Dataram Corporation (DRAM) today reported its financial results for its fourth quarter and year ended April 30, 2014. Revenues for the fourth quarter and year ended April 30, 2014 were $8.0 million and $30.4 million, respectively, which compares to $6.2 million and $27.6 million for the comparable prior year periods. The Company reported a net loss of $0.5 million for the fourth quarter, which compares to net loss of $1.6 million in the comparable prior year period. Fourth quarter April 30, 2013 results included a $0.4 million charge for impairment of goodwill. The net loss in fiscal year ended April 30, 2014 totaled $2.6 million versus $4.6 million in the comparable prior year period
If nothing bro. That was what the CEO of Iusacell said not ETAK! In 90 days this stock is at 1.30
What are the changes to Regulation SHO?
The Securities and Exchange Commission (SEC) has adopted amendments to Regulation
SHO with a compliance date of February 28, 2011. Among the rule changes, the SEC is
introducing Rule 201 (Alternative Uptick Rule), a short sale-related circuit breaker that when
triggered, will impose a restriction on prices at which securities may be sold short. The SEC
has also issued guidance for broker-dealers wishing to mark certain qualifying orders “short
Add in the fact you cant place a short position tomorrow either... lol
The SEC adopted amendments to Regulation SHO with a compliance date of February 28, 2011. Among the rule changes, the SEC introduced Rule 201 (Alternative Uptick Rule), a short sale-related circuit breaker that when triggered, will impose a restriction on prices at which securities may be sold short. The SEC also issued guidance for broker-dealers wishing to mark certain qualifying orders "short exempt." For more details, refer to the final rule.
17 days to cover with current volume. Financing news or in the next 60-90 days 5 mil Sims are converted this stock will breakout
An article came out from SA sayin it was denied FDA approval? Which was incorrect obviously. Here is my thing. If that happened and the sell off occurred don't you think more shorts got in right there? Saying to themselves "This is going to zero now!" So in the end everyone thinks all the shorts got out but new ones mighthave entered the party.
Adrian Steckel, CEO of Iusacell, stated, "We are pleased to have successfully completed another important step in our migration program, which will see a total of approximately 5 million existing pre-paid customers on our GSM network migrated to the ET mobile platform over the next 60 to 90 days. Over the quarters thereafter, we will look to complete the last phase of the migration effort, when our entire remaining pre-paid, postpaid and MVNO customer portfolio will be migrated onto the Elephant Talk platform."
According to IR they won't announce anything about the compliance issue until the financing contract is signed. They stated they weren't going to announce a contract is being created. Maybe learned their lesson from jumping the gun on the Vodafone prepayment issue
Hi guys. Thanks for the update. Steven, last call one of the interim goals was getting to 3 million SIMs by Q2 and 8 million by the end of the year. Is the 3 million by the end of Q2 still likely?
Mark, maybe you could answer that I think, Steven is having some phone problems.
Steven van der Velden
Yes, sorry, this is Steven, I’m just hearing you now, can you repeat the question otherwise?
Sure, the two goals, where Iusacell was $3 million by the end of Q2 and 8 million by the end of the year. How is the 3 million by end of Q2 looking now?
Steven van der Velden
I think that, I just said we are expecting the very near future to be able to give you more feedback on the speed of migrations. But with the migration that we have in mind, we should ready be – it should pretty close to the 3 million market maybe somewhat around 2 million, 2.2 million.
And then we are certainly position to reach that number by the end of Q2 and of course once we reach that number by the end of Q2 we’ll move forward to do the additional migrations in the course of this year to indeed the 6 million to 8 million by the end of the year
Also, on March 20, 2014, the Company and certain investors entered into a common stock purchase agreement (the "Purchase Agreement") in connection with the Offering, pursuant to which the Company agreed to sell an aggregate of 219,754 shares of its common stock to such investors for aggregate gross proceeds, before deducting fees to the Placement Agent and other estimated offering expenses payable by the Company, of approximately $659,262. The purchase price is $3.00 per share. The Purchase Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference.