MPG Office Trust, Inc. (NYSE:MPG) a Southern California-focused real estate investment trust, stated it is continuing to implement its strategic plan to own and manage a core set of assets, reduce and modify the Company’s obligations, and enhance long-term value for stockholders.
As previously announced, the restructuring initiatives completed to date include the elimination of several repayment and debt service guarantees and the disposition of certain non-core assets which relieved the Company of approximately $2 billion of debt obligations and guaranty exposure of approximately $150 million.
Maguire Properties, Inc., a real estate investment trust (REIT), engages in the ownership, management, acquisition, and development of office and real estate properties primarily in California.
Orofino Gold was founded as a private company in 2009 by former executives and management with over 50 years of combined mining exploration, finance and development experience.
Orofino's corporate objective is to continue to build shareholder value through the exploration and development of existing projects and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Gold development Company with existing production and options on several other producers.
Media General, Inc. (NYSE:MEG) updated investors announced on the company's business strategy at the 38th Annual UBS Global Media & Communications Conference in New York. Company speakers were Marshall N. Morton, president and chief executive officer; Reid Ashe, executive vice president and chief operating officer and John A. Schauss, vice president-finance and chief financial officer.
Mr. Morton said, "Media General has a clear, consistent strategy for increasing long-term shareholder value and it all stems from the fact that we manage ourselves as an information company and draw our cues from the marketplace, just as any good consumer products company would do. The need to deal with the market on its own terms is so important that, a year-and-a-half ago, we moved completely away from the platform-focused structure of the past to the market structure.
Media General, Inc., a communications company, provides local news and information over various media platforms in small- and mid-size communities in southeastern United States.
American DG Energy, Inc. (AMEX:ADGE) a provider of clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and athletic facilities, announced that it has entered into definitive agreements to sell an aggregate of 500,000 shares of its common stock and warrants to purchase an aggregate of 500,000 shares of the Company's common stock in a registered direct offering expected to result in net proceeds of approximately $1 million after deducting placement agency fees and estimated offering expenses.
The warrants will be exercisable at an exercise price of $3.25 per share beginning six months after the date of issuance and will expire five years after they first become exercisable. Each unit, consisting of one share of common stock and a warrant to purchase one share of common stock, will be sold for a purchase price of $2.50.
American DG Energy Inc. distributes, owns, and operates on-site energy systems that produce electricity, hot water, heat, and cooling. It offers natural gas powered cogeneration systems, which produce electricity from an internal combustion engine.
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Crown Equity Holdings Inc. (OTCPK:CRWE) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising.