Allerdings bin ich eingestiegen heute zu 0,40.
IPI ist auf 52-Wochen-LOW, nur was für Zocker. Nach Besichtigung der Homepage und allen
Unternehmensmeldungen der letzten Wochen einen Zock wert. Kurs war zwei Monate seitwärts, mal sehen wie weit die News noch tragen.
Gruss E.
bigcharts.marketwatch.com/charts/...2325&mocktick=1&rand=6690"
Island Pacific Corporate Update
IRVINE, Calif., Nov 2, 2004 (BUSINESS WIRE) -- Island Pacific (AMEX: IPI) today
provided an update to the market on recent filings with the Securities and
Exchange Commission.
"The company has adjusted and restated its financials for the fiscal years
ending March 31, 2003 and March 31, 2004 and for the first Quarter ended June
30, 2005," said Mike Tomczak, President and COO of Island Pacific. "We are
committed to sound accounting practices and these restatements have no bearing
or impact on our current business, cash flow or profitability. As an
organization aggressively implementing a turnaround, with a recently appointed
management team, we felt that these adjustments would improve the transparency
of the company, as well as the detail in which numbers are presented."
The company plans on filing the restated financial statements next week.
The company also announced that it has concluded a favorable renegotiation with
its current note holder, The Laurus Family of Funds, in which they have extended
the time in which capital repayments are to be amortized. The initial monthly
amortization, due to commence on September 1 of this year, has now been extended
to March 1, 2005. The initial intent of this transaction was to be able to repay
the notes in cash or stock in monthly increments over a three year period.
"The renegotiations now allow the company to preserve and build cash resources
in the short term, which will better enable the company to repay the notes in
cash rather than stock," Tomczak continued. "I am looking forward to presenting
our results for the quarter ended September 30, 2004 on November 10th. The newly
defined business plan implemented in June has started to gain traction. We had
record sales during August, September and October in our Retail Pro(R) division,
including the sales to International Speedway Corporation; a sale of a custom
application development project with Signet, a leading jewelry retailer; as well
as an end-to-end IPMS/OnePointe transaction with Wilkes Bashford. We are selling
products and executing to our business plan to return the company to
profitability."
The company will announce 2nd Quarter earnings results on Wednesday, November
10. Tomczak will provide guidance to the market for the rest of the fiscal year
at that time. Dial in instructions will be provided later this week.
IPI ist auf 52-Wochen-LOW, nur was für Zocker. Nach Besichtigung der Homepage und allen
Unternehmensmeldungen der letzten Wochen einen Zock wert. Kurs war zwei Monate seitwärts, mal sehen wie weit die News noch tragen.
Gruss E.
bigcharts.marketwatch.com/charts/...2325&mocktick=1&rand=6690"
Island Pacific Corporate Update
IRVINE, Calif., Nov 2, 2004 (BUSINESS WIRE) -- Island Pacific (AMEX: IPI) today
provided an update to the market on recent filings with the Securities and
Exchange Commission.
"The company has adjusted and restated its financials for the fiscal years
ending March 31, 2003 and March 31, 2004 and for the first Quarter ended June
30, 2005," said Mike Tomczak, President and COO of Island Pacific. "We are
committed to sound accounting practices and these restatements have no bearing
or impact on our current business, cash flow or profitability. As an
organization aggressively implementing a turnaround, with a recently appointed
management team, we felt that these adjustments would improve the transparency
of the company, as well as the detail in which numbers are presented."
The company plans on filing the restated financial statements next week.
The company also announced that it has concluded a favorable renegotiation with
its current note holder, The Laurus Family of Funds, in which they have extended
the time in which capital repayments are to be amortized. The initial monthly
amortization, due to commence on September 1 of this year, has now been extended
to March 1, 2005. The initial intent of this transaction was to be able to repay
the notes in cash or stock in monthly increments over a three year period.
"The renegotiations now allow the company to preserve and build cash resources
in the short term, which will better enable the company to repay the notes in
cash rather than stock," Tomczak continued. "I am looking forward to presenting
our results for the quarter ended September 30, 2004 on November 10th. The newly
defined business plan implemented in June has started to gain traction. We had
record sales during August, September and October in our Retail Pro(R) division,
including the sales to International Speedway Corporation; a sale of a custom
application development project with Signet, a leading jewelry retailer; as well
as an end-to-end IPMS/OnePointe transaction with Wilkes Bashford. We are selling
products and executing to our business plan to return the company to
profitability."
The company will announce 2nd Quarter earnings results on Wednesday, November
10. Tomczak will provide guidance to the market for the rest of the fiscal year
at that time. Dial in instructions will be provided later this week.