Portugal Telecom’s shareholder vote on September 8th to approve the new terms of their deal to combine with Oi following the Rio Forte debacle.
what if anything do you know about their rigs, are they the older type or more modern? I know that could be a big concern with this type of company.
Hey mike what info can you give me on this stock. what is obvious and not so obvious. what is the low down. would love your perspective.
I don't want to not be a critic here, but all expenses are going higher each Q, while revenues are dropping.
there is no point entering business agreements that are not net positive.
The premises leased pursuant to the Original Lease consisted of approximately 4,366 rentable square feet of space in the building (the "Building") located at 3303 Monte Villa Parkway, Bothell, Washington. The Company leased an additional 5,798 rentable square feet of space in the Building pursuant to the First Lease Amendment. The Second Lease Amendment expanded the premises leased by the Company from the Landlord to approximately 20,462 rentable square feet. The Third Lease Amendment expanded the premises to 20,761 rentable square feet. The Fourth Lease Amendment expanded the premises to 25,864 rentable square feet. The Fifth Lease Amendment expanded the premises to 30,357 rentable square feet.
Under the Fifth Lease Amendment, beginning November 15, 2015, the Company's monthly base rent will increase by $6,739.50 per month to an aggregate of $55,708.67 per month. The Company's base rent will increase from time to time, as set forth in Exhibit B.5 to the Fifth Lease Amendment. The Company is also required to pay an amount equal to its proportionate share of certain taxes and operating expenses for the leased premises.
thank you for posting that. super information. I would say that based on what I read, to get these speeds, you would need fiber service to the curb at a minimum. they are only achieving these speeds over copper within 328 feet. I am sure there will be huge advances, but that will take time.
I believe ALU is primed and ready for a takeover. I have no facts or information to lead to that conclusion, however I have been following this company (lucent side) since before it came into existence. Not sure who would be a potential suitor, any ideas?
Sentiment: Strong Buy
On February 11, 2008, Mr. Rice's salary was increased to $300,000 per annum, retroactive to January 1, 2008, and beginning with the year 2008, his quarterly bonus plan was supplanted by annual reviews of the board of directors or Compensation Committee. Beginning on August 1, 2009, Mr. Rice's salary was decreased 10% in conjunction with our 10% across the board pay cuts. On July 1, 2012, Mr. Rice's salary was increased to $300,000 per annum. On March 26, 2014, Mr. Rice’s salary was increased to $345,000 per annum, retroactive to January 1, 2014.