15 Nov 2016quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $150 thousand and a net loss of $1.1 million for the period ended 2016-12-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Nov 2016quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $150 thousand and a net loss of $1.1 million for the period ended 2016-12-31.
15 Aug 2016quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $54 thousand and a net loss of $1.1 million for the period ended 2016-09-30.
15 Aug 2016quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $54 thousand and a net loss of $1.1 million for the period ended 2016-09-30.
16 May 2016quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $64 thousand and a net loss of $1.2 million for the period ended 2016-06-30.
19 Apr 2016agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
4 Jan 2016director interest notice● Neutral
Abtech Holdings, Inc. director Hill A. Judson bought 50,000 shares on the open market at $0.03.
4 Jan 2016director interest notice● Neutral
Abtech Holdings, Inc. Vice President and C.O.O. Thatcher Jonathan bought 50,000 shares on the open market at $0.03.
16 Nov 2015quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $141 thousand and a net loss of $1.8 million for the period ended 2015-12-31.
10 Nov 2015capital raising announcement▼ BadMajor
On November 4, 2015 the company agreed a financing deal with Golden Properties, Hugo Neu and other holders: $10,796,344 of debt converts into 359,878,140 shares at $0.03, and 71,428,571 shares are sold at $0.035 for $2.5 million cash, about $13.3 million in total. Stage One (scheduled November 10, 2015) converts $3,945,082 of debt into 131,502,735 shares; Stage Two follows stockholder approval to raise authorized shares from 300,000,000 to 800,000,000. Separately, $1,900,000 was pre-funded for warrants on 1,900,000 shares. This clears much of the debt (a reduction in the debt thread) but sharply dilutes existing shareholders, since the new shares dwarf the 67.5 million outstanding in mid-2013 (a comparison to the earlier figure, not a current count).
14 Aug 2015quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $101 thousand and a net loss of $1.8 million for the period ended 2015-09-30.
7 Aug 2015agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 June 2015agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
15 May 2015quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $67 thousand and a net loss of $1.8 million for the period ended 2015-06-30.
15 May 2015material agreement termination▼ BadMajor
On May 12, 2015 Nassau County suspended all work on the $12 million stormwater contract until it notifies AbTech in writing that the suspension is lifted; the company says it would be materially adversely affected if the suspension stays. The filing links this to reports of a grand jury investigation and a May 4, 2015 federal complaint alleging unlawful practices in the contract's award involving a New York Senator and his son, who had been engaged by AbTech as an independent contractor. AbTech says it is not a target and will cooperate. Separately, the Corvias Solutions teaming agreement was terminated effective May 12, 2015, having produced no significant revenues. This turns the October 2013 contract from a positive into a serious risk.
24 Apr 2015director interest notice● Neutral
Abtech Holdings, Inc. Vice President and C.O.O. Thatcher Jonathan bought 10,000 shares on the open market at $0.19.
20 Apr 2015debt financing● Neutral
In March and April 2015 the company sold two secured promissory notes to Golden Properties Ltd. totalling $1,200,000: $950,000 (7.5%, due March 23, 2016, warrant for 475,000 shares at $0.315) and $250,000 (7.5%, due July 13, 2015, warrant for 55,000 shares at $0.298). The March note's proceeds were used in April 2015 to repay $875,000 of matured debt plus about $71,000 interest. The April note ranks behind the 2013 convertible notes and the 2014 Senior and Other Secured Notes ($2,000,000 and $3,000,000 offerings), adding to the company's secured debt stack.
17 Apr 2015agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
15 Apr 2015director interest notice● Neutral
Abtech Holdings, Inc. officer Castleton Lane J. received a stock option grant for 200,000 shares.
15 Apr 2015director interest notice● Neutral
Abtech Holdings, Inc. President and CEO Rink Glenn R received a stock option grant for 485,000 shares.
15 Apr 2015director interest notice● Neutral
Abtech Holdings, Inc. Vice President and C.O.O. Thatcher Jonathan received a stock option grant for 200,000 shares.
6 Mar 2015director interest notice● Neutral
Abtech Holdings, Inc. director Farr Olivia H. received a stock option grant for 40,000 shares.
5 Mar 2015director interest notice● Neutral
Abtech Holdings, Inc. director William C Mccartney received a stock option grant for 40,000 shares.
5 Mar 2015director interest notice● Neutral
Abtech Holdings, Inc. director William S Brennan received a stock option grant for 40,000 shares.
5 Mar 2015director interest notice● Neutral
Abtech Holdings, Inc. director Greenwald David received a stock option grant for 40,000 shares.
5 Mar 2015director interest notice● Neutral
Abtech Holdings, Inc. director Hill A. Judson received a stock option grant for 40,000 shares.
5 Mar 2015director interest notice● Neutral
Abtech Holdings, Inc. director Seitz Karl received a stock option grant for 40,000 shares.
23 Dec 2014director interest notice● Neutral
Abtech Holdings, Inc. Vice President and C.O.O Thatcher Jonathan bought 10,000 shares on the open market.
14 Nov 2014quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $235 thousand and a net loss of $1.6 million for the period ended 2014-12-31.
14 Aug 2014quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $114 thousand and a net loss of $1.6 million for the period ended 2014-09-30.