INJEX Pharma AG ehem. PAKETERIA AG - Andy RÖSCH is back on stage ( Seite 200)

Antwort auf Beitrag Nr.: 39.373.940 von Dr_House am 21.04.10 11:58:57Die MMB Medical Marketing Berlin GmbH i.G. teilt mit, dass sie 405.760 Aktien der Paketeria AG vom Großaktionär Acorn Energy gekauft hat.

Im aktuellen Filing von Acorn Energy Inc findet man diese Zahlen nicht,woran liegt das?

Aus dem Filing:

(d)

Paketeria

(i) Investment in Paketeria

At December 31, 2007, following a series of investments in Paketeria GmbH ("Paketeria"), a limited liability company incorporated under the laws of Germany, the Company's investment in Paketeria, net of equity losses, stood at $1,439. At December 31, 2007, the Company owned approximately 31.4% of Paketeria.

In July 2008, Paketeria received a €100 investment in a private equity investment. The Company’s holdings in Paketeria were diluted to 31.3% and the Company recorded a gain of $82.


The Company accounted for its investment in Paketeria using the equity method in accordance with applicable accounting principles. During the year ended December 31, 2008 the Company recorded a loss of $1,560 as its share of losses in Paketeria. Included in the abovementioned loss is $25 of stock compensation expense with respect to options to purchase the Company's common stock previously granted to the founder of Paketeria. As a result of the losses recorded in the year ended December 31, 2008, the Company’s net investment in Paketeria was written down to zero.

In the third quarter of 2009, liquidation proceedings began with respect to Paketeria. As a result of the liquidation proceedings, the Company eliminated the previously recorded cumulative translation adjustment of $263 associated with the investment in Paketeria and recognized that amount as share of income in Paketeria. In the fourth quarter of 2009, the Company sold its investment in Paketeria for a nominal amount.


(ii) Loans to Paketeria

During the period from January 1, 2008 to June 30, 2008, the Company lent Paketeria €1,030 ($1,584 based upon the then exchange rates) on a series of promissory notes. The promissory notes bore interest at the rate of 8.0% and were due on the earlier of December 31, 2008 or upon the completion of any transaction in which Paketeria raised funds through any equity and/or debt financing. In addition, the Company received warrants to purchase 6,866 shares of Paketeria. The amount lent to Paketeria was allocated to the loan and the warrants received based on the relative fair values at time of issuance. The Company allocated $1,522 to the loan portion and $62 to the value of the warrants.

On August 26, 2008, the Company entered into a loan agreement with Paketeria to provide Paketeria with additional interim financing of €600 ($890 based upon the then exchange rates). Under the loan agreement, the loans advanced to Paketeria during the period from January 1, 2008 to June 30, 2008 plus accrued interest were combined with the additional interim financing to a single combined loan of €1,662 ($2,423 at the then exchange rates). The combined loan bore interest at 12% per year and was due on March 31, 2009.
(iii) Paketeria Impairment

Following the marked deterioration of Paketeria’s cash flows and its decision to change its business model, the Company ceased amortizing intangibles associated with its investment in Paketeria and recorded an impairment of all unamortized intangible asset balances. In addition, at the end of third quarter of 2008, the Company recorded an impairment of $2,454 with respect to the Company’s loan and accrued interest balances with Paketeria as Paketeria’s ability to repay the loan was in doubt.

http://investing.businessweek.com/research/stocks/financials… F20


Das passt nicht,dort steht "repay the loan was in doubt"!Acorn Energy Inc verzichtet also nicht auf die Rückzahlung des Darlehns,sondern erwartet in Raten die Rückzahlung.

Meinungen?