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Anyone interested in the early, early history of Rock & Roll, the latest edition of WQED's Rock series will be airing in Dec. over Public T.V. stations across the country.
Watching it now - Paul & Paula, Brian Hyland, Gary "US" Bonds, Darlene Love (Chrystals), Gary Pucket, Bo Didley, Jerry Lee Lewis, Gerry & Pacemakers, Manfred Mann, & many, many more.
Great show - great series.
Uh oh, ksquared. Projected bowl match-ups have Michigan vs. Texas in the Rose Bowl:
http://cbs.sportsline.com/collegefootball/story/6807918
I assume the Orange would now have Miami vs. Fla. State since Pitt lost last night.
Where's Penn State in that line-up? Lol!
Saturday, November 29, 2003
Updated: November 30, 4:12 AM ET
Associated Press
OMAHA, Neb. -- Nebraska football coach Frank Solich was fired Saturday night after winning more than 75 percent of his games over six seasons but failing to keep the Cornhuskers as the national powerhouse they were under Tom Osborne.
The firing by athletic director Steve Pederson was first reported by the Omaha World-Herald and the Lincoln Journal Star.
"All I know is we did the best we could. We mustered up nine wins. To a man, we can hold our heads high," offensive coordinator Barney Cotton told the Associated Press.
Cotton said he had a bad feeling about the situation on the flight home from Colorado on Friday night after Nebraska's 31-22 victory.
"I was happy with the win and proud of how the kids played, but I didn't know if that win was enough to resolve the situation," he said. "Steve's decision must have already been made."
Solich's son-in-law, Jon Dalton, said Solich is disappointed.
"I don't know the reason behind it," Dalton said. "Get Steve to tell you. This is a sad day for the state of Nebraska."
Split end Ross Pilkington, was stunned.
"I'm so filled with emotion," Pilkington said. "It almost feels like losing my father. After winning nine games, this doesn't happen."
Solich and Pederson could not be reached for comment. Nebraska spokesperson Chris Anderson would not comment Saturday night on the firing.
Pederson has scheduled a news conference for Sunday at noon ET.
Solich had just finished a 9-3 regular season with Friday's 31-22 victory at Colorado. He was 58-19 in six seasons.
Pinnacle Sports Network, the rights holder for Nebraska radio broadcasts, reported that first-year defensive coordinator Bo Pelini would be the interim head coach.
The current group of assistants will coach the in Nebraska's upcoming bowl game. It was unknown whether any of the assistants will be retained after the bowl.
"Frank just said it was over, and that Steve (Pederson) would be contacting us," Cotton told the Lincoln Journal Star.
It will cost the university at least $1.8 million to buy out Solich's contract, which was to run through June 2006. He was paid an annual base salary of $321,260, with another $518,000 in guaranteed supplemental compensation.
Solich took over after Osborne retired after the 1997 season. The Cornhuskers won at least a share of the national title in three of Osborne's final four seasons.
Solich was 42-9 in his first four seasons. He was Big 12 coach of the year in 1999 and 2001, won the '99 conference title and his team played for the national championship after the '01 season.
But Solich's success was downplayed because critics said he won with players recruited by Osborne.
The Cornhuskers went 7-7 in 2002 -- the team's worst season since 1961 -- and struggled against quality opponents this season.
Their three losses all were by more than 17 points, capped by a 38-9 loss to Kansas State -- Nebraska's worst at home since 1958 -- in the final home game of the season.
Solich's record for his six seasons was 58-19.
The last Nebraska head football coach to be fired was Bill Jennings, who was removed and replaced by Bob Devaney in 1962.
Solich played fullback for Nebraska from 1963-65. He was assistant to Osborne for 19 years beginning in 1979.
Don't ya just love their routine? If you don't take it from #'s 1 thru 5, what makes #6 think you'll take it from them? Lol!
Yep, that's a pretty slow time out there. Even the dudes & dudettes handing out smut along the strip take some time off. <g>
Current BCS standings:
1 Oklahoma 1.90
2 USC 6.89
3 LSU 9.04
4 Michigan 10.25
5 Ohio State 14.57
6 Texas 14.98
7 Georgia 15.06
8 Tennessee 17.97
9 Florida St 21.76
10 Miami 22.19
So, who will play whom? An interesting match-up would be Michigan vs. Texas. ;) I'll have to check the rules to see what possibilities exist tho.
Yep. Your team's had quite a year. Mr. Saben's done a great job there - MSU's loss is your gain. I imagine you will be watching that S. Cal game closely next week too. Think upset. <g>
Welcome to the thread.
ksquared,
Sounds like a great dinner there. BTW, your Wolverines made the cover of Sports Illustrated this week - sure hope that doesn't jinx ya. That's been known to happen. ;)
That's an good story, ksquared. I'd be very interested in hearing his name. New Jersey has always been a very fertile recruiting area for Paterno. Of course, he may have just migrated there after college but it's quite possible I'd recognize the name.
As for next year - he could very well be right. ;)
Hope your Holiday was good & filling. <g>
I doubt the new shares have been sold as yet - legally, they can't be until the registration form has been filed with the SEC. I really haven't been following this very closely - what is the current O/S? One of the reasons I sold when I did was the financing news. Not only did it include equity financing (understandable for a BB stock) but a provision of the agreement provided for shares to also be issued to pay off most of the debt to current shareholders. I was afraid there would be too much dilution all at once - especially when there wasn't any real revenue as yet.
Still, long term if the product is good, the # of shares won't be that important I suppose.
I'm not sure I'm following you - are you saying this contract award was "material" & never disclosed? Is the $ amount of the award significantly higher than a normal job? I notice the date was July - has the work commenced? Maybe the Company hasn't realized any of the revenue as yet.
Based upon what I have read, the decision to disclose is not always a black & white thing but I think most companies will err on the side of disclosing if there is any doubt at all. If the company you're looking at hasn't disclosed, then they probably don't consider it a material item - at least not at this time.
The short answer would in all liklihood be "yes",IMO:
Under these cases, information is "material" if there is a substantial likelihood that a reasonable investor would consider it important in making an investment decision - or if it would have significantly altered the total mix of information made available. This is a facts and circumstances test.
Basically, if it is a "material" event, it should be disclosed as quickly as possible.
http://www.realcorporatelawyer.com/faqs/regulationFD.html#M&N
FWIW, the Company just filed an S-8 for an additional 7 million shares.
Just returned from my Vegas trip, Mr. Churak. Very successful, very enjoyable & you were so right about Mama Mia - very good! Actually, an excellent show.
I’ve played all my cards
And that’s what you’ve done too
Nothing more to say
No more ace to play
The winner takes it all
The loser standing small
Beside the victory
That’s her destiny
~AbbA
Lol! Clever, eh?
Well ksquared, ya did it - congrats on the big win Sat.! I wasn't able to watch but kept close tabs on the score. I haven't even checked to see the BCS standings yet so I'm not sure what's going on but I know you'll be there.
For me, the season from Hell is over & for that I'm very grateful! <g> Still looking forward to all the bowl games tho with the hope that next year will return my team to their rightful place on this message board. <g>
Congrats to all winners, condolences to all losers, best of luck to all in the games ahead & welcome to all newcomers. Does that cover everything? ;)
Caught the redeye from the west coast last night - this Lion will sleep tonight. A-weeema-whack, a-weema-whack, a-weema-whack! Lol!
Whoops!
GO BLUE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! <g>
BTOR
Press Release Source: Bluetorch Inc.
Bluetorch Inc. Reduces the Issued and Outstanding Common Shares by 28,200,000 Shares as Part of New Structuring Plan
Tuesday November 18, 7:01 am ET
In Addition - The Company Cancels 400K Series A Preferred Shares
LOS ANGELES, Nov. 18 /PRNewswire-FirstCall/ -- BLUETORCH INC. (OTC Bulletin Board: BTOR - News) announced today that it has signed an Agreement of Settlement and Mutual Release with Melbourne, Australia based Frontier International (Holdings) PTY Ltd. As a result of this agreement, Bluetorch Inc. has returned to Frontier International all intellectual properties, including trademarks, pertaining to the Hot Tuna, Xisle and Piranha brands. Frontier International has returned all but 3.3 million shares of Bluetorch Inc. common stock resulting in a net reduction of 28.2 million issued and outstanding Bluetorch Inc. common shares. Additionally, Frontier International has returned 400,000 Series A Preferred shares to the company. As a result of the Agreement there will be a reduction in the Bluetorch Inc. balance sheet assets as a result of writing off the value of the Frontier International trademarks. Bluetorch Inc. has also assigned the Revo licensing agreement covering the Hot Tuna, Xisle and Piranha brands in the United Kingdom to Frontier International.
Bruce MacGregor, President and CEO of Bluetorch Inc., said: "This is yet another very significant and tactical financial and marketing move by us to realign Bluetorch Inc. in the marketplace as it pertains to the brands we will market wholesale, and the distribution channels in which they will be sold. The addition of the Bluetorch(TM) provided us with a much stronger brand for the core specialty shop distribution channel as compared to Hot Tuna. Whereas Hot Tuna is a strong brand in surf, the Bluetorch(TM) brand, with roots across all extreme sports categories, allows us to market multiple categories in the core shops including surf, skate, snow, motocross and eventually, BMX and wakeboarding. The resulting distribution potential is therefore far greater with Bluetorch(TM). Furthermore, we anticipate that the licensing opportunities with the Bluetorch(TM) brand in other categories such as watches, sunglasses and electronics are immense."
MacGregor also stated, "We also anticipate announcing another major licensing agreement in keeping with our multi-branded, multiple distribution channel philosophy."
Added MacGregor, "The enormous diminution of the outstanding common shares as well as the elimination of the 400,000 Series A Preferred shares allows the company to utilize the reduction as a part of its ongoing acquisition plan. It is essential for shareholders to follow future announcements, which will add clarity to this and previous news releases."
About Bluetorch Inc.
Bluetorch Inc. is an emerging extreme sports company with a well-defined growth strategy focused on licensing, marketing and sales of various products for the extreme sports enthusiast. The Company's management team is focused on increasing shareholder value while expanding its product line to address the needs of the extreme sports arena -- one of the fastest-growing segments in the sporting goods and apparel industries. Additionally, Bluetorch Inc. is aggressively seeking compatible acquisition candidates in order to contribute to expanding marketing channels, which in turn can contribute growth in revenues and earnings. For more information or to stay updated on the Company's progress, please visit: www.bluetorchinc.net.
Investor Contact Information: Marge Rohr at (562) 983-8045 or investors@bluetorchinc.net, and Geoffrey Eiten, OTC Financial Network, (781) 444-6100 x613 or geiten@otcfn.com.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
--------------------------------------------------------------------------------
Source: Bluetorch Inc.
That's certainly possible. But if it happens, it'll probably be by 1 point. ;)
Best wishes, Dallas. Here's hoping this is a temporary inconvenience & permanent improvement.
Gary
excel,
Optimism is one thing - reality is another. <g>
Thanks Churak! Will sort thru it tonight.
Hi folks,
Saw this board mentioned over the weekend. We're leaving for Vegas on Wed. for our annual donation to the Nevada economy. I love playing Video Poker and am always looking for suggestions on where to play (better paybacks, etc.). Anyone ever hear where the best place to play out there may be? Local's favorite?
Appreciate any feedback and will hold harmless any suggestions. <g>
Gary
Mornin' ksquared,
I didn't realize that this game is bigger than I thought
Not only for the reason you mentioned but because it's rumored that Ohio State will jump over S. Cal. in the BCS standings today because of strength of schedule - setting themselves up for a repeat as National Champions. Of course, someone can be the spoilers here. That someone is located in Ann Arbor. <g>
Best of luck come Sat.!
It's beginning to look like no one in the Big East wants the title this year, greg. I kinda thought WVU would win Sat. night in Morgantown - still think they should have beat Miami last month.
Temple in OT? That would have been the upset of the ages. <g> Glad your team pulled it out.
Thanks, ksquared. Right back @ ya! It sure was nice to win one - course, you have to discount it a bit because of who we beat. ;)
We watched the endings of both the Ohio State & FSU games. Great games but I wanted the others to win so it was a bit disappointing. Ohio State has got to be the luckiest team out there - I know, great teams will always find a way to win but this is getting ridiculous! Sure hope you guys put a whuppin' on them this weekend. <g> Looks like they both could end up in the BCS tho.
I'm going out of town Wed. & won't be back until early next week so I'll miss your game but I hope to return to good news for you!
Yep, these things are always confusing, Ed. I guess the best thing to do is wait until about 9:30 AM to see how the market values it. <g>
Thanks, Ed. If I'm reading right, Raquel gets 4.9% of the new company & she owned 51% of the old company. Does that mean the remaining XYNY shareholders will own approx. 4.8%+- of the new company?
Not sure how to value this.
$150 million funding commitment to a BB stock? Are they nuts?
Trading seems to be thin today. Lots of power outages here in the east due to high winds - wind advisory throughout the day with gusts to 60mph. I've lost elec. twice in the last 12 hrs. This could account for at least part of the low volume.
ETCR
Not that I'm aware, Pat. They claimed to be in some kind of quiet period until the test was completed - as per Kentucky officials. I'm like you & BB - I just put it aside some time ago & figured if it happened, it happened. It sure has been a long wait tho.
I just lifted this from "sharky" on RB - he's the one that discovered the freeze last month:
ETCR....CONFIRMED "DD" !
....GOV office of KENTUCKY MOVING FORWARD AGAIN WITH ETCR....just confirmed w/Stephanie Williams 502-564-4510...
Good news, indeed.
The company that lost out to ETCR on the pilot contract had filed suit so the pilot was frozen until it was resolved. That's the way I interpreted "the talk" on RB the last few weeks.
TSBB
Press Release Source: TS & B Holdings Inc
Growth Company TS & B Holdings, Inc. Announces Signing of Acquisition Agreement for Sports Merchandise Company
Tuesday November 11, 11:30 am ET
ORLANDO, FL--(MARKET WIRE)--Nov 11, 2003 -- TS&B Holdings, Inc. ("Company" or "TS&B") (OTC BB: TSBB), announced it recently executed an acquisition agreement to acquire 100% of Sports Nation, Inc., a sports memorabilia marketing company located in Reno, Nevada. The agreement signed with Sports Nation requires an audit of Sports Nation.
Sports Nation is involved in all aspects of the sports memorabilia merchandising industry. Management has over 50 years of combined experience in product development, licensing, mass merchandise, retail, and direct marketing & sales.
Through years of developing, sourcing, marketing and selling the finest caliber of sports memorabilia and collectible products, management has forged numerous strategic relationships with companies and individuals in sports, including the leagues, athletes, agents, manufacturers, authenticators, and retailers.
Sports Nation has identified a multi-stream marketing strategy that will enable sustainable growth and lucrative expansion opportunities in this broad, dynamic industry.
The CEO of TS&B Holdings Inc., James E. Jenkins, stated, "We're very excited about implementing this opportunity with Sports Nation." Sports helped America bond as a nation. Whether sitting in front of TV's or in stadiums, fans root for their teams and stars. This dedication can span lifetimes and be a unifying force for generations of American families. Sports Nation products and services are symbols of this truth.
About TS&B Holdings Inc.
TS&B Holdings Inc. is a holding company aggressively seeking opportunities in emerging and fast growth industries.
TS&B Holdings Inc. has a financial services subsidiary, TS&B Financial Services, Inc., that provides investment and merchant banking services and strategic planning to both the public and private sectors.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Contact:
Contact:
Jim Jenkins
407 649 8325
jjenkins@tsbfinancial.com
http://www.tsbfinancial.com
--------------------------------------------------------------------------------
Source: TS & B Holdings Inc
TSBB
Press Release Source: TS & B Holdings Inc
Growth Company TS & B Holdings, Inc. Announces Signing of Acquisition Agreement for Sports Merchandise Company
Tuesday November 11, 11:30 am ET
ORLANDO, FL--(MARKET WIRE)--Nov 11, 2003 -- TS&B Holdings, Inc. ("Company" or "TS&B") (OTC BB: TSBB), announced it recently executed an acquisition agreement to acquire 100% of Sports Nation, Inc., a sports memorabilia marketing company located in Reno, Nevada. The agreement signed with Sports Nation requires an audit of Sports Nation.
Sports Nation is involved in all aspects of the sports memorabilia merchandising industry. Management has over 50 years of combined experience in product development, licensing, mass merchandise, retail, and direct marketing & sales.
Through years of developing, sourcing, marketing and selling the finest caliber of sports memorabilia and collectible products, management has forged numerous strategic relationships with companies and individuals in sports, including the leagues, athletes, agents, manufacturers, authenticators, and retailers.
Sports Nation has identified a multi-stream marketing strategy that will enable sustainable growth and lucrative expansion opportunities in this broad, dynamic industry.
The CEO of TS&B Holdings Inc., James E. Jenkins, stated, "We're very excited about implementing this opportunity with Sports Nation." Sports helped America bond as a nation. Whether sitting in front of TV's or in stadiums, fans root for their teams and stars. This dedication can span lifetimes and be a unifying force for generations of American families. Sports Nation products and services are symbols of this truth.
About TS&B Holdings Inc.
TS&B Holdings Inc. is a holding company aggressively seeking opportunities in emerging and fast growth industries.
TS&B Holdings Inc. has a financial services subsidiary, TS&B Financial Services, Inc., that provides investment and merchant banking services and strategic planning to both the public and private sectors.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Contact:
Contact:
Jim Jenkins
407 649 8325
jjenkins@tsbfinancial.com
http://www.tsbfinancial.com
--------------------------------------------------------------------------------
Source: TS & B Holdings Inc
Tim,
When I asked that question over on RB some time ago, this was the response I received:
Hi Nitannylion,
Probably Randy could address your question the best, but I will take approach to deal with the questions. Brodbeck, as I understand it, used to be partners with Stan, the CEO of Clancysystems. I believe for years when the business first started up, both Stan and Brodbeck "paid" themselves with some clsi stock instead of paying themselves with just money. (This is just my perspective and could have errors in the way I understood it. Anyone feel free to correct anything that seems to be in error.)
Too make a long story short, Brodbeck had around 80 million plus shares and now has about 26 million shares left. A part of those shares were recently acquisitioned by some one in California who is part of CMTI. (see the attached news from clsi for this info.)
http://www.clancysystems.com/newsite/20030212.htm
Anyway the good news is that both Brodbeck and the person (Jim?)who acquistioned the shares from Brodbeck have an "agreement" to refrain from selling shares for a year. I have no guarantee that this agreement would be honored, but it seems that there has been minor selling in the last few months. So far so good. JMHO
I can not say if the relationship between Brodbeck and Clancy is amicable, but it would seem that Brodbeck can only sell his remaining 26 million shares. So that is a plus compared to the 80 million shares plus he used to have.
If the new aquirer of shares (Jim) is supportive of the company hopefully he will hold his shares tightly or only sell enough to get back his initial investment. BUT, who knows, I don't. It would seem to me though that if the company is doing better as a company that they still might want to hold the better part of their shares just to remain a part of the clsi picture.
Hope this helps a little. Time will tell.
Dave
That's the theory but I don't recall ever really seeing it happen. I'm not in this @ present but I'm not against buying it back @ some point.
Best of luck to you.
Interesting find there. Keep your eye on this site to see if they register the name with Nevada:
http://sos.state.nv.us/corpsrch.asp
Right now there's nothing for Nanosignal - still showing Microsignal.
Mornin' ksquared,
Someone had sent me that article the other day along with a host of others from various Pa. papers. It's become a very big "news" item.
My belief is that his contract should be honored next year and then they should put together a national search to bring in the best possible candidate.
After all is said & done, it comes down to this, "be careful what you wish for, it might come true". Ask Notre Dame.
If you get my drift. <g>
Oldschool,
What they are saying is that as a result of the sale of the intangible asset (goodwill), they will recognize a gain of approx. $20 million. If they sold the asset for $43 million, the basis for book purposes must have been approx. $23 million (their basis is their original cost less any amortization expense claimed to date). On their last 10Q they had goodwill listed @ $33 million so I would assume the next Q will show a remaining amount of about $10 million.