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This maneuver dilutes existing shareholders and leads to negative pressure on share prices.Restructuring the company is a way to avoid liquidation by converting outstanding debt into equity. Equity holders are wiped out, and the company gets a cleaner balance sheet as debt is significantly decreased.Logo - As previously announced, Tiger Logic intends to file a certificate of dissolution with the , the record date for the initial liquidating distribution.

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was .7 million, or

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was .7 million, or

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was .7 million, or

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was .7 million, or [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].09 per share-diluted, as compared to .7 million, or [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of .16 per common share at March 31, 2017, as compared to .17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of .0 million related to a .3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

.09 per share-diluted, as compared to .7 million, or [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of .16 per common share at March 31, 2017, as compared to .17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of .0 million related to a .3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

.09 per share-diluted, as compared to .7 million, or [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of .16 per common share at March 31, 2017, as compared to .17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of .0 million related to a .3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

.09 per share-diluted, as compared to .7 million, or [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of [[

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.

Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.

GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.

Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.

The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

||

First Quarter 2017 Results GAAP net income allocable to common shares for the three months ended March 31, 2017 was $2.7 million, or $0.09 per share-diluted, as compared to $9.7 million, or $0.31 per share-diluted, for the three months ended March 31, 2016.Significant Items and Highlights GAAP net income allocable to common shares of $0.09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of $14.16 per common share at March 31, 2017, as compared to $14.17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of $7.0 million related to a $21.3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.

]].09 per share-diluted and core earnings, a non-GAAP measure, of $(0.11) per share-diluted (see Schedule I). Book value of .16 per common share at March 31, 2017, as compared to .17 per common share at December 31, 2016.GAAP net income for the three months ended March 31, 2017 includes a realized gain of .0 million related to a .3 million monetization of one legacy commercial real estate ("CRE") loan previously classified as held for sale.Companies may seek out alternative methods of raising money to meet immediate obligations when credit markets are not an option.The primary option is to issue stock that is sold into the market or privately placed at a discount to the market price.




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