A plan of reorganization or liquidation may result in holders of the Company’s common stock receiving little or no distribution on account of their interests and cancellation of their existing stock. If certain requirements of the Bankruptcy Code are met, a Chapter 11 plan of reorganization can be confirmed notwithstanding its rejection by the Company’s equity securityholders and notwithstanding the fact that such equity securityholders do not receive or retain any property on account of their equity interests under the plan.
On February 27, 2015, Quicksilver Resources Inc. (the "Company") awarded retention cash bonuses to certain of the Company's named executive officers in the following amounts: Vanessa LaGatta, SVP, CFO and Treasurer, $500,000; Stan Page, SVP - U.S. Operations, $406,875; David Rushford, SVP - COO of QRCI, C$315,900; and Anne Self, VP - Human Resources, $84,375.
Form their web site, "Request a Wocket Wallet Invite
Pre-Orders are now closed to prepare for our full launch, and Wocket is now only available with an exclusive invite. To request a free invite, enter your email below and secure your spot in line.
Evidently these won't be sold in stores. You have to have an exclusive invitation in order to purchase one.
Makes no sense to me!
"In November, NXT said it expected to start deliveries of Wocket in late 2014. But the company's website on Thursday said pre-orders had been closed and no launch date was specified." Why would they stop preorders? Doesn't sound good to me. I have e-mailed the company three times asking when to they expect to start deliveries and I have received no replies!
While Quicksilver Resources' expected bankruptcy filing could have an impact within the month, the bulk of potential energy loan defaults may not be evident until 2016.
LEAGUE CITY, Texas -- April 22, 2009
ERF Wireless (OTCBB: ERFW), a leading provider of enterprise-class wireless
broadband products and services, announced today that CEO Dr. H. Dean Cubley
appeared on the Fox Business Network show C-Suite Live today at 6:30 AM EDT
and discussed the company’s strategy of bringing secure high-speed wireless
networks to regional banks throughout the country. The broadcast was available
nationally on Fox Business News.
During his interview with C-Suite host Connell McShane, Dr. Cubley discussed
the rapid growth of the company’s WISP (Wireless Internet Service Provider)
operations that provide high-speed wireless networks to regional banking
institutions. Dr. Cubley described how ERF Wireless is providing faster, less
expensive and more secure networks for banks and how much more effective
wireless networks are for banks than antiquated, more expensive T1 lines
provided by the telephone companies. He also mentioned that during the current
economy, banks are looking for cost saving measures such as the 60 percent
savings in transmission costs they can experience by implementing an ERF
Wireless banking network.