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![]() [b]Bederra Corporation Announces Stock Buyback AgreementHOUSTON, TX--(Marketwire - February 24, 2010) - Bederra Corporation (PINKSHEETS: BEDA), a Houston, Texas-based diversified medical services provider, has announced that the Board of Directors met to confirm a buyback of the Company's issued and outstanding common stock and to approve the financing of the company's buyback program. The Board confirmed that the buyback is in the best interests of increased shareholder value and for the enhanced efficacy of pending and future mergers and acquisitions relative to the company's common stock price per share. The Board also specifically noted that the company's appearance on the Regulation SHO data in recent months as further cause for such a proactive measure from management.
The company will initiate a common share buyback program using a percentage of both future revenues and financing options to purchase up to 50 percent of its outstanding "public float" -- the free trading share component of the total shares issued and outstanding. Management noted that financing is being arranged through private investors. As stated in a previous press release, the company believes that despite marked progress in liquidity, visibility and price per share in recent months, the current share price is still undervalued rendering mergers and acquisitions more difficult. With pending acquisition negotiations ongoing, management stated that its direct action to enhance shareholder value is critical to future growth and so in the best interest of shareholders and the company. About Bederra Corp. Bederra Corporation provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. The Company's business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings. Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products and services in development, including any planned acquisitions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements might not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence BEDA~Over 2 Billion Naked Short Shares Officially Confirmed |
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![]() Posted by: Z-Man15 Date: Saturday, March 06, 2010 2:20:06 AM
In reply to: goldwingeurope who wrote msg# 21835 Post # of 21847 Thats also with 3 other things... (1) Merger, (2) Accusation of Texas Mobile Health, and (3) Naked Short Sellers Covering. GLTA! |
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![]() Bederra Corporation Issues PR Clarification and Addresses Stock Performance
HOUSTON, TX -- (Marketwire) 03/09/10 Bederra Corporation (PINKSHEETS: BEDA), a Houston, Texas based diversified medical services provider, issued the following announcement as clarification regarding the press release dated February 26, 2010 with the headline "Bederra Corporation Re-Emerges On Newly Implemented Uptick Light Rule." Management stated that the press release was not issued, authorized or otherwise approved by management previous to its dissemination at . Management desired to clarify that it has not engaged or otherwise compensated themarketfinancial.com or its principals or agents for any research reports, coverage, and promotion or press release dissemination. Furthermore, the company had no knowledge of the press release prior to its dissemination. Management further stated that it is not surprised by such coverage of "short volume" and "short interest" by research groups who search for companies on FINRA's REG SHO list. Such analysts use technical analysis and short volume data to ascertain what they believe will be a "squeeze trigger price" per share that will trigger a "buy in" of a company's shares whereupon large short and or naked short sale positions are finally covered resulting in a substantial spike in the price per share on increased liquidity. Bederra management reiterated that it is very concerned about the company's continued presence on the REG SHO list and believes that such a buy-in is imminent, if not underway already, as evidenced by the company's greatly increased liquidity and enhanced price per share in recent trading sessions. The company is weighing the short and long-term effects of any short and/or naked short sales on the company's price per share and its impact on shareholder value and the company's previously announced buy back and vice versa. "While short sales have their place in legitimate market practices, naked short sales are effectively the introduction of counterfeited shares into the market place by unscrupulous individuals and institutions, threatening the foundation of our financial market places and undermining long term shareholder value." In an effort to maintain ongoing transparency with shareholders and to clarify what action(s) may be necessary to deter any naked short sales of Bederra common stock, the company has initiated its own investigation into the purported activity. The company has also been in contact with regulatory officials in order to better understand publicly available information, and celebrates the February 24th SEC adoption of Rule 201, the alternative "Uptick Rule" designed to restrict destructive short selling: (). Based on the daily trading data from FINRA, it appears that the company has been on the REGSHO list for 56 consecutive trading days and that the company has had 2,154,800,548 shares "fail to deliver" (i.e. fail to be covered) from 14 Dec 2009 through the close of business 2 Mar 2010. As of this point regulators and management alike have no way to precisely quantify the amount of cumulative shares that remain to be covered. However, the short volume for individual months can be viewed on FINRA's website at the following links: Furthermore, management stated that regarding the company's recently announced share buy back program, the company reports that it has obtained financing from private investors to go forward with the purchase of shares. The company will initiate a common share buy back program using a percentage of both future revenues and financing options to purchase up to 50 percent of its outstanding "public float" -- the free trading share component of the total shares issued and outstanding. About Bederra Corp. Bederra Corporation provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. The Company's business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings. Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products and services in development, including any planned acquisitions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements might not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations. Contact: Bederra Corp. Email Contact |
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BEDA I See here mnore than a 3000% Chance soon 0.06 - 0.10+$
BEDA I See here mnore than a 3000% Chance soon 0.06 - 0.10+$
1.) Merger in Planning 2.) Buyback confirmed 3.) Over 2 Billion in Naked Short.This will must covered soon = BOOM in ShortSqueeze 4.) Very tight 5.) Will definetly adding More and More BOOM BOOM BOOM DA |
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![]() Bederra Corporation Completes Acquisition of Texas Mobile Health, Inc.
HOUSTON, TX -- (Marketwire) 03/22/10 Bederra Corporation (PINKSHEETS: BEDA) management today announced that it has completed the acquisition of Texas Mobile Health, Inc. (TMH). Under the terms of the acquisition, TMH is now a wholly owned subsidiary of Bederra Corporation. This acquisition is the first of several acquisitions the company plans to make as the company further increases its assets and facilities as a diversified medical services provider. The acquisition of Texas Mobile Health, Inc. is expected to add more than $2 million in gross revenues to Bederra Corporation and be accretive to earnings. TMH specializes in mobile diagnostic imaging by providing services such as echocardiograms, stress testing and other diagnostic services to physicians, clinics and corporations and has plans to expand its current services and broaden the range of procedures it currently offers. About Bederra Corp. Bederra Corporation provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. The Company's business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings. Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products and services in development, including any planned acquisitions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements might not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations. Contact: Bederra Corp. Email Contact |
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