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January 19, 2012 08:00 ET | Source: Echo Lake Capital

Ephraim Fields of Echo Lake Capital Issues Letter to Board of China Advanced Construction Materials Group, Inc.

Believes $2.65 offer is grossly inadequate Encourages Board and shareholders to reject the buyout offer Doubts offer representing only 54% of book value is in best interests of...
September 08, 2011 08:00 ET | Source: Echo Lake Capital

Ephraim Fields of Echo Lake Capital Urges China Advanced Construction Materials Group to Reject Chairman's Recent Buyout Offer

Urges Board to reject Chairman's recent buyout offer Believes offer is grossly inadequate and not in best interests of shareholders Notes that opportunistic offer equates to only 63% of...
April 08, 2011 08:04 ET | Source: Echo Lake Capital

Ephraim Fields of Echo Lake Capital Calls on Board of Tix Corp. Not to Renew Employment Agreement of Company's CEO, Mr. Mitch Francis

- TIXC Stock Performance From 2008 to 2010: Down 78.8% - Russell 2000 Index Total Return From 2008 to 2010: Up 6.7% - TIXC Total Net Income/(Loss) From 2008 to 2010: ($38.2) million -...
October 18, 2010 08:15 ET | Source: Echo Lake Capital

Ephraim Fields of Echo Lake Capital Calls on Board of Tix Corp. to Release Information Supporting Its Decision to Delist and Deregister Stock

NEW YORK, Oct. 18, 2010 (GLOBE NEWSWIRE) -- Mr. Ephraim Fields of Echo Lake Capital today announced he had sent a letter to the Board of Directors of Tix Corp. (Nasdaq:TIXC). In the letter, Mr. Fields...
October 12, 2010 08:00 ET | Source: Echo Lake Capital

Ephraim Fields of Echo Lake Capital Delivers Letter to Board of Tix Corp.

- Believes Stock is Significantly Undervalued - Believes Board and Management Have Failed to Create Shareholder Value - Urges Company to Explore Alternatives to Maximize Shareholder...