Net Fishers goings on

Source: Stuff.co.nz (Original Article)

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Growth-stock investment fund manager Fisher Funds is reminding warrant holders in Kingfish that they have just a few days to exercise their warrants.

The alternative is to let the warrants lapse on March 31, or sell them at the current value of below one cent each .
The warrants can be exercised for $1 each to convert them into shares with Kingfish, a listed fund for stocks in small to medium growth-oriented New Zealand companies.
Kingfish manager Fisher Funds will exercise 635,000 of its own warrants. Managing director Carmel Fisher said as of March 13, the diluted net asset value (NAV) of the Kingfish portfolio if they were sold was $1.25, even though the shares were trading at $1.04.

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Source: The Nelson Mail (Original Article)

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Growth-stock investment fund manager Fisher Funds is reminding warrant holders in Kingfish that they have just a few days to exercise their warrants.

The alternative is to let the warrants lapse on March 31, or sell them at the current value of below one cent each .
The warrants can be exercised for $1 each to convert them into shares with Kingfish, a listed fund for stocks in small to medium growth-oriented New Zealand companies.
Kingfish manager Fisher Funds will exercise 635,000 of its own warrants. Managing director Carmel Fisher said as of March 13, the diluted net asset value (NAV) of the Kingfish portfolio if they were sold was $1.25, even though the shares were trading at $1.04.

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Source: PR Newswire (press release) (Original Article)

WASHINGTON, March 17 /PRNewswire-USNewswire/ — Dr. Lucien A. Moolenaar
II, DDS, former acting commissioner of the Virgin Islands Department of
Health, was sentenced to 15 months in prison after having been found guilty
on charges of stealing government funds, grand larceny and making false
statements, Assistant Attorney General Alice S. Fisher of the Criminal
Division and U.S. Attorney Anthony J. Jenkins of the District of the Virgin
Islands announced today.

The sentence, which also included two years probation, three years of
supervised release following Moolenaar’s release from prison and a $30,883
fine, was imposed by the Honorable Juan R. Sanchez, District Judge of the
United States District Court for the Eastern District of Pennsylvania. Dr.
Moolenaar already has paid $102,497 in restitution.

Previously, on Aug. 26, 2004, a jury in St. Thomas found Dr. Moolenaar
guilty of conversion of government funds in violation of federal law, grand
larceny and making a false statement in violation of territorial law. The
three charges stemmed from Dr. Moolenaar’s conversion of 63 individual
monthly government payments of $1,626, totaling $102,497, and then lying to
government officials investigating the matter.

The superseding indictment alleged that, in January 1995, Dr. Moolenaar
found two old government payroll checks totaling $1,626 that had not been
negotiated. After submitting the stale-dated checks to the Department of
Finance for re-issuance, the government added $1,626 to Dr. Moolenaar’s
June 22, 1995, net payroll as a negative deduction. Thereafter, from July
1995 through September 2000, due to human or computer error, the government
added $1,626 to the second payroll check Dr. Moolenaar received every
month. In the end, Dr. Moolenaar received and spent for his own benefit
$102,497. When interviewed by officials from the Virgin Islands Office of
Inspector General and Office of the Attorney General Airline Miles Credit Cards investigating the
overpayments, Dr. Moolenaar falsely …continue reading

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