March 1, 2009 marked the end of Greenbackd’s first quarter, so we thought we’d take the opportunity to update you on the performance of the Greenbackd Portfolio and the positions in the portfolio, discuss some changes in our valuation methodology since our first post and outline the future direction of Greenbackd.com. First quarter performance of [...]
Archive for the ‘MathStar Inc (OTC:MATH)’ Category
Zanett Group ups stake in MATH
Posted in Activist Investors, MathStar Inc (OTC:MATH), Net Cash Stocks, S. Muoio & Co, Salvatore Muoio, Stocks, Zachary McAdoo, tagged Activist investment, Liquidating Value, MathStar Inc (OTC:MATH), Net Cash Stock, S. Muoio & Co, Salvatore Muoio, The Zanett Group on February 26, 2009 | 2 Comments »
The Zanett Group has increased its stake in MATH to 6.58% according to its most recent Schedule 13D amendment. We’ve been following MATH since December last year when it was trading at $0.68. We initiated the position because MATH is a net cash stock with two substantial stockholders lobbying management to liquidate. The stock is [...]
MathStar Inc (OTC:MATH) investor urges voluntarily liquidation
Posted in Activist Investors, MathStar Inc (OTC:MATH), Net Cash Stocks, Net Net Stocks, S. Muoio & Co, Salvatore Muoio, Stocks, tagged Activist investment, Liquidating Value, S. Muoio & Co, Salvatore Muoio on February 17, 2009 | Leave a Comment »
S. Muoio & Co. has called on MathStar Inc (OTC:MATH) to include in the proxy statement for the 2009 Annual Meeting a vote by shareholders to approve a voluntary liquidation of MATH. We’ve been following MATH since December last year when it was trading at $0.68 because it was a net cash stock with a [...]
MathStar Inc (OTC:MATH) prepares technology for sale
Posted in MathStar Inc (OTC:MATH), Net Cash Stocks, Stocks, Zachary McAdoo, tagged Activist investment, Liquidating Value, MathStar Inc (OTC:MATH), Net Cash Stock, S. Muoio & Co, Salvatore Muoio, Zachary McAdoo on February 5, 2009 | 11 Comments »
MathStar Inc (OTC:MATH) has taken the first steps to liquidation, announcing that it is preparing to sell its Field Programmable Object Array (FPOA) technology and intellectual property. We started following MATH in December last year when it was trading at $0.68 because it was a net cash stock with a substantial stockholder lobbying management to [...]
List of activist investments for December
Posted in Activist Investors, Avigen (NASDAQ:AVGN), Biotechnology Value Fund, InFocus Corporation (NASDAQ:INFS), Kona Grill Inc (NASDAQ:KONA), MathStar Inc (OTC:MATH), Mill Road Capital, Nery Capital Partners, Salvatore Muoio, Stocks, tagged Activist investment, Avigen Inc (NASDAQ:AVGN), Biotechnology Value Fund, InFocus Corporation (NASDAQ:INFS), Kona Grill Inc (NASDAQ:KONA), MathStar Inc (OTC:MATH), Mill Road Capital, S. Muoio & Co, Salvatore Muoio on January 7, 2009 | Leave a Comment »
The Official Activist Investing Blog has published its list of activist investments for December (the investments with links are to our latest update at the time of this post): Ticker Company Name Activist Investor ACLS Axcelis Technologies Inc Sterling Capital AEPI AEP Industries KSA Capital ARS Arris Group Shamrock Activist Value fund ATML Atmel Corp. [...]
New activist investor files 13D for MATH
Posted in Activist Investors, MathStar Inc (OTC:MATH), Net Cash Stocks, S. Muoio & Co, Salvatore Muoio, Stocks, tagged Activist investment, MathStar Inc (OTC:MATH), Net Cash Stock, S. Muoio & Co, Salvatore Muoio, The Zanett Group, Zachary McAdoo on January 5, 2009 | 11 Comments »
A new investor has filed a 13D notice in relation to MathStar Inc (OTC:MATH). When we started following MATH, it had a market capitalization of just $6.2M based on its December 16, 2008 close of $0.68. We estimated its liquidating value to be more than 120% higher at $14.4M or $1.57 per share. The value [...]
MathStar Inc (OTC:MATH)
Posted in Activist Investors, MathStar Inc (OTC:MATH), Net Cash Stocks, S. Muoio & Co, Salvatore Muoio, Stocks, tagged MathStar Inc (OTC:MATH), Net Cash Stock, S. Muoio & Co, Salvatore Muoio on December 17, 2008 | 2 Comments »
MathStar Inc (OTC:MATH) is another tiny net cash stock with a substantial stockholder lobbying management to liquidate the company. The stock closed yesterday at $0.68, giving it a market capitalization of just $6.2M. We estimate the liquidating value to be more than 120% higher at $14.4M or $1.57 per share. The value in liquidation is [...]

