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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...

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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...

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

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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...

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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...

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What next for China’s Alibaba?

Category : Business

What is the future for China’s Alibaba without Jack Ma?

See the rest here: What next for China’s Alibaba?

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Post offices face ‘uncertain future’

Category : Business

A survey of sub-postmasters finds less than one in five say they can see a strong future for their business as their incomes fall.

See more here: Post offices face ‘uncertain future’

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Grillit, Inc. (GRLT: OTC Pink Current) | /CORRECTION – GRILLiT®, Inc. Announces Grand Opening Of Pembroke Pines Restaurant Location

Category : Stocks, World News

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/CORRECTION – GRILLiT</p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=Grillit%2C+Inc.+%28GRLT%3A+OTC+Pink+Current%29+%7C+%2FCORRECTION+%E2%80%93+GRILLiT%C2%AE%2C+Inc.+Announces+Grand+Opening+...+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D104393" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-104075 post type-post status-publish format-standard hentry category-business tag-arrington tag-capital tag-companies tag-future tag-michael tag-partners tag-portfolio tag-venture" id="post-104075"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=104075" rel="bookmark" title="Permanent Link to CrunchFund’s future">CrunchFund’s future</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>admin</span> | Posted on 08-05-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=57" title="View all posts in Business" rel="category">Business</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=arrington" rel="tag">arrington</a>, <a href="http://pennystockpaycheck.com/news/?tag=capital" rel="tag">capital</a>, <a href="http://pennystockpaycheck.com/news/?tag=companies" rel="tag">companies</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=michael" rel="tag">michael</a>, <a href="http://pennystockpaycheck.com/news/?tag=partners" rel="tag">partners</a>, <a href="http://pennystockpaycheck.com/news/?tag=portfolio" rel="tag">portfolio</a>, <a href="http://pennystockpaycheck.com/news/?tag=venture" rel="tag">venture</a></span></p> </div> </div> <div class="entry"> <p>With nearly 100 portfolio companies and just two remaining partners, what is the future of Michael Arrington’s venture capital effort?<img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/O8n1UaBB5BQ" height="1" width="1" /></p> </p> <p>Read more from the original source: <a target="_blank" href="http://rss.cnn.com/~r/rss/money_markets/~3/O8n1UaBB5BQ/" title="CrunchFund's future">CrunchFund’s future</a></p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=CrunchFund%E2%80%99s+future+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D104075" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-101811 post type-post status-publish format-standard hentry category-stocks tag-april tag-buyer tag-byrg tag-completion tag-contracts tag-financing tag-forward tag-future tag-guarantee tag-information tag-lender tag-provided tag-public tag-release tag-safe" id="post-101811"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=101811" rel="bookmark" title="Permanent Link to Buyer Group International, Inc. (BYRG: OTC Pink Current) | Buyer Group International, Inc. (BYRG.PK) Receives Copy of Executed Deed of Agreement From Lender Regarding Cash Backed Assets For Joint Venture on Feldspathic Sand/ Feldspar Aramco Mineral…">Buyer Group International, Inc. (BYRG: OTC Pink Current) | Buyer Group International, Inc. (BYRG.PK) Receives Copy of Executed Deed of Agreement From Lender Regarding Cash Backed Assets For Joint Venture on Feldspathic Sand/ Feldspar Aramco Mineral…</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>admin</span> | Posted on 27-04-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=3" title="View all posts in Stocks" rel="category">Stocks</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=april" rel="tag">april</a>, <a href="http://pennystockpaycheck.com/news/?tag=buyer" rel="tag">buyer</a>, <a href="http://pennystockpaycheck.com/news/?tag=byrg" rel="tag">byrg</a>, <a href="http://pennystockpaycheck.com/news/?tag=completion" rel="tag">completion</a>, <a href="http://pennystockpaycheck.com/news/?tag=contracts" rel="tag">contracts</a>, <a href="http://pennystockpaycheck.com/news/?tag=financing" rel="tag">financing</a>, <a href="http://pennystockpaycheck.com/news/?tag=forward" rel="tag">forward</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=guarantee" rel="tag">guarantee</a>, <a href="http://pennystockpaycheck.com/news/?tag=information" rel="tag">information</a>, <a href="http://pennystockpaycheck.com/news/?tag=lender" rel="tag">lender</a>, <a href="http://pennystockpaycheck.com/news/?tag=provided" rel="tag">provided</a>, <a href="http://pennystockpaycheck.com/news/?tag=public" rel="tag">public</a>, <a href="http://pennystockpaycheck.com/news/?tag=release" rel="tag">release</a>, <a href="http://pennystockpaycheck.com/news/?tag=safe" rel="tag">safe</a></span></p> </div> </div> <div class="entry"> </p> <p>April 26, 2013 – Austin, TX</p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=Buyer+Group+International%2C+Inc.+%28BYRG%3A+OTC+Pink+Current%29+%7C+Buyer+Group+International%2C+Inc.+%28BY...+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D101811" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-101051 post type-post status-publish format-standard hentry category-business category-stocks tag-activist tag-big tag-cloud tag-company tag-enterprise tag-fund tag-future tag-hedge tag-lies tag-microsoft tag-software tag-stake tag-valueact" id="post-101051"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=101051" rel="bookmark" title="Permanent Link to Hedge fund takes $2 billion stake in Microsoft">Hedge fund takes $2 billion stake in Microsoft</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>sysadmin</span> | Posted on 23-04-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=57" title="View all posts in Business" rel="category">Business</a>, <a href="http://pennystockpaycheck.com/news/?cat=3" title="View all posts in Stocks" rel="category">Stocks</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=activist" rel="tag">activist</a>, <a href="http://pennystockpaycheck.com/news/?tag=big" rel="tag">big</a>, <a href="http://pennystockpaycheck.com/news/?tag=cloud" rel="tag">cloud</a>, <a href="http://pennystockpaycheck.com/news/?tag=company" rel="tag">company</a>, <a href="http://pennystockpaycheck.com/news/?tag=enterprise" rel="tag">enterprise</a>, <a href="http://pennystockpaycheck.com/news/?tag=fund" rel="tag">fund</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=hedge" rel="tag">hedge</a>, <a href="http://pennystockpaycheck.com/news/?tag=lies" rel="tag">lies</a>, <a href="http://pennystockpaycheck.com/news/?tag=microsoft" rel="tag">microsoft</a>, <a href="http://pennystockpaycheck.com/news/?tag=software" rel="tag">software</a>, <a href="http://pennystockpaycheck.com/news/?tag=stake" rel="tag">stake</a>, <a href="http://pennystockpaycheck.com/news/?tag=valueact" rel="tag">valueact</a></span></p> </div> </div> <div class="entry"> <p>Activist hedge fund ValueAct took a big stake in Microsoft, saying the company’s future lies in enterprise software and the cloud.<img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/-Lx4J9R9NTo" height="1" width="1" /></p> </p> <p>Read this article: <a target="_blank" href="http://rss.cnn.com/~r/rss/money_markets/~3/-Lx4J9R9NTo/" title="Hedge fund takes $2 billion stake in Microsoft">Hedge fund takes $2 billion stake in Microsoft</a></p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=Hedge+fund+takes+%242+billion+stake+in+Microsoft+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D101051" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-100865 post type-post status-publish format-standard hentry category-world-news tag-chancellor tag-commit tag-darling tag-future tag-government tag-labour tag-position tag-spending tag-urges" id="post-100865"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=100865" rel="bookmark" title="Permanent Link to Darling urges spending caution">Darling urges spending caution</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>admin</span> | Posted on 22-04-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=4" title="View all posts in World News" rel="category">World News</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=chancellor" rel="tag">chancellor</a>, <a href="http://pennystockpaycheck.com/news/?tag=commit" rel="tag">commit</a>, <a href="http://pennystockpaycheck.com/news/?tag=darling" rel="tag">darling</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=government" rel="tag">government</a>, <a href="http://pennystockpaycheck.com/news/?tag=labour" rel="tag">labour</a>, <a href="http://pennystockpaycheck.com/news/?tag=position" rel="tag">position</a>, <a href="http://pennystockpaycheck.com/news/?tag=spending" rel="tag">spending</a>, <a href="http://pennystockpaycheck.com/news/?tag=urges" rel="tag">urges</a></span></p> </div> </div> <div class="entry"> <p>Former Chancellor Alistair Darling urges Labour not to commit to future spending plans until it knows the government’s own position.</p> </p> <p>Original post: <a target="_blank" href="http://www.bbc.co.uk/news/uk-politics-22238574#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa" title="Darling urges spending caution">Darling urges spending caution</a></p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=Darling+urges+spending+caution+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D100865" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-100834 post type-post status-publish format-standard hentry category-world-news tag-actual tag-coupon tag-differ tag-disclaimer tag-events tag-forward tag-future tag-intend tag-jsc tag-paid tag-reflect tag-results tag-rur" id="post-100834"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=100834" rel="bookmark" title="Permanent Link to RusHydro JSC (RSHYY: OTCQX International Premier) | RusHydro paid coupons on series 01 and 02 bonds">RusHydro JSC (RSHYY: OTCQX International Premier) | RusHydro paid coupons on series 01 and 02 bonds</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>admin</span> | Posted on 22-04-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=4" title="View all posts in World News" rel="category">World News</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=actual" rel="tag">actual</a>, <a href="http://pennystockpaycheck.com/news/?tag=coupon" rel="tag">coupon</a>, <a href="http://pennystockpaycheck.com/news/?tag=differ" rel="tag">differ</a>, <a href="http://pennystockpaycheck.com/news/?tag=disclaimer" rel="tag">disclaimer</a>, <a href="http://pennystockpaycheck.com/news/?tag=events" rel="tag">events</a>, <a href="http://pennystockpaycheck.com/news/?tag=forward" rel="tag">forward</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=intend" rel="tag">intend</a>, <a href="http://pennystockpaycheck.com/news/?tag=jsc" rel="tag">jsc</a>, <a href="http://pennystockpaycheck.com/news/?tag=paid" rel="tag">paid</a>, <a href="http://pennystockpaycheck.com/news/?tag=reflect" rel="tag">reflect</a>, <a href="http://pennystockpaycheck.com/news/?tag=results" rel="tag">results</a>, <a href="http://pennystockpaycheck.com/news/?tag=rur" rel="tag">rur</a></span></p> </div> </div> <div class="entry"> </p> <p align=center><strong><span lang=EN-US><span>RusHydro paid coupons on series 01 and 02 bonds< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></span></span></strong></p> <p> <p align=center><strong><span lang=EN-US><o:p><span></p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=RusHydro+JSC+%28RSHYY%3A+OTCQX+International+Premier%29+%7C+RusHydro+paid+coupons+on+series+01+and+02+...+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D100834" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-100322 post type-post status-publish format-standard hentry category-business tag-currency tag-digital tag-future tag-lang tag-prices tag-sees tag-shrank tag-simon tag-stake tag-tumbled" id="post-100322"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=100322" rel="bookmark" title="Permanent Link to I lost $50,000 in Bitcoin crash, but I’m still a believer">I lost $50,000 in Bitcoin crash, but I’m still a believer</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>admin</span> | Posted on 19-04-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=57" title="View all posts in Business" rel="category">Business</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=currency" rel="tag">currency</a>, <a href="http://pennystockpaycheck.com/news/?tag=digital" rel="tag">digital</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=lang" rel="tag">lang</a>, <a href="http://pennystockpaycheck.com/news/?tag=prices" rel="tag">prices</a>, <a href="http://pennystockpaycheck.com/news/?tag=sees" rel="tag">sees</a>, <a href="http://pennystockpaycheck.com/news/?tag=shrank" rel="tag">shrank</a>, <a href="http://pennystockpaycheck.com/news/?tag=simon" rel="tag">simon</a>, <a href="http://pennystockpaycheck.com/news/?tag=stake" rel="tag">stake</a>, <a href="http://pennystockpaycheck.com/news/?tag=tumbled" rel="tag">tumbled</a></span></p> </div> </div> <div class="entry"> <p>As Bitcoin prices tumbled, the value of Simon Lang’s stake shrank to about $11,000. But he’s not cashing out. He sees a future for the digital currency.<img src="http://feeds.feedburner.com/~r/rss/money_markets/~4/e4zDasJusKo" height="1" width="1" /></p> </p> <p>Read more from the original source: <a target="_blank" href="http://rss.cnn.com/~r/rss/money_markets/~3/e4zDasJusKo/" title="I lost $50,000 in Bitcoin crash, but I'm still a believer">I lost $50,000 in Bitcoin crash, but I’m still a believer</a></p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=I+lost+%2450%2C000+in+Bitcoin+crash%2C+but+I%E2%80%99m+still+a+believer+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D100322" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <div class="post-100296 post type-post status-publish format-standard hentry category-world-news tag-diamyd tag-diamyd-medical-ab tag-distribution tag-future tag-general tag-kind tag-meeting tag-mertiva tag-nasdaq tag-omx tag-president tag-share tag-shareholder tag-stockholm tag-subsidiary" id="post-100296"> <div class="post_top"> <div class="post_title"> <h2><a href="http://pennystockpaycheck.com/news/?p=100296" rel="bookmark" title="Permanent Link to Diamyd Medical AB (DMYDY: OTCQX International) | Information relating to the Extraordinary General Meeting of Diamyd Medical on April 22 regarding the proposed restructuring of the Diamyd Group">Diamyd Medical AB (DMYDY: OTCQX International) | Information relating to the Extraordinary General Meeting of Diamyd Medical on April 22 regarding the proposed restructuring of the Diamyd Group</a></h2> </div> <div class="post_top_data"> <p class="post_author">Posted by <span>admin</span> | Posted on 19-04-2013</p> <p class="post_cats">Category : <span><a href="http://pennystockpaycheck.com/news/?cat=4" title="View all posts in World News" rel="category">World News</a></span></p> <p class="post_tags">Tags: <span><a href="http://pennystockpaycheck.com/news/?tag=diamyd" rel="tag">diamyd</a>, <a href="http://pennystockpaycheck.com/news/?tag=diamyd-medical-ab" rel="tag">diamyd medical ab</a>, <a href="http://pennystockpaycheck.com/news/?tag=distribution" rel="tag">distribution</a>, <a href="http://pennystockpaycheck.com/news/?tag=future" rel="tag">future</a>, <a href="http://pennystockpaycheck.com/news/?tag=general" rel="tag">general</a>, <a href="http://pennystockpaycheck.com/news/?tag=kind" rel="tag">kind</a>, <a href="http://pennystockpaycheck.com/news/?tag=meeting" rel="tag">meeting</a>, <a href="http://pennystockpaycheck.com/news/?tag=mertiva" rel="tag">mertiva</a>, <a href="http://pennystockpaycheck.com/news/?tag=nasdaq" rel="tag">nasdaq</a>, <a href="http://pennystockpaycheck.com/news/?tag=omx" rel="tag">omx</a>, <a href="http://pennystockpaycheck.com/news/?tag=president" rel="tag">president</a>, <a href="http://pennystockpaycheck.com/news/?tag=share" rel="tag">share</a>, <a href="http://pennystockpaycheck.com/news/?tag=shareholder" rel="tag">shareholder</a>, <a href="http://pennystockpaycheck.com/news/?tag=stockholm" rel="tag">stockholm</a>, <a href="http://pennystockpaycheck.com/news/?tag=subsidiary" rel="tag">subsidiary</a></span></p> </div> </div> <div class="entry"> <p><em>Provided that the Extraordinary General Meeting of Diamyd Medical AB to be held on April 22 resolves in favor of the proposed restructuring of the Diamyd Group, after which Diamyd Medical AB will be renamed Mertiva AB, the incoming Board of Directors in the future Mertiva AB plans to appoint Andreas Bergsten as the President at a statutory meeting following the General Meeting. The proposed restructuring entails, among other effects, that the subsidiary Diamyd Therapeutics AB will be distributed to shareholders and the intention is to list the company on NASDAQ OMX First North. The current President of Diamyd Medical AB, Peter Zerhouni, will remain as President of Diamyd Therapeutics AB.</em></p> <p><strong>Background to the restructuring</strong><br />As previously announced in press releases issued on February 18 and March 21, 2013, the summons to an Extraordinary General Meeting was brought about due to an agreement reached by a group of shareholders in Diamyd Medical AB who together represent a majority of the votes and share capital in the company. The agreement entails, among other factors, that the shares in the subsidiary Diamyd Therapeutics AB, which will be capitalized at approximately SEK 50 million and own the existing diabetes operations and the holding in Periphagen, Inc., will be distributed to shareholders. The company will be renamed Diamyd Medical AB. At the same time, the Parent Company will be renamed Mertiva AB. Liquid assets of more than SEK 300 million and the holdings in Protein Sciences Corporation and Mercodia AB will remain in Mertiva AB. The greater part of the liquid assets in Mertiva AB is proposed to be distributed to the shareholders as soon as possible.</p> <p><strong><br />Change of President in Diamyd Medical (future Mertiva)</strong><br />The incoming Board of Directors of the future Mertiva AB plans to appoint Andreas Bergsten as President in a statutory Board meeting following the Extraordinary General Meeting to be held on April 22.<br />Andreas Bergsten, born in 1967, is currently working as a consultant in the fields of finance and company management and, in his capacity as a consultant, has worked primarily for venture capital firms. In the past, Andreas has served as CFO of four different companies and, prior to this, he was employed at Citigroup, initially as a financial analyst and subsequently as a key account manager. Andreas holds a Master of Science in Business and Economics from the Stockholm School of Economics and the McGill University MBA Program.<br />The incoming Board of Directors of the future Mertiva AB intends to bring up the issue of moving the company’s listing from NASDAQ OMX Nordic Stockholm to another, unregulated marketplace.</p> <p><strong><br />Redemption procedure in Diamyd Medical (future Mertiva) and distribution in kind of Diamyd Therapeutics</strong><br />As previously announced, the distribution of liquid assets in the future Mertiva AB is proposed to take place by distributing non-restricted equity through voluntary redemption of shares. Shareholders will receive one redemption right per share held and five redemption rights entitle the shareholder to request redemption of one share in the company. For each share redeemed, the shareholder will receive cash payment of SEK 20. The Board of Directors also proposes that the General Meeting approve a dividend in the form of all shares in the wholly owned subsidiary Diamyd Therapeutics AB, whereby three Series A shares in the future Mertiva AB will carry entitlement to one Series A share in the subsidiary and three Series B shares in the future Mertiva AB will carry entitlement to one Series B share in the subsidiary.</p> <p><strong>Summary of timetable for the redemption procedure and distribution in kind of Diamyd Therapeutics</strong></p> <p><em>April 22, 2013</em><br />Extraordinary General Meeting in Diamyd Medical. Final day for trading in the Diamyd share, including redemption rights and entitlement to distribution in kind<br /><em><br />April 23, 2013</em><br />First day of trading in the Diamyd share, excluding redemption rights and entitlement to distribution in kind</p> <p><em>April 25, 2013</em><br />Record date for receiving redemption rights and entitlement to distribution in kind </p> <p><em>April 30 – May 21, 2013</em><br />Period of registration to request redemption <br /><em><br />April 30 – May 16, 2013</em><br />Trading in redemption rights on NASDAQ OMX Stockholm</p> <p><em>Around June 14, 2013</em><br />Payment of redemption proceeds </p> <p><strong><br />Listing of Diamyd Therapeutics (future Diamyd Medical) on NASDAQ OMX First North</strong><br />As announced earlier, the intention is to make the shares in Diamyd Therapeutics AB available for trading on NASDAQ OMX First North. The first day of trading is expected to be in mid-May 2013. Diamyd Therapeutics AB will be renamed Diamyd Medical AB at the same time as the current Diamyd Medical AB will be renamed Mertiva AB.</p> <p>Peter Zerhouni, the current President of Diamyd Medical AB (future Mertiva AB) will remain in his position as President of Diamyd Therapeutics AB (future Diamyd Medical AB).</p> <p>The Board of Directors of Diamyd Therapeutics AB (future Diamyd Medical AB) will initially comprise Anders Essen-M</p> <div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/intent/tweet?text=Diamyd+Medical+AB+%28DMYDY%3A+OTCQX+International%29+%7C+Information+relating+to+the+Extraordinary+Gen...+http%3A%2F%2Fpennystockpaycheck.com%2Fnews%2F%3Fp%3D100296" title="Post to Twitter"><img class="nothumb" src="http://pennystockpaycheck.com/news/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter-micro3.png" alt="Post to Twitter" /></a></p></div> </div> </div> <!-- navigation --> <div class="navigation"> 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