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August 18, 2014
16:47 EDTISIGAir T reports 10.2% stake in Insignia Systems
In a regulatory filing, Air T said it may engage in communications with one or more officers of Insignia Systems and/or one or more members of the board of directors of Insignia Systems, and/or one or more representatives of Insignia Systems regarding Insignia Systems, including, but not limited to its business, management, operations, assets, capitalization, financial condition, governance, strategy and future plans. These discussions may include ideas that, if effectuated, may result in any of the following: a sale or transfer of a material amount of assets of Insignia Systems and/or changes in the Board of the Insignia Systems.
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December 22, 2014
17:37 EDTISIGBiglari reports 18.8% stake in Insignia, suggests sale of company
Biglari believes that Insignia Systems' surplus cash should be distributed to its shareholders through a one-time special dividend. In addition, Biglari concludes that the company is too small to remain as a public company and therefore it is in the interest of all shareholders for Insignia’s board to pursue a sale of the company.
December 15, 2014
08:33 EDTISIGInsignia Systems sees Q4 net loss $300,000-$500,000
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