Navigation Links
Southridge Funds Facilitate Special Capital Distribution for Technest Shareholders
Date:1/19/2010

NEW YORK, Jan. 19 /PRNewswire/ -- Technest Holdings, Inc. (OTC Bulletin Board: TCNH) announced that FINRA has determined that the ex-dividend date will be January 19, 2010 for the special "return of capital" cash distribution declared by its Board of Directors on December 23, 2009. The ex-dividend date is the date on or after which the security begins to trade without the right to receive the dividend payment. The cash dividend of $0.407 per share of Common Stock is payable on January 15, 2010 to shareholders of record as of January 4, 2010. This distribution relates to the sale of EOIR Technologies, Inc. as previously announced.

"Southridge-managed funds, as controlling shareholders and whose principals served on the Technest Board of Directors, have been instrumental in successfully resolving the arbitration matter on behalf of all Technest shareholders which has led to this distribution. We are pleased that our efforts will assist the company in moving forward," said Stephen Hicks, Chairman Southridge LLC.  

Prior to year end Technest Holdings, Inc. entered into a settlement agreement with EOIR Holdings, LLC and EOIR Technologies, Inc. ("EOIR"), settling all claims related to the Stock Purchase Agreement ("SPA") which the parties entered into in 2007 to effectuate the sale of EOIR, a subsidiary of Technest at the time.

About Southridge LLC

Southridge LLC is a diversified financial holding company offering a wide range of
'/>"/>

SOURCE Southridge LLC
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Inaugural 13.1 Marathon Boston to Benefit Crohn's & Colitis Foundation: Summer 2010 Race to Raise Awareness & Funds for Digestive Diseases
2. MJFF Funds Two Investigations of Placebo Effect in Parkinsons Disease
3. Poland Spring Contributes Funds for Kingfield Helipad Construction Project to Help Save Lives
4. Exposing the Double Standard of the Forgotten Cancer: Biggest Cancer Killer for Women and Men, Lung Cancer, Receives Least Research Funds
5. Julian Lennon and James Scott Cook Release New Charity Single LUCY to Raise Awareness and Funds for Lupus Research
6. Comcast and Stand Up To Cancer Launch First-Ever Video-on-Demand Effort to Broaden Awareness and Raise Funds for Cancer Research
7. Esperanza Health Center Receives $6.5 Million in Stimulus Funds
8. Injury Funds Now To the Rescue with New Lawsuit Funding Service
9. Stand Up To Cancer Funds High-risk/High-reward Cancer Research by 13 Young Scientists
10. Drummond Group Awarded DOE Funds for Texas Wind Integration Project
11. Salon Leau to Host Cuts for a Cause to Raise Funds and Spread the Word About Childhood Terminal Illnesses
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2014)... August 23, 2014 A team of New ... last longer when preceded by surgery and delivered by an ... the new study. Click here to read it now ... the cases of mesothelioma patients who underwent hemithoracic ... radiotherapy dose to the shape of a tumor. Patients ...
(Date:8/23/2014)... 2014 The MPWMD Board of Directors voted ... as a sole source of water for commercial and industrial ... architect, Ron Brown of Archworks, LLC in Carmel, California. ... first time a water district in the State of California ... source. AWGs at this time can now be used ...
(Date:8/23/2014)... 23, 2014 Youth substance abuse is ... no different in Houston, TX. Substance abuse can happen ... to drug and alcohol dependency in higher numbers than ... beat substance abuse, but don’t know where to find ... can be a challenge because most treatment options are ...
(Date:8/22/2014)... The IT manager of Top10BestSEOHosting.com is a web ... He has recently announced that GoDaddy ( http://www.top10bestseohosting.com/go/GoDaddy.com/ ) ... , GoDaddy is a popular supplier of cheap web ... solutions at affordable rates. It offers three Linux shared ... depend on the length of the contract. The longest ...
(Date:8/22/2014)... (PRWEB) August 22, 2014 AWeber, ... services that currently helps more than 120,000 small ... caught the attention of Shane Michaels, prompting an investigative ... crucial element for any online marketing campaign, despite what ... in the marketing world,” reports Michaels. “AWeber is a ...
Breaking Medicine News(10 mins):Health News:New Study Links Hospital Experience and Prior Surgery with Mesothelioma Radiation Success, According to Surviving Mesothelioma 2Health News:Historical Moment in the Monterey Peninsula, Brings Drought Relief Solution to California, with the Help of EcoloBlue and AWG Technology 2Health News:New Houston Hotline Assisting Juveniles in Locating Dependable Rehabilitation Help 2Health News:AWeber: Review Exposes Affordable Provider of Opt-In Email Marketing Services 2
... cord blood are to be used for regeneration of broken ... €2.5 million to be headed by York University and // ... researchers from department of biology, sociology and Philosophy from York ... blood stem cells in the treatment of bone defects and ...
... as eliminated Leprosy but still we have to eradicate the ... the awareness regarding the // transmission of the bacteria and ... ,Indian Health Minister Dr. Anbumani Ramadoss during the ... eradicate the disease which as about a 1 Lakh of ...
... in New South Wales are angry at a proposal to cut ... spokesman for the medical staff council at Wagga // Base Hospital, ... surgery every fourth Friday. ,"So it'd create a long ... small amount of money but at great cost to patient care," ...
... by researchers from University of Texas has revealed that ... can work wonders in easing depression. // Other ... alcohol, caffeine or smoking are associated with adverse health ... a group of 40 individuals, diagnosed with depression. None ...
... ever study conducted on the prevalence of diabetes in the ... diabetes has been uncovered. // So far, such studies ... which cannot be applied to South Asians. ,The ... and Diabetes Research Centre, an association of the World Health ...
... magnetic resonance imaging (fMRI) can help identify if an ... traditional polygraph tests. // The test further highlights certain ... tells a lie. Researchers from Temple University Hospital in ... in the latest issue of Radiology. ,The ...
Cached Medicine News:Health News:Prevention And Control Of Diabetes Crucial To Indian Population 2Health News:Brain Is More Active While Hiding The Truth, Reveals fMRI Imaging 2
(Date:8/22/2014)...  Diplomat, the nation,s largest independent specialty pharmacy, ... in the 2014 Innovations in Specialty Pharmacy Competition, ... of the competition were announced in the August ... Diplomat was honored as a Top Innovator ... Through Diplomat University, the company has implemented a ...
(Date:8/22/2014)... Ohio , Aug. 22, 2014 MC Medical, ... Inc. (MID), a Columbus, OH medical ... distribute the FloShield laparoscopic and robotic visualization system in ... be approved for sale in Japan ... a long-time experience and an extensive product portfolio in endoscopic ...
(Date:8/22/2014)... , Aug. 22, 2014  Mark Riccio, director ... imaging facility, is using the online crowd-funding platform ... 5D imaging to researchers and would-be superheros everywhere: ... "What would YOU do if you had Superman,s ... researchers and explorers everywhere, from elementary through high ...
Breaking Medicine Technology:Diplomat honored as a Top Innovator by Specialty Pharmacy News 2MC Medical agrees to be the exclusive distributor of FloShield products in Japan 2Cornell's X-ray Imaging Lab Director Uses Kickstarter Campaign to "Democratize" Advanced 3D Imaging 2
... 16, 2011 Vista Partners announced today that ... CDY) (the "Company") and raised its twelve month target price ... stated, "Cellmid is on track to enter clinical trials for ... the billions. The Company recently completed humanisation of its "first ...
... The federal government,s tracking system for power wheelchairs ... for a new procurement policy implemented last January. Thus, ... of power wheelchairs provided than were actually delivered to ... report declines of 30 percent or more in their ...
Cached Medicine Technology:Vista Partners Updates Coverage on Cellmid Limited; Raises Target Price to AUD $0.12 2American Association for Homecare: CMS Inexcusably Releases Flawed Utilization Data 2American Association for Homecare: CMS Inexcusably Releases Flawed Utilization Data 3American Association for Homecare: CMS Inexcusably Releases Flawed Utilization Data 4
For the quantitative determination of alanine aminotransferase in human serum....
... for the quantitative determination of ... or plasma. Single vial, dry ... must be purchased separately for ... reaction. Wavelength: 340 nm. Linearity: ...
Urea nitrogen (BUN) liquid reagent is used for the kinetic quantitative determination of Urea Nitrogen (BUN) in human serum used in routine examination and monitoring of therapy and relapses....
Intended for the quantitative determination of urea nitrogen in serum. Reaction: kinetic. Wavelength: 340 nm. Linearity: 150 mg/dL (53.4 mmol/L urea) at 37C....
Medicine Products: