PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Stora Enso Oyj (SEOAY: OTCQX International Premier) | Stora Enso treasury shares cancelled and share conversion registered

Category : World News

Stora Enso treasury shares cancelled and share conversion registered

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 May 2013 at 9.00 EET

In accordance with a decision of Stora Enso’s Annual General Meeting on 23 April 2013, 918 512 treasury R shares (approximately 0.12% of the issued shares) have been cancelled. The cancellation of these treasury shares was recorded in the Finnish trade register today, 15 May 2013.

In addition, during the 6 February – 30 April 2013 conversion period there was one conversion and a total of 400 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 May 2013, and trading in the new R shares will start on 16 May 2013.

Breakdown of shares after cancellation and conversion:

< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

A shares

177 146 372

R shares

611 473 615

Total

788 619

Post to Twitter

Matrix Tax Deferred Income Fund & Matrix Tax Deferred Income Trust Pool

Category : World News

TORONTO, ONTARIO–(Marketwire – March 22, 2013) - Matrix Funds has received the recent Federal Budget provisions with respect to character conversion transactions.

Read more here: Matrix Tax Deferred Income Fund & Matrix Tax Deferred Income Trust Pool

Post to Twitter

Matrix Tax Deferred Income Fund & Matrix Tax Deferred Income Trust Pool

Category : World News

TORONTO, ONTARIO–(Marketwire – March 22, 2013) - Matrix Funds has received the recent Federal Budget provisions with respect to character conversion transactions.

View post: Matrix Tax Deferred Income Fund & Matrix Tax Deferred Income Trust Pool

Post to Twitter

Mindpix Corp. (MPIX: OTC Link) | Mindpix Corporation Approves a Common Share Conversion

Category : World News

< ?xml version="1.0" encoding="UTF-8"?>

Mindpix Corporation Approves a Common Share Conversion

PR Newswire

ORLANDO, Fla., Feb. 8, 2013

ORLANDO, Fla., Feb. 8, 2013 /PRNewswire/ –

Post to Twitter

Reed’s Inc. Announces Mandatory Conversion of Series B Preferred Stock

Category : World News

LOS ANGELES, CA–(Marketwire – Feb 8, 2013) – Reed’s Inc, a Delaware corporation (NYSE MKT: REED) today announced that it will exercise its mandatory conversion right relating to all the outstanding shares of its Series B Convertible Preferred Stock (“Preferred Stock”). The mandatory conversion date will be February 15, 2013 (“Mandatory Conversion Date”).

Read the rest here: Reed’s Inc. Announces Mandatory Conversion of Series B Preferred Stock

Post to Twitter

Blue Horizon Announces It Has Entered Into an Interim Agreement with Cielo Gold Corp.

Category : World News

RED DEER, ALBERTA–(Marketwire – Jan. 17, 2013) – Blue Horizon Industries Inc. (“Blue Horizon” or the “Corporation“) (CNSX:BH) announced today that its indirect wholly owned subsidiary Blue Horizon Bio-Diesel Inc (“BH Bio-Diesel“) has entered into an Interim Agreement with Cielo Gold Corp (“Cielo“) (CNSX: CMC).

BH Bio-Diesel has entered into an Interim Agreement with Cielo Gold Corp (“Cielo“) wherein Cielo has agreed to purchase certain assets (the “Assets“) and certain liabilities of BH Bio-Diesel for consideration of $4.25 million payable in the form of two convertible debentures (collectively, the “Debentures“) issued by Cielo (the “Transaction“). The first debenture (the “First Debenture“) will bear interest at an annual rate of 6% and will be in the amount of $2 million, due on the first anniversary of such First Debenture, payable in cash or, at the election of Cielo, in common shares of Cielo at a CDN$0.25 per share price (the “Conversion Price“). The second debenture (the “Second Debenture“) will bear interest at an annual rate of 6% and will be in the amount of $2.25 million, due on the second anniversary of such Second Debenture, payable in cash or, at the election of Cielo, in common shares of Cielo at the greater of (A) the 10-day volume weighted average of the trading price of the common shares of Cielo on the date of payment, or (B) CDN$0.25 per share (the greater of (A) or (B) being the “Conversion Price“). BH Bio-Diesel will have the right after the respective due dates of the Debentures to convert the principal and interest payable by Cielo into common shares at the Conversion Price therefor.

Excerpt from: Blue Horizon Announces It Has Entered Into an Interim Agreement with Cielo Gold Corp.

Post to Twitter

Clarification Announcement on Loan Conversion

Category : Stocks, World News

                                                                                   14 January 2013
                                                 
                                          Teknomining Plc

                                 ("Teknomining" or "the Company")

                           Clarification Announcement on Loan Conversion


Following  on  from  the  announcement dated 10 January 2013, entitled  Conversion  of  Loan  into
Or

Here is the original post: Clarification Announcement on Loan Conversion

Post to Twitter

ASM International N.V. announces progress on redemption of its outstanding 6.5% Senior Unsecured Convertible Bonds due 2014

Category : Stocks, World News

ALMERE, THE NETHERLANDS–(Marketwire – Nov 23, 2012) – ASM International N.V. (NASDAQ:
ASMI and NYSE Euronext Exchange in Amsterdam: ASM) announces that after its
announcement on October 8, 2012 that it would exercise its right to redeem
all
outstanding 6.5% senior unsecured convertible bonds (the “Bonds”) on
November
27, 2012 at their principal amount, together with accrued but unpaid
interest,
all bondholders exercised their right to convert their Bonds into ordinary
shares. As a result of this conversion, outstanding common shares increased
with
9,074,396 shares.

Read the original: ASM International N.V. announces progress on redemption of its outstanding 6.5% Senior Unsecured Convertible Bonds due 2014

Post to Twitter

Letters: Supermarket sweep

Category : Business

So Tesco takes on “derelict or vandalised pubs, not those which are still actively trading” (Supermarkets that swallow pubs threaten social fabric, says Camra, 20 November)? This comes as a surprise to us here in Suffolk, where the store is pushing ahead with plans to replace the Pakefield Tramway and the Ipswich Emperor with supermarkets. Neither is “derelict” or “vandalised” and far from “not actively trading”, both are popular and vibrant community pubs so valued that each has a large group campaigning against its closure and conversion.

Since neither pub apparently fits within the criteria laid out by Michael Kissman for conversion, perhaps Tesco would like to change its mind and save these vital pubs?
Tony Green
Ipswich, Suffolk

• In my local area, Tesco took over two pubs, despite fierce local opposition. Neither one was “derelict or vandalised”.
Hazel Block
London

EpiCept Corp. (EPCT: OTC Link) | EPICEPT CORPORATION RAISES $0.8 MILLION FROM IMMEDIATE EXERCISE OF RE-PRICED WARRANTS

Category : Stocks

< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />< ?xml:namespace prefix = v ns = "urn:schemas-microsoft-com:vml" />< ?xml:namespace prefix = w ns = "urn:schemas-microsoft-com:office:word" />
Contacts

Post to Twitter