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News out
CIB Marine Bancshares, Inc. Completes $18 Million Redemption of Preferred Stock
BROOKFIELD, Wis., Nov. 01, 2021 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH) announced that it has completed the $18 million Initial Redemption of its preferred stock on a pro-rata basis, at $825 per share, pursuant to its Second Amended and Restated Articles of Organization. Effective October 29, 2021, CIB Marine transferred the necessary funds to its redemption agent, Computershare Trust Company, N.A., and approximately 49.7% of CIB Marine’s Series A and Series B Preferred shares were redeemed pursuant to the Notice of Redemption and Letter of Transmittal dated October 15, 2021. Any preferred shareholders who have not yet tendered their shares, are encouraged to do so as soon as possible. Questions specific to the redemption process may be directed to Computershare at (800) 546-5141. For any other questions, please contact CIB Marine’s Shareholder Relations Manager, Ms. Elizabeth Neighbors, at (262) 695-4342 or Elizabeth.Neighbors@cibmarine.com.
CIB Marine Bancshares, Inc. is the holding company for CIBM Bank, which operates ten banking offices and five mortgage loan offices in Illinois, Wisconsin and Indiana. More information on the Company is available at www.cibmarine.com, including recent shareholder letters, links to regulatory financial reports, and audited financial statements.
FORWARD-LOOKING STATEMENTS
CIB Marine has made statements in this release that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. CIB Marine intends these forward-looking statements to be subject to the safe harbor created thereby and is including this statement to avail itself of the safe harbor. Forward-looking statements are identified generally by statements containing words and phrases such as “may,” “project,” “are confident,” “should be,” “intend,” “predict,” “believe,” “plan,” “expect,” “estimate,” “anticipate” and similar expressions. These forward-looking statements reflect CIB Marine’s current views with respect to future events and financial performance that are subject to many uncertainties and factors relating to CIB Marine’s operations and the business environment, which could change at any time.
There are inherent difficulties in predicting factors that may affect the accuracy of forward-looking statements.
Stockholders should note that many factors, some of which are discussed elsewhere in this release and in the documents that are incorporated by reference, could affect the future financial results of CIB Marine and could cause those results to differ materially from those expressed in forward-looking statements contained or incorporated by reference in this document. These factors, many of which are beyond CIB Marine’s control, include but are not limited to:
operating, legal, execution, credit, market, security (including cyber), and regulatory risks;
economic, political, and competitive forces affecting CIB Marine’s banking business;
the impact on net interest income and securities values from changes in monetary policy and general economic and political conditions; and
the risk that CIB Marine’s analyses of these risks and forces could be incorrect and/or that the strategies developed to address them could be unsuccessful.
These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements. Forward-looking statements speak only as of the date they are made. CIB Marine undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to significant risks and uncertainties and CIB Marine’s actual results may differ materially from the results discussed in forward-looking statements.
FOR INFORMATION CONTACT:
J. Brian Chaffin, President & CEO
(217) 355-0900
brian.chaffin@cibmbank.com
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gn lottos otc kind of slow right now
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nice bids in as well wonder whats up
LIGA .01 coppa again
LIGA .01 coppa again
LIGA .0093
LIGA .0093
Not really they are using the same funder that killed the share price over the last 2 years, Discover. No clue why they would use that pos again unless they had to work some kind of deal out with them in order to make them stop dumping.
.42 nice and quiet move up the last few days
BYOC .0014 News
Beyond Commerce Closes $1 Million Equity Financing Priced at $0.01
Existing Institutional Shareholder Invests Additional Capital at a Fixed Price 1,000% Above Current Market Share Price
LAS VEGAS, NV / ACCESSWIRE / October 26, 2021 / Beyond Commerce, Inc. (OTC Pink:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, announced today the closing of a $1 million equity financing with a fixed price of $0.01, representing a 1,000% premium to the current market share price.
The funding is from an existing institutional shareholder and is subject to resale under a registration statement or Rule 144 eligibility in six months.
Geordan Pursglove, Beyond Commerce's Chief Executive Officer, commented, "We are pleased with the continued confidence this existing shareholder is demonstrating by this investment. Our team successfully navigated through the global pandemic, as we successfully closed new and existing renewal business that position us for continued growth. Our business pipeline remains strong and we look forward to many signed contracts going live. This infusion of capital will be used to fuel additional growth and strengthens our balance sheet."
About Beyond Commerce,Inc.
Beyond Commerce, Inc. (OTC Pink: BYOC) is focused on business combinations of "big data" companies in global B2B internet marketing analytics, technologies and services. The Company's objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives. For additional information, please visit: https://beyondcommerceinc.com and https://www.service800.com.
Twitter: @incbyoc
Facebook: fb.me/incbyoc
Forward-Looking Statements
This press release contains 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, which are subject to the "safe harbor" created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "design," "estimate," "except," "forecast," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," or the negatives or other tense of such terms and other similar expressions intended to identify forward-looking statements and similar expressions. We use forward-looking statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements.
Contact Information:
investors@beyondcommerceinc.com
p702-675-8022
ClearThink
nyc@clearthink.capital
SOURCE: Beyond Commerce, Inc.
View source version on accesswire.com:
https://www.accesswire.com/669685/Beyond-Commerce-Closes-1-Million-Equity-Financing-Priced-at-001
© Copyright 2021 ACCESSWIRE. All Rights Reserved.
BYOC .0012 News
Beyond Commerce Closes $1 Million Equity Financing Priced at $0.01
Existing Institutional Shareholder Invests Additional Capital at a Fixed Price 1,000% Above Current Market Share Price
LAS VEGAS, NV / ACCESSWIRE / October 26, 2021 / Beyond Commerce, Inc. (OTC Pink:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, announced today the closing of a $1 million equity financing with a fixed price of $0.01, representing a 1,000% premium to the current market share price.
The funding is from an existing institutional shareholder and is subject to resale under a registration statement or Rule 144 eligibility in six months.
Geordan Pursglove, Beyond Commerce's Chief Executive Officer, commented, "We are pleased with the continued confidence this existing shareholder is demonstrating by this investment. Our team successfully navigated through the global pandemic, as we successfully closed new and existing renewal business that position us for continued growth. Our business pipeline remains strong and we look forward to many signed contracts going live. This infusion of capital will be used to fuel additional growth and strengthens our balance sheet."
About Beyond Commerce,Inc.
Beyond Commerce, Inc. (OTC Pink: BYOC) is focused on business combinations of "big data" companies in global B2B internet marketing analytics, technologies and services. The Company's objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives. For additional information, please visit: https://beyondcommerceinc.com and https://www.service800.com.
Twitter: @incbyoc
Facebook: fb.me/incbyoc
Forward-Looking Statements
This press release contains 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, which are subject to the "safe harbor" created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "design," "estimate," "except," "forecast," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," or the negatives or other tense of such terms and other similar expressions intended to identify forward-looking statements and similar expressions. We use forward-looking statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements.
Contact Information:
investors@beyondcommerceinc.com
p702-675-8022
ClearThink
nyc@clearthink.capital
SOURCE: Beyond Commerce, Inc.
View source version on accesswire.com:
https://www.accesswire.com/669685/Beyond-Commerce-Closes-1-Million-Equity-Financing-Priced-at-001
© Copyright 2021 ACCESSWIRE. All Rights Reserved.
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Discover has been dumping from day one no clue when they will be done either. All that volume last week for nothing. Discover getting rich while shareholders get hammered. Hope Geordan has a plan and soon.
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LIGA .0079 dip
LIGA .0079 dip