Call us : (250) 377-1182
facebook twitter linked-in
opawica ntg fairmount lingo media lux

TMY - take-over bid @3 USD cash - stock trading below 2 USD - today CC



Hello there guest! Want to join in on the conversation? Login or register for a forums account by visiting this link.


By Bobwins

Posted: Sunday Apr 6 11:03:41AM 2008

TMY was $1.97 when deal was announced on 12/31/07. Now .72. CEO never delivered on promises, no different now. Bobwins Tuesday, April 1, 2008 - 9:27 AM CDT Transmeridian ends deal with CEOHouston Business Journal Transmeridian Exploration Inc. will not proceed with a merger proposed by its chairman and chief executive officer, Lorrie Olivier. The Houston energy company in December agreed to go private after Olivier tendered a $3-a-share offer through Trans Meridian International Inc., a British Virgin Islands-based company, in a deal valued at $825 million. However, the deal began to go sour in February when Trans Meridian International was unable to meet the financing deadline for its offer. Transmeridian (AMEX: TMY) is not required to pay any termination fee, and said it will continue to court acquisition proposals from other parties. On March 31, the company reported a net loss of $74.1 million, or 67 cents per share, on revenue of $34 million, for the year ended Dec. 31, 2007. That compared with a net loss of $54.3 million, or 58 cents per share, on revenue of $24.7 million revenue, in 2006.

By blowmenow00

Posted: Sunday Apr 6 10:45:14AM 2008

Tmy is a 100 percent disappointment. Press releases that are to inform investors are manipulated and are deceiving. I must say that this company is criminal and investors will be in a class action suit before its all over.

By teddycheng

Posted: Monday Jan 14 1:51:03PM 2008

I was in the conference call today. Now I am 100% sure that is a done deal. TMY is now tied into a pipeline. CFO said that beginning in Jan 08 they will export 80% of their oil (dated brent minus 15 USD). CFO said: "...buyout financing is only a matter of paperworks...private money is in place..." Take it or leave it.

Canadian Small Caps

 
Canadian Small Caps

CLICK HERE to view the presentations from the Spring 2016 Small-Cap Conferences.

We are pleased to publish the PowerPoint presentations from The Small-Cap Conferences that were held in Calgary on March 30, 2016 and in Vancouver on May 3, 2016.

We encourage investors to review the presentations and contact the companies with any further questions.

www.smallcapconference.ca/presentations.php
plus

What's New