Latest Bkf Capital Grp (BKFG) Headlines
BKF Urges Qualstar Shareholders to Focus on the Real Facts and Issues and Vote to Elect the BKF Nominees at the 2013 Annual Meeting
Business Wire - Fri Jun 21, 12:30PM CDT
BKF Capital Group, Inc. (OTCQB: BKFG), the second largest shareholder of Qualstar Corporation (NASDAQ: QBAK), today commented on the real facts and issues in BKF's contest to replace the Board of Directors of Qualstar and elect BKF's highly experienced, highly qualified and highly motivated nominees at the Qualstar Annual Meeting of Shareholders on June 28, 2013.
Qualstar Urges Shareholders to Question Why BKF and Bronson Refused Qualstar's Reasonable Offer to Settle the Proxy Contest
Marketwire - Fri Jun 14, 2:18PM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that it has issued an open letter to shareholders commenting on the adamant refusal of BKF Capital Group, Inc., a publicly-held shell company, and its controlling shareholder, Steven N. Bronson, to accept the very reasonable settlement offer that Qualstar made to avoid a costly, disruptive and distracting proxy contest.
BKF Capital Issues Open Letter To Qualstar Shareholders; Urges Shareholders Not to be Fooled By the Company's Investor Presentation
Business Wire - Fri Jun 14, 11:42AM CDT
BKF Capital Group, Inc. (OTCQB:BKFG), the second largest shareholder of Qualstar Corporation, today that issued an open letter to the shareholders of Qualstar Corporation (NASDAQ:QBAK), in response to the Company's release yesterday of an investor presentation. BKF urges shareholders not to be fooled by the investor presentation into believing that the Company is on the road to recovery under current CEO Lawrence Firestone and the directors that he has brought to the Board. BKF believes that, under the strategy of Mr. Firestone and his fellow directors, the Company will continue to burn cash, incur unreasonable and unnecessary expenses and suffer losses. The Board therefore needs to be replaced.
Qualstar Makes Investor Presentation Publicly Available and Announces Conference Call for Shareholders on June 19, 2013
Marketwire - Thu Jun 13, 7:30AM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that, in connection with management's upcoming meetings with investors, it has filed its latest investor presentation with the Securities and Exchange Commission.
Qualstar Urges Shareholders to Question BKF's and Bronson's Ulterior Motives for Seeking Control of Qualstar
Marketwire - Wed Jun 12, 7:30AM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that it is has mailed the following letter to shareholders commenting on the latest attempt by BKF Capital Group, Inc. (OTCQB: BKFG), an entity controlled by Steven N. Bronson, to seek control of Qualstar without paying shareholders an appropriate control premium:
BKF Capital Issues Stop, Look and Listen Letter to Qualstar Shareholders
Business Wire - Wed Jun 05, 12:00PM CDT
BKF Capital Group, Inc. (OTCQB - "BKFG"), the second largest shareholder of Qualstar Corporation, announced today that it issued an open letter urging shareholders of Qualstar Corporation (NASDAQ - "QBAK") to STOP, LOOK and LISTEN before taking any action in response to the Company's solicitation of proxies for the 2013 Annual Meeting of Shareholders. The complete text of the letter to shareholders follows:
Qualstar Corporation Comments on BKF Capital's Latest Attempt to Obtain Control of Qualstar Without Paying Shareholders a Control Premium
Marketwire - Thu May 30, 7:30AM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today commented on the latest attempt by BKF Capital Group, Inc., an entity controlled by Steven N. Bronson, to seek control of Qualstar without paying shareholders an appropriate control premium.
CORRECTING and REPLACING BKF Capital Announces Demand for Qualstar Records
Business Wire - Tue May 28, 4:36PM CDT
Second graph, last sentence should read: BKF is also seeking books and records... (sted Qualstar is also seeking books and records...).
BKF Capital Announces Demand for Qualstar Records
Business Wire - Tue May 28, 4:20PM CDT
BKF Capital Group, Inc. (OTCQB: BKFG), announced today that it has served a demand on Qualstar Corporation (NASDAQ: QBAK) to examine its books and records supporting statements made about BKF in Qualstar's earnings release and Form 10-Q for the quarter ended March 31, 2013. In the press release, Qualstar stated that results for the quarter were impacted "by the initiation and subsequent termination of a tender offer for shares of the company's stock by BKF Capital Group, Inc., which adversely affected bookings and revenues for new equipment in the storage business." The Qualstar Form 10-Q similarly stated, "Our storage bookings for the fiscal third quarter were negatively impacted by the Partial Tender Offer by the BKF Group in late January...which we observed to cause uncertainty and deferral of business opportunities among our resellers and end users." The Form 10-Q also reported that Qualstar incurred fees of $641,
BKF Terminates Offer to Acquire Qualstar Shares On Account of Adoption of Rights Plan
Business Wire - Mon Feb 11, 12:45PM CST
BKF Capital Group, Inc. (OTCQB - "BKFG") today announced that it is terminating its offer to acquire up to 3,000,000 shares of Qualstar Corporation (NASDAQ -- "QBAK") because of the recently announced adoption by Qualstar of a shareholder rights plan. The adoption of the rights plan effectively makes it impossible to consummate the offer, since the acquisition of shares in the offer would trigger the exercisability of the rights under the plan.
BKF Urges Qualstar Shareholders to Focus on the Real Facts and Issues and Vote to Elect the BKF Nominees at the 2013 Annual Meeting
Business Wire - Fri Jun 21, 12:30PM CDT
BKF Capital Group, Inc. (OTCQB: BKFG), the second largest shareholder of Qualstar Corporation (NASDAQ: QBAK), today commented on the real facts and issues in BKF's contest to replace the Board of Directors of Qualstar and elect BKF's highly experienced, highly qualified and highly motivated nominees at the Qualstar Annual Meeting of Shareholders on June 28, 2013.
Qualstar Urges Shareholders to Question Why BKF and Bronson Refused Qualstar's Reasonable Offer to Settle the Proxy Contest
Marketwire - Fri Jun 14, 2:18PM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that it has issued an open letter to shareholders commenting on the adamant refusal of BKF Capital Group, Inc., a publicly-held shell company, and its controlling shareholder, Steven N. Bronson, to accept the very reasonable settlement offer that Qualstar made to avoid a costly, disruptive and distracting proxy contest.
BKF Capital Issues Open Letter To Qualstar Shareholders; Urges Shareholders Not to be Fooled By the Company's Investor Presentation
Business Wire - Fri Jun 14, 11:42AM CDT
BKF Capital Group, Inc. (OTCQB:BKFG), the second largest shareholder of Qualstar Corporation, today that issued an open letter to the shareholders of Qualstar Corporation (NASDAQ:QBAK), in response to the Company's release yesterday of an investor presentation. BKF urges shareholders not to be fooled by the investor presentation into believing that the Company is on the road to recovery under current CEO Lawrence Firestone and the directors that he has brought to the Board. BKF believes that, under the strategy of Mr. Firestone and his fellow directors, the Company will continue to burn cash, incur unreasonable and unnecessary expenses and suffer losses. The Board therefore needs to be replaced.
Qualstar Makes Investor Presentation Publicly Available and Announces Conference Call for Shareholders on June 19, 2013
Marketwire - Thu Jun 13, 7:30AM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that, in connection with management's upcoming meetings with investors, it has filed its latest investor presentation with the Securities and Exchange Commission.
Qualstar Urges Shareholders to Question BKF's and Bronson's Ulterior Motives for Seeking Control of Qualstar
Marketwire - Wed Jun 12, 7:30AM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that it is has mailed the following letter to shareholders commenting on the latest attempt by BKF Capital Group, Inc. (OTCQB: BKFG), an entity controlled by Steven N. Bronson, to seek control of Qualstar without paying shareholders an appropriate control premium:
BKF Capital Issues Stop, Look and Listen Letter to Qualstar Shareholders
Business Wire - Wed Jun 05, 12:00PM CDT
BKF Capital Group, Inc. (OTCQB - "BKFG"), the second largest shareholder of Qualstar Corporation, announced today that it issued an open letter urging shareholders of Qualstar Corporation (NASDAQ - "QBAK") to STOP, LOOK and LISTEN before taking any action in response to the Company's solicitation of proxies for the 2013 Annual Meeting of Shareholders. The complete text of the letter to shareholders follows:
Qualstar Corporation Comments on BKF Capital's Latest Attempt to Obtain Control of Qualstar Without Paying Shareholders a Control Premium
Marketwire - Thu May 30, 7:30AM CDT
Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today commented on the latest attempt by BKF Capital Group, Inc., an entity controlled by Steven N. Bronson, to seek control of Qualstar without paying shareholders an appropriate control premium.
CORRECTING and REPLACING BKF Capital Announces Demand for Qualstar Records
Business Wire - Tue May 28, 4:36PM CDT
Second graph, last sentence should read: BKF is also seeking books and records... (sted Qualstar is also seeking books and records...).
BKF Capital Announces Demand for Qualstar Records
Business Wire - Tue May 28, 4:20PM CDT
BKF Capital Group, Inc. (OTCQB: BKFG), announced today that it has served a demand on Qualstar Corporation (NASDAQ: QBAK) to examine its books and records supporting statements made about BKF in Qualstar's earnings release and Form 10-Q for the quarter ended March 31, 2013. In the press release, Qualstar stated that results for the quarter were impacted "by the initiation and subsequent termination of a tender offer for shares of the company's stock by BKF Capital Group, Inc., which adversely affected bookings and revenues for new equipment in the storage business." The Qualstar Form 10-Q similarly stated, "Our storage bookings for the fiscal third quarter were negatively impacted by the Partial Tender Offer by the BKF Group in late January...which we observed to cause uncertainty and deferral of business opportunities among our resellers and end users." The Form 10-Q also reported that Qualstar incurred fees of $641,
BKF Terminates Offer to Acquire Qualstar Shares On Account of Adoption of Rights Plan
Business Wire - Mon Feb 11, 12:45PM CST
BKF Capital Group, Inc. (OTCQB - "BKFG") today announced that it is terminating its offer to acquire up to 3,000,000 shares of Qualstar Corporation (NASDAQ -- "QBAK") because of the recently announced adoption by Qualstar of a shareholder rights plan. The adoption of the rights plan effectively makes it impossible to consummate the offer, since the acquisition of shares in the offer would trigger the exercisability of the rights under the plan.
