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Technology Stocks : Ampex Corp. -- Ignore unavailable to you. Want to Upgrade?


To: justlooking1 who wrote (5691)8/15/2008 11:22:18 AM
From: YerMOLE  Respond to of 5839
 
"before all the patterns expire?"

Oye! If you couldn't see the spiraling "patterns"

in this stock you've been suckered. Remember,

"Trades that fail before a Company lands on a Threshold List

can remain unsettled forever." Learn more:

"Over Eighty (80) Years of COUNTERFEITING, COUNTERFEITING,COUNTERFEITING, Ad Infinitum, Ad Nausea"

thesanitycheck.com



To: justlooking1 who wrote (5691)8/15/2008 8:08:19 PM
From: James Feldman  Read Replies (2) | Respond to of 5839
 
Contingent Payment "Rights" ("CPR")? You must read the fine print carefully:

<<Once NET cash proceeds totaling approximately $83.8 million have been received by the Reorganized Debtors, the holders of the CPRs will be entitled to receive their pro rata share of 50% of all subsequent proceeds related to the Debtors' intellectual property as set forth above, NET OF EXPENSES of administering the CPRs.>>

I've added all-caps to emphasize that the CPRs are NOT based on the gross receipts from the IP.

Net cash proceeds? Net of expenses? Sounds like an opportunity for Hollywood accounting. Don't know what that is? Here are some notable examples:

1. Winston Groom's price for the screenplay rights to his novel Forrest Gump included a share of the profits; however, due to Hollywood accounting, the film's commercial success was converted into a net loss, and Groom received nothing. That being so, he has refused to sell the screenplay rights to the novel's sequel, stating that he cannot in good conscience allow money to be wasted on a failure.

2. Art Buchwald received a settlement after his lawsuit Buchwald v. Paramount over Paramount's use of Hollywood accounting. The court found Paramount's actions "unconscionable," noting that it was impossible to believe that a movie (1988's Eddie Murphy comedy Coming to America) which grossed US$350 million failed to make a profit, especially since the actual production costs were less than a tenth of that. Paramount settled for an undisclosed sum, rather than have its accounting methods closely scrutinized.

Source: en.wikipedia.org