Lobster Trap


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Lobster Trap

An antitakeover strategy in which a publicly-traded company prohibits some convertible security holders from voting in the event that they exercise the conversion option. Specifically, if a single shareholder has more than 10% of the company's equity in convertible securities of any kind, that shareholder will be disallowed from converting their securities into voting stock. The conversion option may still allow the holder to own and have all other rights associated with common stock, but voting is not permitted. A lobster trap must be incorporated into the company's charter.
References in periodicals archive ?
A) View of the LTV system mounted on a standard lobster trap, placed underwater, at the study site.
I slummed it at Rotary Club mixers, pounding out Louis Prima and Little Richard tunes so that we could upgrade our boat and Quinn and I could set lobster traps and I could be a real Outer Cape character, the kind of guy who turned up at the diner at five in the morning, smelling of cut herring, and boasting about the catch he's going to pull up later in the day when the day trippers and land lubbers were just getting up.
Other, less frequently expressed concerns included the increased crowding on wharves and on the water as a result of the growing aquaculture presence in the area; garbage created by salmon farms; the potential for escaped salmon to contaminate wild fish populations; and illegal setting of lobster traps by farm site workers (Table 5).
On land, the 3.5-foot-high spool with 2,000 feet of line wound around it weighs 340 pounds, but in water, it's buoyant and floats near the bottom attached to the lobster traps. With a timer or an acoustic signal, the device can be activated to unspool its line and float up to the surface for retrieval.
Briefly, the cages were modified vinyl-coated wire, commercial lobster traps (91 x 50 x 45 cm, with 2.5-cm apertures) with a series of 9 equidistant, horizontal shelves made from the same wire as the cage itself.
In the Orange County area, lobster traps are typically deployed from small boats around shallow reefs and hard structure with holes and crevices where lobsters conceal themselves during the day (Mitchell et al.
The lobster trap vessels land substantially more lobsters than the lobster diving vessels.
started the Riverdale Mills Corporation in 1979 by renovating a derelict Northbridge mill building, with an idea that would completely reinvent commercial lobster traps. Now, at 84 years old, Mr.
The most obvious pattern in the data was the distribution of lobster traps with depth.
Models integrate a wide range of factors, from growth and reproduction rates of lobsters, to business costs and profits, to fishing methods, including numbers of lobster boats, lobster traps, and days at sea.
(Isn't that always the way?) How else would he access LIVE pictures from an undersea lobster trap in Maine, USA?
Lobster trap video: in situ video surveillance of the behaviour of Homarus americanus in and around traps.