Bob22701
12 years ago
PTEK - 8-K Link:
Item 3.02. Unregistered Sales of Equity Securities.
On September 18, 2012, the Registrant issued 405,405 shares (the “Shares”) of its common stock to Gehrig H. White in full satisfaction of the entire outstanding principal amount of a note held by White. The outstanding principal balance of the note at the time of issuance of the Shares was $300,000. The Shares were valued at $0.74 per share, which represented the consolidated closing bid price per share on the NASDAQ Capital Markets on September 17, 2012.
This transaction was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”), pursuant to Sections 4(2) and 4(5) of the Act. All of the Shares will be issued by our transfer agent as promptly as practicable after compliance with NASDAQ rules with respect to the listing of additional shares and will bear a legend restricting their transfer other than pursuant to registration or exemption from registration pursuant to the Act.
As a result of the issuance, the Registrant will have 8,277,180 issued and outstanding share of Common Stock, and the issuance to the debt holder will represent 4.9% of that total issued and outstanding number of shares. White will own 15.12% of the Registrant's common stock.
8-K Link
GLTA
Bob
Serfcorp
12 years ago
Now they issue Lou another 405k shares lol so the monthly dumpathon can continue...
What a business,,,,,set up a public company,,,,print shares for eternity,,,,,turn worthless paper into federal reserve notes lol...aka more worthless paper....
Cant blame you folks over at ptek,,, given the chance i would probably do the same.....rinse wash repeat....
god bless the united states of Rockefeller...........
Serfcorp
12 years ago
The Lou dump a thon continues,atta boy Lou...
UNITED STATES
OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION
OMB Number:
3235-0101
Washington, D.C. 20549
Expires:
February 28, 2014
Estimated average burden
FORM 144
hours per response
1.00
NOTICE OF PROPOSED SALE OF SECURITIES
SEC USE ONLY
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
DOCUMENT SEQUENCE NO.
CUSIP NUMBER
ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.
1 (a) NAME OF ISSUER (Please type or print)
(b) IRS IDENT. NO.
(c) S.E.C. FILE NO
WORK LOCATION
POKERTEK, INC. 61-1455265 000-51572
1 (d) ADDRESS OF ISSUER
STREET
CITY
STATE
ZIP CODE
(e) TELEPHONE NO
1150 Crews Road, Suite F
Matthews
NC
28105
704-849-0860
2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
(b) RELATIONSHIP TO ISSUER
(c) ADDRESS STREET
CITY
STATE
ZIP CODE
Gehrig H. White
Affiliate
1150 Crews Road, Suite F
Matthews
NC
28105
INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.
3 (a)
(b)
SEC USE ONLY
(c)
(d)
(e)
(f)
(g)
Title of the
Number of Shares
Aggregate
Number of Shares
Approximate
Name of Each
Class of
Name and Address of Each Broker Through Whom the
Broker-Dealer
or Other Units
Market
or Other Units
Date of Sale
Securities
Securities To Be Sold
Securities are to be Offered or Each Market Maker
File Number
To Be Sold
Value
Outstanding
(See instr. 3(f))
Exchange
who is Acquiring the Securities
(See instr. 3(c))
(See instr. 3(d))
(See instr. 3(e))
(MO. DAY YR.)
(See instr. 3(g))
Common
Deutsche Bank
345 Park Avenue, 14th Floor
New York, NY 10154
10,000
6,657
7,872,000
8/21/2012
NASDAQ
INSTRUCTIONS:
1.
(a)
Name of issuer
3.
(a)
Title of the class of securities to be sold
(b)
Issuer’s I.R.S. Identification Number
(b)
Name and address of each broker through whom the securities are intended to be sold
(c)
Issuer’s S.E.C. file number, if any
(c)
Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
(d)
Issuer’s address, including zip code
(d)
Aggregate market value of the securities to be sold as of a specified date within 10 days prior to filing of this notice
(e)
Issuer’s telephone number, including area code
(e)
Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer
(f)
Approximate date on which the securities are to be sold
2.
(a)
Name of person for whose account the securities are to be sold
(g)
Name of each securities exchange, if any, on which the securities are intended to be sold
(b)
Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
(c)
Such person’s address, including zip code
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
SEC 1147 (08-07)
TABLE I — SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:
Title of
the Class
Date you
Acquired
Nature of Acquisition Transaction
Name of Person from Whom Acquired
(If gift, also give date donor acquired)
Amount of
Securities Acquired
Date of
Payment
Nature of Payment
Common
07/2004
Founder's Stock
Issuer
10,000
07/2004
Cash
INSTRUCTIONS:
If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
TABLE II — SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
Name and Address of Seller
Title of Securities Sold
Date of Sale
Amount of
Securities Sold
Gross Proceeds
Gehrig H. White
1150 Crews Road, Suite F
Matthews, NC 28105
Common
7/17/2012 10,000 7,057
Gehrig H. White
1150 Crews Road, Suite F
Matthews, NC 28105
Common
6/19/12 10,000 8,320
Gehrig H. White
1150 Crews Road, Suite F
Matthews, NC 28105
Common
5/15/2012 10,000 10,000
EXPLANATION OF RESPONSES:
REMARKS:
10b5-1 Plan
INSTRUCTIONS:
ATTENTION:
See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
August 21, 2012
/s/ Gehrig H. White
DATE OF NOTICE
(SIGNATURE)
DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ON RULE 10B5-1
The notice shall be signed by the person for whose account the securities are to be sold. At least one
copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)
SEC 1147 (02-08)
runforfun
12 years ago
Mark Roberson, Chief Executive Officer, Chief Financial Officer & Treasurer
Mark joined PokerTek in October 2007 as our Chief Financial Officer and Treasurer and was appointed as our Acting Chief Executive Officer in May 2009, and as our Chief Executive Officer in February 2010. Mark has over 20 years of experience in operations and finance, including leadership roles with several large public and private companies. He started his career in public accounting and was part of the team that opened the current PricewaterhouseCoopers office in Greensboro, North Carolina. Mark also served in various financial leadership roles with LifeStyle Furnishings International, a manufacturer and distributor of home furnishings with annual revenues of $2 billion. He was a member of the management team that led the spin-off of LifeStyle from Masco Corporation and the successful sale of the company six years later. Mark also obtained extensive corporate finance and operations experience with Baker & Taylor, Krispy Kreme Manufacturing & Distribution, and Curtiss-Wright Controls.
Mark is a Certified Public Accountant in the state of North Carolina. He received his MBA from Wake Forest University and also earned a BS in Economics from Southern Methodist University and a BS in Accounting from UNC-Greensboro.
runforfun
12 years ago
POKERTEK TO REPORT SECOND QUARTER 2012 FINANCIAL RESULTS ON AUGUST 8
Matthews, NC – August 1, 2012: PokerTek, Inc. (NASDAQ: PTEK) expects to release its second quarter
2012 financial results on Wednesday, August 8, 2012. A webcast conference call will be held on that
same day at 11:00 am EST for management to discuss the company’s performance. Shortly before the
conference call, the Company will issue an earnings release providing a summary of its operating
results.
Interested parties may listen to and participate in the conference call by dialing 800.264.7882
(U.S./Canada) or +1 847.413.3708 (Other) and entering passcode 33012614. A live webcast of the
conference call will be available through a link on our website, www.pokertek.com, under the heading
“Investors”. For those unable to participate in the live call, an archived replay will be made available on
our website. A replay of the conference call will also be available approximately two hours after the
conclusion of the call for approximately one week by dialing 888.843.7419 (U.S./Canada) or +1
630.652.3042 (Other) and entering passcode 33012614.
About PokerTek, Inc.
PokerTek, Inc. (NASDAQ:PTEK) is a licensed gaming company headquartered in Matthews, NC that
develops and distributes electronic table game solutions for the gaming industry. The company’s
products are installed worldwide, and include PokerPro and ProCore. For more information, visit:
www.PokerTek.com.
VIPR
12 years ago
Bob,
I must admit, that is ONE UGLY Chart!!! After this recent earnings release, I fear another sell-off, and subsequent Reverse Split may occur like last time the PPS got pummeled. Revenues DOWN YOY, Earnings DOWN YOY, looks to be a bee line to 15-20 cents by year end IMO. The RS will kill the shareholder though when it hits. Not lookin good jmho
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78343566
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Siforus
9 years ago
NathanH
10 years ago
Celticwhite
12 years ago
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