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JUSTICE KORNREICH, SHIRLEY WERNER
APPEARANCE SEQUENCE 23
APPEARANCE DATE Thursday,Apr 11, 2013
APPEARANCE TYPE / PART IAS PRE-TRIAL 54
ACTION AT APPEARANCE -
COMMENT/ TIME 11:00
ADDITIONAL COMMENT T/C
I got an interesting email also today,
ALL BUYS TODAY FOR HLNT
GO HLNT !!!!!!!!!!!!!!!!!!!!1
ALL BUYS TODAY
THAT IS AWESOME
GO HLNT !!!!!!!!!!!!!!!!!!!
"Why isn't the PRd $700K payment to PWC reflected?
It still shows $1.1M is owed. "
hint:
because "On Friday January 11, 2013, HTI paid $700,000 of the total $1.1 million settlement, with the balance due on or before March 31, 2013."
KORNREICH, SHIRLEY WERNER
Thursday,
Apr 11, 2013
IAS PRE-TRIAL 54
11:00 AM
ROLMMFFAO, now what's the excuse?
PPS is currently HIGHER
ALL BUYS TODAY, NOT A SINGLE SELL
WHAT A GREAT DAY
GO HLNT !!!!!!!!!!!!!!!!!!
100% BUYS TODAY
GO HLNT
I request nonexistent video of that for proof
thanks in advance
GO HLNT
GOOOOOOOOOO HLNT
must suck to not own any shares
GO HLNT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Foxwoods, thanks for that up to date info. Appreciate it
My Secret Opp. pals just confirmed Good News for HLNT
The weekly RUN-UP started early.
So far today
Over 3.3 million shares BOUGHT
Just 545 thousand sold
Don't fall for the deception being spread by some
lots of good info. posted today
eom
FARMINGTON, Ark., Jan. 15, 2013 /PRNewswire via COMTEX/ -- Highline Technical
Innovations, Inc. (HLNT:OTC), formerly Systems Evolution, Inc. (SSEV), announced
today that the majority of the settlement amount due to Pricewaterhouse Coopers
(PwC), under an agreement reached on August 21, 2012, has been paid.
On August 21, 2012, the parties filed a joint "Stipulation of Discontinuance"
with the Court stating both PwC (acting as Trustee for the NIR Group of Funds)
and HTI dismissed their claims against each other with prejudice. The Court
ratified this stipulation, bringing an official end to the litigation between
HTI and the NIR Group of Funds.
Under the terms of the settlement agreement, PwC has received 15 million shares
of Highline Technical Innovations (HLNT) unrestricted common stock in a one-time
issuance. On Friday January 11, 2013, HTI paid $700,000 of the total $1.1
million settlement, with the balance due on or before March 31, 2013.
Chad Coats, CEO of HTI stated, "It is extremely important that we have made
substantial progress in completing this settlement. Satisfying this obligation
puts our company in a much stronger position going forward."
let me guess, Pd will state that the Fraud HLNT will never pay the remaining $400k they owe NIR Group.....just like they would never pay the $700k on 01/11/13
how can he be wrong so often
Flotek Industries, Inc. Announces Authorization of $25 Million Share Repurchase Program
Flotek Industries, Inc. (NYSE:FTK)
Intraday Stock Chart
Today : Monday 12 November 2012
HOUSTON, Nov. 12, 2012 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK - News) ("Flotek" or the "Company") today announced that the Company's Board of Directors has authorized the repurchase of up to $25 million of Flotek common stock.
Repurchases under Flotek's new program will be made in open market or privately negotiated transactions in compliance with Securities and Exchange Commission Rule 10b-18, subject to market conditions, applicable legal requirements, and other relevant factors. This share repurchase plan does not obligate Flotek to acquire any particular amount of common stock, and it may be suspended at any time at the Company's discretion. Flotek had approximately 49.2 million shares of Common Stock outstanding as of October 29, 2012.
In conjunction with this authorization, Flotek and its senior lender, PNC Bank, have agreed to an Amendment to the Company's current credit facility that allows for repurchases of up to $25 million of Common Stock under certain circumstances, including minimum availability under the credit facility of $10 million. Currently, there are no outstanding borrowings on Flotek's $35 million revolving credit facility.
"As Flotek's financial position continues to strengthen and evolve, we are committed to exploring every avenue to maximize returns to our shareholders," said John Chisholm, Flotek's Chairman, President and Chief Executive Officer. "The availability of a share repurchase program is simply one more tool in our box of options to optimize value. Moreover, PNC's assistance in approving the program is yet another indication of Flotek's strong financial outlook. We appreciate PNC's support and look forward to working with them as our financial partner as Flotek continues to grow in the future."
About Flotek Industries, Inc.
Flotek is a global developer and distributor of innovative specialty chemicals and down-hole drilling and production equipment. Flotek manages automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry. Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."
For additional information, please visit Flotek's web site at www.flotekind.com.
Forward-Looking Statements:
Certain statements set forth in this Press Release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this Press Release.
Although forward-looking statements in this Press Release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, but are not limited to, demand for oil and natural gas drilling services in the areas and markets in which the Company operates, competition, obsolescence of products and services, the Company's ability to obtain financing to support its operations, environmental and other casualty risks, and the impact of government regulation. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filing on Form 10-K (including without limitation in the "Risk Factors" Section), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this Press Release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this Press Release.
SOURCE Flotek Industries, Inc.
Copyright 2012 PR Newswire
WRONG
GO NIR/PWC
Thanks for the chart
Thanks for the FACTS Sparks100
Per slides from todays presentation, FTK has $24 mil. cash on hand as of 10/26/12
So, cash on hand + credit facility of $35 mil is enough to take out all remaining Senior Secured Convertable Notes (there are approx. $55 mil. left)
At that point, I think around 3,000,000 +/- shares that were lent out to a, hedge fund / PE fund, need to be returned
will keep my eye on short numbers changing by end of year
Ted Max is going for Humphries throat
Interesting reading. Thanks for catching this.
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=jsAww4//GzYECAuXLboiPg==&system=prod
rainmaker2, thanks
I wonder if something is brewing with the NY court case or if they are just updating their website, because it says, "The file you requested does not exist on this server. " It was there yesterday.
http://iapps.courts.state.ny.us/iscroll/FNF910.htm
Curious to see if FTK says anything other than the date and cc when announcing earnings date this time. I'm expecting that announcement this week some time
Here is just one instance where Humphries lied in todays response to the court. Doc #192
"...Immediately after the telephonic conference held on October 11, 2012, I proceeded to comply with the court's order by contacting government agencies, and their representatives, to request either the return of the originals or copies thereof of all documentation that I had originally provided to them as a result of my froffers to them. I am attaching copies of my letter to them requesting the documentation and their answers to my requests. I contacted Kenneth V. Byrne, SEC New York, on October12, 2012 by letter and he responded by e-mail stating that "the documents ... have to be located and then copied... however, this process will likely extend beyond next week."...
From previous response to request to provide documents:
Doc # 173 Dated 05/30/2012
"...Humphries later disclosed that he had provided all documentation, several boxes, to governmental agencies. Defendant cannot disclose any information that he has delivered to federal governmental authorities, which information was subject to privileged agreements with the government, and other privileges, including the Fifth Amendment. Additionally, once these documents were delivered to federal governmental entities, this defendant does not possess them. The government will not provide these documents back or allow defendant to copy them...."
Humphries is asking for more time to produce the documents, as he had ONLY been given a week to come up with them. What a Crock of Shizzle. Having only read through it one time, I all ready notice one conflicking statement with what Humphries has said in the past.
Wow, tomorrow should be interesting, I suspect that the Judge is PISSED OFF at this guy by now. Hope she Hammers him.
All, IMO
http://iapps.courts.state.ny.us/iscroll/SQLData.jsp?IndexNo=600893-2010&Submit2=Search
looks like the corrections are in, along with an AFFIDAVIT today
New entry for New York case late yesterday
2012-10-16
HUMPHRIES MOTION AND ANSWER
[REJECTED]
RETURNED FOR CORRECTION
http://iapps.courts.state.ny.us/iscroll/SQLData.jsp?IndexNo=600893-2010&Submit2=Search
I suspect we may see that response today, even though he's got until tomorrow
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=J5dW3KRb79pS9V9fLDWutw==&system=prod
Humphries has til the 18th to produce 911 documents
oh my
Corey Ribotsky and the NIR Group, LLC Responds to SEC Complaint
October 3, 2011 : Permanent Link
Press Release – After years of investigating claims of ponzi scheming and fraudulent valuation, primarily lodged by two disgruntled former employees who had been terminated for improper conduct, The NIR Group and its Managing Partner, Corey Ribotsky have been vindicated in part by the fact that the Securities Exchange Commission’s (SEC’s) long running investigation failed to make a case in support of these specious claims.
There are no claims that NIR fraudulently valued the assets of the funds or that NIR took fees that it was not entitled to take. Rather, the SEC’s complaint focuses on an alleged misappropriation of approximately $1 million dollars against the backdrop of a fund that had in excess of $800 million in total assets in addition to tens of millions of dollars of fees paid to NIR.
The vast remainder of the Complaint “cherry picks” emails from 2007 and 2008 in an attempt to allege that NIR and Mr. Ribotsky mislead a very small number of investors or potential investors about the time it would take to liquidate the portfolio of the NIR funds. The SEC’s complaint makes no mention of the offering memorandum given to potential investors or the risk warnings set forth in said memorandum addressing the very risks they claim are at the center of their allegations.
“I think the complaint appears to be a stretch in an attempt to justify approximately two years of time and resources poured into the investigation,” says Ribotsky’s lawyer and spokesperson Brad Gerstman. NIR and Ribotsky look forward to defending these allegations in court.
http://www.hedgeco.net/news/10/2011/corey-ribotsky-and-the-nir-group-llc-responds-to-sec-complaint.html
Still waiting for the answer, first, to the original post where it's claimed HLNT is not goint to pay PWC/NIR Funds investor's the $1.1 mil.
I will continue to wait for proof of that and until then, all the other mis-direction, and additional un-supported claims will have to wait. One thing at a time
then we can "tee it up" on the other stuff
Nope, no help as usual, since that person is not at HLNT
still avoiding proving claims you make with out any facts
NO
still waiting for those valid links backing up your false claims
you ever going to answer the question?
No facts.....just opin
How is PWC going to disperse the $1.1 mil. cash they receive from HLNT is the more relevant question that NIR Fund investors should be wondering.
Please show links backing up your following statement
"HLNT aint gonna pay PWC a dime in cash."
Again, you avoid providing a link showing WHY they would not pay PWC/NIR Group investors