Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sun-Times Media Group, Inc. Class A Common Stock 10/6/2011 Plan of Bankruptcy Effective. All shares have been cancelled. Deletion time: 12:58:34
http://www.otcbb.com/asp/dailylist_detail.asp?d=10/06/2011&mkt_ctg=ALL
Hey TOUCAN, hope you've been doing well:)
Hi Toyota,
nice to see ya
ill try to keep on top of it may have a clean shell here
Interesting, thnx makit
THE PLOT THICKENS US Court OKs Part Of Conrad Black's Conviction, Orders Resentencing 10/29 01:09 PM
WASHINGTON (Dow Jones)--A federal appeals court on Friday upheld parts of former media mogul Conrad Black's fraud conviction, which was called into question by the U.S. Supreme Court earlier this year.
Last June, the high court revived Black's legal challenge by narrowing the reach of a federal law that gave prosecutors the authority to bring cases against executives who deprive companies of their honest services. The justices ordered the lower courts to take another look at Black's conviction.
But on Friday, the Chicago-based 7th U.S. Circuit Court of Appeals said a jury would have convicted Black anyway on some counts.
The appeals court affirmed Black's conviction on one fraud count and an obstruction of justice charge.
The court said the Supreme Court ruling required that another part of Black's conviction be reversed. Prosecutors have the option to retry Black on that charge, the court said, but it suggested that the government consider not doing so. It sent the case back to a trial judge for resentencing.
Prosecutors had alleged that Black, the former chairman of Hollinger International Inc., and other executives supported lavish lifestyles by siphoning off millions from the company through bogus management fees and noncompetition agreements as Hollinger sold off many of its smaller newspapers.
Black was convicted in 2007 and sentenced to 6 1/2 years in prison. He had served more than two years of his jail term but was freed on bail in July after the Supreme Court ruling.
Black and the other executives said they didn't steal from the company, but instead sought to structure certain management fees in a way that the payments they received would not be taxable.
Black's lawyer, Miguel Estrada, said the entire conviction should have been thrown out in light of the Supreme Court ruling. "We are reviewing the court's opinion carefully, and in the coming weeks we will be considering our next steps," Estrada said in a statement.
The U.S. attorney's office in Chicago said it was pleased with the ruling and would announce its further intentions at the appropriate time.
Black built Hollinger into what once was the world's third-largest newspaper company. At one time, it operated more than 300 newspapers, including the Daily Telegraph in London, the Jerusalem Post in Israel, the Chicago Sun-Times and Canada'sNational Post.
The company is now much smaller and operates under the name Sun-Times Media Group Inc. (SUTMQ:$0.0014,$0.0000,0.00%) .
-By Brent Kendall, Dow Jones Newswires; 202-862-9222; brent.kendall@ dowjones.com -0-
(MORE TO FOLLOW) Dow Jones Newswires
10-29-101509ET
Copyright (c) 2010 Dow Jones & Company, Inc.
Doesn't seem like anything atm, holding some tix anyways....no one thought QSGIQ was gonna do anything at .001 either now it's at .17+
i wonder whats going on here
todays circulation on SUTMQ states it is ex suntimes meaning e have a shell iv still had no repley from them Sun-Times: Avg Mon-Fri Circulation Ex Chicago Sun-Times Dn 8.7% For 6 Mos Ended Sept 30 10/25 10:49 AM
Sun-Times: Avg Mon-Fri Circulation Ex Chicago Sun-Times Dn 8.7% For 6 Mos Ended Sept 30 10/25 10:49 AM
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2400)
10-25-101249ET
Copyright (c) 2010 Dow Jones & Company, Inc.
Get more news on:SYMBOLS: SUTMQNEWS TYPE: Corporate EventsSECTORS: Media, Consumer Discretionary, IT Services, Information Technology
i dont know i havent had time to dig
so anything going on today?
i would like to say its a dune deal but thats missleading its a play will keep looking
i hope you have to remember its a Q and the company was sold and i havent found any loose lips its a gamble as always, play it like a lotto ok
so do u think anything happens on the 18th? i noticed the partnership dd/posts up top...maybe something happens that day?
owch still waiting on a response ill see what they have to say
agreed closed over the 200 day today was a big move
nice start today should keep warming up, hopefuly we will hear from the company soon
yeah i'm digging in as we speak...pretty exciting stuff. hope it's just like qsgiq...or even better, like you said.
will do have you been reading all the latest post lots of good things are comming soon
thanks for the hard work...I'm getting in at 35, so I'm hoping it pays big dividends! please keep us posted sir.
i have a called the company on monday and they are going to give me an update on the company sometime today or tomorrow ;o)
82 o/s still waiting for the float but it has to be small imo
thinking about taking a starter here...do u know the S/S?
agree its looking real good here its about to pay off big time ;o)
yea i called in today got anserwing machins ill call tomarrow
things heating up around here....
patrnership yahoo? take a look at what they currently distribut partnership starts on the 18th of october
See full article from DailyFinance: http://www.dailyfinance.com/rtn/pr/sun-times-media-announces-chicago-sun-times-city-copies-to-be-distributed-by-chicago-tribune-media-group/rfid369414642/?channel=pf&icid=sphere_copyright
statments befor sell to hold company together http://www.prnewswire.com/news-releases/stmg-holdings-llcs-response-to-bid-procedures-hearing-61483207.html sells approved a good thing http://www.pr-inside.com/sun-times-media-group-sale-of-assets-r1519101.htm
this is as of last known we are working on current
SUTMQ Security Details
Share Structure
Market Value1 $123,315 a/o Oct 11, 2010
Shares Outstanding 82,209,875 a/o Jul 31, 2008
Float N/A
Authorized Shares N/A
Par Value 0.0100
Shareholders
Shareholders of Record 85 a/o Mar 12, 2008
Beneficial Shareholders N/A
Corporate Actions
Ex. Date Record Date Pay Date
Dividend () Jun 27, 2002 Jul 01, 2002 Jul 15, 2002
Security Notes
Latest Addt'l Issue=2-96 14,000,000 shs at $9.25 by Merrill Lynch & Co. et al.,
Latest Addt'l & Secondary Issue=8-96 10,000,000 shs at $9.75 by Merrill Lynch & Co. et al.
Note = delisted from NYSE on 05/14/08
Non US Stock Exchange Listing
-
Short Selling Data
Short Interest 57,465 (0%)
Sep 15, 2010
Significant Failures to Deliver No
Transfer Agent(s)
BNY Mellon Shareowner Services
whats the SS here?
nice info on the board guys
Chicago Sun-Times Ratings http://www.mondotimes.com/1/world/us/13/741/1905
yeah i just put an order for 500k still have a little more togo to get filled
think its time to start loading i cant see any reason for the shares to not stay intack
look for this out soon http://www.pr-inside.com/sun-times-media-to-exclusively-carry-in-r2141122.htm
vary impotant part of chapter 11 (Company believes it has sufficient financial resources to continue customary day-to-day
operations during this process.)this is the link http://files.shareholder.com/downloads/SVN/1034195798x0x283737/10a83305-6ecf-47fb-9c09-d58f1ef98567/1Sun-Times_press_release_--_FINAL_3-31-09__711_pm_.pdf
i agree i made you an asst so you can put all your dd in the i-box ect
Followers
|
2
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
184
|
Created
|
03/13/08
|
Type
|
Free
|
Moderators |
Sun Times Media, owners of Chicago Sun Times and 400 other newspapers in the IL area.
Home Page: http://www.thesuntimesgroup.com/
Read the Paper: http://www.suntimes.com/index.html
SEC Filings: http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=svn&filenum=&State=&SIC=&owner=include&action=getcompany
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |