Recent

% | $
Quotes you view appear here for quick access.

TranSwitch Corp. Message Board

stockyardbull4 23 posts  |  Last Activity: May 28, 2016 6:25 PM Member since: Aug 20, 2009
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • stockyardbull4 by stockyardbull4 May 28, 2016 6:25 PM Flag

    The Rights Offering ends in seven business days. Has anyone received their rights yet? I have not.

  • stockyardbull4 by stockyardbull4 May 24, 2016 5:04 PM Flag

    Didn't they do a reverse split about three years ago? What good did it do?

  • stockyardbull4 by stockyardbull4 May 19, 2016 9:15 PM Flag

    I am positive the RS will be 1 for 10 because 1 for 4 would put the stock at $ 1.20 and under a dollar will get kicked off the exchange. "Approve an amendment to our Amended and Restated Certificate of Incorporation, as amended, to reduce the number of authorized shares of common stock from 1,000,000,000 to 250,000,000 (on a post-split basis), if and when the Reverse Stock Split is effected pursuant to Proposal 2 (the “Authorized Share Reduction”) They can amend their certificate to what ever they want, I have seen this before. Just my opinion.

  • stockyardbull4 by stockyardbull4 May 19, 2016 8:54 PM Flag

    Since the stock has fallen from over 5 dollars to 29 cents in a year and a half, why
    does the CEO make 4 1/2 million dollars?

  • stockyardbull4 by stockyardbull4 May 18, 2016 5:16 PM Flag

    The table below summarizes the treatment of the Affected Stakeholders in addition to other stakeholders under the Restructuring Plan.

    Stakeholder Treatment
    Senior Secured Revolver - New or amended reserve based facility to be provided by existing lenders
    2L Notes - Unaffected and reinstated
    3L Notes - Fully equitized into 76.5% of the pro forma equity
    - Receive $50.0 MM in cash plus accrued and unpaid interest through March 31, 2016
    Unsecured Notes - Receive 15.5% of the pro forma equity
    - Receive warrants for 4.0% of the pro forma equity (4 year term, $1.33 BN equity strike)
    - Receive $37.6 MM in cash plus accrued and unpaid interest through May 15, 2016
    Convertible Note - Receive 4.0% of the pro forma equity
    - Receive $15.0 MM in cash
    - Receive warrants for 1.0% of the pro forma equity (4 year term, $1.33 BN equity strike)
    Preferred Equity - Receive $11.1 MM cash
    Existing Common Equity - Receive 4.0% of the pro forma equity

  • stockyardbull4 by stockyardbull4 May 12, 2016 2:01 PM Flag

    Now seventeen cents!

  • stockyardbull4 by stockyardbull4 May 12, 2016 9:26 AM Flag

    What are these guys getting paid for? They should only be paid in stock.
    Mr. Jeffrey A. Quiram , 56
    Chief Exec. Officer, Pres, Director and Member of Stock Option Committee 360.00K
    Mr. Robert L. Johnson , 66 Sr. VP of Operations 258.00K Mr. Adam L. Shelton , 49 VP of Product Management & Marketing 252.00K

  • stockyardbull4 by stockyardbull4 May 11, 2016 1:42 PM Flag

    We are distributing to holders of our common stock, at no charge, non-transferable subscription rights to purchase units. Each unit, which we refer to as a Unit, consists of one share of common stock and 0.5 of a warrant, which we refer to as the Warrants. Each whole Warrant will be exercisable for one share of our common stock. We refer to the offering that is the subject of this prospectus as the Rights Offering. In the Rights Offering, you will receive one subscription right for each share of common stock owned at 5:00 p.m., Eastern Time, on May 20, 2016, the record date of the Rights Offering, or the Record Date. The common stock and the Warrants comprising the Units will separate upon the closing of the Rights Offering and will be issued separately but may only be purchased as a Unit, and the Units will not trade as a separate security. The subscription rights will not be tradable.

    Each subscription right will entitle you to purchase one Unit, which we refer to as the Basic Subscription Right, at a subscription price per Unit of $4.00, which we refer to as the Subscription Price. Each whole Warrant entitles the holder to purchase one share of common stock at an exercise price of $4.80 per share from the date of issuance through its expiration 30 months from the date of issuance. If you exercise your Basic Subscription Rights in full, and any portion of the Units remain available under the Rights Offering, you will be entitled to an over-subscription privilege to purchase a portion of the unsubscribed Units at the Subscription Price, subject to proration and ownership limitations, which we refer to as the Over-Subscription Privilege. Each subscription right consists of a Basic Subscription Right and an Over-Subscription Privilege, which we refer to as the Subscription Right.

    The Subscription Rights will expire if they are not exercised by 5:00 p.m., Eastern Time, on June 9, 2016, unless the Rights Offering is extended or earlier terminated by the Company. If w

  • stockyardbull4 by stockyardbull4 May 3, 2016 9:15 AM Flag

    Below pre split price

  • stockyardbull4 by stockyardbull4 Apr 22, 2016 7:45 PM Flag

    The more the company loses the more money Dourney makes.
    Cosi CEO sees pay package jump to $1.7M as losses continue!

  • stockyardbull4 by stockyardbull4 Apr 22, 2016 10:58 AM Flag

    Vancouver, British Columbia, April 22, 2016 – First Majestic Silver Corp. (TSX:FR / NYSE:AG) (“First Majestic” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets, pursuant to which the underwriters have agreed to purchase 4,566,000 common shares (“Common Shares”) at a price of C$10.95 per Common Share of the Company, on a bought deal private placement basis, for aggregate gross proceeds to the Company of approximately C$50 million (the “Offering”).

    The Company has also granted the underwriters an option to purchase up to 15% of the number of Common Shares sold pursuant to the Offering, exercisable at any time prior to the Closing Date.

    The net proceeds from the sale of the Common Shares will be used towards the mill and mine expansion at La Guitarra to 1,000 tpd, to further advance the roasting analysis and testing at La Encantada, and to allow the Company to increase the amount of development and exploration across the Company’s six operating mines as well as for general corporate and working capital purposes.

    The Offering is scheduled to close on or about May 12, 2016 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Toronto Stock Exchange and the New York Stock Exchange.

  • stockyardbull4 by stockyardbull4 Apr 22, 2016 10:40 AM Flag

    We Are Screwed!

  • stockyardbull4 by stockyardbull4 Apr 1, 2016 10:15 AM Flag

    Can we make $ .000099

  • stockyardbull4 by stockyardbull4 Mar 30, 2016 10:27 AM Flag

    Google "AMSC Amperium® Wire Used in Nexans’ Recent Superconducting Fault Current Limiter Installations"

  • stockyardbull4 by stockyardbull4 Mar 15, 2016 12:20 PM Flag

    Broadfin 266,000 ta $ 1.31 now below a dollar. Amazing!

  • stockyardbull4 by stockyardbull4 Mar 15, 2016 12:17 PM Flag

    Broadfin just sold 266,000 shares

  • stockyardbull4 by stockyardbull4 Mar 14, 2016 9:51 AM Flag

    The licenses granted under the License Agreement cover all fields of use and products other than consumer electronic products, watches and components thereof, certain luxury goods, and defense and munitions applications. The licenses are also limited by applicable any U.S. and China legal requirements or approval requirements.

  • stockyardbull4 by stockyardbull4 Mar 11, 2016 12:46 PM Flag

    Ameritrade won't let you short this stock which is good for longs

  • stockyardbull4 by stockyardbull4 Mar 10, 2016 2:47 PM Flag

    The top 5 execs are averaging $ 400,000 a year. Isn't that a little high?

  • stockyardbull4 by stockyardbull4 Mar 10, 2016 11:57 AM Flag

    " an initial conversion price of approximately $9.76 per share of common stock." "Upon any conversion, Unisys will settle its conversion obligation in cash, shares of its common stock, or a combination of cash and shares of its common stock, at its election. "

TXCCQ
0.00050.0000(0.00%)May 27 9:30 AMEDT