For those conspiracy theorists, it'd be interesting to know a bit more about Dixie Pulp & Paper inc. and Taglich, perhaps there is more to that ct filing than meets the eye.
I wasn't able to find out much about them, private company.
The original supply agreement was for 5 years (saw reference here in a paid for pump microcap research report--also interesting since the research report author (Taglich Brothers) was also involved in creating what is now Orchard! taglichbrothers.com )
No conflict of interest there(g)
As of the date of this report, Michael Taglich, President of Taglich Brothers, Inc., owns or has a controlling interest in 466,716 shares of TIS common stock and 35,050 warrants. Robert Taglich, Managing Director of Taglich Brothers, Inc., owns or has a controlling interest in 41,948 shares of TIS common stock and 35,050 warrants. Richard Oh, Director of Research and Managing Director of Taglich Brothers, Inc., owns 8,233 shares of TIS common stock and 10,000 warrants. Doug Hailey, Director of Investment Banking at Taglich Brothers, Inc. and a Director of Orchids Paper Products Company, owns 10,000 shares of TIS common stock and 30,000 warrants. Other employees at Taglich Brothers, Inc., also own or have a controlling interest in 22,377 shares of TIS common stock and 39,900 warrants. Within the last three years, Taglich Brothers, Inc. had an Investment Banking relationship with the company mentioned in this report. In March 2004, Orchids Acquisition Group, Inc. was formed by Taglich Brothers, Inc. and Weatherly Group, LLC exclusively for the purpose of acquiring all of the outstanding shares of Orchids Paper Products Company, and was subsequently merged into the Company. In July 2005, Orchids completed its initial public offering (of which Taglich Brothers, Inc. was the managing underwriter) and began trading on the American Stock Exchange under the symbol TIS. All research issued by Taglich Brothers, Inc. is based on public information. The company will pay a monthly monetary fee of $2,000 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports upon distribution of the initial report. |
