This one is intresting...
RAMPART CAPITAL CORP set its price to $18-$22 and decreased its number of shares from 1,500,000 shares to 500,000 Units (equivalent to 1,000 Shares) and set its symbol to RAC.U.
A specialty financial services company that acquires undervalued financial assets, primarily in the form of commercial debt portfolios and real estate, manages and services its asset portfolios, collects the debt and sells real estate and other assets for profit, and provides short term bridge funding for real estate projects.
CEO: Charles W. Janke CFO: Charles F. Presley Filed on: 1/25/99 Ticker: RAC.U, RAC Price: $18-$22
-------------------------------------------------------------------------------- SIC 6159 State of Incorporation TX Employees, Full-time|Part-time 7 Fiscal Year-End 12/31 Revenue $6.8 Mln (FY 98) Net Income $2.1 Mln Lead Underwriter REDSTONE SECURITIES INC Est. Offering Amount 17250000
-------------------------------------------------------------------------------- RECENT NEWS 8/19/99 The company set its price to $18-$22 and decreased its number of shares from 1,500,000 shares to 500,000 Units (equivalent to 1,000 Shares) and set its symbol to RAC.U. 8/10/99 The company pricing, originally planned for today, has been delayed two weeks to the week of August 23rd. 8/3/99 The company set its symbol to AMEX:RAC. 1/25/99 The company filed for IPO. |