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The Hidden Side Of Bonuses

Tue, 17 Mar 2009 16:36:00 GMT

The Hidden Side of Bonuses by Alexander Wissel, Editor in Chief, Investment U Dear Investment U Reader, The outrage from AIG’s bonus disclosures is palpable. Your can practically taste the anger. In many ways this rage is reasonable and justified. When President Barack Obama gave his speech yesterday, you could almost hear the millions of Americans screaming with him in just outrage. Investment U strongly believes that pay should follow performance. We notice when a “turnaround specialist” takes millions while firing hundreds (or[More...]

The SEC in Action... err, Partial Action

Wed, 17 Dec 2008 13:56:00 GMT

The media are now piling on the SEC and the Madoff failure, something that we highlighted last week. Reporting to the SEC We suppose that other investment advisors have made reports to the SEC. We have done so on two occasions. In both cases there was a slam-dunk violation of the '33 Act, a stock offering that was obviously fraudulent, not meeting the terms of the Act. The SEC does not respond to reports -- not at all. There is not even an acknowledgment. In one of our reports, the illegal fund was quickly closed down. The reported losses were in the tens of thousands, but who knows how much it really was. We have no idea whether our report was instrumental, but the timing suggested that it was. The[More...]

XM Comedy Unmasked

Tue, 29 Apr 2008 17:09:00 GMT

Stand-up comedy greats Lewis Black, Margaret Cho, Janeane Garofalo and famed comedy troupe The Kids in the Hall will be among those featured on XM Radio’s original comedy series “Unmasked” when the series kicks off a new season on May 3, it was announced[More...]

EDITORIAL: Obama Needed to Make Pitch

Sat, 03 Oct 2009 09:46:00 GMT

Oct. 3--JUDGING from criticism of President Obama going to Copenhagen to lobby for Chicago getting the Olympic Games, you'd have thought the president was spending two weeks on a beach somewhere while pressing issues were left wanting.
Republicans, and even a few Democrats, took issue with Obama's change of heart.
Perhaps finding it a tough sell to whip up much enthusiasm for President Obama in this area, the Oklahoma County Democratic Party turned instead to interjecting itself into the fuss over a pay raise for county officials.

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BRIEF: 'Boy Meets World' Star Meets Style Network: Danielle Fishel to Host Weekly Show 'The Dish'

Fri, 01 Aug 2008 01:47:00 GMT

Jul. 31--The Style Network is looking to cook up its own version of "The Soup," and it's tapped actress Danielle Fishel as its head chef.
"This show is a first of its kind for the Style Network, and we're thrilled to have Danielle as host," says Salaam Coleman Smith, executive VP at the network.
"What's great about 'The Dish' is that it takes a not-so-serious look at the often very serious world of fashion and finds the comedy in celebrity lifestyles.

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China Direct Industries, Inc. Announces Management Restructuring As the Company Focuses on Its China Operations

Mon, 26 Jan 2009 14:13:00 GMT

DEERFIELD BEACH, Fla., Jan. 26 /PRNewswire-FirstCall/ -- China Direct, Inc., d/b/a China Direct Industries, Inc. , a U.S. company that manages a portfolio of Chinese entities, announced today it has undertaken a management restructuring including several important changes to its senior management and board of directors as it focuses on operating its magnesium and basic industry segments in China.
China Direct Industries believes these changes strengthen its ability to effectively grow its businesses in China in a challenging worldwide economic environment as it seeks to become the global leader in the production and distribution of pure magnesium.
Management of China Direct Industries is pleased to announce the addition of Andrew Weeraratne as its Chief Financial Officer.

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Dyer & Berens LLP Encourages Investors Who Purchased National Lampoon, Inc. Common Stock Between 3/1/08 and 6/30/08 to Consider Their Legal Options in Connection With the Pending United States Securities and Exchange Commission Lawsuit

Wed, 21 Jan 2009 22:26:00 GMT

Dyer & Berens LLP today encouraged purchasers of National Lampoon, Inc. common stock between March 1, 2008 and June 30, 2008 to consider their legal options in connection with allegations made by the United States Securities and Exchange Commission in its lawsuit filed against the Company and others.[More...]

Park City Braces for Dirty Movie

Thu, 15 Jan 2009 20:05:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN), the most widely recognized brand in comedy, today announced that its upcoming feature, National Lampoon’s Dirty Movie, will premiere in a double super-secret special screening at the Treasure Mountain Inn in Park City, Utah. The film, which stars Christopher Meloni (Law & Order: Special Victims Unit, Oz), Robert Klein (How to Lose a Guy in 10 Days) and Mario Cantone (Sex and the City), will enjoy two showings at a venue that merely happens to be the Slamdance Film Festival headquarters: a VIP screening on Tuesday, January 20th and a second not-quite-as-VIP screening on Wednesday, January 21st. Dirty Movie will run both nights at 10:45 pm and will be shown in a small, crowded and potentially unsafe screening room.[More...]

National Lampoon, Inc. to Voluntarily Delist from NYSE Alternext US LLC

Tue, 13 Jan 2009 20:52:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN), the most widely recognized brand in comedy, today announced its decision to voluntarily delist its common stock, par value $0.0001 per share, from NYSE Alternext US LLC (the “Exchange”). This decision was based on the determination that it is unlikely that the Company will be able to comply with the Exchange’s listing requirements as they relate to the Company’s financial condition and operating results and the market value of the Company’s common stock. It is the Company’s intention to have its common stock quoted on the Over-the-Counter Bulletin Board once the delisting of its common stock from the Exchange has been completed, although it has not yet arranged to do so.[More...]

Going Concern Qualification Included in Audit Report for National Lampoon Inc. Financial Statements

Thu, 08 Jan 2009 22:18:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN), the most widely recognized brand in comedy, today announced that Section 610 of the NYSE Alternext US LLC (the “Exchange”) Company Guide requires a company whose securities are listed on the Exchange to make a public announcement through the news media disclosing the receipt of an audit opinion that contains a going concern qualification. This information was inadvertently excluded from the earnings release issued by the Company on November 11, 2008. The audit report included in the Company’s Annual Report on Form 10-K, which was filed with the Securities and Exchange Commission on November 10, 2008, included a going concern qualification.[More...]

National Lampoon, Inc. Announces Resignation of Paul Skjodt as a Director

Fri, 26 Dec 2008 14:30:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN) announced today that on December 19, 2008 Paul Skjodt resigned as a director and on December 22, 2008 David Tornek was appointed to fill the vacancy created by Mr. Skjodt’s resignation.[More...]

National Lampoon, Inc. Announces Change in Audit Committee

Thu, 18 Dec 2008 19:59:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN) announced today that James Toll has been appointed as a member of the Company’s audit committee to replace Timothy S. Durham. Mr. Durham resigned from the audit committee on December 17, 2008 as a result of his appointment as the Company’s Chief Executive Officer and President.[More...]

National Lampoon, Inc. Announces Appointment of New President and CEO and Formation of Special Committee

Thu, 18 Dec 2008 09:58:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN) announced today that on December 17, 2008 Daniel S. Laikin resigned as the Company’s Chief Executive Officer and President. The board of directors has appointed Timothy S. Durham to serve in these positions on an interim basis. Mr. Laikin continues to serve on the board of directors.[More...]

National Lampoon, Inc. Announces Charges Relating to SEC Investigation

Wed, 17 Dec 2008 00:25:00 GMT

National Lampoon, Inc. (NYSE Alternext US: NLN) announced today that on December 15, 2008 the United States Securities and Exchange Commission (the “Commission”) issued a release stating that it had charged seven individuals and two corporations with engaging in three separate fraudulent schemes to manipulate the market for publicly traded securities through the payment of prearranged kickbacks. The defendants include National Lampoon, Inc. and Daniel S. Laikin, the company’s chief executive officer, as well as stock promoters, a consultant, and an officer of another company. Also on December 15, 2008, the United States Attorney for the Eastern District of Pennsylvania separately announced criminal charges involving the same conduct.[More...]

Big Screen’s “Babysitter Wanted” Kicks Off Nationwide Advertising Campaign with National Lampoon

Mon, 15 Dec 2008 13:41:00 GMT

Big Screen Entertainment Group, Hollywood, CA (OTC:BSEG) – is pleased to announce that television commercials advertising its upcoming theatrical release of “Babysitter Wanted” have begun airing on (AMEX:NLN) National Lampoon’s inter-dorm college network.[More...]

Form 3 Tornek David For: Dec 22 (10K)

Wed, 21 Jan 2009 18:28:00 GMT

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Form 4 SKJODT PAUL For: Nov 12 (10K)

Tue, 18 Nov 2008 19:10:00 GMT

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Form 4 LAIKIN DANIEL S For: Nov 12 (10K)

Fri, 14 Nov 2008 15:20:00 GMT

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