GM-[b]COHO [/b].0011-3 Billion Shares Reducing@7AM
THERE GETTING SERIOUS ABOUT GETTING THIS GOING I THINK
[b]Cooper Holding Corp. Cancels 3 Billion Shares Reducing Authorized Count by 75% 07/13 08:00 AM[/b]
COTTAGE GROVE, TN -- (MARKETWIRE) -- 07/13/12 -- Cooper Holding Corp. (COHO:$0.0011,$0.0002,22.22%) announced today that its Board of Directors has approved a comprehensive Growth and Value Plan that includes sweeping initiatives designed to position Cooper Holding (COHO:$0.0011,$0.0002,22.22%) for accelerated growth and increased financial stability.
CEO, Daniel Cooper, "We are excited to announce that effective immediately Cooper Holding Corporation (COHO:$0.0011,$0.0002,22.22%) has reduced our authorized common share count by 3 Billion. The reduction was voted on and passed during our last board meeting and we wanted to wait until it was finalized before making an announcement of this magnitude. I am committed to the shareholders of this company and will continue to do everything within my power to provide value to our loyal supporters. One of our goals was to make the capital structure more appealing to both current and potential investors. We think this move will provide the leverage needed to effectively negotiate a structured capital agreement that protects our shareholders and provides our management team with the tools to accelerate growth. This is just the beginning; we have laid a strong foundation for a successful future and will continue to work hard towards achieving our goals."
Executive Vice President, Timothy Durant, "The current Capital Structure now stands at 1,000,000,000 common shares authorized, down 75% from the original 4,000,000,000. The outstanding common share count remains unchanged at 743,945,913. We are still looking at additional cuts but have been advised not to release additional details until complete. We will however provide complete details on the New Capital Structure in our next press release and on the corporate website."
Corporate Website: http://www.cooperholdingcorp.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward- looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently.
CONTACT:
Cooper Holding Corp. (COHO:$0.0011,$0.0002,22.22%)
ir@cooperhunting.com
Get more news on:SYMBOLS: COHONEWS TYPE: SECTORS:
GM-COHO .0011-3 Billion Shares Reducing@7AM THERE
Top 10 Most Recent News Articles
AIIB Boosts Infrastructure with $83.5M Fund Expansion
AIIB's Strategic Move: Fund Enhancement I'm sitting here digesting the latest AIIB news over black coffee, and you can feel the tremors in the infrastructure world. The Asian Infrastructure Investment Bank (AIIB) just cranked up its Project Preparation Special Fund with a fresh shot of USD83.5 million. That's in addition to what’s already cooked up about USD213 million...
Continue Reading
Salomon Trail Week: International Bonding Over Trails
A Weeklong Trail Adventure There's nothing quite like shaking off the cobwebs with a splash of mountain air mixed with a dash of raw athleticism. Salomon Trail Week wrapped up over in Linhai, China, marking yet another notch in the belt of trail running culture. This wasn't just a mere stampede over scenic trails but a full-on celebration of the global and Chinese trail...
Continue Reading
Samsung Ups Stake in TCL CSOT: A Game-Changer?
Samsung Electronics' Strategic Play Sometimes it takes a gutsy move to shake up the industry, and Samsung Electronics just went for it. Snagging a 10.16% stake in TCL CSOT isn't just some run-of-the-mill acquisition. It's a calculated chess piece placement in the cutthroat display tech arena. Unpacking the Stake Game This latest move shifts Samsung Display's stake to...
Continue Reading
Starting Pet End-of-Life Talks: Why Timing Matters
Early Conversations Can Change Everything The minute you bring it up, let's be honest, nobody likes to talk about end-of-life decisions, not even for their pets. Yet, when you think about it, biding your time until things get critical isn't doing anyone any favors, especially not the furry ones. Drs. Brandon and Paola Beebout, two piercing minds from Kearney, Nebraska,...
Continue Reading
Dissecting the USDOT's New DBE/ACDBE Final Rule
The Landscape Shift in DBE/ACDBE Compliance When the USDOT decided to roll out their Final Rule in September, they didn't just shuffle the deck - they reshuffled the whole game for the Disadvantaged Business Enterprise (DBE) and Airport Concession Disadvantaged Business Enterprise (ACDBE) programs. Public agencies and businesses from coast to coast have been left...
Continue Reading
UP Fintech Faces Major Class Action Amid Chinese Regulatory Hurdles
Legal Battles Loom Over UP Fintech UP Fintech Holding Limited, trading under NASDAQ: TIGR, is knee-deep in legal mire, thanks to a hefty class action lawsuit. Levi & Korsinsky rings the legal bells for shareholders who grabbed TIGR securities from April 22, 2024, to June 2, 2026. The heat is on—a December 28, 2026 deadline for lead plaintiff spot beckons. Dust off those...
Continue Reading
LONGi Achieves 10th BNEF Tier 1 Listing Amidst Stricter Rules
LONGi Surpasses New BNEF Barriers with Ease Alright, let's dig into the meat of the matter today. LONGi has snagged its 10th straight spot in BloombergNEF's (BNEF) Tier 1 list of global energy storage manufacturers. And mind you, that's no small potatoes, especially with stricter financing demands rearing their hefty heads this quarter. Non-Recourse Financing: A Tougher...
Continue Reading
Survey Reveals 'TDS' Impact on 2026 Midterm Elections
Midterms and 'Trump Derangement Syndrome': What's the Deal? Every election season there's something new to raise eyebrows, and this time it's 'Trump Derangement Syndrome' (TDS) taking the spotlight. After the dust of the 2026 mid-terms started settling, it turns out there's more than just traditional candidate bickering shaping votes. Can you guess what's driving voters?...
Continue Reading
Ember Stays Tops 2026 Rankings for St. George Rentals
Ember Stays Takes the Crown in St. George Another day, another accolade for Ember Stays, folks. This time, they’ve snagged the #1 spot in Airbtics’ latest ranking among 28 players in the St. George vacation rental scene. Not too shabby, considering the earlier nod from Manager Review in June. Let's just say, this outfit's not here to mess around. What Makes Ember...
Continue Reading
TSX Surges Amid Earnings Wave and Market Momentum
TSX Soars, But What's Driving the Surge? Gotta say, when the TSX leaps over 2% in a single day, it sets the stage for two things: excitement and scrutiny. On a balmy Wednesday, Canada's stock market stood tall at 36,317.67, up 785.39 points. Wall Street joined the dance too, with the Dow kicking up by 1,543.75 points. Good vibes all around — but hang on a minute. You...
Continue ReadingTop 5 Most Recently Viewed Articles
Recognizing Excellence: Dr. Jonathan L. Glashow's Impact in Orthopedics
Dr. Jonathan L. Glashow: A Leader in Orthopedic Sports Medicine Dr. Jonathan L. Glashow is a name synonymous with excellence in orthopedic sports medicine. With a remarkable career spanning decades, he has established a reputation as a leading orthopedic surgeon, recognized for his ability to treat complex sports injuries effectively. A Top-Rated Physician His recent...
Continue Reading
Alvopetro Energy Ltd. Declares New Quarterly Dividend Payment
Alvopetro Energy Ltd. Announces Quarterly Dividend Alvopetro Energy Ltd. has recently shared some significant news about its financial plans. The company has declared a quarterly dividend of US$0.09 per share for its common shares. This decision came during a recent meeting of the Board of Directors, signaling Alvopetro's ongoing commitment to reward its shareholders. The...
Continue Reading
Mesirow Wealth Management Expands Team with Tax Expert Hiring
Mesirow Wealth Management Expands Team with Tax Expert Hiring In a strategic move to bolster its Wealth Management services, Mesirow Wealth Management introduces Gary Pattengale as a pivotal member of its team. This new position as a Mesirow Wealth Advisor and Advanced Planning Specialist highlights the firm's commitment to providing expert-level guidance in tax planning....
Continue Reading
Crown Capital Partners Reports Q2 2025 Financial Performance
Key Financial Outcomes Crown Capital Partners Inc. (TSX: CRWN) recently shared its financial results for the second quarter of 2025, a period that witnessed a significant shift in several operational areas. The report highlighted a net loss of $3.5 million, translating to a loss of $0.62 per basic share, compared to a more substantial loss of $15.2 million or $2.71 loss...
Continue Reading
OKX Wallet Launches Integration with B3 Mainnet for Gaming
OKX Wallet Integrates with B3 Mainnet, Transforming Blockchain Gaming OKX, a prominent player in the Web3 technology sector, has announced exciting updates about the integration of the B3 Mainnet. This development represents a significant leap forward in enhancing innovative blockchain ecosystems. B3 stands out as a groundbreaking blockchain gaming platform, offering...
Continue Reading