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FRGY oil play watching.
now in the .30's PDRT
TPUT 17m float getting some interest Nasadaq
PDRT oil play getting a litte volume.
AVZA still going
AVZA moving up
AVZA getting some buyers 10m float NAZ play
AVZA .125 NAZ play 10m float watching
CHTR now CHTRQ got the Q today
VRNM out .26
VRNM got some .225 after hours
CTIC S8 for 26m shares filed 3/27.Dilution.
out TLCV .12 and .119
TLCV picked up some low .10s
NOBL -28%
Radar NRGN BIO
could see sub .10 near the bell.
NYNY saw this from 10k
Our credit facility with the Bank of Scotland requires repayment of approximately $7,150,000 (outstanding balance of $7,617,000 less restricted cash on deposit of $467,000) on May 29, 2009. The holders of our Senior Convertible Notes ($65,000,000 principal balance due) have the right to demand repayment of the principal amount due on July 31, 2009. We do not presently have a source of repayment for this credit facility or for these notes and our operations will not provide sufficient cash flow to repay these obligations.
CEM S&P removal today maybe big sell off eod.
Is there somebody getting paid to promote this stock.Wow new Lows recently.
I do Lowtrades has bad customer service and their system goes down well above average.Recently they had problems keeping track of shares I had sold and owned they kept showing wrong quantities and negative balances which required constant calling to correct and recently they reflected a sale that did not go through which I then sold the shares, later then they said the original trade went through and informed me I was short and needed to buy back those shares which will cost me $700 as the stock went up.I say stay away as I am looking for another broker.
Low Trades Brokerage dont use! messed up counts on shares I owned and sold now says I'm short.
HAYZ recalling employees
Thursday January 29, 2009 12:14:54 EST
Jan 29, 2009 (The Sedalia Democrat - McClatchy-Tribune Information Services via COMTEX News Network) --
Hayes Lemmerz International, which had laid off about 150 workers over the past three months, is recalling 42 employees at its Sedalia plants.
The company made two rounds of layoffs at the Sedalia plant at 3610 W. Main St. in November and January in response to the reduced production of its auto-manufacturing customers.
Marika Diamond, spokeswoman at the company's Michigan headquarters, said its clients' stabilized production schedules allowed the company to recall some of those who had been laid off since November.
"Because customers have returned from their extended shutdowns, we have recalled a total of 42 people," Diamond said.
She said 32 employees returned to work Jan. 12, just 10 days after the company announced 110 layoffs at the Sedalia factory. Ten more workers will be recalled Feb. 2, Diamond said.
Hayes Lemmerz International employs 339 workers in Sedalia, where it manufactures steel wheels for auto makers General Motors, Ford, Chrysler and Nissan.
In December, GM and Chrysler received $17.4 billion in government loans, which included $13.4 billion made available in January to prevent the companies' collapse and another $4 billion in February.
Diamond said Hayes Lemmerz will keep an eye on customer forecasts to determine the possibility for more recalls in the future.
"We continue to monitor the situation and look forward to continued recalls," Diamond said.
HAYZ News Hayes Lemmerz Amends Credit Agreement NORTHVILLE, Mich., Jan. 29 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ - News) announced today that it has concluded an agreement with its lending group to amend its senior secured credit facility. The amendment favorably modifies the leverage ratio and interest coverage ratio covenants for the fourth quarter of fiscal 2008 and each quarter of fiscal 2009.
"This amendment provides Hayes Lemmerz with additional financial flexibility as we continue to take aggressive actions to reduce costs and preserve cash in response to extremely difficult industry and economic conditions. We appreciate the continuing support of our lending group during these difficult times," said Curtis Clawson, President, CEO and Chairman of the Board.
The amendment also increases the interest rate on the term and revolving loans, reduces the maximum amount of permitted capital expenditures, requires the Company to use the proceeds from asset sales to prepay the term loan and makes a number of other changes. The Company has also agreed to pay fees to the lenders in connection with the amendment.
In light of the extremely difficult industry and economic conditions, no assurance can be given that the Company will be able to satisfy the amended covenants.
Hayes Lemmerz International, Inc. is a world leading global supplier of automotive and commercial highway wheels. The Company has 23 facilities and approximately 7,000 employees worldwide.
hit .15 pre market
Hayes Lemmerz Amends Credit Agreement
By: PR Newswire
Jan. 29, 2009 08:45 PM
NORTHVILLE, Mich., Jan. 29 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today that it has concluded an agreement with its lending group to amend its senior secured credit facility. The amendment favorably modifies the leverage ratio and interest coverage ratio covenants for the fourth quarter of fiscal 2008 and each quarter of fiscal 2009.
"This amendment provides Hayes Lemmerz with additional financial flexibility as we continue to take aggressive actions to reduce costs and preserve cash in response to extremely difficult industry and economic conditions. We appreciate the continuing support of our lending group during these difficult times," said Curtis Clawson, President, CEO and Chairman of the Board.
The amendment also increases the interest rate on the term and revolving loans, reduces the maximum amount of permitted capital expenditures, requires the Company to use the proceeds from asset sales to prepay the term loan and makes a number of other changes. The Company has also agreed to pay fees to the lenders in connection with the amendment.
In light of the extremely difficult industry and economic conditions, no assurance can be given that the Company will be able to satisfy the amended covenants.
Hayes Lemmerz International, Inc. is a world leading global supplier of automotive and commercial highway wheels. The Company has 23 facilities and approximately 7,000 employees worldwide.
SOURCE Hayes Lemmerz International, Inc.
HAYZ .1604x.18 moving off lows
QI down pm
http://eetimes.eu/germany/212901854
HAYZ large block 2m went through
no co. info or name yet just symbol and exact same shares as CSXB
My account shows IFRD
nice call! all out at .29 earlier thx
Got some there too at .251
XTLB grabbed a few at .12
SEWC .0004x.0005 39m vol
SEWC .0003x .0004 nice vol steady move up
SEWC .0003x.0004
XTLB yahoo finance says 1.43 m float
CYTR picked up some .231