Comments on: Lynch Interactive Purchase

By: Special Situations Real Money Port on Fire - Fat Pitch Financials

Special Situations Real Money Port on Fire - Fat Pitch Financials — Mon, 12 Jun 2006 10:36:35 +0000

[...] LYNCH INTERACTIVE CORP [...]

By: Special Situations Real Money Port Update - Fat Pitch Financials

Special Situations Real Money Port Update - Fat Pitch Financials — Fri, 28 Apr 2006 22:56:25 +0000

[...] LYNCH INTERACTIVE CORP [...]

By: Lynch Interactive Cash Received - Fat Pitch Financials

Lynch Interactive Cash Received - Fat Pitch Financials — Fri, 02 Dec 2005 05:21:43 +0000

[...] I found a nice surprise in my son’s Coverdell Education Savings Account tonight. I received the cash for the 85 shares of Lynch Interactive I purchased back on October 10, 2005. [...]

By: George

George — Mon, 28 Nov 2005 03:16:37 +0000

I haven’t seen cash for LIC yet. It should be coming soon though.

By: Aaron

Aaron — Sat, 26 Nov 2005 16:58:25 +0000

Have you received your cash for this one yet?

By: Lynch Interactive Reverse Split Completed - Fat Pitch Financials

Lynch Interactive Reverse Split Completed - Fat Pitch Financials — Thu, 17 Nov 2005 04:43:07 +0000

[...] Lynch Interactive provided an update on their going private transaction today in a press release. As you might recall, I purchased 85 shares of Lynch Interactive in my son’s Coverdell Education Savings Account on October 10th. The relevant section of the press release is reproduced below: – Going to the Pink Sheets - On November 3, 2005 the Company’s Board of Directors approved an amendment, effective November 10, to the company’s Restated Certificate of Incorporation to affect a one-for-one hundred reverse stock split which was approved by the stockholders at our annual meeting on October 31, 2005. Its effect will be to reduce the number of shareholders of record below 300 so that the company may deregister its shares under the Securities Exchange Act of 1934, thus “going dark.” As part of this process we plan to delist from the American Stock Exchange. The consideration for holders of less than one hundred shares of stock will be $29.9352, which was the greater of $29 per share or 120% of the average closing prices over the twenty days on which shares were traded immediately prior to the effective date. Such an action will save us the considerable public company costs including audit fees and other fees related to the Sarbanes-Oxley Act. At the same time, we are committed to providing shareholders quarterly and annual financial information and press releases. Our post split shares are currently trading on the Pink Sheets under the symbol “LICT”. [...]

By: George

George — Thu, 13 Oct 2005 02:08:16 +0000

Oh, a wise guy I see… You should give my going private transactions list a try. It will probably save you some time and help you generate some profit from arbitrage opportunities you might not be aware of.

It’s possible I miss an opportunity or two, but usually someone let’s me know when I’m missing something.

By: TT

TT — Wed, 12 Oct 2005 15:56:39 +0000

I have an opportunity that is not on your list.

You must pay me $5 for it though.

Just kidding buddy.

By: George

George — Wed, 12 Oct 2005 10:28:19 +0000

Ariel -

The best place to start looking (not that I’m unbiased) for reverse split going private transactions is in the Fat Pitch Financials Contributors’ Corner. I have a list of over 40 opportunities that are currently available. If you find an opportunity not on my list, I would love to hear about it so I can added to the list. Thank you for offering to help.

By: ariel

ariel — Wed, 12 Oct 2005 07:23:44 +0000

Hi I was wondering if I could help find some reverse split going private oppurtunities I was wondering where I should start looking?

Thanks,
Ariel