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Dam! I am on a summer schedule with Monday's off! DUH.
Still no updates from the Billionaires club? No answer to my email either! Inquiring minda want to know!
Agreed~! I have too many other pinkies that are slowly drifting down. I believe in this one, so show me the $$$$$$$$$$$$$!
I would love to see .005! I would love to see a bid, then a slow climb. JMHO
I know there was a shortage of rigs, but I agree that the manufacturer should keep the company informed and the company should keep the investors informed. I do detect a bit of "concern" from some on this board. As tomorrow is Wednesday and a favorite PR day......Maybe?
I believe you have one of the best posts to show the overall sentiment! I admire the DD but I also want to see hard, verifiable facts!
Hell a pump and dump would suit me fine. LOL I would take a .0005 bid!
I can't believe all of the posts lately. BTW, How can anyone say pump and dump? You can buy at .0001 but you can't sell! When we move up to say .0005/.0006 then I could see a possible pump and dump!
That is where I got the AT&T connection. Thank You!
I realize this. Several months ago, I posted how Nextel merged and how many Voip companies are merging or getting bought up. I believe some are not doing so well either. I believe Vonnage may be one of them. I am still holding and waiting. GLTA
I may have missed an answer to this before, but what happens if everyone asks for their certs? I know the drawback is the liquidity.
Oh no. AT&T rumors are starting again. I am going to have to find Stan and tell him! LOL I want to get blamed again!Seriously, I hope we get something better than the standard 8K this month.
SEE POST 8551
Could get interesting! I believe my posts on the TA being responsible was good. Also if Ma is changing her site, could be setting up for a R/M which would cause a hell of a run! JMHO
The next PR must contain at least the rig being on site, home building, a wind energy contract or a signed JV partner. Then we move up. I admire all of the posts and DD, buy to get money flowing in we need a reason. $$$$$$$$$$$$$$$$
Interesting?????????????????/
BASH THIS BASTID HARD AND MAYBE WE WILL SEE $1.00 lol
I especially like this paragraph citing liability:
Counsel for STAMP, Inc. has reviewed the language contained in the current Medallion Program Documents and determined that no changes are necessary to accommodate the Project. Furthermore, STAMP, Inc. is aware of a landmark case involving inappropriate documents contained in a “legal transaction”. The Transfer Agent clearly erred in its examination and acceptance of supporting documents and a wrongful transaction resulted. Regardless, a claim against the Guarantor was made. After review and discussion with its Surety Company, the Guarantor acknowledged its responsibility and paid the claim, in full. This case did not involve a legal judgement and does not constitute precedence. However, it is a clear indication of the effectiveness of Section 8-306 of the Code and Medallion Guarantee Program Documents.
Right now our symbol seems to be the flying bird from DANS. Or up ours, or the middle finger express! Take your pick. LOL
I would love to see Shakerzzz and a few others jump in. The only problem I believe is they like to flip. Now if they would commit ................????????????????????????
Insiders may not have to report as long as the sale was after the general public knew of a "material event."
Restrictions on Trading
Directors and other insiders cannot trade in the securities of their bank or company while in possession of material nonpublic information about the bank or company, and may not "tip" material nonpublic information to anyone. Once the information is properly disseminated and digested by the investing public, directors and others in possession of the information may trade.
These restrictions apply regardless of whether the company or bank is subject to SEC reporting requirements. Even directors of banks or companies with a limited number of outside shareholders where infrequent trades occur should be careful to adhere to these restrictions.
If the information is not material, there is no duty to abstain from trading until the information is publicly disseminated.
I agree. Also without any curent filings, is there anyway to confirm the # of insider shares still held?
There were rumors after the run that insiders may have sold off.
Interest picking up on other sites too. Looks like the most interest in an extremely long time. MAYBE? $$$$$$$$$$$$$$$
As you can see, I am getting very PO'd at the way things are going. How many of the other 54 boardmarks agree?
We don't care about Danskin Investors, we have BILLIONS.
Could this be how the insiders of Danskin feel? JMHO
Cablevision Chairman Charles Dolan, whose family agreed to buy the rest of the nation's No. 5 cable operator in a $10.6 billion deal.
Shares of Cablevision (Charts, Fortune 500) jumped about 8 percent.
Still no answers to my emails. Well maybe I will try to call this POS! Sounds more like WINO PRODUCTIONS.
Tasha, we have to restart the DD, I believe it died and the stock went stagnant. If I recall properly, VLNT got their patents back. The KEY is finding out who is getting the money. If we can crack that, I believe .10 is possible.
There should be some MOMO soon, I believe. It may be a win/win situation.
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PO Box 5220
Hazlet, NJ 07730
Phone: 732-888-6040
Fax: 732-888-2121
PAPERLESS LEGALS
PROJECT CONCEPT
The Project goal is the elimination of Transfer Agent examination, approval and retention of documents that accompany requests for non-routine transactions, commonly known as “legals”. A change to the existing process will benefit investors and the Securities Industry, as a whole.
Guarantors will be relieved of the tasks of duplicating and mailing supporting documents to separate Transfer Agents for the same customer. They will also be relieved of the necessity of dealing with processing differences caused by variances in individual Transfer Agent requirements and they will experience a reduction in rejects and “reject fees”. Transfer Agents will benefit from significant processing efficiencies in their operations, legal/paralegal, and document retention areas. Lastly, investors will no longer be faced with lengthy, sometimes confusing and frustrating, securities transactions.
The basis for changing the current, centuries old process, is the protection afforded Issuers and Transfer Agents within Section 8-306 of Uniform Commercial Code which spells out the warranties of the Guarantor:
...at the time of signing,
(a) the signature was genuine; and
(b) the signer was an appropriate person to indorse; and
(c) the signer had legal capacity to sign.
Counsel for STAMP, Inc. and various Commercial Transfer Agents have determined that the UCC language is protective and sufficient to warrant the proposed change. Furthermore, the New York Stock Exchange, Rule 210 contains almost identical language covering the warranties of members who act as Guarantors. Representatives of the NYSE have been kept up to date with the progress of the Project.
Counsel for STAMP, Inc. has reviewed the language contained in the current Medallion Program Documents and determined that no changes are necessary to accommodate the Project. Furthermore, STAMP, Inc. is aware of a landmark case involving inappropriate documents contained in a “legal transaction”. The Transfer Agent clearly erred in its examination and acceptance of supporting documents and a wrongful transaction resulted. Regardless, a claim against the Guarantor was made. After review and discussion with its Surety Company, the Guarantor acknowledged its responsibility and paid the claim, in full. This case did not involve a legal judgement and does not constitute precedence. However, it is a clear indication of the effectiveness of Section 8-306 of the Code and Medallion Guarantee Program Documents.
I agree with your time frame.This is probably a different set up, I am not the expert, but once the rig is working, it appears workovers can go pretty fast!
http://www.patentdigi.com/drum_brake_having_duo_mode/downhole_gas_separator.html
So we need the rig on site and then..........
Maybe I should call Tappy Phillips from EYEWITNESS NEWS in New York to interview the following persons:
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information, as of March 1, 2002,
regarding the beneficial ownership of the Common Stock by (i) each person known
to the Company to beneficially own more than 5% of the Common Stock; (ii) each
director and each named executive officer; and (iii) all executive officers and
directors of the Company as a group. A person is a beneficial owner if he or she
has or shares voting power or investment power. On March 1, 2002, there were
outstanding 68,945,454 shares of Common Stock (excluding 1,083 shares held by a
subsidiary of the Company) and 3,042 shares of Series E Preferred Stock.
BENEFICIAL OWNERSHIP OF SECURITIES AS OF MARCH 1, 2001
BENEFICIAL OWNERSHIP
----------------------------------------------------------------------------
NAME AND ADDRESS AMOUNT AND NATURE OF BENEFICIAL PERCENT OF OUTSTANDING VOTING
OF BENEFICIAL OWNER OWNERSHIP SECURITIES
----------------------------- --------------------------------------------- -----------------------------
Marbre Services (1).......... 18,738,635 Common Stock 24.14%
10100 Santa Monica Blvd 200 Series E Preferred Stock 6.57%
Los Angeles, CA 90067
Alpine Associates (2)........ 17,053,388 Common Stock 22.25%
100 Union Avenue 175 Series E Preferred Stock 5.75%
Cresskill, NJ
Regent Capital Holdings, Inc. 16,516,395 Common Stock 21.90%
(3)........................ 120 Series E Preferred Stock 3.94%
505 Park Avenue
Suite 1700
New York, New York 10022
S.G. Cowan (4)............... 16,666,800 Common Stock 19.47%
32 Old Slip 600 Series E Preferred Stock 19.72%
New York, NY 10004
Andrew J. Astrachan (5)...... 10,883,231 Common Stock 14.37%
200 Series E Preferred Stock 6.57%
Charles Dolan (6)............ 11,111,200 Common Stock 13.88%
c/o Cable Vision 400 Series E Preferred Stock 13.15%
1111 Stewart Avenue
Bethpage, NY 11714
Donald Schupak (7)........... 5,898,315 Common Stock 7.88%
0 Series E Preferred Stock
David Chu (8)................ 5,588,798 Common Stock 7.85%
610 Park Avenue 40 Series E Preferred Stock 1.31%
New York, New York
Carol J. Hochman (9)......... 2,824,900 Common Stock 3.99%
50 Series E Preferred Stock 1.64%
Nina McLemore (10)........... 1,039,648 Common Stock 1.49%
0 Series E Preferred Stock
James P. Jalil (11).......... 83,333 Common Stock *
0 Series E Preferred Stock
Henry T. Mortimer, Jr. 63,333 Common Stock *
(11)....................... 0 Series E Preferred Stock
John A. Sarto (11)........... 583,100 Common Stock *
0 Series E Preferred Stock
40
Margaret B. Pritchard (11)... 368,750 Common Stock *
0 Series E Preferred Stock
Larry B. Shelton (11)........ 63,333 Common Stock *
0 Series E Preferred Stock
All Directors and............ 27,396,741 Common Stock 31.22%
Executive Officers as a 240 Series E Preferred Stock 9.53%
Group
(10 persons) (12)
--------------------------------------------------------------------------------
* Percentage of shares of Common Stock beneficially owned does not exceed one
percent of the class of Common Stock.
(1) The amount shown as Common Stock includes (a) 5,555,600 shares of Common
Stock issuable upon conversion of the Series E Preferred Stock, and
(b) 3,126,667 shares of Common Stock underlying presently exercisable
Warrants. Each shares of Series E Preferred Stock entitles the holder
thereof to one vote per share for each share of Common Stock that would be
issued upon conversion of a share of Series E Preferred Stock (27,778 votes
per share).
(2) The amount shown as Common Stock includes (a)4,861,150 shares of Common
Stock issuable upon conversion of the Series E Preferred Stock, and
(b) 2,835,930 shares of Common Stock underlying presently exercisable
Warrants.
(3) The amount shown as Common Stock includes (a) 3,333,360 shares of Common
Stock issuable upon conversion of the Series E Preferred Stock, and
(b) 3,126,667 shares of Common Stock underlying presently exercisable
Warrants.
(4) The amount shown as Common Stock includes 16,666,800 shares of Common Stock
issuable upon conversion of the Series E Preferred Stock.
(5) The amount shown as Common Stock includes (a) 5,555,600 shares of Common
Stock issuable upon conversion of the Series E Preferred Stock, 645,160 of
which are held by Mr. Astrachan and 2,580,640 are held by Onyx Partners, of
which Mr. Astrachan is a principal, (b) 1,172,398 shares of Common Stock
underlying presently exercisable Warrants, and (c) 83,333 shares of Common
Stock underlying presently exercisable stock options.
(6) The amount shown as Common Stock includes 11,111,200 shares of Common Stock
issuable upon conversion of the Series E Preferred Stock.
(7) The amount shown as Common Stock includes (a) 5,808,315 shares of Common
Stock underlying presently exercisable Warrants, and (b) 90,000 shares of
Common Stock underlying presently exercisable stock options.
(8) The amount shown as Common Stock includes (a) 1,111,120 shares of Common
Stock issuable upon conversion of the Series E Preferred Stock,
(b) 1,042,222 shares of Common Stock underlying presently exercisable
Warrants, and (c) 83,333 shares of Common Stock underlying presently
exercisable stock options.
(9) Amounts shown include (a) 436,000 shares of Common Stock underlying a
presently exercisable warrant held by Richard Hochman, Ms. Hochman's
husband, and (b) 1,388,900 shares of Common Stock issuable upon conversion
of the Series E Preferred Stock held by Mr. Hochman. The amounts for
Ms. Hochman do not include holdings of Regent Capital Holdings of which
Mr. Hochman is a principal.
(10) The amount shown as Common Stock includes (a) 818,708 shares of Common
Stock underlying presently exercisable Warrants, and (b) 53,333 shares of
Common Stock underlying presently exercisable stock options. The amounts
shown as Common Stock do not include the holdings of Regent Capital Holdings
(see Note 3 above) of which Ms. McLemore is a principal. If such holdings
were included, Ms. McLemore would hold 21.56% of the outstanding voting
securities of the Company.
(11) The amounts shown as Common Stock reflects presently exercisable stock
options.
(12) The amounts shown as Common Stock includes (a) 8,055,620 shares of Common
Stock issuable upon conversion of the Series E Preferred Stock,
(b) 9,277,643 shares of Common Stock underlying presently exercisable
Warrants, and (c) 1,471,848 shares of Common Stock underlying presently
exercisable stock options.
ARE THE INSIDERS PADDING THEIR OWN POCKETS AND SCREWING US LITTLE GUYS. DO BILLIONAIRES CARE ABOUT US?
DANSKIN INC
Form:10-K Filing Date:3/30/2001 Jump to : -- Use Sections To Navigate Through The Document -- 10-K FORM 10-K ITEM 1. BUSINESS ITEM 2. PROPERTIES ITEM 3. LEGAL PROCEEDINGS ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS ITEM 5. MARKET FOR THE REGISTRANT'S COMMON STOCK AND RELATED ... ITEM 6. SELECTED CONSOLIDATED FINANCIAL DATA ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ... YEAR 2000 READINESS DISCLOSURE LIQUIDITY AND CAPITAL RESOURCES ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET ... ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING ... ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT NAME AND TITLE ITEM 11. EXECUTIVE COMPENSATION COMPENSATION TABLE OPTIONS (AGGREGATE) ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND ... BENEFICIAL OWNERS ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ... SIGNATURES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS BALANCE SHEET INCOME STATEMENT STOCKHOLDERS EQUITY CASH FLOW VALUATION AND QUALIFYING ACCOUNTS EXHIBIT 23.1 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS Format : HTML RTF Sections Excel Original PDF File Back
DANSKIN, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(DOLLAR AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)
PREFERRED PREFERRED COMMON STOCK COMMON ADDITIONAL PAID-IN NOTE RECEIVABLE
SHARES STOCK AMOUNT SHARES STOCK AMOUNT CAPITAL FROM STOCK SALE
--------- ------------- -------------- ------------- ------------------ ---------------
Balance, December 27, 1997..... 10,073,207 $101 $20,366
Comprehensive loss
Net loss...................
Minimum pension liabililty
adjustment...............
Total comprehensive loss.....
Preferred stock dividend.....
Sales and contribution of
Common Stock to Employee
Savings Plan............... 92,403 1 49
Employee Stock Grant......... 750,000 7 439
Private Offering............. 7,864,336 79 2,281
Rights Offering.............. 2,135,664 21 319
Warrants Issued.............. 29
----- ------- ----------- ---- ------- -------
Balance, December 26, 1998..... -- -- 20,915,610 $209 $23,483 --
Comprehensive loss
Net loss...................
Minimum pension liabililty
adjustment...............
Total comprehensive loss.....
Preferred stock dividend.....
Issuance of Series E
Preferred Stock............ 3,042 15,210 (437)
Conversion of Series D
Preferred Stock............ 40,000,000 400 11,006
Common Stock issued for
Series D dividends......... 6,924,000 69 2,008
Common Stock option
exercises.................. 5,185 4
Employee Stock Grant......... 1,100,000 11 313
Warrants Issued.............. 2,165
Stock Sale................... 5,040,000 50 1,311 (1,361)
----- ------- ----------- ---- ------- -------
Balance, December 25, 1999..... 3,042 $15,210 73,984,795 $739 $39,853 ($1,361)
Comprehensive loss
Net loss...................
Minimum pension liabililty
adjustment...............
Total comprehensive loss.....
Preferred stock dividend.....
Employee Stock Grant......... 659
Rescind Stock Sale........... (5,040,000) (50) (1,311) 1,361
----- ------- ----------- ---- ------- -------
Balance, December 30, 2000..... 3,042 $15,210 68,945,454 $689 $38,542 $ --
===== ======= =========== ==== ======= =======
ACCUMULATED OTHER
COMPREHENSIVE
ACCUMULATED DEFICIT INCOME(LOSS) TOTAL
------------------- ------------------ --------
Balance, December 27, 1997..... ($16,511) ($2,275) $ 1,681
Comprehensive loss
Net loss................... (6,921) (6,921)
Minimum pension liabililty
adjustment............... (771) (771)
-------
Total comprehensive loss..... (7,692)
-------
Preferred stock dividend..... (1,114) (1,114)
Sales and contribution of
Common Stock to Employee
Savings Plan............... 50
Employee Stock Grant......... 446
Private Offering............. 2,360
Rights Offering.............. 340
Warrants Issued.............. 29
-------- ------- -------
Balance, December 26, 1998..... ($24,546) ($3,046) ($3,900)
Comprehensive loss
Net loss................... (19,908) (19,908)
Minimum pension liabililty
adjustment............... 11 11
-------
Total comprehensive loss..... (19,897)
-------
Preferred stock dividend..... (1,078) (1,078)
Issuance of Series E
Preferred Stock............ 14,773
Conversion of Series D
Preferred Stock............ 11,406
Common Stock issued for
Series D dividends......... 2,077
Common Stock option
exercises.................. 4
Employee Stock Grant......... 324
Warrants Issued.............. 2,165
Stock Sale................... 0
-------- ------- -------
Balance, December 25, 1999..... ($45,532) ($3,035) $ 5,874
Comprehensive loss
Net loss................... (7,905) (7,905)
Minimum pension liabililty
adjustment............... 276 276
-------
Total comprehensive loss..... (7,629)
-------
Preferred stock dividend..... (1,369) (1,369)
Employee Stock Grant.........
Rescind Stock Sale...........
-------- ------- -------
Balance, December 30, 2000..... ($54,806) ($2,759) ($3,124)
======== ======= =======
If the housing is prefab as I believe, they should bang many out per month. Quick fast money! Also, do I recall they can workover a well in two weeks? More money!
PR, Buyback = $$$$$$$$$$$$$$$
Too quiet. Hopefully the calm before the run. Need a R/M PR for $1.00.
This one is overdue for some action. Let's see arun this week.
Soon rigs then oil then $$$$$$$$$$$$$$$$$$$$$$$$$! If by the 2nd week of June is the rig delivery then we should have a bopd by July! Hold on tight I feel like the time will be soon!
Way overdue. Like they say, "Every dog has it's day!" WOOF!
See #2343.
The 15th, our usual PR date is rapidly approaching. Maybe this time more than an 8K!