Latest post Sat, Jan 17 2015 3:50 AM by Saylur. 5 replies.
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  • Thu, Jan 15 2015 8:57 PM

    • Marianna
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    Great news! Avid to ring the NASDAQ bell tomorrow 1.16.15

    Avid ringy-dingys the NASDAQ bell tomorrow 1/16/15 at 9:15 am...

    Since a bunch of you were naysayers and all over us and me for doing the right thing and checking our financials - it sure is nice to see that we are BAAACK in fine form and invited to ring the bell. You might want to tune in and see the pre-opening activities, opening remarks, and the actual bell ringing.

    https://new.livestream.com/nasdaq/live.

    Bell Ceremonies by Nasdaq Watch Nasdaq's Bell Ceremonies on Livestream.com.
    Sr. Director | Customer Experience and Community [view my complete system specs]
  • Thu, Jan 15 2015 9:21 PM In reply to

    Re: Great news! Avid to ring the NASDAQ bell tomorrow 1.16.15

    They gonna let you do it, or is it some clown from Finance?

    Media Composer 2024.2 w/Symphony/SS/PF options, HP Z-Book G6 17", i7-9850H 2.60GHz, 32gb RAM, NVIDIA Quadro RTX 3000, Blackmagic UltraStudio Mini... [view my complete system specs]

    "There is hardly anything in the world that some man cannot make a little worse and sell a little cheaper, and the people who only consider the price are this man's lawful prey."  - John Ruskin (1819-1900)

     

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  • Thu, Jan 15 2015 10:49 PM In reply to

    • TVJohn
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    Re: Great news! Avid to ring the NASDAQ bell tomorrow 1.16.15

    Clowns are scary...

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  • Fri, Jan 16 2015 8:30 PM In reply to

    • switthaus
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    Re: Great news! Avid to ring the NASDAQ bell tomorrow 1.16.15

    Naysayer?  I resemble that remark!  Wink

    As a stockholder, I think there is a bit of difference between "checking our financials" and being de-listed by force because the financials could not be held as accurate and therefore submitted (not to mention class-action lawsuits).  That kind of "checking" does not inspire alot of confidence.  All in the past now...

    That being said, it's a great day for Avid and great to be able to buy more stock directly!

     

    Scott Witthaus

    Owner/Editor/Post Production Supervisor 1708 Editorial

    http://vimeopro.com/1708editorial/1708-editorial

  • Fri, Jan 16 2015 9:25 PM In reply to

    • Marianna
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    Re: Great news! Avid to ring the NASDAQ bell tomorrow 1.16.15

  • Sat, Jan 17 2015 3:50 AM In reply to

    • Saylur
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    Re: Great news! Avid to ring the NASDAQ bell tomorrow 1.16.15

    The Company's cash balance on December 31, 2013 was approximately $48 million and it had no debt or draw on the available line of credit with Wells Fargo. The Company expects that cash expenditures in 2014 related to the ongoing accounting evaluation through completion of the evaluation will amount to approximately $25 million to $34 million.

    Happy Days are Here Again!  Avid is going to spend this amount of money on ACCOUNTING. Lets all Cheer while they are still evaluating with their new accounting firm. And the beat goes on. Surprise

    PS: I wonder if this amount of money should have been spent on coding rather then beancounters in Beantown??? Idea

    MC-6.0.5,MB Asus Z87 Expert 1150 ATX,Intel Core i7 4770 3.4 Ghz CPU,32GB Kingston DDR3 Mem.,Samsung 840 250GB SSD,Win 7 Pro SP 1, QT 7.7.3,PNY Quadro K2000... [view my complete system specs]

    Regards

    Mike

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