staples closing stores means less money losses for staples, people are dispensible.There is hope SPY 190 coming don't fight the FED, have been telling people not to fight the FED free money available for corporate america. Free credit card no spending limt
Sentiment: Strong Buy
Fed bonds and the rest of the world buying our stock market because they don't trust their own will bubble us up further and further. Enjoy the ride and daytrade only as you never know when bubble will burst
Sentiment: Strong Buy
On June 17, 2013, Tiger Media Yaoyang, a wholly-owned subsidiary of the Company, the Company, and Symbol Media, Inc. (“Symbol Media”) entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) whereby the Company acquired eight key lease contracts from Symbol Media which will allow the Company to take 100% control of the eight key Shanghai shopping center locations. Consideration for the transaction was US$2.2 million which was paid through the issuance of 2,052,239 ordinary shares of the Company to MOJICA as Symbol Media’s nominee. No cash payments were made by or on behalf of the Reporting Persons in connection with the Asset Purchase Agreement. The description of the Asset Purchase Agreement is qualified in its entirety by the terms and conditions of the Asset Purchase Agreement, which is filed as Exhibit 99.2 hereto, and incorporated herein by reference.
(a) The Reporting Persons are the beneficial owners of 10,666,790 Ordinary Shares of the Issuer, representing 31.48% of the Issuer’s Ordinary Shares. This amount includes the right to acquire 1,647,467 Ordinary Shares pursuant to Warrants held by the Reporting Persons, each exercisable into one Ordinary Share. The percentage of beneficial ownership is based upon 32,232,760 Ordinary Shares outstanding as of July 10, 2013.
Phillip Frost, M.D.
Check the appropriate box if a member of a group (see instructions)
(a) þ (b) ¨
SEC use only
Source of funds (see instructions)
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
Citizenship or place of organization
Sole voting power
Shared voting power
Tiger Media Announces Completion of Warrant Exercise
-Approximately 3.3 million warrants exercised raising approximately $4.1 million
Shanghai, China, December 27, 2013 — Tiger Media, Inc. (“Tiger Media”) (NYSE
MKT: IDI), a Shanghai-based multi-platform media company announced the
completion of its previously disclosed warrant price reduction. As of December
26, 2013, an aggregate of approximately 3.3 million of the total of
approximately 3.5 million outstanding warrants (approximately 93%) were
exercised by its warrant holders, raising approximately $4.1 million in
proceeds. All unexercised warrants have expired and the Company has no further
warrants outstanding. Proceeds from the warrant exercise are expected to be
used for general working capital requirements, enhance interactive media
capabilities and to develop or acquire new business opportunities.
Tiger Media, Inc.
(Name of Issuer)
Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
Joshua B. Weingard, Esq.
Tiger Media, Inc.
4400 Biscayne Blvd.
Miami, FL 33137
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
January 2, 2014
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.
On November 11, 2013, Mr. Tan received a grant of 350,000 RSUs of the Company. This grant of RSUs fully vested on January 2, 2014. Mr. Tan acquired the securities for investment purposes.
On November 11, 2013, Mr. Tan was granted an option to purchase 150,000 Ordinary Shares of the Company with an exercise price of $1.62 per share. The option vests in three equal annual installments commencing on the first anniversary of the grant date. This option is not exercisable within 60 days of this Amendment to the Schedule 13D.
The source of funds or other consideration used in all transactions described above consists of other sources for each of the individual Reporting Persons.
Item 5. Interest in Securities of the Issuer.
Item 5 is deleted in its entirety and replaced with the following text:
(a)-(b) MOJICA is the beneficial owner of 2,052,239 Ordinary Shares of the Company (representing approximately 5.6% of the outstanding shares of the Company as of January 31, 2014). TGC Partners is the beneficial owner of 2,852,239 Ordinary Shares of the Company (representing approximately 7.8% of the outstanding shares of the Company as of January 31, 2014). Peter Tan is the beneficial owner of 3,753,548 Ordinary Shares, including 341,666 stock options which have vested or will vest within 60 days of the filing of this Amendment, of the Company (representing approximately 10.2% of the outstanding shares of the Company as of January 31, 2014). Stephen Zhu is the beneficial owner of 2,052,239 Ordinary Shares of the Company (representing approximately 5.6% of the outstanding shares of the Company as of January 31, 2014).
The number of Ordinary Shares with respect to which each of the Reporting Persons has or shares voting or dispositive power is set forth in Items 7 through 10 of each of the inside cover pages to this Amendment relating to each Reporting Person (which is incorporated into this Item 5 by reference).
CUSIP No. G88685105 Page 8 of 9
(c) On Ja
machine is coming
Read the article
the machine is coming
ERBB company with a long term plan
erbb long term buy
Excerpts from Ceo interview
very nice article