Good news released after the close, and it traded at 3.98 in AH trading.
4:03 pm AdCare Health Systems says it has entered into agreements to sublease all 40 of its facilities (ADK) : "Already, 24 facilities have completed the operations transfer to third party operators, with additional facilities scheduled to transition within the next 90 days as other approvals are received."
It's been a long time since we've heard anything from the company about if or when we might receive anything from our investments.....does anyone have any idea what's going on? Thank you.
Thanks. Here's some add'l info.
As previously disclosed in the Current Report on Form 8-K filed by Naked Brand Group Inc. (the "Company") with the Securities and Exchange Commission on August 6, 2015 (the "Prior 8-K"), the Board of Directors of the Company approved a reverse stock split of the Company's authorized, issued and outstanding shares of common stock at a ratio of 1-for-40 (the "reverse stock split"). On August 7, 2015, the Financial Industry Regulatory Authority ("FINRA") notified the Company that the reverse stock split will take effect at the open of business on August 10, 2015 (the "Effective Date"). On the Effective Date, the trading symbol for the Company's common stock will change to "NAKDD" for a period of twenty (20) business days, after which the "D" will be removed from the Company's trading symbol, which will revert to "NAKD."
Including WPZ. It's on Reuter's.
Even tho I've been buying lately, and was swayed by the insider buying, after looking more closely I notice that they seem to buy in regular 3-month intervals every year. It could be that they are provided with the money to buy the shares as part of their compensation and contracts since the buying occurs the same time each quarter.