What ever happened to the Metabolon IPO? According to your info they were waiting for the beginning of 2015 to do it because of tax implications from a major holder of Metabolon.
I am certain that TINY will get more than the 3.5 million that they have valued Bridgelux for. Not only that they also get the spin off of Xenio as well
The way I read it is positive. Since Bridgelux is not a publicly traded company they are guessing at where to value it. Now that it is being bought out they will realize the true value of what they invested in Bridgelux. If they own 10% of the company then they will get 10% of the purchase price. Bridgelux was on track to do over $100M in revenue in 2014 according to the bridgelux website
"Reflective of our success, Bridgelux is proud to announce record first half revenues and is on-track to exceed $100m in revenue for 2014. In the first half of 2014, Bridgelux also experienced 104% unit growth year over year for sales of package products and 36% for sales of die products"
What are companies going for these days 7-10 times earnings maybe more? This is a positive for TINY
Sentiment: Strong Buy
Announcement from CTPartners
June 22, 2015 22:35:00 UTC
CTPartners Executive Search, Inc. (NYSE MKT: CTP), announced today that the exclusivity period for its negotiations with DHR International Inc. regarding an acquisition of the Company expired late last week with no definitive agreement for the sale of the Company as a whole having been reached.
The Company’s business and financial condition have continued to deteriorate as consultant departures have continued through the second quarter of 2015. The Company has been informed that DHR is seeking to acquire certain of the Company’s assets in a transaction with the Company’s lenders, who have the right to acquire those assets pursuant to the underlying debt documents. DHR has indicated that it expects to employ many of the Company’s consultants and employees. There is no assurance that any such transaction will be completed, and, if completed, the proceeds of such a transaction are not likely to be sufficient to satisfy all of the Company’s obligations to its lenders and other creditors, and are not expected to result in any payment to the Company’s shareholders.
Stock is only .012 and has signed a deal with JKS
SHANGHAI and FREMONT, Calif., June 16, 2015 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that it has entered into a Memorandum of Understanding with Andalay Solar, Inc. ("Andalay") (OTCQB: WEST), whereby JinkoSolar intends to license and manufacture solar modules using Andalay's Instant Connect® frame technology.
SHANGHAI and FREMONT, Calif., June 16, 2015 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that it has entered into a Memorandum of Understanding with Andalay Solar, Inc. ("Andalay") (OTCQB: WEST), whereby JinkoSolar intends to license and manufacture solar modules using Andalay's Instant Connect® frame technology. With existing residential market demand for the Andalay compatible solution, this new offering will be a valuable addition to JinkoSolar's current module line up offering. JinkoSolar is targeting to offer the new Jinko-branded modules in the second half of the year.
JinkoSolar will be offering a 60 cell polycrystalline solution equipped with a black Andalay frame, which has passed the UL1703 Type 1 Fire Classification. This high efficiency module will be made available specifically for the residential market, supporting JinkoSolar's strong development in this sector.
He bought 119,000 shares today at an average price of $29.67.
162,500 shares yesterday and 24k on Monday.
DJ Holder BERKOWITZ Buys 305,500 Of SEARS HOLDINGS CORP SHLD
(Dow Jones 06/10 18:05:17)