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Thanks for the heads up.
When they will release the status of the $55m?
Holiday's spirit!
As per yahoo, revenue per share $26.846...lol
http://finance.yahoo.com/q/ks?s=TWKGQ.PK
life,
The current shareholders must own at least 50% of the post merger entity to preserve the NOLs which was worth $5.85 as per Trenwick.
My question is....If we merge, New shares need to be issued in the merger process.symbol change...etc....Assuming they issue another 100mil shares,will the new issued shares be getting a part of the NOLs?
Or we are going to merge into the parent company,and how this is gonna be calculated?
because someone wants to buy a $100 ticket!
8333 x $0.012 = $99.99
Temp,You don't need to introduce yourself...
Sorry for Amy...
Wish Jad and Sherlok are around too..
I'm Doc stocktrader...
Those wonderful legs gave us the "strength' to hold our shares for the past six years...
Everyone??
Jester........ what is your job?
Collecting nuts from WEAK hands!
Morning Eva!
There is something wrong here:
from 8K,23-Oct-2008
The Company's Articles of Incorporation currently allow for issuance of a maximum of 500,000,000 shares of common stock.Currently, the Company has approximately 4,689,988 shares outstanding, leaving an unissued balance of authorized shares that is not sufficient to service the maximum requirements of the DIP Notes. In the event we are unable to obtain an increase in our authorized common stock, we will be required to repay the DIP Notes and we will be subject to penalties associated with such failure to deliver shares of common stock upon conversion of the DIP Notes as well as prepayment penalties.
As per Nevada records and Oct 2007 8K, there were 300Mil shares not 500Mil shares, am I missing something here?
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
From Oct 2007 8K filling:
Shearson Financial Network, Inc. (the “Company”) filed a Certificate of Change to its Certificate of Incorporation (the “Certificate of Change”) with the Secretary of State of Nevada effective October 29, 2007. The Certificate of Change was filed to increase the number of authorized shares of common stock from 5,000,000 shares to 300,000,000 shares.
Item 9.01 Financial Statements and Exhibits
Nevada:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=ZnlT%252f3Z7pCsXqO0eU5o%252bEw%253d%253d&CorpName=SHEARSON+FINANCIAL+NETWORK%2c+INC.
lifegear,
Canopious said they are planning at the end of 2010 to close Syndicate 839’s 2008 year of account into Syndicate 4444 subject to there being no significant areas of uncertainty remaining or emerging that would prevent the agency from determining an equitable reinsurance to close.
http://www.canopius.com/bin/pdf/original_pdf_file/annual_report_2007.pdf
Page 16
Good morning all!
wonderful day..Dow 500 UP!!!
You guys have a lovely weekend...
Ya...by mid 2009...Summer time.....
Don't you want a beach walk with eVA?
There is another gap from $11 to $14.
That one I'm interested in
Not this cat!
I held for six year,and will be holding till they say Shareholders are wiped out...
Till then...
Where is Monk?
A $14 trade can take us down 37.5%!!
The beauty of the penny land!
The bright side is, Shares are held tight!
How many you think have the balls to buy a Q company while Ford trading @$1.30?
To take care of price and shorty,we need
Lifegear, interesting posts! Thanks for the
Oh god, not again!!
the Company has approximately 4,689,988 shares outstanding,
Hello Wide,I'm in too..
Shorty in trouble! they have to climb higher to get shares!!
Shares are tightly held.
Lifegear, I think LaSalle series A Preferred Shareholders will get further distribution.
-----------------
from July 8K, LaSalle:
5. Estimated timing of further dividends to the Company’s Series A Preferred Shareholders
This initial distribution to the Company’s Series A Preferred Shareholders represents a distribution of substantially all of the assets of the Company.
However, the Company still has a small number of contingent assets which may result in further realizations for the estate in the future. Depending on the outcome of the realisation efforts, an additional distribution to the Company’s preferred shareholders may be made prior to the formal dissolution of the Company.
It is anticipated that any further distributions to Series A Preferred Shareholders will occur within 12 months, although the exact timing and the quantum of any further distribution is uncertain.
As the 8K gets closer...
Oh kid...
The float is thin...thinner than you can imagine!
Excellent close...Wouldn't ask for better!
have a good one!
Lovely!
And it may happen overnight!No second chance here,
you are either in or will be watching!
Exactly!