Moss Adams

Pacific Coast Oil Trust Announces There Will Be No April Cash Distribution

Retrieved on: 
Tuesday, April 30, 2024

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction With Rithm Capital Corp.

Retrieved on: 
Wednesday, April 10, 2024

The Company will present the preceding proposals at the Meeting in order to obtain the vote of the Company’s stockholders.

Key Points: 
  • The Company will present the preceding proposals at the Meeting in order to obtain the vote of the Company’s stockholders.
  • For more information about the Meeting and the Transaction, please see Great Ajax’s Current Report on Form 8-K, accessible on Great Ajax’s website.
  • This communication may be deemed to be solicitation material in respect of obtaining approval of the stockholders of Great Ajax of the proposed transactions (the “Stockholder Approval”).
  • Great Ajax and its executive officers, directors, other members of management and employees may be deemed, under SEC rules, to be participants in the solicitation of proxies from Great Ajax’s stockholders with respect to the proposed transaction.

Pacific Coast Oil Trust Announces There Will Be No March Cash Distribution

Retrieved on: 
Thursday, March 28, 2024

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Bank Director Releases 2024 Risk Survey Results

Retrieved on: 
Tuesday, March 26, 2024

BRENTWOOD, Tenn., March 26, 2024 /PRNewswire/ -- Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released its 2024 Risk Survey, sponsored by Moss Adams LLP. The survey reveals rising concerns among directors and executives around enhanced regulatory pressures, including the Community Reinvestment Act and scrutiny on fee income.

Key Points: 
  • BRENTWOOD, Tenn., March 26, 2024 /PRNewswire/ -- Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released its 2024 Risk Survey , sponsored by Moss Adams LLP.
  • According to the survey , more than three-quarters of respondents say their concerns about regulatory risk have grown over the past year, compared with 66% who said as much in the previous survey.
  • "Deposit costs climbed in 2023 as more customers pursued a better rate," says Emily McCormick, vice president of editorial and research at Bank Director.
  • A majority say their bank has undergone a regulatory exam since the March 2023 failure of Silicon Valley Bank.

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Retrieved on: 
Thursday, February 29, 2024

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Retrieved on: 
Friday, January 26, 2024

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Moss Adams Adds 20 New Partners

Retrieved on: 
Wednesday, January 3, 2024

SEATTLE, Jan. 3, 2024 /PRNewswire/ -- Moss Adams , one of the largest accounting, consulting and wealth management firms in the nation, announced the addition of 20 new partners, five managing directors and an executive director across its Tax, Assurance and Advisory practices and National Office.

Key Points: 
  • SEATTLE, Jan. 3, 2024 /PRNewswire/ -- Moss Adams , one of the largest accounting, consulting and wealth management firms in the nation, announced the addition of 20 new partners, five managing directors and an executive director across its Tax, Assurance and Advisory practices and National Office.
  • The new class of partners and directors comes after another year of growth as Moss Adams expanded and augmented its services.
  • "For over 100 years, we've supported organizations as businesses advisors and accountants," said Eric Miles, chairman and CEO of Moss Adams.
  • The skillset and breadth of experience within this group of new partners and directors represents the evolution of the profession.

Pacific Coast Oil Trust Announces There Will Be No December Cash Distribution

Retrieved on: 
Monday, December 18, 2023

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Pacific Coast Oil Trust Announces There Will Be No November Cash Distribution

Retrieved on: 
Tuesday, November 28, 2023

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Contango ORE, Inc. Announces Results of the 2023 Virtual Annual Meeting of Stockholders and Results for the Quarter Ended September 30, 2023

Retrieved on: 
Tuesday, November 14, 2023

The Company also announced that it filed its Form 10-Q for the quarter ended September 30, 2023 with the Securities and Exchange Commission on November 14, 2023.

Key Points: 
  • The Company also announced that it filed its Form 10-Q for the quarter ended September 30, 2023 with the Securities and Exchange Commission on November 14, 2023.
  • The Company reported a net loss of $13.1 million or ($1.47) per basic and diluted share for the three months ended September 30, 2023, compared to a net loss of $7.1 million or ($1.05) per basic and diluted share for the same period last year.
  • Rick Van Nieuwenhuyse, the Company’s President and CEO commented, “The Peak Gold JV remains on schedule and on budget to reach production at the Manh Choh project in the second half of 2024.
  • I am extremely pleased with the progress to date and will continue to provide updates on milestones as we approach commencement of production.”