Consolidated Water announces change in issuer status Consolidated Water announced that, effective with its 2013 fiscal year, the company no longer meets the definition of a "Foreign Private Issuer" under the rules and regulations of the U.S. SEC due to the fact that U.S. citizens now constitute the majority of the company's directors and executive officers. The company presently files Current Reports on Form 8-K, Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K with the SEC. As a result of the loss of its foreign private issuer status, the company will now be required to file the proxy statements for its shareholder meetings with the SEC. In addition, the company's directors and executive management are subject to the requirements of Section 16 of the U.S. Securities Exchange Act of 1934, as amended. Consequently, such individuals must file beneficial ownership reports with the SEC and are subject to liability for any profit derived by them as the result of the purchase and sale or sale and purchase of the company's ordinary shares of common stock occurring within a period of six months.
News For CWCO From The Last 14 Days
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On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
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