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IPRE-Paramount

02/25/07 4:06 PM

#532 RE: saigai #531

don't flip on good stock like a kid ! :)
I don't know from whom you are influenced , but some time i think you react weirdly too like me. We need stop doing that :). One of my main reasons for past failures is running away from a winner . why ? is there a devil in my head pushing me to that way. Now i'm in total control of myself. I go where the money is on my own belief. the good DD's coupled with the right chart. Then this is the KABOOM combination : period. Away from me about pure buzz, fear (of win) etc...

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my 15th post tonight.

Here just info , i did DD on AESK. yep now is a little late, but however here these infos :

AESK :you have all infos here :
posted 23 feb 2007: PREM 14 C

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001104659%252D07....


.in there they post: last Pro format figures oct 2006.

CLASS A : still 14,760,530
OS : still 31,738,000
After assets sales (which is not done or guaranteed thus) : it will remain $61 Million on hands:
It makes a $2 stock.

a sound stock.

-------------------

USE OF PROCEEDS

Upon closing of the Steamboat Sale and the Proposed Transactions, we expect to receive aggregate cash consideration of approximately $422 million, subject to certain adjustments provided for in the Steamboat Purchase Agreement and the Purchase Agreements, and before giving effect to the payment of fees and expenses incurred in connection with such sales and the reduction in liabilities of approximately $11 million. We plan to use all of these net proceeds to repay the outstanding revolver balances under our senior credit facility, the 11.302% Junior Subordinated Notes owned by certain of the Majority Stockholders and certain other indebtedness. If we had consummated the Steamboat Sale and the Proposed Transactions on January 28, 2007 and applied the net proceeds as we currently intend, we would have had approximately $3.8 million of outstanding indebtedness, consisting primarily of capital lease obligations at the remaining resorts, as of such date. If we had consummated the Steamboat Sale and the Proposed Transactions on January 28, 2007, approximately $61.5 million in remaining cash would have been available for general corporate purposes.


American Skiing Company and Subsidiaries
Unaudited Condensed Consolidated Pro Forma Statement of Operations

For the thirteen weeks ended October 29, 2006
(in thousands, except per share amounts)
13 weeks ended Mounyt Snow/
October 29, 2006 Steamboat Killington Attitash Pro Forma
as reported Adjustments Notes Adjustments Notes Adjustments Notes as adjusted

Net revenues:
Resort $ 17,702 $ (3,768 ) b $ (3,212 ) i $ (4,203 ) o $ 6,519
Real estate 4,822 (3,275 ) b (108 ) i (112 ) o 1,327
Total net revenues 22,524 (7,043 ) (3,320 ) (4,315 ) 7,846
Operating expenses:
Resort 25,151 (4,994 ) b (5,469 ) i (5,132 ) o 9,556
Real estate 4,338 (2,855 ) b (150 ) i (135 ) o 1,198
Marketing, general and administrative 12,478 (2,387 ) b (2,000 ) i (1,788 ) o 6,303
Depreciation and amortization 2,714 (624 ) b (689 ) i (713 ) o 688
Total operating expenses 44,681 (10,860 ) (8,308 ) (7,768 ) 17,745
Loss from operations (22,157 ) 3,817 4,988 3,453 (9,899 )
Interest expense (23,111 ) 7,171 b,c,e,f 2,231 i,k 638 o,p (13,071 )
Interest income 146 (146 ) b — — —
Interest rate swap agreement (197 ) 197 c — — —
Loss before benefit for income taxes (45,319 ) 11,039 7,219 4,091 (22,970 )
Benefit for income — — — — —
taxes
Loss attributable to common stockholders $ (45,319 ) $ 11,039 $ 7,219 $ 4,091 $ (22,970 )
Basic and diluted loss per common share $ (1.43 ) $ (0.72 )
Basic and diluted weighted average common shares outstanding 31,738 31,738



STOCK OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
As of the record dates, there were 16,977,653 issued and outstanding shares of Common Stock, par value $0.01 per share, 14,760,530 shares of Class A Common Stock convertible into 14,760,530 shares of Common Stock, 150,000 shares of Series B Preferred Stock, 40,000 shares of Series C-1 Preferred Stock convertible into approximately 61,050,000 shares of Common Stock and 139,453 shares of Series C-2 Preferred Stock. Each share of our Common Stock and each share of Class A Common Stock entitles its holder to one vote on each matter submitted to the stockholders, and each share of Series C-1 Preferred Stock entitles the holder thereof to the number of votes equal to the number of shares of Common Stock such share of Series C-1 Preferred Stock is convertible into. The holders of the Series B Preferred Stock and Series C-2 Preferred Stock are not entitled to voting rights. The only vote required in connection with the proposed actions is a majority of all outstanding shares of capital stock entitled to vote. Because the holders of our Series C-1 Preferred Stock, the shares of which represent a majority of the voting rights of all outstanding shares of capital stock, have voted in favor of the Proposed Transactions by written consents dated February 15, 2007 and February 16, 2007, and having sufficient voting power to approve such proposals through their ownership of capital stock, no other consents will be solicited in connection with this Information Statement.
Security Ownership of Certain Beneficial Owners and Management
Set forth in the following table is the beneficial ownership of Common Stock and Class A Common Stock as of November 16, 2006, for all directors and named executive officers and all directors and executive officers as a group. No director or executive officers beneficially owned any Series B Preferred Stock, Series C Preferred Stock, or Series D Preferred Stock as of January 31, 2007.

Directors and Common Stock(2) Class A Common Stock Stock(3)
Executive Officers(1) Shares % Shares % %
William J. Fair(4) 400 2.30 % — — *
Helen E. Wallace — — — — —
Christopher S. Diamond(4) 117,3 * — — *
Stan Hansen(4) 27,5 * — — *
Foster A. Stewart, Jr.(4) 94 * — — *
Edward V. Dardani, Jr. — -5 — — — —
Robert J. Branson(4) 5 * — — *
J. Taylor Crandall — -6 — — — —
David B. Hawkes(7) 21 * — — *
Gordon M. Gillies(8) 21 * — — *
Steven B. Gruber — -9 — — — —
William Janes — -10 — — — —
Leslie B. Otten(11) 680 3.86 % 14,760,530 100.00 % 16.84 %
Paul Wachter(12) 30 * — — *
Directors and Executive Officers as a group(13) 1,395,530 7.61 % 14,760,530 100.00 % 17.49 %










IPRE-Paramount

02/26/07 1:05 PM

#536 RE: saigai #531

geo, how ya doing.
arrg my $$ is back to level before i made huge gains with RSDS. All gains vanished lol with tradings.
jus bought back my JLNY initial position.
I will not afford to buy any other long/agressive stocks as long as i do not reach the desired stake quota in JLNY .

SO i let the CHNW stock run without me . No regret even CHNW has tripled just a couple days ago after I alerted it and pickep it for I-BOX portfolio .
It's a 'religious' faith/trust/promise to myself thus :).