TGIF
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ACT still on radar
Ad-Aware Anniversary Edition looks very good. It caught a virus that Norton, Windows Defender, and others missed.... does not hog resources ... and I love the interface and boot monitoring.
VRS playable under .20 imo
XE is on radar watch today ...
Imagine losing your baby and 4 years of your life worrying about the consequences of something you have no clue how you did it. She can probably forget about supply teaching for the rest of her life, though I doubt she ever wants to do it again anyway.
I wonder how you can compensate for that ...
looking good here
Careful with that click Eugene!
http://cosmos.bcst.yahoo.com/up/player/popup/index.php?cl=11740028
P is getting tasty!!
Railpower Technologies saves on 50 jobs
2009-01-28 09:20 ET - News Release
Mr. Jose Mathieu reports
RAILPOWER ANNOUNCES REDUCTION IN WORKFORCE
Railpower Technologies Corp. is reducing its work force by 37 per cent, from 134 to 84 employees. This decision is further to the corporation's previously announced cost-reduction plan.
"It is difficult to have to lay off so many talented members of our team. We recognize their hard work and dedication in building the corporation's business and regret that we have no other option but to reduce costs," said Jose Mathieu, president and chief executive officer of the corporation.
As previously disclosed, the corporation's continued viability depends on its ability to rebuild its order backlog and secure new sales with its customers. In light of the current context, the corporation has commenced reviewing and evaluating all available alternatives, including obtaining additional sources of financing in the form of debt or equity and selling the corporation, which may take the form of a sale of its shares or assets. Despite undertaking these and other strategies, the corporation's ability to continue as a going concern and to realize the carrying value of its assets and discharge its liabilities cannot be guaranteed.
ACT getting movement
"You can't steal second base and keep you foot on first."
--Frederick Wilcox, writer
currency ETFs on radar today
John Updike is dead at 76
"Learning is not compulsory, but neither is survival."
--W. Edwards Deming, quality expert
valued at .38 except you have to wonder why the deal closes in April?
VRS.to (Allen-Vanguard and Tailwind Financial Inc. announce proposed merger and shareholder rights offering
any dips under .20 are tradeable, imo
Look at US dollar kabooming!!
RIM CEOs may face C$100 million penalty: report
Thu Jan 22, 11:12 AM
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TORONTO (Reuters) - Canadian regulators are seeking a record penalty as high as C$100 million ($80 million) from the top two executives of Research In Motion Ltd for their role in a stock option accounting controversy dating back to 1996, the Globe and Mail newspaper reported.
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(Reuters)
TORONTO (Reuters) - Canadian regulators are seeking a record penalty as high as C$100 million ($80 million) from the top two executives of Research In Motion Ltd for their role in a stock option accounting controversy dating back to 1996, the Globe and Mail newspaper reported.
Ontario Securities Commission staff are in advanced discussions with lawyers representing RIM's co-chief executive officers, Jim Balsillie and Mike Lazaridis, the paper said on Thursday, citing people familiar with the developments.
Reached at his home, Balsillie declined to comment on what he described as rumors, the paper reported. Neither Lazaridis nor his lawyer could be reached. A spokeswoman for the OSC said: "We can't comment on enforcement cases."
The OSC's investigation began in 2006. The regulator began negotiating a potential settlement last fall, the paper said, citing sources.
In March 2007, RIM announced an internal review had found no intentional misconduct by executives directors or other employees responsible for administering options grants.
However, Balsillie stepped down as chairman at the time as the company revealed a $250 million earnings restatement relating to mistakes in how it granted the options.
Given that RIM's disclosure of the OSC options probe goes back to 2006, investors have had plenty of time to digest the news and so are not taken aback by reports of a potential settlement, said independent technology analyst Carmi Levy.
Regulators are "just attaching a number to something that people have known about and understood for quite some time," Levy said, adding that if C$100 million is the amount ultimately paid to regulators, "it's certainly worse than (RIM) would have hoped for, but it's no big surprise."
The market did not appear shocked by the news nor size of the possible settlement, as RIM's highly volatile shares gave up C$1.07, or 1.6 percent, to C$65.68 on the Toronto Stock Exchange. The shares sometimes swing up to 10 percent up or down in a single session even with no news from the company.
The OSC has pushed for Balsillie to pay the bulk of any penalty and relinquish his seat on RIM's board of directors for a period of time, the Toronto-based Globe said.
Although one person familiar with the talks said the parties were nearing an agreement, nothing has been finalized, the report added.
Waterloo, Ontario-based RIM declined to comment on the report. The Ontario Securities Commission was not immediately available.
($1=$1.26 Canadian)
(Reporting by Wojtek Dabrowski in Toronto and Bijoy Koyitty in Bangalore; editing by Rob Wilson)
VRS on watch again
"I've believed ever since that living on the edge, living in and through your fear, is the summit of life, and that people who refuse to take that dare condemn themselves to a life of living death."
--John H. Johnson (American Businessman, Founder of Johnson Publishing)
very promising play imo
Next you know he will also buy and download on his iPOD Touch
Rihanna
good girl gone: RELOADED
Akon
Freedom
What the hell is happening to OU?
Appaloosa is a Western movie with Viggo Mortensen, Jeremy Irons, and Ed Harris (also directed it) and the annoying Renee Zellwegger
... enjoyed this movie a lot
http://www.imdb.com/title/tt0800308/fullcredits#cast
BBQ time at the Kody's
Malawarebytes took 1h45m to scan my desktop. I love it!!
I do have a few of those drives lying around, but I like your idea!
Excellent, thanks!!
Is there an easy way to transfer bookmarks from one computer to an other? I want to transfer my bookmarks from my older desktop (Windows XP to my new laptop Vista Premium).
Thanks in advance for any tips.
ou
Thanks BB52!
I have Norton 360 on my new Toshiba laptop, and so far it seems to be much less resource hungry than previous Symantec products.
Installing some extra protection like Malawarebytes -- Thanks to Bruce and all his guru friends for keeping us safe and running smoothly on Internet and with our computers.
Creating a System Recovery DVD Disc for my new Toshiba laptop ....
Nice charts 6 sense!!
Freegold Ventures' Jackson resigns from board
2009-01-14 08:32 ET - News Release
Mr. Steve Manz reports
FREEGOLD FINANCING UPDATE
Freegold Ventures Ltd. has provided an update on its efforts to secure additional financing for the repayment of its $4-million (U.S.) in bridge loans and to provide additional working capital for the company.
Freegold has recently received terms from a private European lender for a secured line of credit of up to $10-million (U.S.) for a maximum maturity of three years. Terms under this facility include interest that will be paid annually on each anniversary of the closing, based on the average U.S. dollar three-month London interbank offered rate (Libor) during the period plus 2 per cent per year. The facility is to be collateralized by a first priority pledge of the shares in Freegold's wholly owned U.S. subsidiaries and a general security agreement against the personal property of the company (including a second charge against the processing and private property assets currently collateralizing an equipment loan at Golden Summit). Funds drawn under the line of credit may be repaid at any time, and no upfront fees or conversion rights are being paid or granted to the lender. Upon the company receiving advances totalling a minimum of $7.5-million (U.S.), the lender will receive 750,000 warrants to purchase Freegold common shares for a period of two years from the date of grant at a price of 30 cents per share. A finder's fee, payable in cash and equal to 4 per cent of the amounts drawn under the line of credit, will be paid to an arm's-length party in connection with this financing.
Funds drawn under this facility will be used to repay in full the company's $4-million (U.S.) in bridge debt. Closing of this facility is expected to occur within the next three weeks, and in consideration of this timing, the bridge lenders have agreed to extend the maturity of their loans to Feb. 10, 2009. As consideration of this extension, the exercise price of the 350,000 warrants each lender received at the time the bridge loans were advanced will be reduced from 66 cents and 55 cents respectively to 30 cents, and the company will issue each lender an additional 250,000 common shares. Pursuant to the policies of the Toronto Stock Exchange, the repriced warrants may not be exercised for a period of 10 business days. The other terms and conditions of the bridge loans will remain unchanged.
Freegold also announces that Robert Jackson, president of Tiomin Resources Inc., one of Freegold's bridge lenders, is also stepping down from the board effective immediately. The company would like to thank Mr. Jackson for his service to the company and wish him the best in his future endeavours.
Commenting on the financing, Freegold president and chief executive officer, Steve Manz, said: "We are very pleased to have been able to obtain terms for a facility of this size and term during these difficult market conditions. We have always been sensitive to the issue of equity dilution. Our last equity financing closed in June, 2007, and should we be successful in closing this new line of credit, we would continue to avoid the issuance of a large numbers of shares at low share prices to provide the company with additional working capital. Closing of this facility would allow full repayment of the two bridge loans on a more favourable and longer term basis, and the company would remain well positioned to continue to add value to its advanced Alaska and Idaho projects. Following completion of the financing, work over the coming months would involve low-cost analysis and modelling of the extensive programs undertaken this year on our four projects, after which we would evaluate the best manner to move the projects forward and add to our overall gold resource base."
The transactions described herein are subject to regulatory approval.
Freegold Ventures' Jackson resigns from board
2009-01-14 08:32 ET - News Release
Mr. Steve Manz reports
FREEGOLD FINANCING UPDATE
Freegold Ventures Ltd. has provided an update on its efforts to secure additional financing for the repayment of its $4-million (U.S.) in bridge loans and to provide additional working capital for the company.
Freegold has recently received terms from a private European lender for a secured line of credit of up to $10-million (U.S.) for a maximum maturity of three years. Terms under this facility include interest that will be paid annually on each anniversary of the closing, based on the average U.S. dollar three-month London interbank offered rate (Libor) during the period plus 2 per cent per year. The facility is to be collateralized by a first priority pledge of the shares in Freegold's wholly owned U.S. subsidiaries and a general security agreement against the personal property of the company (including a second charge against the processing and private property assets currently collateralizing an equipment loan at Golden Summit). Funds drawn under the line of credit may be repaid at any time, and no upfront fees or conversion rights are being paid or granted to the lender. Upon the company receiving advances totalling a minimum of $7.5-million (U.S.), the lender will receive 750,000 warrants to purchase Freegold common shares for a period of two years from the date of grant at a price of 30 cents per share. A finder's fee, payable in cash and equal to 4 per cent of the amounts drawn under the line of credit, will be paid to an arm's-length party in connection with this financing.
Funds drawn under this facility will be used to repay in full the company's $4-million (U.S.) in bridge debt. Closing of this facility is expected to occur within the next three weeks, and in consideration of this timing, the bridge lenders have agreed to extend the maturity of their loans to Feb. 10, 2009. As consideration of this extension, the exercise price of the 350,000 warrants each lender received at the time the bridge loans were advanced will be reduced from 66 cents and 55 cents respectively to 30 cents, and the company will issue each lender an additional 250,000 common shares. Pursuant to the policies of the Toronto Stock Exchange, the repriced warrants may not be exercised for a period of 10 business days. The other terms and conditions of the bridge loans will remain unchanged.
Freegold also announces that Robert Jackson, president of Tiomin Resources Inc., one of Freegold's bridge lenders, is also stepping down from the board effective immediately. The company would like to thank Mr. Jackson for his service to the company and wish him the best in his future endeavours.
Commenting on the financing, Freegold president and chief executive officer, Steve Manz, said: "We are very pleased to have been able to obtain terms for a facility of this size and term during these difficult market conditions. We have always been sensitive to the issue of equity dilution. Our last equity financing closed in June, 2007, and should we be successful in closing this new line of credit, we would continue to avoid the issuance of a large numbers of shares at low share prices to provide the company with additional working capital. Closing of this facility would allow full repayment of the two bridge loans on a more favourable and longer term basis, and the company would remain well positioned to continue to add value to its advanced Alaska and Idaho projects. Following completion of the financing, work over the coming months would involve low-cost analysis and modelling of the extensive programs undertaken this year on our four projects, after which we would evaluate the best manner to move the projects forward and add to our overall gold resource base."
The transactions described herein are subject to regulatory approval.
Bard drills 753.7 m of 0.1% Mo, 0.17% MoS2, 0.14 g/t Re
2009-01-20 07:28 ET - News Release
Mr. Eugene Beukman reports
BARD VENTURES LTD.: RHENIUM RESULTS FROM THE MOLYBDENUM MINERALIZATION ON THE LONE PINE PROPERTY
Bard Ventures Ltd. has released the following rhenium results from its Lone Pine molybdenum property. The property is located approximately 15 kilometres north-northwest of Houston, B.C., and is situated in the Omineca mining division. Rhenium assay results have been received and interpreted from drill holes BD-08-25 and BD-08-35.
The exploration drilling on the Lone Pine property resulted in the discovery of a higher-grade zone of molybdenum mineralization within the Alaskite zone. As drill holes BD-08-25 and BD-08-35 represented the best molybdenum assay results within the higher-grade core, rhenium analysis was conducted over the entire drill length of both drill holes. Rhenium is recovered as an economic byproduct at some molybdenum porphyry mines. The attached significant assay intervals for drill holes BD-08-25 and BD-08-35 are tabulated here.
very nice!
very nice!