GMET - Geomet, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
-0.0008 (-17.78%)
At close: 12:45PM EST
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Previous Close0.0045
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0037 - 0.0037
52 Week Range0.0015 - 0.0065
Avg. Volume64,819
Market Cap149,898
Beta (3Y Monthly)1.91
PE Ratio (TTM)N/A
EPS (TTM)-0.2510
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-02-06
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire12 days ago

    GeoMet Announces its Final Distribution to the Holders of its Common and Preferred Stock Under its Plan of Dissolution

    OTC: GMETP) (“GeoMet” or the “Company”) today announced its final distribution to the holders of its Series A Convertible Redeemable Preferred Stock, par value $0.001 per share (the “Preferred Stock”), and the holders of its common stock, par value $0.001 per share (the “Common Stock”). On November 16, 2018, the Company filed a Motion for Final Distribution to Stockholders in the Court of Chancery of the State of Delaware (the "Court") requesting that the Court authorize the Company to make a final liquidating distribution to its stockholders in an aggregate amount of $2,808,928. On December 5, 2018, the Court entered an Order that, among other things, determined that (i) GeoMet shall continue its existence, solely for the purpose of making a final distribution to its stockholders (the “Final Distribution”), until the close of business on December 21, 2018 and the close of business on the date that the Final Distribution is made to its stockholders, and (ii) authorized the Company to distribute an aggregate amount of $2,808,928 to the Company’s stockholders.

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