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Ironridge is one of about a half-dozen companies that are following a strategy to invest in microcap firms.
TCA Fund Management Group, "TCA", has announced the closing of a $10,000,000 USD Senior Secured Debenture with an initial draw set at $4,250,000 for NewLead Holdings Ltd.
Federal Court completely rejects all of the false claims asserted by NewLead Holdings Ltd. (NEWL), rules in favor of Ironridge on all issues, and finds that Ironridge may appropriately instruct the transfer agent to deliver shares
U.S. District Court completely rejects false claims asserted by NewLead Holdings Ltd., and finds that Ironridge has never manipulated stock, and that Ironridge has no undisclosed brokerage relationships
Ironridge receives clean bill of health from United States District Court, and wins complete dissolution of Temporary Restraining Order, after being given opportunity to respond to frivolous accusations made by NewLead
NewLead Holdings (NEWL) stock is lower in after-hours trading following a judge's decision to deny the company its preliminary injunction attempting to stop Ironridge Global IV from obtaining additional shares of NewLead.
Shares of NewLead (NEWL) are up over 40% after the Greek shipping company announced that the company was granted a Temporary Restraining Order against Ironridge Global IV, Ltd. prohibiting the further issuance of common shares in payment of dividends on Series A Preference Shares of NewLead.
NewLead Holdings (NEWL) continued to plunge Monday on high volume after last week's gains.
NewLead Holdings (NEWL) dropped off Thursday after shares of the shipping company had soared for three consecutive days.
NewLead Holdings (NEWL) continued to soar Wednesday after the shipping company's announcement on Monday of delivery of one eco-type handysize vessel.
The shorts have been loving this stock and its ugly chart -- but that could be about to change.