Archived posting to the Leica Users Group, 2005/02/17

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Subject: [Leica] Leica Solms reports 50% loss what does this mean?
From: mak at teleport.com (mak@teleport.com)
Date: Thu Feb 17 09:08:51 2005
 
Leica Camera AG, Solms, expects the existence of a loss in the amount of 
half of its registered share capital in March 2005. The Company?s Board of 
Management will make a corresponding announcement according to section 92 
(1) of the German Stock Corporation Law (AktG) at a General Meeting to be 
held on May 31, 2005. 
Concurrently, the Board of Management prepares a turnaround strategy. It 
will propose at the General Meeting on May 31, 2005 that capital measures be 
taken. In connection with such measures audits are conducted at present. The 
measures proposed will be announced and published in the designated journals 
at the time of the convening of the General Meeting and the announcement of 
its agenda. 


What are the implications of this?
Replies: Reply from gwpics at aol.com (Gerry Walden) ([Leica] Leica Solms reports 50% loss what does this mean?)
Reply from philippe.orlent at pandora.be (Philippe Orlent) ([Leica] Leica Solms reports 50% loss what does this mean?)
Reply from tedgrant at shaw.ca (Ted Grant) ([Leica] Leica Solms reports 50% loss what does this mean?)
Reply from leicaluvr at comcast.net (Tom Schofield) ([Leica] Any German Securities lawyers on the list?)