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Wally, I hope that your family's health challenges work out as best possibly can be hoped for. May God bless you and your family members. My best personal regards, Bucky
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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FWIW, and realizing this news is not CSHD, but is interesting as it relates to Ecowood and ANLT ....J_U_ICE just posted it in the News Thread a short while ago . . ANLT (.42) Postpones Shareholder Meeting; Announces Termination of Definitive Merger Agreement
PR Newswire "US Press Releases "
SAN ANTONIO, April 5 /PRNewswire-FirstCall/ -- Analytical Surveys, Inc. (ASI) (Pink Sheets: ANLT), today announced it has postponed its annual meeting of shareholders previously scheduled for May 2, 2007. On March 29, 2007, the Company mailed a definitive Proxy Statement and Notice of Annual Meeting of Shareholders, which was to be held on May 2, 2007. The Proxy Statement contained a proposal requesting shareholders approve a reverse stock split for the sole purpose of regaining compliance with Nasdaq Marketplace Rule 4310(c)(4), contemplating that such a reverse stock split would help to bring the bid price on the Company's common stock into compliance with the $1.00 minimum required by the Rule. As ASI's common stock is no longer listed on Nasdaq, the Company has decided to postpone the Annual Meeting. Therefore, it is no longer necessary for proxies to be solicited pursuant to the Proxy Statement. The Company will reschedule the Annual Meeting at a later date.
The Company also announced it has terminated its definitive merger agreement with Ecowood, Inc. On March 19, 2007, the Company announced it had entered into an agreement under which both companies would be combined to form a diversified natural resource company. Completion of the merger was subject to the satisfactory completion of ASI's due diligence, in its sole discretion. The Company was unable to obtain the level of comfort necessary to complete the merger within the time frame allotted by the agreement.
About ASI
Analytical Surveys, Inc. is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. ASI is headquartered in San Antonio, Texas. For more information, please visit www.asienergy.com.
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward- looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business -- "risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.
SOURCE Analytical Surveys, Inc.
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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quote:Originally posted by BuckyBarnes: "FWIW, and realizing this news is not CSHD, but is interesting as it relates to Ecowood and ANLT ....J_U_ICE just posted it in the News Thread a short while ago . . ANLT (.42) Postpones Shareholder Meeting; Announces Termination of Definitive Merger Agreement
PR Newswire "US Press Releases "
SAN ANTONIO, April 5 /PRNewswire-FirstCall/ -- Analytical Surveys, Inc. (ASI) (Pink Sheets: ANLT), today announced it has postponed its annual meeting of shareholders previously scheduled for May 2, 2007. On March 29, 2007, the Company mailed a definitive Proxy Statement and Notice of Annual Meeting of Shareholders, which was to be held on May 2, 2007. The Proxy Statement contained a proposal requesting shareholders approve a reverse stock split for the sole purpose of regaining compliance with Nasdaq Marketplace Rule 4310(c)(4), contemplating that such a reverse stock split would help to bring the bid price on the Company's common stock into compliance with the $1.00 minimum required by the Rule. As ASI's common stock is no longer listed on Nasdaq, the Company has decided to postpone the Annual Meeting. Therefore, it is no longer necessary for proxies to be solicited pursuant to the Proxy Statement. The Company will reschedule the Annual Meeting at a later date.
The Company also announced it has terminated its definitive merger agreement with Ecowood, Inc. On March 19, 2007, the Company announced it had entered into an agreement under which both companies would be combined to form a diversified natural resource company. Completion of the merger was subject to the satisfactory completion of ASI's due diligence, in its sole discretion. The Company was unable to obtain the level of comfort necessary to complete the merger within the time frame allotted by the agreement.
About ASI
Analytical Surveys, Inc. is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. ASI is headquartered in San Antonio, Texas. For more information, please visit www.asienergy.com.
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future sales, future expenses and future liquidity and capital resources. All forward- looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Item 1. Business -- "risk factors" and elsewhere in the Company's Annual Report on Form 10-KSB.
SOURCE Analytical Surveys, Inc.
Maybe they read some of the DD on this thread dealing with Mike and his Amazon Log deals. I wouldn't feel very comfortable after that either.
CSHD, if it ever gets up off the mat, is something that will take months at the minimum to pan out. A lot of fool's Gold to pan through to find the nugget that might make it golden.
Hope that all have a very Happy Easter. Enjoy the time you can spend with your family.
Wally
PS: Thank you all for your wishes and prayers.
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hey Wally...I truly hope all gets better for you and yours!
I was reading over on RPH's board...they are "pumping" the CERT thing again... My question to this board is this...
IF CSHD was to move to an entirely different exchange...(which has been one of the "hints" for the past couple of weeks)...Wouldn't "we" need to have the hard CERTS in order to transfer those shares to the new exchange? I'm not talking about one of the typical exchanges..but a completely different one? Wouldn't this also be a way to "rid the system" of any and all NSS? this thought almost seems "plausible"... Any other thoughts?
I hope all have a great EASTER!!!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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Found it... Oh they were saying if ya got certs and the date was after the 16th of oct you wouldn't get the 6:1 but that wasn't what it said had to see for myself LOL
-------------------- Never lookback...
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quote:Originally posted by 10of13: hey Wally...I truly hope all gets better for you and yours!
I was reading over on RPH's board...they are "pumping" the CERT thing again... My question to this board is this...
IF CSHD was to move to an entirely different exchange...(which has been one of the "hints" for the past couple of weeks)...Wouldn't "we" need to have the hard CERTS in order to transfer those shares to the new exchange? I'm not talking about one of the typical exchanges..but a completely different one? Wouldn't this also be a way to "rid the system" of any and all NSS? this thought almost seems "plausible"... Any other thoughts?
I hope all have a great EASTER!!!
10 of Crotchets,
just for the record, this has never traded on an exchange... yes, ma'am, there were hints, promises, or whatever of moving to an exchange, but as we know, to even trade on pinks would require ...offa the top of my head ...
answering the default(s)
bring filings up to date
MM/form 211
Last I knew, the BOD had not even appointed a new CEO...
Some foreign trading platform *might* be a possibility, I suppose... but I don't see how OTCBB stock could be "carried over," ie, everybody keeps their shares and gets a do-over...
AND, even if they could, my guess is that would be tougher for US folk to trade than the greys...
As far as physical certs go, I had a position on GTEL when it moved to AMEX and re-opened there as GTE...(in other words, from OTCBB to an exchange) and no physical certs were involved.
NSS? To my mind, nobody wants to "get rid of" nekkid shorty in any play: you want shorty to cover...
That's what is so attractive to your Corey-types: a toxic-financed, PnD is like a day in the park with your kids...take 'em to the slide, enjoy the grins climbing up the ladder, then wheeee! more fun dropping down the slide.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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It looks like Bud Burrel is possibly pushing back the deadline for the big NSS company announcement. He's saying Tuesday AM now, if not sooner.
I think he's also narrowed it down to being Eagletech. He's pretty much shot down every other company people have asked about except them. They don't trade currently, correct?
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This cert thing is back to bothering me again. I just don't want to be left out of anything.
There's some on Rufie's board saying that the Can. brokerages won't let them turn their certs back in. I haven't seen anything like that for the US folks, but that sure sounds bad.
quote:Originally posted by Jenna: Milliam, Do you know if Scottrade has said that they wouldn't take certs back?
I guess I will have to call tomarrow...
Rufus & others are hinting that if you may need your certs to get the 6:1 but I really don't see how....
are you joking...we are at 3 cents, dont worry about 6:1 you will never see it, nor will you see this ever run pass .30 again with rufus in the midst of things.
-------------------- Disclaimer: Not accountable for anything I say
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ST22- I know you have good picks a lot of times & I have told you in the past that I respect that....
....just wondering why you stopped by in here? We still have CSHD because it's not worth selling right now....I don't know why you felt the need to "chime" in...thanks for your empty post....
-------------------- ..just remember....Family is EVERYTHING!!
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you will sometimes see companies require hard certs (i.e., taken out of the broker's "street name") for certain dividends, such as round lots, etc... but this was never a declared dividend, in fact merely a PR saying it was *not* a dividend...
As I recall, RPH was CEO at that time--is that right? If so, seems even more unlikely, as structured/announced... As i recall, part of what the SEC was seeking was preventing his being an officer in a public company--not sure of that, though...
Now, could some future CEO set up a straightforward dividend? sure...f/s, r/s, whatever...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by Jenna: ST22- I know you have good picks a lot of times & I have told you in the past that I respect that....
....just wondering why you stopped by in here? We still have CSHD because it's not worth selling right now....I don't know why you felt the need to "chime" in...thanks for your empty post....
Sorry Jenna, i have not sold my shares and am a cshd holder too. I was just saying lets not get ahead of ourselves yet.
-------------------- Disclaimer: Not accountable for anything I say
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Wow- Bud Burrell sure did change his tune!! I guess this Tsunami may have turned into calm waters....
This is from his ****- the latest...
*************************************************
Re: A "Tsunami" Headed at Our Markets!!!!! Treason Is what this is!!!!!! By TripleGolden on 4/9/2007 4:09 PM Florida court system, hmm. HVLN quietly collecting the evidence, are they the one? It's already 7:52pm and nothing is out yet. Tomorrow another day?
Reply: It is not HVLN. I was informed that the statute expired today, by two sources. If someone blew this filing, there will be hell to pay, and I don't speak figuratively. No sense in negative speculation. I am glad I'm not on the Board of the complaining company. Taking this to the last minute wasn't just imprudent.
That is my last comment on this. I won't be watching this tomorrow.
I wish the CEO of this Company well. He is not the problem here. I still consider him to be the best informed and most knowledgeable CEO of all the NSS victims about the specific methods of the fraud here.
-------------------- ..just remember....Family is EVERYTHING!!
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