Would have liked to see more premium for the ATRM holders.

Hawk

ATRM acquired by Digirad Corporation.

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

So that's why activity this AM.

Hawk

Merger news 1 hour ago. 0 volume. no one even posted the news? Hmmm
https://www.massdevice.com/digirad-board-approves-deal-to-acquire-atrm-holdings/

Thnx, I'll be here lol

No official word yet.
Hoping for news this Summer for sure.
GLA

Hawk

From DRAD

Joint Venture
On December 14, 2018, Digirad and ATRM, entered into a joint venture and formed Star Procurement, LLC (“Star Procurement”), with Digirad and ATRM each holding a 50% interest. The purpose of the joint venture is to provide the service of purchasing and selling building materials and related goods to KBS Builders, Inc., a wholly-owned subsidiary of ATRM with which Star Procurement entered into a Services Agreement on January 2, 2019. In accordance with the terms of the Star Procurement Limited Liability Company Agreement, Digirad made a $1.0 million capital contribution to the joint venture, which was made in January 2019. The investment in Star Procurement is included in other assets in the condensed consolidated balance sheets.

DRAD is also forming a Real Estate division

https://www.otcmarkets.com/filing/html?id=13414385&guid=RJJyUH2NCXA_G3h


cquisitions and Leases of Maine Facilities
As part of the Company’s previously announced conversion into a diversified holding company (the “HoldCo Conversion”), we formed a real estate subsidiary named Star Real Estate Holdings USA, Inc. (“SRE”). SRE will hold any significant real estate assets we acquire. We expect SRE to be substantially self-funded over time by raising its own capital in the form of commercial mortgages on the properties it owns or by raising other forms of external capital. As an initial transaction to create our real estate division under SRE and launch that aspect of the HoldCo Conversion, we purchased three plants in Maine that manufacture modular buildings and leased these three properties, as further described below.
Oxford
On March 27, 2019, 56 Mechanic Falls Road, LLC (“56 Mechanic”), a wholly-owned subsidiary of SRE, entered into a Purchase and Sale Agreement (the “Oxford Purchase Agreement”) with RJF - Keiser Real Estate, LLC (“RJF”), pursuant to which 56 Mechanic will purchase certain real property and related improvements and personal property (including buildings, fixtures, and other improvements on the land, and all machinery and equipment and other personal property, if any, owned by RJF and located on the property) located in Oxford, Maine (the “Oxford Facility”) from RJF (the “Oxford Transaction”). The Oxford Transaction was closed on April 25, 2019. The purchase price of the Oxford Facility was $1.2 million (the “Oxford Purchase Price”), subject to adjustment for taxes and other charges and assessments.

Merger with Digirad Corporation

On September 10, 2018, Digirad announced that its board of directors had approved the conversion of Digirad into a diversified holding company and in conjunction with that new structure, that it would be acquiring the Company. In the transaction, shareholders of the Company will receive consideration consisting of 0.4 shares of Digirad common stock for each share of ATRM common stock, which is the approximate price ratio between the two stocks over the prior year.

The issuance of Digirad common stock in connection with the ATRM Acquisition is expected to increase the number of shares of outstanding Digirad common stock by just under 5% . The ATRM Acquisition will be subject to, among other things, ATRM becoming current with its SEC filings and the negotiation and execution of definitive documentation. The final terms of the ATRM Acquisition are subject to change depending on the outcome of the Company’s due diligence investigation and may differ from those reflected in the LOI. The ATRM Acquisition was approved by a special committee of independent directors of the Company.

As of September 10, 2018, Jeffrey E. Eberwein, the Chairman of the Company’s Board, owns approximately 17.4% of the outstanding common stock of ATRM. Mr. Eberwein also is the Chairman of the Board of Digirad and beneficially owns 544,152 shares of Digirad's common stock, or approximately 2.7% of the shares outstanding. Mr. Eberwein is also the Chief Executive Officer of Lone Star Value Management, LLC, which is the investment manager of LSVI. LSVI owns 216,094 shares of the Company’s Series B Stock and another 363,651 shares of Series B Stock are owned directly by LSV Co-Invest I. Through these relationships and other relationships with affiliated entities, Mr. Eberwein may be deemed the beneficial owner of the securities

https://www.otcmarkets.com/filing/html?id=13390972&guid=MNJyUKI3pdSp-3h

Anyone know how the NASDAQ DRAD merger coming along?

ATRM referenced in SEC ADMIN Proceeding:

https://www.sec.gov/litigation/admin/2017/34-80038.pdf

$ATRM ATRM Acquires Certain Assets of Edgebuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc.

Source: Marketwired
ST. PAUL, MN-(Marketwired - Oct 5, 2016) - ATRM Holdings, Inc. (OTCQX: ATRM)

Transaction Highlights:

Acquired businesses generated revenues of $14 million in 2015; expected to grow going forward
Consideration includes $4.0 million in cash, $1.0 million in potential earn-out and 100,000 shares of ATRM common stock
Fully-financed at closing
Similar business to ATRM's KBS operations with potential synergies
Adds geographic and product diversity
ATRM Holdings, Inc. (OTCQX: ATRM) ("ATRM" or the "Company") announced today that it has acquired certain assets of EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc. ATRM plans to operate their businesses under the Company's new wholly-owned subsidiaries EdgeBuilder, Inc. ("EdgeBuilder") and Glenbrook Building Supply, Inc. ("Glenbrook"), respectively, to be referred to on a combined basis as "EBGL". EdgeBuilder, located in Prescott, WI, manufactures and sells prefabricated wall panels for commercial and residential construction applications and permanent wood foundation systems for residential buildings. EdgeBuilder's customers are primarily general contractors located throughout the Upper Midwest. Glenbrook is a professional lumber yard located in Oakdale, MN and serves the needs of general contractors and building professionals primarily in the Twin Cities metropolitan area, including many EdgeBuilder customers. EdgeBuilder and Glenbrook are located approximately thirty miles from each other and are managed by a common management team, headed by General Manager, Scott Jarchow. Prior to the acquisition, the acquired businesses had common ownership and were operated as a combined business, and their combined sales totaled approximately $14 million in calendar year 2015.

Consideration for the acquisition includes $4 million in cash (including $3 million paid at closing and $1 million in deferred payments to be made in quarterly installments over the next year), and 100,000 shares of ATRM common stock. The purchase agreement also provides for a potential earn-out payment of up to $1 million based upon the amount by which EBGL's gross profit over the next twelve months exceeds a minimum threshold. The cash payment at closing was financed by $3 million of long-term debt financing from Gerber Finance, which also provides ATRM's KBS operations with a working capital line of credit. In addition, ATRM secured a working capital line of credit of up to $3 million from Gerber Finance for EBGL's operations.

"We are excited by the addition of the EBGL businesses, which will complement our existing KBS operations based in Maine," stated Daniel M. Koch, President and CEO of the Company. "They have an impressive list of repeat customers that include some of the largest commercial general contractors in the Upper Midwest. We have retained all employees of the businesses, including all key management personnel. Both of the EBGL businesses are well-managed and profitable, with positive cash flows."

"We are delighted to add these high-quality businesses, employees, and managers to the ATRM family. This transaction is an example of executing our long-term strategy to seek out acquisitions that will increase shareholder value," stated Jeffrey E. Eberwein, Chairman of the Board of Directors of the Company. "We believe the addition of EBGL will be accretive to ATRM. We believe we can grow EBGL's revenues going forward and expect to generate up to 10% of operating profit margins in the future."

EdgeBuilder's website is www.edgebuilderwallpanels.com and Glenbrook's website is www.glenbrooklumber.com.

ATRM plans on having an investor conference call in mid-November, following the release of its third quarter results where management will discuss this transaction and the Company's third quarter results.

About ATRM Holdings, Inc.

ATRM Holdings, Inc. (OTCQX: ATRM), through its wholly-owned subsidiaries KBS Builders, Inc. and Maine Modular Haulers, Inc., manufactures modular housing units for commercial and residential applications. Through its wholly-owned subsidiaries, EdgeBuilder, Inc. and Glenbrook Building Supply, Inc., ATRM also manufactures wall panels, and supplies general contractors with lumber, windows, doors, and other building supplies, used in both residential and commercial construction. ATRM is based in St. Paul, Minnesota, with facilities in South Paris and Waterford, Maine, Oakdale, Minnesota and Prescott, Wisconsin. ATRM's website is www.atrmholdings.com.

Forward-Looking Statements

This press release may contain "forward-looking statements", as such term is used within the meaning of the Private Securities Litigation Reform Act of 1995. These "forward-looking statements" are not based on historical fact and involve assessments of certain risks, developments, and uncertainties in the Company's business looking to the future. Such forward-looking statements can be identified by the use of terminology such as "may", "will", "should", "expect", "anticipate", "estimate", "intend", "continue", or "believe", or the negatives or other variations of these terms or comparable terminology. Forward-looking statements may include projections, forecasts, or estimates of future performance and developments. These forward-looking statements are based upon assumptions and assessments that the Company believes to be reasonable as of the date hereof. Whether those assumptions and assessments will be realized will be determined by future factors, developments, and events, which are difficult to predict and may be beyond the Company's control. Actual results, factors, developments, and events may differ materially from those the Company assumed and assessed. Risks, uncertainties, contingencies, and developments, including those discussed in the Company's filings with the Securities and Exchange Commission, could cause the Company's future operating results to differ materially from those set forth in any forward-looking statement. There can be no assurance that any such forward-looking statement, projection, forecast or estimate contained can be realized or that actual returns, results, or business prospects will not differ materially from those set forth in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.

Contact Information
Contact:
Stephen Clark
Chief Financial Officer
(651) 704-1800
ATRM Holdings, Inc.

ATRM delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

ATRM delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

Anyone got any take on the KBS results in the 10-Q?

If you add back in the ($700K) related to the acquisition, it looks like they lost a post-interest pre-tax ($800K) -- not so good. Trying to figure out what Eberwein sees here, maybe more NOLs.. LOL.

Should've filed by now, I think.. at least put out a NT 10-Q.

ATRM is going DOWN!!!

Wake up ATRM investors, your stock is making a monster move here this morning!

ATRM -32.26% @ 8.40, 874K Close

ATRM 7:50AM in Pre-Mkt, down 42 pts at 11.98

ATRM: Coming Down..

...like a piano hoisted to the window of a fifth floor walk-up coming unloosed from its strapping.
Staying clear of ANY long position now is "key" to not getting crushed by this petal pump Steinway hurtling to the ground.

Here's why (in no particular order):

1. The author of the S.A. article did three S.A. articles prior to Friday's ATRM Pump piece- all plummeted like the afore mentioned piano:

Nov 19 SGOC http://stockcharts.com/h-sc/ui?s=SGOC

Oct 15 NVGN http://stockcharts.com/h-sc/ui?s=NVGN

Aug 15 OPXA http://stockcharts.com/h-sc/ui?s=OPXA

2. The Press release speaks of new business but is woefully lacking in details to indicate whether it was "good business" (or just business they went out and "bought" to make a splash to sell shares into?).

3. Company is just about out of money. The 10Q filed Nov 19 for period ending 9/30 reports they should have enough money to take them through the end of December. It gets much worse...

4. They only had rev's of $1.9M for the last nine months. Before retirement, I had more rev's than that working out of my second bedroom in my boxer shorts, lol.

5. Of that $1.9M, the biggest contribution was from its reliability test equipment (57%). The company sold this segment on 6/14 lock, stock and barrel to raise cash. It was like selling the bedroom furniture to pay the electric bill.

6. Revenue for the last nine months for the remaining segment of its business- test handling equipment was $300K.
The company also sells replacement parts, servicing, etc amounting to the difference.

7. The S.A. author in his pattern pump piece sets a paragraph in this bold type heading:

..........Dismissal of Litigation..........
and goes on to say, ..."positive development for the company...involves some closure on a lawsuit that has distracted the company for the better part of two decades" Notice the "some closure". The plaintiff promptly filed an appeal- the suit continues! You might have assumed from the bold title that the companies legal woes were behind the company- they are not.

8. The author goes on to cite this passage, blocked off and presumably from the company:

The litigation was a concern to our customers and shareholders, prompted significant defense costs, and proved to be very distracting to our normal course of business. We can now fully concentrate our attentions and resources on growing the value of the company.

But the company says this in the 10Q filed Nov 14 this:

Legal Proceedings

As reported in our Form 10-K for the year ended December 31, 2012, we are subject to litigation captioned UTHE Technology Corporation vs. Aetrium Incorporated et al. in the United States District Court for the Northern District of California. On September 13, 2013 the court entered final judgment dismissing all remaining claims UTHE asserted against Aetrium in the litigation. On September 23, 2013, UTHE Technology Corporation appealed the district court judgment to the United States Court of Appeal for the Ninth Circuit. The appeal is currently pending.

So, Mr S.A. author, was this a quote from the company subsequent to the dismissal but before the appeal was filed a mere ten days later? And why would you cite this instead of acknowledging that the legal mess which is draining the company continues. Unconscionable.
Note: anyone who lost $$ on this pump and dump and are motivated, there's your start.

9. The Pump and Dump author is like a ghost in the night, anonymous and exactly zero posts other than the four now P&D articles. Not one response to the 55 and counting questions that follow his articles- folks addressing their concern for those who are left holding the bag on these plays (contrast that to S.A. author Spencer Osborne who writes about ARNA and steps up to answer nearly all the responses his articles generate).
The S.A. pump meister goes by the moniker of "Small-Cap Momentum Advisors". "Advisors"- how many are behind these questionable pumps articles?

10. The author didn't mention a one for ten Reverse Split effected on October 11th! Seems a glaring omission to me- unless it didn't suit the pump theme, of course.

11. So with the company nearly out of cash and all those shares back in the treasury, little doubt they'll find there way back in the pot- dilution. Elementary, Watson.

12. The activist team has been around about a year now and little to show for it until this nebulous announcement of business from two customers for 2014- one new customer and one current. No mention that the company has lost a major long term customer.

13. The growth, profit margins, returns for this company are beyond bad- they're abysmal!

14. The company has not had a profitable quarter in years and BK cannot be ruled out. Heavy diluting can be expected into this pump which would stay matters for a while.

15. After nearly twenty years, institutional and mutual funds hold just 4% of the company, reducing their holdings 22.9% in the last reporting quarter from the previous quarter.


Folks, I've got to go horizontal for a few hours before the opening bell but here are a few fundamental ATRM metrics to consider for year over year ending 6/13:

Revenue Growth: -54.1%

Gross Margin: -87.5%

Return on Equity: -100.7%

Net Margin: -301.7%



Disclosure: I shorted this Pumped and soon to be Dumped ATRM Friday at 10.35 average, gross.

I abhor these manipulated Pump & Dumps. They hurt a lot of people, including me when I was starting out in stocks some years back.

Hope all had a wonderful Thanksgiving or Thanksgivukkah and plan to slide into a nice long weekend!

MG

I missed this epic bounce today, totally asleep on this one:(

$12.40 woooooooooooooow!!!!

Looks like this could be a big gapper tomorrow.imo

WOW a second explosion to $12 +140%

Crazy move!

140% you mean...

ATRM- Insane move up today +83%

holly .... mazing move

$6.50x$7 ATRM

$5.51x$6.80 ATM, I mean ATRM

Aetrium Reports Orders for Multiple Units of VMAX IC Handlers




Aetrium Incorporated (MM) (NASDAQ:ATRM)
Intraday Stock Chart

Today : Friday 22 November 2013
Click Here for more Aetrium Incorporated (MM) Charts.

Aetrium Incorporated (Nasdaq:ATRM) announced today recent bookings of multiple units of its VMAX IC test handlers. Daniel Koch, the recently appointed CEO of Aetrium, Incorporated today said, "We are all very pleased with the recent orders for our newest product offering, the VMAX IC test handler. It is especially pleasing to see both new customers and long term customers in our current backlog. All of these new orders are being driven by increased capacity needs and they are quite diverse in their end applications. The semiconductor industry continues to show signs of slow and deliberate recovery."

The orders were placed with Aetrium over the last few weeks. Multiple VMAX test handlers were purchased by a long term Aetrium customer for their proprietary MEMS semiconductor devices. This is the first application of the VMAX handler by this particular customer who had traditionally used older generation Model V8 test handlers from Aetrium. It is expected that the VMAX test handler will provide more productivity and a lower cost of test than the older generation V8 model.

A second customer that is a new customer to Aetrium has also purchased multiple units of the VMAX test handler for application with their proprietary products. This customer also purchased a media transfer system to accommodate their internal product packaging needs. The VMAX was chosen over competitive companies and products due to Aetrium's strong reputation for customer support and for the VMAX's productivity and reliability characteristics.

Two additional customers, who have been long term customers of Aetrium, purchased VMAX test handling capacity for specific lines of semiconductors focused on the automotive industry. The automotive industry demands a wide range of temperature testing capability, which the VMAX offers with its unique and very cost effective mechanical refrigeration system.

The orders in total amounted to nearly $2.1M. The VMAX handlers and all the equipment associated with these orders are expected to be shipped to the customers by the end of the first quarter of 2014.

Certain matters in this news release are forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, adverse domestic or global economic conditions, slowing growth in the demand for semiconductor devices, the volatility and cyclicality of the microelectronics industry, changes in the rates of capital expenditures by semiconductor manufacturers, progress of product development programs, unanticipated costs associated with the integration or restructuring of operations, and other risk factors set forth in the Company's SEC filings, including its Form 10-K for the year ended December 31, 2012 and its Form 10-Q for the quarter ended September 30, 2013.

Aetrium, based in North St. Paul, Minnesota, is a supplier of handling equipment used by the worldwide semiconductor industry to test ICs. The company's products are used by customers to improve efficiency, provide thermal environments for devices during test, as well as MEMS test environments. Aetrium's common stock is publicly traded on the Nasdaq market under the symbol ATRM. More information about Aetrium is available on the internet at www.Aetrium.com.
CONTACT: Paul Askegaard
Aetrium Incorporated
(651) 704-1812

company logo

Seems to be a good buy on todays pullback.

Good gain since I started this thread. What's the outlook? Up? Down?

Insiders activity: steady purchase to support price level $0.64 today
http://finance.yahoo.com/q/it?s=ATRM+Insider+Transactions

CAS main shareholder won: appoints 5 members to board

ATRM....added/chart

http://finviz.com/quote.ashx?t=ATRM&ty=c&ta=1&p=d

atrm........................chart

http://finviz.com/quote.ashx?t=atrm&ty=c&ta=0&p=w

First!!!