latest news releases from the newsroom
Dobson Communications Corporation
Dobson Communications Announces Redemption of All Outstanding Series F Convertible Preferred Stock
OKLAHOMA CITY, Aug. 20, 2007 (PRIME NEWSWIRE) -- Dobson Communications Corporation (the "Company") (Nasdaq:DCEL) announced today that it has called for redemption all of its outstanding shares of Series F Convertible Preferred Stock (CUSIPs: 256069709, 256069600, 256069402 and U25401206) (the "Series F Preferred Stock"). Unless the Company defaults in its payment in cash of the optional redemption price, dividends on the shares of the Series F Preferred Stock will cease to be payable on and after the optional redemption date, which is October 4, 2007, and the right of holders of the Series F Preferred Stock to voluntarily convert shares of the Series F Preferred Stock into Class A Common Stock of the Company will terminate at the close of business on the business day preceding the optional redemption date (subject to any extension necessary to permit the expiration of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended).
Oriens Travel & Hotel Management Corp.
Chimera Restructure Initiated
LAS VEGAS, Aug. 20, 2007 (PRIME NEWSWIRE) -- Chimera Technology Corp. ("Chimera") (Pink Sheets:CNOC) (http://www.chimeratechnology.com) is pleased to confirm that the company has completed agreements with Pegasus Gaming Corp., whereby "Pegasus" will take over all software assets and operations of Chimera, in a seamless transaction to licensees, commencing September 1, 2007. As consideration for "Pegasus" to assume all existing and ongoing liabilities for licensees, "Chimera" will return to "Pegasus" all "Pegasus" common shares acquired by "Chimera" in 2005 for the purchase of an exclusive licensing agreement for the Chimera 2 platform and applications. As consideration for the acquisition of the Chimera 2 technology and applications, "Pegasus" will issue Fifteen Million common restricted shares of "Pegasus" to "Chimera" which shares will be transferred to a new wholly owned by Chimera Nevada corporation, to be held on behalf of "Chimera" shareholders and to be available as a special dividend for disbursement to "Chimera" shareholders of record as of June 30, 2007, on a pro rata disbursement basis. "Chimera Holding Corp." will, in conjunction with the "Pegasus" transfer agent, distribute these shares to shareholders on their request. Further details of this distribution will be available shortly on www.chimeratechnology.com web site. Effective on August 21, 2007, "Chimera" will undergo a name change to "Oriens Travel and Hotel Management Corp.," and the common stock will be consolidated on a non mandatory exchange, on the basis of One new share for each Two Hundred old shares. A new CUSIP # and new trading symbol will be issued accordingly.
Lucas Energy Completes $12 Million Private Placement of Restricted Common Stock and Warrants
HOUSTON, Aug. 20, 2007 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (OTCBB:LUCE), a U.S. based independent oil and gas company, today announced it has closed its previously announced private placement. $12 million was placed in an offering consisting of common stock at a price of $1.15 per share and warrants to purchase common stock at a price of $2.00 per share. Both the stock and warrants issued are restricted securities.
SB Financial Group
Rurban Announces RDSI and Freedom Bank of Southern Missouri Enter Agreement
DEFIANCE, Ohio, Aug. 20, 2007 (PRIME NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, today announced its technology subsidiary, RDSI, has entered into an agreement with Freedom Bank of Southern Missouri, based in Cassville, Missouri, to provide data processing and item processing services.
Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. Announces New Stock Repurchase Plan
SPRINGFIELD, Mo., Aug. 20, 2007 (PRIME NEWSWIRE) -- Guaranty Federal Bancshares, Inc. (Nasdaq:GFED), the holding company for Guaranty Bank, announced that its Board of Directors has approved a new common stock repurchase program. The program calls for the repurchase of up to 350,000 shares of its common stock, representing approximately 12.5% of outstanding shares. The Board had previously authorized a repurchase program of 250,000 shares on July 25, 2006, which is substantially complete. To date, 246,744 shares have been repurchased.