Moving and Storage Business News

The News Review:

- SEC Moving to Require Exec Pay Details SEC moving to require disclosur…
- The best memory devices
- ADL, CREE, HSOA, MDII, VIMC, SLW Have Been Added To Naked Short List…
- PGS, PRZ, SDA, SMSI, BSGC, VPWS Have Also Been Removed From Naked…

SEC Moving to Require Exec Pay Details SEC moving to require disclosur…
CBS News – Jul 26, 2006
26, 2006By MARCY GORDON AP Business Writer (AP) Companies would have to provide more details of their executives’ pay and perks under a plan being adopted by federal regulators. And amid a widening scandal over suspect timing of stock option grants to company officials, the Securities and Exchange Commission also is writing new rules on disclosure of the dating of options. The planed regulations amount to the biggest changes governing disclosure of executive compensation since 1992. For the first time, public companies will be required to furnish tables in annual filings showing the total yearly compensation for their chief executive officers, chief financial officers and the next three highest-paid executives. The plan is designed to enhance corporate transparency and address an issue that has angered company shareholders and the public… Reyes and another former executive of the maker of data storage devices, Stephanie Jensen, also face civil charges lodged by the SEC. Their attorneys have said they are innocent. A central allegation in the government’s case involves backdating of options awards. The authorities also allege that Reyes and Jensen regularly backdated minutes of meetings of the company’s board so that it appeared that the compensation committee granted options on dates that Brocade’s share price was relatively low. In fact, the authorities allege, no such meetings occurred on those dates.

The best memory devices
The Independent – Independent – Jul 26, 2006
They can break down or be lost. Internet companies such as Yahoo! and AOL (and soon Google), along with smaller competitors, have addressed these problems by allowing users to store nearly any kind of file on their secure servers. The stored files can then be retrieved from any internet-connected computer, and you can also share your files with others. Some firms charge a fee for these services; others offer them free.

ADL, CREE, HSOA, MDII, VIMC, SLW Have Been Added To Naked Short List…
Free with registration – M2 Presswire – AccessMyLibrary.com – Jul 26, 2006
(NASDAQ: HSOA), MDI, Inc. (NASDAQ: MDII), Vimicro International Corporation (NASDAQ: VIMC), Silver Wheaton Corp (NYSE: SLW). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.

PGS, PRZ, SDA, SMSI, BSGC, VPWS Have Also Been Removed From Naked…
Free with registration – M2 Presswire – AccessMyLibrary.com – Jul 26, 2006
The company provides various seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation. It offers its geophysical services to oil and natural gas companies that enable them in finding oil and natural gas, and determining the size and structure of known oil and natural gas reservoirs. As of December 31, 2005, the company owned and operated four floating production, storage, and offloading units in the North Sea. Petroleum Geo Services was founded in 1962 and is headquartered in Lysaker, Norway. With 60 million shares outstanding and 3,179 shares declared short as of June 2006, there is no longer a failure to deliver in shares of PGS. PainCare Holdings, Inc. (AMEX: PRZ) through its subsidiaries, provides healthcare services for the treatment of pain through physician practices and surgery centers in North America.