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The TA has been gagged for months, these are the last reported #’s
Shares outstanding.
Common Stock
We are authorized to issue 5,000,000,000 shares of common stock, par value
$0.001.
As of March 14, 2011, we had 4,862,000,000 shares of common stock issued and
outstanding, held by approximately 107 shareholders, beneficially and of record.
Of those 4,862,000,000 shares of common stock, 1,581,755,703 were free
trading.
As of the end of our most recent fiscal quarter ended January 31, 2011, we had
4,580,000,000 shares of common stock issued and outstanding, held by approximately 108 shareholders, beneficially and of record. Of those 4,580,000,000 shares of common stock, 511,755,703 were free trading.
As of the end of our most recent fiscal year ended July 31, 2010, we had
311,950,159 shares of common stock issued and outstanding, held by
approximately 102 shareholders, beneficially and of record. Of those
311,950,159 shares of common stock, 31,755,703 were free trading.
Preferred Stock
We are not authorized to issue any shares of preferred stock.
Post the "Right thing"????
I post links to info for DD, I post exactly what I am doing with this trade, I have never said buy it or sell it to anyone! And the fact that you feel I’m taking advantage of new traders to LKEN boggles my mind.
I’m sorry Gary if I have offended you with my posts, I can assure you that was not my intension.
I was slapping .0005 all day for a total of 20mil and I will take even enough to get even! That’s more shares than I have ever owned of LKEN to date, so when I say I’m all in I’m really all in! lol…
Now if I was to make a prediction, I think it has a shot at .009 by dividend, well unless mm’s can get the 5% as well because if they could then it would be in there best interest to get it down to .0001 and own all the shares but I have never heard of them ever qualifying as a share holder of record and they own loads of shares right now, just look at the charts, way over sold and accumulated distribution is way down as well so there holding loads of shares, I believe they would want it to skyrocket to make all the $$$ they can and traders will come out of the wood work with this kind of volume and the potential of an extra 5% for free! IMO
Cheers Buds! \_/ and Go Go Go LKEN!!!!
We are not the newbie’s???? ROFL
URDEEP I got the feeling today that we didn’t know anything about this stock listening to everyone else and personally I think I’m going to keep it that way! I am fully loaded and ready for any movement at all. Just like you this trade owes me something and I’m going to take full advantage this time. I grow tired of struggling and second guessing, I just hope they let it up for a nice breath, if they do its game on for me! Lol…
As fare as the split I don’t know what there seeing and personally I don’t care, it’s not in my nature to pump or bash I will leave that to someone else.
Good luck to us Buds
FreeInk4Life’s newly designed website
http://www.freeink4life.com/store/
It has all the products, live support, and a shopping cart! Lol…
Just posting links for DD so anyone interested can see for themselves this company does have real products but do take my word for it, always do your own DD
Cheers Traders \_/
Press Releases
For anyone new this is a link to all of LKEN’S press releases
http://www.accubrite.com/Press_Releases.html
And if you are new to this stock welcome aboard!
Cheers Traders \_/
If you don’t mind me asking .0005 or .0006????
Either way your locked and loaded IMO loads of new traders here today, welcome aboard the LKEN trade Buds
Cheers \_/
LKEN traders
I would just like to throw a few things out for anyone new to this stock, you don’t have to listen but I do feel I need to say a few words anyway. Lol…
This is really shaping up to be a great play right now, I have been here before with this stock and would urge everyone to take profits when they can, don’t be greedy, there will be lots of $$$ to go around but your probably not going to become a millionaire on this one trade.
Now that I have that out of the way lets play the LKEN game! Lol… as soon as the dump / shorting or what ever is driving the share price right now I think we shall see a good run up into the dividend, my personal experience with this stock is it move very fast in both directions, mind you! Lol… fasten your seat belts and put your tray tables in the upright positions! This ride starts in 14 short hours!
Thanks traders for letting me rant about LKEN
Cheers \_/
I’m with you Buds!
Just a shame we had to go here to get excited about it IMO
Cheers \_/
That’s the way I read it as well but who am I? I’m not a lawyer! I don’t even play one on T.V. lol…
Oh I’m with you buds! Lol…
Unloaded 15mil last week, picked up 20 more at .0005 and if this backfires on me I’m never playing a penny again! Lol… I just feel like this one owes me! ROFL
Thanks Buds
+ There gearing up there website with all 750 products as well, the real questions is are we about to set sail or just rearranging deck furniture on the titanic? Lol… I have been here a good long time and seen it all I think? Lol…
Thanks Buds and Cheers \_/
Look how long we been here, don’t be a hater, let then run with it! I personally have been averaging down for days and am ready for something to happen. I know for a fact that a good little run won’t hurt me, you, or URDEEP.
Thanks Buds and rock on LKEN
I’m having a world record time!
I think .0004 might be the bottom so there I sit! Lol…
Question: would you be interested in helping with this board? Just post a yes or no if you would.
Thanks Buds
Was doing some bid sitting this morning but canceled my order, doesn’t look like it’s over yet to me. Just moved it down to the wall at .0004 I don’t know if it will run that low but that’s all I’m willing to pay at this moment for LKEN
How are all you guys this fine morning?
Thanks traders! And try and have a great day, well unless you have already made other plans. Lol…
Sorry things are really tense in here of late and just feel like I’m always defending my self for being here! Lol… anytime you have questions feel free to ask away!
Cheers! \_/
The IR firm along with the company made up some info in a few of there pr’s, just released the truth about it a few days ago, as well as #’s stating the they have paid debt with some 600 + million shares of stock! The drop is the byproduct of actions by LKEN and what appears to be a complete disregard for shareholders in general IMO
And yes I am the mod! I am not affiliated with LKEN, know Lenny Greene, or even play him on T.V.! lol… so I’m not sure where your going with that statement but if your implying that anything going on with this stock is do to me in any way your gravely mistaken. I own shares and nothing more and nothing less, well and I police this board! Lol…
Now you can’t be giving the info from the next PR yet! ROFL
I’m with you buds, it’s almost comical now!
And what? Pray it’s not the share price! Lol…
MERQ
MERCATOR
ASSOCIATES,
LLC
This is a new mm to LKEN and it is a trading desk, this could get even worse IMO or are they buying???
I have never told anyone to buy LKEN EVER! Let’s get that straight right now! I’m playing LKEN and that is why I am here.
Sorry the # was 600 + million
It’s trading; you knew this could happen when you started right? If it is that hard on you maybe a break from pennies is in order.
Thanks Buds
I will, they pay there bills with shares! Remember the last PR? 600,000 + Shares to pay outstanding debts. And now VFIN on the sell.
Cool heads prevail Buds!
Yah “It’s the big one!” lol…
O.K. thats it! VFIN drives this down to .0001 and I'm buying 100 mil shares!
Goodyear Outlines Strategic Path to Record Profitability
- Company confident in strategy, targets $1.6 billion segment operating income in
2013 - Targets North American Tire segment operating income of $450 million in
2013 - Strategy remains focused on growth in targeted high-margin segments -
Capital investments to support 3% to 5% annual increase in units, improved
product mix
NEW YORK, March 22, 2011 /PRNewswire via COMTEX/ -- The Goodyear Tire & Rubber
Company (GT) at an investor conference here today will discuss its strategies to
capitalize on industry and economic trends to achieve record levels of
profitability.
Goodyear said it is targeting 2013 segment operating income in its North American
Tire unit of $450 million and improved segment operating income in its
international businesses. In total, Goodyear is targeting record segment
operating income of $1.6 billion in 2013.
"Having momentum coming out of the deep economic recession, we are now positioned
to confidently drive higher levels of performance across our businesses," said
Chairman and Chief Executive Officer Richard J. Kramer.
"We see the tire industry being guided by seven MegaTrends over the next five to
ten years. We believe these trends favor Goodyear and our well-established
innovation capability," he added.
"We have a clear view of our destination as a business and well-defined
strategies for driving value going forward. Our focus will be winning in the
segments where the highest profits are available for Goodyear and for our
customers."
Going forward, the company anticipates making capital investments of between $1.1
billion and $1.3 billion per year in 2012 and 2013, up slightly from an expected
$1.1 billion to $1.2 billion in 2011. Between $500 million and $600 million each
year will be focused on profitable growth opportunities through plant
modernizations, expansions and new construction. These investments will support a
3 percent to 5 percent annual increase in unit volume, focused on
high-value-added tires in high-margin segments.
Goodyear expects to reduce its underfunded pension obligations to $1.2 billion --
or by more than half -- by 2013. It expects to make pension contributions of $550
million in 2012 and $525 million in 2013 in addition to contributions of
approximately $275 million in 2011. As a result of these planned actions, the
company's pension expense is expected to decrease by $100 million a year by 2013.
The company will host a live webcast of the investor meeting today. The webcast
is scheduled to begin at approximately 8:45 a.m. and is expected to conclude at
11:30 a.m.
Investors, members of the media and other interested persons can access the
webcast on the company's investor relations Web site:
http://investor.goodyear.com or via telephone by calling (706) 643-2869 before
8:35 a.m. A replay will be available on the Web site or by calling (706)
645-9291, pass code 52676005.
Approximately 30 minutes prior to the start of the meeting, the company will post
the financial and other related information that will be presented on the Web
site.
Goodyear is one of the world's largest tire companies. It employs approximately
72,000 people and manufactures its products in 56 facilities in 22 countries
around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg,
Luxembourg strive to develop state-of-the-art products and services that set the
technology and performance standard for the industry. For more information about
Goodyear, go to http://www.goodyear.com.
Use of Forward-Looking Non-GAAP Financial Measure
This press release presents our targeted total segment operating income for 2013.
Total segment operating income is an important financial measure for the company
but is not a financial measure defined by U.S. GAAP. Total segment operating
income is the sum of the individual strategic business units' segment operating
income as determined in accordance with U.S. GAAP. Management believes that total
segment operating income is useful because it represents the aggregate value of
income created by the company's SBUs and excludes items not directly related to
the SBUs for performance evaluation purposes. We are unable to present a
quantitative reconciliation of our targeted total segment operating income to
Income (Loss) before Income Taxes, which is the most directly comparable
forward-looking GAAP financial measure, because management cannot reliably
predict all of the necessary components of Income (Loss) before Income Taxes
without unreasonable effort. These items could be significant to the calculation
of Income (Loss) before Income Taxes in the future.
Certain information contained in this press release constitutes forward-looking
statements for purposes of the safe harbor provisions of The Private Securities
Litigation Reform Act of 1995. There are a variety of factors, many of which are
beyond our control, that affect our operations, performance, business strategy
and results and could cause our actual results and experience to differ
materially from the assumptions, expectations and objectives expressed in any
forward-looking statements. These factors include, but are not limited to: our
ability to realize anticipated savings and operational benefits from our cost
reduction initiatives or to implement successfully other strategic initiatives;
increases in the prices paid for raw materials and energy; pension plan funding
obligations; actions and initiatives taken by both current and potential
competitors; deteriorating economic conditions or an inability to access capital
markets; work stoppages, financial difficulties or supply disruptions at our
suppliers or customers; the adequacy of our capital expenditures; a labor strike,
work stoppage or other similar event; our failure to comply with a material
covenant in our debt obligations; potential adverse consequences of litigation
involving the company; as well as the effects of more general factors such as
changes in general market, economic or political conditions or in legislation,
regulation or public policy. Additional factors are discussed in our filings with
the Securities and Exchange Commission, including our annual report on Form 10-K,
quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any
forward-looking statements represent our estimates only as of today and should
not be relied upon as representing our estimates as of any subsequent date. While
we may elect to update forward-looking statements at some point in the future, we
specifically disclaim any obligation to do so, even if our estimates change.
SOURCE The Goodyear Tire & Rubber Company
Copyright (C) 2011 PR Newswire. All rights reserved
By Jeff Bennett
Of THE WALL STREET JOURNAL
DETROIT (Dow Jones)--After years of cost-cutting, Goodyear Tire & Rubber Co.
(GT) now expects its global business units to generate a record operating
profit in 2013 as the company invests billions in its plants to boost
production around the world.
Goodyear's business units will achieve an operating income of $1.6 billion in
2013, with about $450 million coming from its core North America business
segment, the company said Tuesday. A total operating income figure for the
company wasn't provided.
North America's largest tire maker also expects to make $1.1 billion to $1.3
billion worth of capital investments in both 2012 and 2013. Half will go toward
expanding technology and developing new products, with the remainder used to
modernize equipment or expand facilities.
(This story and related background material will be available on The Wall
Street Journal Web site, WSJ.com.)
The financial forecast, a rarity for Goodyear, underscores the company's
confidence in the ongoing recovery in the automotive industry and consumer
sector.
Chief Executive Richard Kramer, betting on current demand trends, wants to
boost tire production by as much as 5% annually over the next three years. He
aims to take Goodyear's overall production capacity to 195 million tires in
2013 from 173 million in 2010.
Most of that output increase will be in Goodyear's high-end tires. Those
tires, usually bought by owners of sport-utility or luxury vehicles, are more
complex and costly to make but are also sold at higher prices than entry-level
tires where there is more competition and thinner profit margins.
Current trends show sales of cars and commercial trucks continuing to rise,
driving demand especially in emerging markets, Kramer said during an analyst
presentation in New York on Tuesday.
Car makers are also now equipping their midlevel vehicles with high-end tires
to improve performance and attract customers, Kramer said. Tires are also
becoming an important factor for improving fuel efficiency, which more shoppers
are noting when buying new cars.
To respond to the demand, some of Goodyear's plant investments include
spending a total of $225 million on its Lawton, Okla., and Fayetteville, N.C.,
facilities to convert some low-end tire production to high-end tires. The two
plants combined will churn out 9 million high-end tires once the upgrades are
completed in 2013.
A plant in Chile and one in Brazil will receive a combined $700 million
investment. These facilities will also begin producing a total of 9 million
high-end tires in 2013.
"Having momentum coming out of the deep economic recession, we are now
positioned to confidently drive higher levels of performance across our
businesses," Kramer said in a statement.
Aside from its financial forecast, Goodyear said it will improve its balance
sheet by cutting its underfunded pension obligations by more than half to $1.2
billion by 2013. The company expects to make pension contributions of $550
million in 2012 and $525 million in 2013, in addition to contributions of about
$275 million in 2011.
These moves are expected to decrease Goodyear's pension expense by $100
million a year by 2013, the company said in the statement.
Shares of Goodyear fell 46 cents, or 3%, to $14.93 recently.
Profitability
- Company confident in strategy, targets $1.6 billion segment operating income
in 2013
- Targets North American Tire segment operating income of $450 million in 2013
- Strategy remains focused on growth in targeted high-margin segments
- Capital investments to support 3% to 5% annual increase in units, improved
product mix
NEW YORK, March 22, 2011 /PRNewswire/ -- The Goodyear Tire & Rubber Company
(NYSE: GT) at an investor conference here today will discuss its strategies to
capitalize on industry and economic trends to achieve record levels of
profitability.
(Photo: http://photos.prnewswire.com/prnh/20110322/CL69213 )
(Logo: http://photos.prnewswire.com/prnh/20050204/GTLOGO )
Goodyear said it is targeting 2013 segment operating income in its North
American Tire unit of $450 million and improved segment operating income in its
international businesses. In total, Goodyear is targeting record segment
operating income of $1.6 billion in 2013.
"Having momentum coming out of the deep economic recession, we are now
positioned to confidently drive higher levels of performance across our
businesses," said Chairman and Chief Executive Officer Richard J. Kramer.
"We see the tire industry being guided by seven MegaTrends over the next five
to ten years. We believe these trends favor Goodyear and our well-established
innovation capability," he added.
"We have a clear view of our destination as a business and well-defined
strategies for driving value going forward. Our focus will be winning in the
segments where the highest profits are available for Goodyear and for our
customers."
Going forward, the company anticipates making capital investments of between
$1.1 billion and $1.3 billion per year in 2012 and 2013, up slightly from an
expected $1.1 billion to $1.2 billion in 2011. Between $500 million and $600
million each year will be focused on profitable growth opportunities through
plant modernizations, expansions and new construction. These investments will
support a 3 percent to 5 percent annual increase in unit volume, focused on
high-value-added tires in high-margin segments.
Goodyear expects to reduce its underfunded pension obligations to $1.2
billion -- or by more than half -- by 2013. It expects to make pension
contributions of $550 million in 2012 and $525 million in 2013 in addition to
contributions of approximately $275 million in 2011. As a result of these
planned actions, the company's pension expense is expected to decrease by $100
million a year by 2013.
The company will host a live webcast of the investor meeting today. The
webcast is scheduled to begin at approximately 8:45 a.m. and is expected to
conclude at 11:30 a.m.
Investors, members of the media and other interested persons can access the
webcast on the company's investor relations Web site:
http://investor.goodyear.com or via telephone by calling (706) 643-2869 before
8:35 a.m. A replay will be available on the Web site or by calling (706)
645-9291, pass code 52676005.
Approximately 30 minutes prior to the start of the meeting, the company will
post the financial and other related information that will be presented on the
Web site.
Goodyear is one of the world's largest tire companies. It employs
approximately 72,000 people and manufactures its products in 56 facilities in
22 countries around the world. Its two Innovation Centers in Akron, Ohio and
Colmar-Berg, Luxembourg strive to develop state-of-the-art products and
services that set the technology and performance standard for the industry. For
more information about Goodyear, go to www.goodyear.com.
Use of Forward-Looking Non-GAAP Financial Measure
This press release presents our targeted total segment operating income for
2013. Total segment operating income is an important financial measure for the
company but is not a financial measure defined by U.S. GAAP. Total segment
operating income is the sum of the individual strategic business units' segment
operating income as determined in accordance with U.S. GAAP. Management
believes that total segment operating income is useful because it represents
the aggregate value of income created by the company's SBUs and excludes items
not directly related to the SBUs for performance evaluation purposes. We are
unable to present a quantitative reconciliation of our targeted total segment
operating income to Income (Loss) before Income Taxes, which is the most
directly comparable forward-looking GAAP financial measure, because management
cannot reliably predict all of the necessary components of Income (Loss) before
Income Taxes without unreasonable effort. These items could be significant to
the calculation of Income (Loss) before Income Taxes in the future.
Certain information contained in this press release constitutes
forward-looking statements for purposes of the safe harbor provisions of The
Private Securities Litigation Reform Act of 1995. There are a variety of
factors, many of which are beyond our control, that affect our operations,
performance, business strategy and results and could cause our actual results
and experience to differ materially from the assumptions, expectations and
objectives expressed in any forward-looking statements. These factors include,
but are not limited to: our ability to realize anticipated savings and
operational benefits from our cost reduction initiatives or to implement
successfully other strategic initiatives; increases in the prices paid for raw
materials and energy; pension plan funding obligations; actions and initiatives
taken by both current and potential competitors; deteriorating economic
conditions or an inability to access capital markets; work stoppages, financial
difficulties or supply disruptions at our suppliers or customers; the adequacy
of our capital expenditures; a labor strike, work stoppage or other similar
event; our failure to comply with a material covenant in our debt obligations;
potential adverse consequences of litigation involving the company; as well as
the effects of more general factors such as changes in general market, economic
or political conditions or in legislation, regulation or public policy.
Additional factors are discussed in our filings with the Securities and
Exchange Commission, including our annual report on Form 10-K, quarterly
reports on Form 10-Q and current reports on Form 8-K. In addition, any
forward-looking statements represent our estimates only as of today and should
not be relied upon as representing our estimates as of any subsequent date.
While we may elect to update forward-looking statements at some point in the
future, we specifically disclaim any obligation to do so, even if our estimates
change.
SOURCE The Goodyear Tire & Rubber Company
(From THE WALL STREET JOURNAL)
By Terin Miller and Ethan Smith
Radio shock jock Howard Stern and his long-time agent have accused Sirius XM
Radio Inc. of failing to pay stock awards promised in exchange for boosting the
satellite radio company's subscriber levels.
In a lawsuit filed in New York State Supreme Court, Mr. Stern's production
company, One Twelve Inc., and his agent Don Buchwald, alleged that Mr. Stern
enabled Sirius to surpass its internal subscriber targets by more than two
million subscribers every year since he went on air since 2006.
Asked for comment on the suit, Sirius said it was "surprised and
disappointed" by the legal action initiated by Mr. Stern's production company
and agent.
"We have met all of our obligations under the terms of our 2004 agreement
with Howard, his agent and production company," said Patrick Reilly, senior
vice president, communications for Sirius XM Radio.
Under the terms of Mr. Stern's five-year, $500 million contract with Sirius
Satellite Radio Inc., the popular host was entitled to annual stock grants if
the company exceeded certain agreed-upon targets for subscribers, according to
the suit.
However, the suit said, Sirius paid the stock bonuses only in 2006 and 2007.
For 2008 and 2009, no performance-based stock awards were made to the Stern
entities, according to the suit, even though they believe they were entitled to
them.
According to the suit, the stock awards should be granted based on the total
number of subscribers to Sirius XM, an entity that was created by the 2008
merger between Sirius Satellite Radio Inc. -- the entity with which Mr. Stern
originally entered a contract -- and XM Satellite Radio Holdings Inc.
Sirius said it gave Mr. Stern and his affiliates more than $300 million of
stock in 2006 and 2007 for helping the company exceed subscriber targets.
Absolutely all over the board today, another new 52 week high and around a dollar price spread from high to low. Great PR’s have been coming out but it just cant seam to hold that new high. Chart starting to not look so great but technical’s still look fairly good for Goodyear.
What’s next????
That’s a 6th of there out standing debt? Now I really think they should just can him!
Howard Stern! Lol… I think it is time to just give him the boot, SIRI owns the rights to his content, they could just do a best of HS for the next few years, and us the 500 million to pay off 1/12 of there outstanding debt. Either way he has been quoted as saying this is his last radio contract so there will be no competition and I’m sure he has enough $$$ to get him by for a least a few weeks! Lol…
I personally know loads of XM subscribers as well as my wife and not a one of them even listen to Stern!
Anyone have thoughts on this????
Thanks guys
I was watching this trade in the 1.64-1.65 range on the L2 three hours after the market closed and these were all fairly large orders, good part was they were on the bid and ask side.
Sounds like this may go way down at the bell and if that’s the case I will have to bail out, look for a good reentry point later in the session. 10-15 cents a share is a lot for a stock that’s trading in the 1.71 range IMO maybe I can get a few freebies tomorrow! Lol…
Been to the movies lately? Lol…
Who really knows what there idea of a test market is? But I can tell you they cant launch it for real soon enough IMO
Goodyear is looking really good today.
Chart is shaping up very nicely, candle parked just on the top Bollinger band, parabolic sar has been a buy for three days now, CCI in the power zone, good volume with more buys than sell for three days running, MACD just turned up today, TRIX crossing, and we are .06 below the 52 week high at the close today.
Now let’s see if we can break through and hold above the 52 week high of 15.45 if it can IMO this will put us into uncharted territory and should create an accelerated bullish run.
Thanks again traders for stopping by the Goodyear board and feel free to leave your own comments on GT
Oh hell URDEEP! Your not swearing or telling lies! ROFL
Just as LKEN needs to the USA has to start creating, marketing, and shipping exports before it creditors find out that we can’t even make the interest payments on the loans, if we don’t some other countries are going to get real mad here in the near future IMO
Can’t save the US by myself so I say GO LKEN!
Thanks Buds this is fun lol…
Kind of sounds like you’re describing the US Government and not LKEN to me! Lol… foreign countries still by tons of it, why? Because we have a product! Are product is the ability to just print more money. At least LKEN has something cool to sell besides shares.