57 months to 71 months after Judge Robert J. Ward of Federal District Court in Manhattan determined that Mr. Singer's autistic son would be harmed by a prolonged separation from his father.
"You will be imposing two life sentences -- one on my baby, one on me," Mr. Singer told the judge at a hearing.
http://query.nytimes.com/gst/fullpage.html?res=990CE0DC163EF933A2575BC0A963958260&sec=&spon
Perhaps extends a bit more credibility to the “Singer Children's Management Trust“.
stalker.... lol
here is another one... http://www.spokeo.com/search?q=Karen%20Singer%20%20Cresskill,%20NJ#:2070581727
Was Karen’s father highly respected basketball coach…Al LoBalbo?
http://www.nytimes.com/2002/01/11/sports/al-lobalbo-82-a-basketball-coach-50-years.html
Al LoBalbo, 82, a Basketball Coach 50 Years
By FRANK LITSKY
Published: January 11, 2002
Al LoBalbo, who in 11 seasons as a head coach made Fairleigh Dickinson University's basketball team a national leader on defense and as an assistant coach helped teach defense for Bobby Knight at Army and Lou Carnesecca at St. John's, died of pneumonia Saturday at a convalescent home in Mountainside, N.J. He was 82.
In his 50-year career, LoBalbo coached Hubie Brown at St. Mary's High School in Elizabeth, N.J., and Mike Krzyzewski in college at Army. Brown, a television analyst and former professional coach, once said the two people who had influenced him most were his father and LoBalbo. Knight, now coaching at Texas Tech, said he was unsure he had ever met anyone who enjoyed teaching more than LaBalbo did.
LaBalbo coached high school teams at St. Mary's (1947-62) and Belleville, N.J. (1962-67). Then he was Knight's assistant at Army (1967-69), head coach at Fairleigh Dickinson (1969-80) and a St. John's assistant under Carnesecca and then Brian Mahoney (1980-96).
When LoBalbo was coaching at Army and Fairleigh Dickinson, he also taught high school.
''He was a throwback to the old coach,'' Carnesecca said. ''He broke in when you taught six classes a day and coached the varsity, J.V. and freshman teams and there was no money.''
Knight said: ''He had this tremendous passion for basketball and really enjoyed sharing it with people. When he coached at West Point, he taught at Belleville, then drove more than two hours to practice, then drove home at night, and those roads weren't among the best weather spots in the world during winter.''
LaBalbo wanted Fairleigh Dickinson to become a national power and found major teams happy to play his team as an early-season warm-up. In his last eight seasons there, Fairleigh Dickinson played in 37 states against strong rivals like Wake Forest, Texas, Utah, Louisiana State, Georgia and Clemson.
''He believed in playing above your station,'' said Jay Horwitz, who was then Fairleigh Dickinson's sports information director and is now a Mets vice president. ''His dream was to have a facility good enough to have those teams play return games, but the school let him go before his dream was fulfilled.''
LoBalbo's record at Fairleigh Dickinson was 128-142. Although his teams usually lacked height, they invariably ranked among the national leaders in defense. That, plus the bandbox atmosphere of the team's 1,200-seat gymnasium in Rutherford, N.J., scared off potential rivals.
As he once said: ''The trouble is getting teams to play us. That's why we're practically a road team. And we beat somebody with a big reputation and they don't want to play us again.''
His university's athletic reputation remained obscure. In 1976, when his team traveled to Columbia, Mo., to play the University of Missouri, a newspaper there ran a multiple-choice quiz asking readers whether Fairleigh Dickinson was Angie Dickinson's brother, a stripper at a local club or Missouri's opponent. Angie's brother won with 53 percent.
Alfred Anthony LoBalbo was born Jan. 1, 1920, in what is now East Harlem and was raised there and in the Bronx. He earned a bachelor's degree from Iowa State in 1942 and a master's degree from Columbia Teachers College in 1947. He served in the Navy from 1942 to 1945, and after a brief fling as a left-handed pitcher in the minor leagues, he became a basketball coach.
He married Ruth Pierce of Newark in 1967 and lived in Monroe Township, N.J. He is survived by his wife; a daughter, Karen Singer of Cresskill, N.J.; and three grandchildren.
Dick Vitale, the television analyst, recalled LoBalbo. ''The first game I ever coached was in 1964 at Garfield High School in New Jersey,'' Vitale said. ''I was two years out of college and he was established at Belleville. He beat us by a point, and after the game he said, 'Let me tell you, kid, you have a future in this game.' I told him years later, 'You'll never know how much that meant to me.' ''
Really?
Did you just really say that? LOL
"I’m having difficulty finding Support?"
Oh. I guess I should have scrolled down. Yes, I see the problem.
Maybe your line should be straight across the 6.40 mark? That's the resistance level it broke out of on that lovely day in March, to begin with, right? Old resistance becomes future support? Maybe our old double top has turned into a larger channel?
One thing is for sure ... Fin will be changing their lines soon?
I’m having difficulty finding Support?
Surely not ….. ?
Lets see what Stock-T/A is showing ... http://www.stockta.com/cgi-bin/analysis.pl?symb=EVOL&num1=3&cobrand=&mode=stock … opps, they are not indicating any Support on this day?
How about Stock Consultant over on NASDAQ …. http://www.nasdaq.com/asp/stock_consultant_new.asp?symbol=EVOL&selected=EVOL
SUPPORT BELOW -5.4% at 6.25 ± 0.08, type Triple, strength 5
-7.9% at 6.09 ± 0.08, type Double, strength 9
Oh My, You've been busy!
You know- that didn't even sink in when you posted that...but it's been updated:
http://www.sec.gov/Archives/edgar/data/1052054/000095012310072382/y85969sc13dza.htm
My God. Think about that.
Karen - 100% an outsider - under the childrens trust, basically now owns a 1/4 of the company. She's at 24.6 % now.
I bet she has appears in every one of Thaddeus Dupper (CEO) dreams at night wearing a black cloak with a hood, and holding a scathe.
Karen must scare the heck outta them.
Certain Anti-Takeover Provisions/Agreements with Stockholders
From the most recent 10Q Page 15
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7088149
Our restated certificate of incorporation allows the board of directors to issue up to 2,000,000 shares of preferred stock and to determine the price, rights, preferences and privileges of those shares without any further vote or action by our stockholders. The rights of the holders of our common stock will be subject to, and may be adversely affected by, the rights of the holders of any preferred stock that may be issued in the future. Issuance of preferred stock, while providing desired flexibility in connection with possible acquisitions and other corporate purposes could make it more difficult for a third party to acquire a majority of our outstanding voting stock. As of June 30, 2010 and December 31, 2009, no shares of Preferred Stock are outstanding.
In addition, we are subject to the anti-takeover provisions of Section 203 of Delaware General Corporation Law which prohibit us from engaging in a “business combination” with an “interested stockholder” for a period of three years after the date of the transaction in which the person became an interested stockholder, unless the business combination is approved in the prescribed manner. The application of Section 203 and certain provisions of our restated certificate of incorporation, including a classified board of directors, may have the effect of delaying or preventing changes in control of our management, which could adversely affect the market price of our common stock by discouraging or preventing takeover attempts that might result in the payment of a premium price to our stockholders.
On March 4, 2009 our Board of Directors adopted a Stockholder Rights Plan (the “Rights Agreement) that is designed to strengthen the ability of the Board of Directors to protect Evolving Systems’ stockholders. The Rights Agreement was not adopted in response to any unsolicited offer or takeover attempt. Under the plan, each common stockholder at the close of business on March 16, 2009 received a dividend of one right for each share of our common stock held of record on that date. Each right will entitle the holder to purchase, in certain circumstances, two one-hundredths of a share of newly-created Series C junior participating preferred stock for an initial purchase price of $8.00 per share. The rights distribution was not taxable to stockholders and the distribution of rights under the plan will not interfere with the Company’s business plans or be dilutive to or affect our reported per share results. The rights will generally become exercisable ten business days after any person becomes the beneficial owner of 22.5% (see below for increases to this percentage) or more of our common stock or has commenced a tender or exchange offer which, if consummated, would result in any person becoming the beneficial owner of 22.5% or more of our common stock.
On December 10, 2009, the Board of Directors approved an amendment to the Rights Agreement. The amendment increased, from 22.5% to 25.0%, the percentage of our common stock that a person or group of affiliated or associated persons may beneficially own without triggering the exercisability of the Rights Agreement. All other provisions of the Rights Agreement remain unchanged.
On December 11, 2009, we received a letter from the Singer Trust informing us that as the result of the appointment of John B. Spirtos to our Board of Directors and our approval of the amendment to the Rights Agreement the Singer Trust would vote in favor of the reelection of Philip Neches and Richard Ramlall to our Board of Directors at our 2010 annual meeting of stockholders and the Singer Trust would not seek or otherwise support additional stockholder protections or reforms at the meeting.
On April 20, 2010, our Board of Directors approved an amendment to the Rights Agreement increasing, from 25.0% to 29.0%, the percentage of the our common stock, that a person or group of affiliated or associated persons may beneficially own without triggering the exercisability of the Rights Agreement. All other provisions of the Rights Agreement remain unchanged.
On April 20, 2010, we entered into an agreement with the Singer Trust (the “Trust”), to increase the size of the Compensation Committee of the Board of Directors from three (3) members to four (4) and, for so long as the Trust is the beneficial holder of twenty percent (20%) or more of our common stock, there would be at least two (2) persons to the Compensation Committee who have been nominated to the Board of Directors by the Trust. We also agreed that all action by the Compensation Committee would require unanimous approval of the members.
The Trust agreed that it would vote its shares at the 2010 annual meeting of stockholders in favor of a proposal to amend the Company’s 2007 Stock Incentive Plan to provide that, exclusive of shares of Common Stock subject to awards existing as at April 20, 2010 (which shares, when no longer subject to such awards, may not be added to the Plan’s share reserve), the total number of shares of Common Stock authorized for issuance under the plan would be 250,000 shares and to provide for certain other amendments. See Part II, Item 4 for results of the 2010 annual meeting of stockholders.
Ahhh - the fun of being an IHUB member (you should try it again, btw) is being able to search back to 2008 - when YOU and I had that story first. And why? Because we are good at what we do (although we prefer to pretend we don't know crap...then again - maybe we don't know crap and are pretending we do? I don't know. ;)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=27327981
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28342186
(edited to add the following)
LMAO! LOLOLOLOL You need to read some of our posts back then...when we started to figure Karen out. WHAT a hoot! Fun times!
Hahahahah!
Sure, my friend....
Go ahead and believe there are more crazy lunatics like you out there. ;) (JK)
OMG Eastunder, you posted on that site then
invited those lunatics, more crazy lunatics like me, to come over here and post on EVOL iHub?
LOL!!
You’re my hero!
Thanks, btw.
Right now, She's a lot like your signature. ;)
Yes - but I missed the splits and the dividends...More pieces to the puzzle. You ought to add those over there - who knows? Maybe the author will actually read the comments and pursue it further.
uhh - read the comment and saw that you mentioned most of the things yet which i wrote in my last post...
And forgot to say "congratulations" to such a nice fluffy puppy - hope she is a good girl...
yeah he (the author) did....a few things come to my mind which he didn´t mention:
firstful the non-mentioning of Arbx and Evol where she has bought amazing amounts too,
second the apparently necessary proctection of the companies aka standstill agreements (at least for LVWR and EVOL)
and third the possible exercising of influence on all three Evol/Arbx/Lvwr Boards i.e nearly complete change of the BoD´s (at least at Lvwr) in one year. She is likely behind the Splits at all three too AND very likely she was also behind the payment of the dividend at LVWR, which brought her nearly 1/5 Million $ alongside...
yep - everything is deluxe thx despite of having no interest/volume on LVWR´s stock atm....
hope all is fine at you 2 ?!?
keep on diggin´ on Karen ... cya
Eastunder left a comment on that site. LOL
Maybe it will be seen and further research will be done? But the article is from June - so maybe not? The guy did a pretty good job minus a few important details.
http://stocksthatpay.com/?p=9265&cpage=1#comment-12691
Oh he so needs to change his name to that! :)
AWESOME FIND! Although you and I could have wrote that Scov. LOL! How many years have we been on to Karen and known about her husband and discussed that on this board. We are missing our calling. We could have been PI's on the Karen situation. ;)
Let's see if we can hook him up with EVOL and ARBX although - PAH- LEZZE! It's in her form 4's.
I can't believe he missed something so obvious!
Cool article! Thanks!
ROFLMAO…Snoopvillez!
Hope all is deluxe with you Wolf’man
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