OTCBB: DPSI), a leading provider and integrator of Enterprise Mobility and Wireless Applications solutions, announced that its Board of Directors has approved the payment of a quarterly cash dividend of eight percent of the stated value
of the Company's Series D and ten percent of the stated value
of the Company's Series E Preferred Stock for the quarter ending December 31, 2014.
375 percent Non-Cumulative Convertible Series 2004-1 Preferred Stock has a stated value
and liquidation preference of $100,000 per share and is convertible by holders into shares of Fannie Mae common stock at a conversion price of $94.
policies, however, can still depreciate vessels because they generally require the insurance company to pay up to the stated amount.
Therefore, the fraudster may wish to increase the stated value
of short-term assets, such as receivables and inventory, in order to improve a current ratio.
State law does not define "capital stock" but the state has long defined it as par value (for stock with par value) or stated value
(for stock with no par value).
The meeting followed the Board's receipt on February 4, 2007 of a non-binding letter from Vornado Realty Trust (unaccompanied by definitive terms or documentation) setting forth an alternative to its prior part-cash/part-stock offer at a stated value
of $56 per share, and the Board's receipt on February 5, 2007 of a proposed increased all-cash offer of $55.
The three new series of Preferred Stock issued to these current and former executives has a combined stated value
Pursuant to the Certificate of Designation for the Preferred Stock, upon a redemption of the Preferred Stock the Company is required to redeem such shares of Preferred Stock in cash for an amount equal to 110% of the stated value
of the Preferred Stock, plus accrued and unpaid dividends and all other amounts due to the holder, payable within 10 trading days of the notice of redemption.
Thirteen million eight hundred thousand (13,800,000) shares of Series F Preferred Stock at a stated value
2 million, the stated value
of the twenty (20) hotels.
G/O's Board of Directors will, subject to the approval of SH Celera, determine the terms upon which such shares of Preferred Stock are sold and the rights and privileges granted to purchasers of the shares of Preferred Stock, including, but not limited to: (i) the price per share, (ii) the granting of conversion features, (iii) the fixed dividend rate, (iv) the nature of the securitization including the coverage ratio on the Stated Value
and the differential on the dividend rate and (v) the percentage participation in future dividends and distributions to G/O's stockholders.
0 million shares outstanding of 12%, cumulative, non-convertible, non-voting shares of Series J preferred stock with a stated value