 |
  __ TaxMasters, Inc. (OTCBB: TAXS) filed a Current Report on Form 8-K on Wednesday, July 7, 2010 to announce that Patrick Cox, its founder, CEO and majority shareholder, voluntarily entered into a Financial Reorganization Agreement in which Mr. Cox deposited 200 million shares of his TaxMasters common stock with TaxMasters' transfer agent, Olde Monmouth Stock Transfer Co., Inc. These shares will be held in escrow by Olde Monmouth for a five year period ending June 30, 2015. During that time, Mr. Cox has waived his right to vote the escrowed shares and he has also waived his right to receive any dividends or other distributions by TaxMasters with respect to the escrowed shares. As a result of Mr. Cox's voluntary escrow of shares, there are now 139,676,105 shares of common stock that can be voted or can receive dividends or other distributions. The 139,676,105 shares will also be the number of shares used to calculate earnings per share for TaxMasters financial statements. After each fiscal year during the five years that Mr. Cox's shares are being held in escrow, Mr. Cox may claw back a portion of the escrowed shares based on a formula linked to the financial performance of TaxMasters. Any shares Mr. Cox does not claw back prior to June 30, 2015 will be turned over to the Company for cancellation. As a result of the Financial Reorganization Agreement, shareholders will have an increased voting power in their stock. For example, a shareholder owning 1,000,000 shares of TaxMasters common stock will have an increase of the voting power of such stock from 0.3% of the voting power to 0.7% of the voting power. Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (HVAC) services, reported that it has scheduled its quarterly conference call for Tuesday, August 3, 2010 at 10:00 a.m. Central Time to discuss second quarter 2010 financial results. The results will be released after the market closes on Monday, August 2, 2010. Christopher A. Holden, President and Chief Executive Officer of AmSurg Corp. (NASDAQ: AMSG), reported financial results for the second quarter ended June 30, 2010. Revenues were $179,895,000 for the quarter, an increase of 7% from $168,844,000 for the second quarter of 2009. Net earnings from continuing operations attributable to AmSurg common shareholders for the second quarter of 2010 were $13,133,000, or $0.43 per diluted share, compared with $13,798,000, or $0.45 per diluted share, for the second quarter last year. The results for the second quarter of 2010 included an incremental negative impact of $0.01 per diluted share from the revision of the Medicare payment system for ASCs and $0.02 per diluted share from the higher interest costs related to the refinancing of the Company's credit facility in May 2010. Keynote Systems (NASDAQ: KEYN), the global leader in solutions for continuously improving the Internet and mobile experience, and OPNET Technologies, Inc. (NASDAQ: OPNT), a leading provider of solutions for managing application and network performance, today announced a strategic alliance that focuses on maximizing the performance and availability of web applications for corporate enterprises and government agencies worldwide. Key initiatives of the alliance include technical collaboration and coordinated marketing and sales efforts that emphasize each company's best-in-class technologies. The OPNET/Keynote offering enables proactive, 24x7 visibility into the performance of critical applications from multiple geographic locations using a combination of real user traffic and synthetic transaction monitoring. **************************************************************  ************************************************************** THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has previously received twenty four thousand dollars from Tax Masters Inc.(TAXS.OB) for 30 days of advertisement services. Crown Equity Holdings, Inc. (CRWE.OB) has received four thousand dollars from a third party (Marshall Curtis) for 30 days of advertisement for services for Tax Masters Inc.(TAXS.OB) which has expired. Crown Equity Holdings, Inc. has received an additional four thousand dollars from the same third party (Marshall Curtis) for an additional 30 days of advertisement services
|