Astropower liquidating

You must not post any contact information or spam the chat.Rules You must be 18 years of age or older to use this service.Accordingly, shares of Astro Power’s common stock are subject to delisting from the The Board of Directors then accepted the resignations of Allen Barnett, Ph. To facilitate the sale, among other reasons, Astro Power has filed a petition for reorganization under Chapter 11 of the Bankruptcy Code in United States Bankruptcy Court in Delaware. June 16, 2004 – Registrant filed a Motion with the US Bankruptcy Court in the District of Delaware announcing that it has reached an agreement to sell 100% of the equity of Aplicaciones Techicas de la Encergia, S. Barnett, as principal investigator and research professor, was chosen to lead a broad consortium of 15 universities, corporations and laboratories, spearheaded by the University of Delaware (UDEL), to develop Very High Efficiency Solar Cells (VHESC) with 50% efficiency within the next 50 months.D., the Company’s Chief Executive Officer, and of Thomas Stiner, the Company’s Chief Financial Officer, from their respective executive positions with Astro Power and February 1, 2004 – Astro Power, Inc. PK) announced today that it has reached an agreement to sell certain of its U. Since the Christina School District acquired the building wi th plans to convert it into a middle school, a financial crisis at the district, prompted by a severe budget shortfall, forced the plan to be delayed.

150 ( 2011 ) In Re Jamuna Real Estate, LLC , 445 B.

According to the Complaint, as a result of improperly recognizing revenue from these transactions, Astro Power’s net income was overstated by approximately 0,000 or 80% for the second quarter of 2002, and approximately 0,000 or 113% for the third quarter of 2002.

The Commission alleged that these material misstatements of revenue and net income were included in Commission filings that Barnett and Stiner signed.

The major assets include solar power related production equipment estimated at million, an 8,000-panel solar farm with an estimated value of million located on the roof of its plant at 400 Rinehart Road in Lake Mary and real property planned for a new massive solar farm in middle Florida.

Fitzsimon Filed Date: 10/21/2011 Precedential Status: Precedential Modified Date: 10/30/2014 Bell Atlantic Corp.

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