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You have the World Cup in TV, Germany vs. Ghana LOL
I'm Kemi an important shareholder in Delta Petroleum and ETLS, and I have relevant information about these mergers in ETLS and SREH
Look buys starting !!! 15 x 16
New merger just announced in SREH !!!!!
you have a report from reuters in yahoo:
http://reports.finance.yahoo.com/w0?r=39997501:1
7,000,000 volume!!! Merger just confirmed by ETLS
Merger announcement in ETLS LOL !!!
Bounce today!!!! Look !!! high volume
Hello, I have information about a posible merger very soon. There are rumours in the market
Very good news!!!!
Ambac Announces Debt for Equity Exchange Transactions
Posted : Thu, 17 Jun 2010 21:59:36 GMT
Author : Ambac Financial Group, Inc.
Category : Press Release
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NEW YORK - (Business Wire) Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) announced today that it has entered into a series of debt for equity exchanges with certain holders of Ambac’s 9?% debentures, due August 2011. Under the terms of the exchange agreements, the Company issued, or will issue, 5,036,068 shares of Ambac’s common stock in exchange for $8.5 million in aggregate principal amount of debt to the bondholders. Following the issuance of the shares there will be 293,420,336 common shares outstanding.
About Ambac
Ambac Financial Group, Inc., headquartered in New York City, is a holding company whose affiliates provided financial guarantees and financial services to clients in both the public and private sectors around the world. Ambac's principal operating subsidiary, Ambac Assurance Corporation, a guarantor of public finance and structured finance obligations, has a Caa2 rating under review for possible upgrade from Moody's Investors Service, Inc. and an R (regulatory intervention) financial strength rating from Standard & Poor's Ratings Services. Ambac Financial Group, Inc. common stock is listed on the New York Stock Exchange (ticker symbol ABK).
Forward-Looking Statements
This release contains statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any or all of management’s forward-looking statements here or in other publications may turn out to be incorrect and are based on Ambac management’s current belief or opinions. Ambac’s actual results may vary materially, and there are no guarantees about the performance of Ambac’s securities. Among events, risks, uncertainties or factors that could cause actual results to differ materially are: (1) Ambac has insufficient capital to finance its debt service and operating expense requirements beyond the second quarter of 2011 and may need to seek bankruptcy protection; (2) the unlikely ability of Ambac Assurance to pay dividends to Ambac in the near term; (3) the risk that holders of debt securities or counterparties on credit default swaps or other similar agreements bring claims alleging that the rehabilitation of the Segregated Account constitutes an event of default under the applicable debt indenture or an event of default under the applicable ISDA contract; (4) adverse events arising from the Segregated Account Rehabilitation Proceedings, including the injunctions issued by the Wisconsin rehabilitation court to enjoin certain adverse actions related to the Segregated Account being successfully challenged as not enforceable; (5) litigation arising from the Segregated Account Rehabilitation Proceedings; (6) any changes to the Proposed Settlement, or the failure to consummate the Proposed Settlement; (7) decisions made by the rehabilitator for the benefit of policyholders may result in material adverse consequences for Ambac’s securityholders; (8) potential of rehabilitation proceedings against Ambac Assurance, with resulting adverse impacts; (9) the risk that reinsurers may dispute amounts owed us under our reinsurance agreements; (10) possible delisting of Ambac’s common shares from the NYSE; (11) the risk that market risks impact assets in our investment portfolio or the value of our assets posted as collateral in respect of investment agreements and interest rate swap and currency swap transactions; (12) risks which impact assets in Ambac Assurance’s investment portfolio; (13) risks relating to determination of amount of impairments taken on investments; (14) credit and liquidity risks due to unscheduled and unanticipated withdrawals on investment agreements; (15) market spreads and pricing on insured CDOs and other derivative products insured or issued by Ambac; (16) inadequacy of reserves established for losses and loss expenses, including our inability to realize the remediation recoveries included in our reserves; (17) Ambac’s financial position and the Segregated Account Rehabilitation Proceedings may prompt departures of key employees; (18) the risk of litigation and regulatory inquiries or investigations, and the risk of adverse outcomes in connection therewith, which could have a material adverse effect on our business, operations, financial position, profitability or cash flows; (19) difficult economic conditions, which may not improve in the near future, and adverse changes in the economic, credit, foreign currency or interest rate environment in the United States and abroad; (20) the actions of the U. S. Government, Federal Reserve and other government and regulatory bodies to stabilize the financial markets; (21) likely unavailability of adequate capital support and liquidity; (22) credit risk throughout our business, including credit risk related to residential mortgage-backed securities and collateralized debt obligations (“CDOs”) and large single exposures to reinsurers; (23) default by one or more of Ambac Assurance’s portfolio investments, insured issuers, counterparties or reinsurers; (24) the risk that our risk management policies and practices do not anticipate certain risks and/or the magnitude of potential for loss as a result of unforeseen risks; (25) factors that may influence the amount of installment premiums paid to Ambac, including the imposition of the payment moratorium with respect to claims payments as a result of Segregated Account Rehabilitation Proceedings; (26) changes in prevailing interest rates; (27) the risk of volatility in income and earnings, including volatility due to the application of fair value accounting, required under the relevant derivative accounting guidance, to the portion of our credit enhancement business which is executed in credit derivative form, and due to the adoption of the new financial guarantee insurance accounting standard effective January 1, 2009, which, among other things, introduces volatility in the recognition of premium earnings and losses; (28) changes in accounting principles or practices that may impact Ambac’s reported financial results; (29) legislative and regulatory developments; (30) operational risks, including with respect to internal processes, risk models, systems and employees; (31) changes in tax laws and other tax-related risks; (32) other factors described in the Risk Factors section in Part I, Item 1A of Ambac’s Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and also disclosed from time to time by Ambac in its subsequent reports on Form 10-Q and Form 8-K, which are available on the Ambac website at www.ambac.com and at the SEC’s website, www.sec.gov; and (33) other risks and uncertainties that have not been identified at this time. Readers are cautioned that forward-looking statements speak only as of the date they are made and that Ambac does not undertake to update forward-looking statements to reflect circumstances or events that arise after the date the statements are made. You are therefore advised to consult any further disclosures we make on related subjects in Ambac’s reports to the SEC.
http://www.earthtimes.org/articles/press/equity-exchange-transactions,1350439.html
Ambac Financial Group, Inc. Avoids warns Of Default
Thuersday, 17 Jun 2010 12:49pm EDT
Reuters reported that Ambac Financial Group, Inc., the Company whose toxic assets were seized by Wisconsin state regulators in March, said it could default on its loan obligations and was still considering filing a prepackaged bankruptcy. The Company, which has had trouble writing new business since losing its 'AAA' credit rating in 2008, said in a U.S. Securities and Exchange Commission filing on Tuesday that 'as early as the second quarter of 2010' it may decide not to make interest payments on its debt, which could result in a default. Ambac said in the regulatory filing that it could consider raising additional capital, restructuring through a 'prepackaged bankruptcy' or filing a traditional bankruptcy without agreements from creditors. The ad hoc bondholder committee has hired Morrison & Foerster as legal counsel and investment bank Lazard as financial adviser. - - - - - (repeated)
Great news!!! today bounce
Go ambac go go!!!! not bankrupcy!!! LOL !
Recent News!! Ambac not bankrupcy... Reuters said
AMBAC avoids bankrupcy urgent news!
NEW CREDIT LINE IN AMBAC (LAST NEWS)
Mr. Buffett into Midwest right now, bounce in Midwest very soon
MBHI interested in Bankinter (Spanish Bank) around 9 EUR/Share
New symbol: RICPD
FOYadas Johnson = RICP (una mierda)
Tell me a link not copy and paste
I know an important shareholder buying today at 0.0001 for bounce tomorrow
Attach a link or anything about this new, it's false
I think that it's the moment, because the next Monday will be a bounce here. Buy at 0,0033 !!
I agree, we should buy at .0033 now for bounce
Look at this:
Orden E00414001140Cuenta Cuenta Operativa en Bolsa / 2422946644
Fecha 14/04/2010
Operación Compra
Valor ETOTALSOURCE
(US2977191061)
Mercado Nasdaq OTC
Cantidad 1 172 000
Tipo de orden Limitada
Precio Precio del limite: 0,0026 USD
Validez 14/05/2010 16:00:00
Estado Ejecutada
Fecha de ejecución Cantidad Precio de ejecución Importe bruto
14/04/2010 20:19:53 77.200,00 0,0026 USD 147,92 USD
14/04/2010 20:23:55 25.000,00 0,0026 USD 47,90 USD
14/04/2010 20:31:27 5.000,00 0,0026 USD 9,58 USD
15/04/2010 15:34:48 150.000,00 0,0026 USD 287,41 USD
15/04/2010 15:34:48 500.000,00 0,0026 USD 958,04 USD
15/04/2010 15:36:16 414.800,00 0,0026 USD 794,79 USD
I bought at the open more than 1,000,000 at 26, I have news of bounce today. I'm a spanish shareholder that bought with NITE
People are buying with merger new
Merger with MCC, is a chinese company said the newspaper
I just bought FOYJ as I said before, great news with this merger
A chinese newspaper said that, probably, will have a merger the next month between FOYJ and a company from China that work in mines. I will buy FOYJ now
what will happen with common shareholders in the exit of bankrupcy?
At this level normal is + 6000% minimum
I agree with you, bounce very soon in FOYJ, shorts dead
bounce very soon I repeat
Esto sube por mis cojones, this jump for my eggs
Buy now FOYadas Johnston, bounce very soon
Foy-Johnston Redirects Corporate Focus to Capitalize on Enhanced Oil Recovery
http://de.sys-con.com/node/1319247
DOVER, DE -- (Marketwire) -- 03/15/10 -- Foy-Johnston Inc. (PINKSHEETS: FOYJ), through its wholly owned subsidiary Liquid Gold International utilizing the enhanced oil recovery technology sees enormous opportunities. Below is a brief summary of this opportunity:
The Liquid Gold Opportunity:
Abandoned wells in the U.S. are estimated to hold 377 Billion Barrels -- more than double the cumulative production to date.
It is estimated that 2/3 of oil contained in the U.S. reservoirs is left behind because it was too difficult or too expensive to extract.
Stripper wells (average production of 2 barrels per day) amount to 28 - 30% of U.S. production and 4 - 5% of consumption.
Heavy oil has more than double the reserves of conventional oil.
The dependence on heavy oil production is bound to increase.
The State of California alone contains approximately 80 billion barrels of original oil in place that could be tapped with a successful thermal recovery method.
A big motivating factor for U.S. recovery is the need for the U.S. to lessen its dependence of foreign oil, hence there is a focus on secondary and enhanced oil recovery technology to extract oil from mature onshore U.S. fields.
"This opportunity has the potential to exceed everyone's expectations and we feel goes beyond anything out there in the marketplace that could provide such exceptional returns to our shareholders," stated Winay Sangsomborn, President of Foy-Johnston Inc.
About Foy-Johnston Inc.
Foy-Johnston is a venture capital firm that specializes in discovering and exploiting new technologies that have enormous commercial application and explosive revenue potential. The Liquid Gold International enhanced oil recovery system presents those very qualities that Foy-Johnston's management team has identified to meet those criteria. Our website is www.foyj.us
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Investor Relations
E-mail: info@foyj.us
URL: http://www.foyj.us
Foy-Johnston Closes Its Liquid Gold International Inc. Acquisition
Foy-Johnston Inc. (PINKSHEETS: FOYJ), a venture capital company, is pleased to announce that it has closed its acquisition of Liquid Gold International Inc. a leader in the enhanced oil recovery business. The Company has non-exclusive license rights to the use of new, cutting edge technology which creates new opportunities within the industry. The business plan of Liquid Gold is centered on the utilization of this heavy oil recovery system, which sets it apart and gives it a distinct advantage over other companies in the field.
The advantages of the Liquid Gold International process:
-- No exploration Risk
-- No international or offshore risk
-- Compactness of unit and low cost of unit
-- Unit is totally portable, very easily transportable
-- No drilling costs
-- Superior technology
-- No polluting surfactants, no residual toxic solvents, no green-house gases
-- No pipeline or injection wells needed
-- No separation techniques needed, oil contains no water, solvents or sand.
With this acquisition Liquid Gold becomes a wholly owned subsidiary of Foy-Johnston Inc.
Foy-Johnston has positioned its energy business as a significant strategic business area and will continue to acquire attractive oil assets in order to establish a more robust and well-balanced business portfolio.
"We have been working for the last 3 months on closing this acquisition as we feel that this company will be the future of the oil industry and the revenues and profits derived from this business will be substantial giving shareholders above average returns," stated Winay Sangsomborn, President of Foy-Johnston Inc.
About Foy-Johnston Inc.
Foy-Johnston is a venture capital firm that specializes in discovering and exploiting new technologies that have enormous commercial application and explosive revenue potential. The enhanced oil recovery business presents those very qualities that Foy-Johnston's management team has identified to meet those criteria. Our website is www.foyj.us
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Investor Relations
E-mail: info@foyj.us
URL: http://www.foyj.us
SOURCE: FOY-Johnston Inc.
mailto:info@foyj.us
http://www.foyj.us
For example in you tube recommended: