Posts for Ticker ‘BWTR’

More ‘Going Concern’ Notes Hitting Companies (AWBC, AHR, BWTR, CHCI, DCGN, GST, MLP, OXGN, TMI, XCR)

burning-money-picThis might be a record year for auditor “going concern” notes being included in annual report filings with the SEC. If it isn’t a record, it sure feels like it.  This note in an annual report is either from the company or its auditor(s) that there is a risk that the company will not be able to operate without bringing in new capital or be operated in the same manner financially.
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Posted on: April 1, 2009 – 10:07 am in Accounting, Annual Report, SEC, , , , , , , , , ,

The 52-Week Low Club 8/11/2008 (SIRF)(CDE)(AU)(BWTR)

Sad_clownCoeur d’Alene Mines (CDE) Faces bad earnings and falling  metals prices. Drops to $1.69 from 52-week high of $5.18.

Anglogold Ashanti (AU) Metals stocks down. Slips to $25.68 against 52-week high of $51.35.

Basin Water (BWTR) Delays results and audit committee begins investigation. Falls to $1.29 from 52-week high of $13.42.

SiRF Technology (SIRF) Loses patent ruling against Broadcom (BRCM) Drops to $2.15 from 52-week high of $30.61.

Douglas A. McIntyre

Posted on: August 11, 2008 – 2:47 pm in HI/LOW, , , ,

24/7 Wall St. Most Overpaid CEO Of The Day: Basin Water (BWTR) CEO Michael Stark

Angrybear_2

Basin Water (BWTR) shares are off over 50% to $1.78 on heavy volume.

Basin Water said that the Audit Committee of its Board of Directors is conducting a review of the Company’s accounting for certain specific transactions, and that the Audit Committee has retained independent legal counsel and accountants to assist in the review. The Company has delayed the filing of its Form 10-Q pending the completion of the Audit Committee’s review.

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Posted on: August 11, 2008 – 9:14 am in Corporate Governance,