File Name: Williamsjensen021706.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

File Name: Williamsjensen021706.Pdf WILLIAMS & JENSEN, PLLC TELEPHONE SUITE 300 FACSIMILE (202) 659-8201 1155 21ST STREET,N.W. (202) 659-5249 WASHINGTON, D.C. 20036-3308 February 17,2006 Ms. Nancy M. Morris Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-9303 Re: Definition of Eligible Portfolio Company under the Investment Company Act of 1940; File No. S7-37-04 Dear Ms. Morris: This submission provides updated and additional data to support the Commission's efforts to modernize the definition of "eligible portfolio company" under the Investment Company Act of 1940. We continue to hear from business development companies (BDCs) regarding the absence of a meaningful and relevant standard for the definition of "eligible portfolio company." We hope that the Commission will examine the attached data and adopt a rule that modernizes the definition in a meaningful fashion, or alternatively urges Congress to remedy the problem through corrective legislation. An effective definition must provide sufficient access for the smaller- and middle-tier public companies that otherwise have little or no access to the public capital markets and also investment opportunities fox-the benefit of BDC shareholders. In 2004, Congress began to address the need to modernize the definition of "eligible portfolio company." The BDC industry pursued a legislative solution because the staff of the Division of Investment Management had indicated in earlier discussions with representatives of the BDC industry that a legislative remedy was the best course of action. The Investment Company Act defines "eligible portfolio company" to include those public companies that do not have outstanding securities upon which margin credit can be granted consistent with the Federal Reserve Board's margin rules. However, the Federal Reserve Board's changes in its definition of margmable securities eliminated all exchange- and NASDAQ-traded stocks as eligible portfolio companies. When Congress initially addressed the issue of modernizing the definition by passing corrective legislation in the House of Representatives (H.R. 3 170)on April 28,2004, the understood definition of "eligible portfolio company" within the BDC industry included all companies without publicly traded equity securities, and all public companies traded on the pink sheets and over-the-counter bulletin board. However, at about the time the House passed corrective legislation, H.R. 3 170, the staff of the Division of Investment Management took the position for the first time since the establishment of BDCs that private companies that had issued debt securities no longer qualified for treatment as an eligible portfolio company. This new interpretive position has caused significant concern within the BDC community, and has underscored the importance of completing the effort to modernize the definition of eligible portfolio company either by regulation or amendment to the Investment Company Act. We believe that a continued delay in addressing this issue impedes capital support for small- and mid-tier companies and is contrary to the interests of BDC shareholders. Having an outdated definition of eligible portfolio company compounded by the recent reinterpretation of important definitional issues by the staff of the Division of Investment Management undermines the needs of many stakeholders in this issue. Protection of Shareholders /Competitive Impact The proposed rulemaking fails to include empirical data justifiing that the rule as written wouldfurther capital formation, competition, and shareholder protection as required by the Act. The data that mists indicates that the proposed rule is too restrictive. The misting data also indicates that shareholders can be harmed by a policy that restricts capitalfrom an entig such as a BDC that is subject to full transparency and regulation. In addition, the proposed rubfails to describe the impact on shareholders and capital formation by emphasizing a robfor BDCs in providing capital to companies in or near bankruptcy. The SEC authority to establish a new definition of "eligible portfolio company" is contained in section 2(a)(46)(C)(iv) of the Investment Company ~ct..' The proposed rulemaking Section 2(a)(46)(C)(iv) of the Investment Company Act of 1940: "(46) "Eligible portfolio company" means any issuer which- (A) is organized under the laws of, and has its principal place of business in, any State or States; (B) is neither an investment company as defined in section 3 (other than a small business investment company which is licensed by the Small Business Administration to operate under the SdlBusiness Investment Act of 1958 and which is a wholly-owned subsidiary of the business development company) nor a company which would be an investment company except for the exclusion fiom the defmition of investment company in section 3(c); and (C) satisfies one of the following: (i) it does not have any class of securities with respect to which a member of a national securities exchange, broker, or dealer may extend or maintain credit to or for a customer pursuant to rules or regulations adopted by the Board of Governors of the Federal Reserve System under section 7 of the Securities Exchange Act of 1934; (ii) it is controlled by a business development company, either alone or as part of a group acting together, and such business development company in fact exercises a controlling influence over the management or policies of such eligible portfolio company and, as a result of such control, has an affiliated person who is a director of such eligible portfolio company; (iii) it has total assets of not more than $4,000,000, and capital and surplus (shareholders' equity less retained earnings) of not less than $2,000,000, except that the Commission may adjust such amounts by rule, regulation, or order to reflect changes in 1 or more generally accepted indices or other indicators for small businesses; or (iv) it meets such other criteria as the Commission may, by rule, establish as consistent with the public interest, the protection of investors, and the purposes fairly intended by the policy and provisions of this title," (Emphasis added). accurately states that BDCs do not compete against other types of investment companies.2 However, the proposed rule is devoid of any empirical data assessing the competitive impact of the proposed rule or the impact on shareholders. Significant and relevant market data exists that help describe the demand for capital by public companies provided through trmsactions other than registered new offerings. This data describes the significant demand by public companies based on market capitalizations. In addition, the data and at least one academic study, indicates that shareholders of these public companies can suffer financial harm through some non- registered transactions, and that there is a correlation between the nature of the provider of capital and the resulting impact on shareholders of these companies. The proposed rule actually states that "We generally believe that most issuers that are able to list their securities on an Exchange or on NASDAQ have access to the public capital rnarket~."~This statement is not supported by any data. In fact, the attached data and material indicates that the premise of the proposed rule is inaccurate in making this assertion. BDCs have historically competed against private venture capital and hedge funds in extending capital to private and public companies. A private investment in public equity (PIPE) transaction is an example of one such financing tool used by small- and mid-tier companies. For example, an investment bank that provides PIPE financing indicates in a published article that "a PIPE transaction generally best fits companies with a market capitalization under $400 million that seek an equity infusion of less than $75 milli~n."~It Wher notes that traditional public equity alternatives generally require a minimum transaction of "$65 million to $100 million to achieve optimal execution" due to the need for liquidity.5 This clearly indicates that public companies often require alternative forms of financing, especially if they have securities with limited liquidity. The proposed rulemaking fails to discuss the availability of traditional public equity alternatives for capital and debt infusions below $100 million. Because of the limitations on leverage imposed on BDCs by the Investment Company Act, much of the focus of BDCs is in making investments within this transaction size. Attached is data on private investments in public equity (PIPES)transactions for 2005 which hfher illustrates the lack of access to traditional forms of capital for public companies with a market capitalization of less than $300 million. Also attached is a scholarly research article on PPE transactions that analyzes the impact that such transactions can have on the shareholders of public companies. It concludes that the resulting impact on shareholders of PIPE issuing companies (dilution of ownership, loss of company, etc.) fkequently correlates with the nature of the capital provider and the structure of the transaction. BDCs are subject to the strict disclosure regime of the 1940Act, and they must disclose the terms, rates and other conditions of * See Definition of Eligible Portfolio Company Under the Investment Company Act of 1940, Proposed Rule, File No. S7-37-04 (November 8,2004) [69 Federal Register 648221: "We do not anticipate that these proposed rules would harm competition. The proposed rules are designed
Recommended publications
  • User's Manual
    A R M O R User's Manual C 2005 Thermaltake Technology Co.,Ltd. All Rights Reserved. www.thermaltake.com Contents A Chapter1 Product Introduction R M 1.1 Specification O 1 R Chapter2 Case Mechanical Operation 2.1 How to open the side panel 3 2.2 Installing 5.25" Device 4 2.3 Installing 3.5" HDD 5 2.4 Removable 12cm Fan cage with 3HDD 6 2.5 Installing 3.5" HDD For 12cm Fan Cage 7 2.6 5.25" to 3.5" Drive Tray Device Installation 8 2.7 Installing 3.5" Device to Drive Tray With Power Button 10 2.8 Installing Power Supply 12 2.9 Installing the Fan on Top of the Case 13 2.10 How to Remove the Fan & Fan Holder 14 2.11 Air Cooling System 15 2.12 BTX Upgraded Kits 16 2.13 PCI slot tool-free function operation 17 Chapter3 Motherboard & Leads Installation 3.1 Motherboard Installation 18 3.2 Case LED connections 19 3.3 USB2.0 & IEEE1394 Firewire connection 20 3.4 Ear & Mic Connections 22 Chapter4 Other 4.1 Silent PurepowerTM power supply (optional) 23 User's Maunal Chapter1 Product Introduction 1.1 Specification VA8000SWA VA8000BWS A R M O R Model Armor --- VA8000SWA Model Armor--- VA8000BWS Case Type Super Tower Case Type Super Tower Side Panel Transparent side panel Side Panel Transparent side panel Net Weight 7.5 Kg Net Weight 16.2Kg Dimension 530 x 220 x 560 mm (H*W*D) Dimension 530 x 220 x 560 mm (H*W*D) Front (intake) : 120 x 120 x25 mm blue LED fan, Front (intake) : 120 x 120 x25 mm blue LED fan, 1300rpm, 17dBA 1300rpm, 17dBA Cooling Cooling Rear (Exhaust) : 120 x 120 x25 mm blue LED fan, Rear (Exhaust) : 120 x 120 x25 mm blue LED fan, System
    [Show full text]
  • Otc Markets Group Inc
    OTC MARKETS GROUP INC. A Delaware Corporation 304 Hudson Street New York, NY 10013 _______________________ Telephone: (212) 896-4400 Facsimile: (212) 868-3848 _______________________ Federal EIN: 13-3941069 NAICS: 523999 SIC Code: 6289 Issuer’s Quarterly Report For the quarterly period ended June 30, 2014 ISSUER’S EQUITY SECURITIES COMMON STOCK Class A Common Stock $0.01 Par Value Per Share 14,000,000 Shares Authorized 11,053,241 Shares Outstanding as of July 31, 2014 OTCQX: OTCM Class C Common Stock $0.01 Par Value Per Share 130,838 Shares Authorized 130,838 Shares Outstanding as of July 31, 2014 OTC Markets Group Inc. is responsible for the content of this Quarterly Report. The securities described in this document are not registered with, and the information contained in this report has not been filed with, or approved by, the U.S. Securities and Exchange Commission. TABLE OF CONTENTS ITEM 1 THE EXACT NAME OF THE ISSUER AND THE ADDRESS AND TELEPHONE NUMBER OF THE ISSUER’S PRINCIPAL EXECUTIVE OFFICES 3 ITEM 2 SHARES OUTSTANDING 4 ITEM 3 UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 5 ITEM 4 MANAGEMENT’S DISCUSSION AND ANALYSIS 6 ITEM 5 LEGAL PROCEEDINGS 25 ITEM 6 DEFAULTS UPON SENIOR SECURITIES 25 ITEM 7 OTHER INFORMATION 25 ITEM 8 EXHIBITS 25 ITEM 9 CERTIFICATIONS 26 2 OTC MARKETS GROUP INC. A Delaware Corporation QUARTERLY REPORT Cautionary Note Regarding Forward-Looking Statements Information set forth in this Quarterly Report (the “Quarterly Report”) contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements.
    [Show full text]
  • Put in a Bind with New Law
    KEVIN FRAYER/GETTY WEEK 24, 2021 I MA G ES CHINA INSIDER FOREIGN BUSINESSES IN CHINA PUT IN A BIND WITH NEW LAW See Page 2 2 | CHINA INSIDER Week 24, 2021 Week 24, 2021 CHINA INSIDER | 3 WILL RUSSELL/GETTY IMAGES OPINION Beijing’s ‘Anti-Foreign Sanctions’ Law Puts Global Businesses in Further Bind KEVIN FRAYER/GETTY IMAGES FAN YU People walk by an H&M oreign companies doing busi- store in Beijing on ness in China will soon find their March 30, operating environment littered 2021. with economic roadblocks be- cause of a series of new “anti- Fforeign sanctions” rules that China’s leg- islature rushed to pass on June 10. The new rules were introduced as coun- termeasures against foreign nations enact- ing sanctions on Beijing. This development may put foreign organizations and indi- viduals enforcing their home countries’ sanctions against China in a tough position going forward. The new law expands the Chinese re- gime’s toolkit to fight back against sanc- tions and can be used in conjunction with the existing Unreliable Entities List of com- panies it created last year. The measures are extensive and give the Chinese Communist Party (CCP) broad powers to sanction organizations and indi- viduals complying with sanctions against China. So, what exactly can it do? The CCP The Chinese consulate in Perth, Australia, on March 24, 2014. could deny visas for, deport, and restrict travel for affected entities, seize properties bank complying with President Joe Biden’s measures casually, these measures are now they have within China, block business updated executive order to affirm the available to the CCP under the new law.
    [Show full text]
  • SUPPORTING STATEMENT for the Paperwork Reduction Act New Information Collection Submission for Rule 15C2-11
    SUPPORTING STATEMENT For the Paperwork Reduction Act New Information Collection Submission for Rule 15c2-11 A. Justification 1. Necessity of Information Collection On September 13, 1971, effective December 13, 1971 (see 36 FR 18641, September 18, 1971), the Commission adopted Rule 15c2-11 (17 CFR 240.15c2-11) (“Rule 15c2-11” or “Rule”) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (“Exchange Act”) to regulate the initiation or resumption of quotations in a quotation medium by a broker-dealer for over-the-counter (“OTC”) securities. The Rule was designed primarily to prevent certain manipulative and fraudulent trading schemes that had arisen in connection with the distribution and trading of unregistered securities issued by shell companies or other companies having outstanding but infrequently traded securities. Subject to certain exceptions, the Rule prohibits brokers-dealers from publishing a quotation for a security, or submitting a quotation for publication, in a quotation medium unless they have reviewed specified information concerning the security and the issuer. This information review requirement is intended to have a broker-dealer give some measure of attention to financial and other information about an issuer before it initiates or resumes quotations for that issuer’s securities. Pursuant to subsection (c) of the Rule, the documents and information required by Rule 15c2-11 must be preserved by the broker-dealer for a period of not less than three years. Generally, Rule 15c2-11 applies to broker-dealers that initiate or resume publication of quotations of securities that are not listed and traded on a national securities exchange (“covered OTC securities”).
    [Show full text]
  • Media Capture with Chinese Characteristics
    JOU0010.1177/1464884917724632JournalismBelair-Gagnon et al. 724632research-article2017 Article Journalism 1 –17 Media capture with Chinese © The Author(s) 2017 Reprints and permissions: characteristics: Changing sagepub.co.uk/journalsPermissions.nav https://doi.org/10.1177/1464884917724632DOI: 10.1177/1464884917724632 patterns in Hong Kong’s journals.sagepub.com/home/jou news media system Nicholas Frisch Yale University, USA Valerie Belair-Gagnon University of Minnesota, USA Colin Agur University of Minnesota, USA Abstract In the Special Administrative Region of Hong Kong, a former British territory in southern China returned to the People’s Republic as a semi-autonomous enclave in 1997, media capture has distinct characteristics. On one hand, Hong Kong offers a case of media capture in an uncensored media sector and open market economy similar to those of Western industrialized democracies. Yet Hong Kong’s comparatively small size, close proximity, and broad economic exposure to the authoritarian markets and politics of neighboring Mainland China, which practices strict censorship, place unique pressures on Hong Kong’s nominally free press. Building on the literature on media and politics in Hong Kong post-handover and drawing on interviews with journalists in Hong Kong, this article examines the dynamics of media capture in Hong Kong. It highlights how corporate-owned legacy media outlets are increasingly deferential to the Beijing government’s news agenda, while social media is fostering alternative spaces for more skeptical and aggressive voices. This article develops a scholarly vocabulary to describe media capture from the perspective of local journalists and from the academic literature on media and power in Hong Kong and China since 1997.
    [Show full text]
  • Comment Letter
    July 23, 2008 Subject: Follow-up on July 22 Meeting Dr. Sirri et al.: I thank you for meeting with Ken Salomon, John Welborn and me yesterday afternoon to discuss Reg SHO, naked short selling and the SEC's recent emergency order. As a follow-up, I want to emphasize the following points: 1. OSTK continues to believe that it is critical that the SEC extend the pre-borrow requirement of the emergency order to the entire market, not just the 19 select companies. OSTK requests that the SEC promptly undertake swift rulemaking so that this protection applies fairly across the market. 2. OSTK continues to support the prompt and full elimination of the option market maker exception, an exception that swallows up the good intentions of Reg SHO. During yesterday's meeting, we discussed the relationship between the markets for equities and their corresponding derivatives (including listed options). You stated that options market makers enjoy an exception from the Reg SHO requirement that they locate and/or deliver shares when hedging against options positions. I am not sure that I would read Reg SHO to say that. However, under your theory, if an options market maker sells a put with a 6- month expiration, then that same market maker has the legal right to naked short and fail to deliver an equivalent amount of the underlying equity (leaving the option market maker "delta neutral”) for six months. This exception is unnecessary and open to abuse/manipulation, particularly with the married puts that often occur in Reg SHO threshold securities.
    [Show full text]
  • Oklahoma City Channel Lineup
    Name Call Letters Number Name Call Letters Number Name Call Letters Number Fox College Sports - Central ** FCSC 648 Nicktoons NKTN 316 ActionMAX ACTMAX 835 Oklahoma City Fox College Sports - Pacific ** FCSP 649 Noggin NOG 320 Cinemax MAX 832 Fox Movie Channel FMC 792 Oxygen OXGN 368 Cinemax - West MAX-W 833 Fox News Channel FNC 210 PBS KIDS Sprout SPROUT 337 Encore ENC 932 Fox Reality Channel REAL 130 qubo qubo 328 Encore - West ENC-W 933 Channel Directory Fox Soccer Channel ** FSC 654 QVC QVC 197 Encore Action ENCACT 936 BY CHANNEL NAME Fox Sports en Español ** FSE 655 QVC QVC 420 Encore Drama ENCDRA 938 FSN Arizona ** FSAZ 762 Recorded TV Channel DVR 9999 Encore Love ENCLOV 934 FSN Detroit ** FSD 737 Sci Fi Channel SCIFI 151 Encore Mystery ENCMYS 935 Name Call Letters Number FSN Florida ** FSFL 720 Science Channel SCI 258 Encore Wam WAM 939 FSN Midwest ** FSMW 748 ShopNBC SHPNBC 424 Encore Westerns ENCWES 937 FSN North ** FSN 744 SiTV SiTV 194 FLIX FLIX 890 LOCAL LISTINGS FSN Northwest ** FSNW 764 Sleuth SLEUTH 161 HBO HBO 802 FSN Ohio-Cincinnati ** FSOHCI 732 Smile of a Child SMILE 340 HBO - West HBO-W 803 HSN HSN 8 FSN Ohio-Cleveland ** FSOHCL 734 SOAPnet SOAP 365 HBO Comedy HBOCOM 808 KAUT-43 (MY NETWORK TV) KAUT 43 FSN Pittsburgh ** FSP 730 SOAPnet - West SOAP-W 366 HBO Family HBOFAM 806 KETA-13 (PBS) KETA 13 FSN Prime Ticket ** FSPT 774 Speed Channel ** SPEED 652 HBO Latino HBOLAT 810 KFOR-4 (NBC) KFOR 4 FSN Rocky Mountain ** FSRM 760 Spike TV SPKE 145 HBO Signature HBOSIG 807 KOCB-34 (THE CW) KOCB 34 FSN South ** FSS 724 Spike
    [Show full text]
  • (Form Factor), Btx (Form Factor), Computer Form
    0NB8RPHZLWIR » Book » Motherboard Form Factors: Atx, at (Form Factor), Btx (Form Factor), Computer Form... Read eBook Online MOTHERBOARD FORM FACTORS: ATX, AT (FORM FACTOR), BTX (FORM FACTOR), COMPUTER FORM FACTOR, COM EXPRESS, COREEXPRESS, DIAMOND SYSTEMS CORPORATION, To read Motherboard Form Factors: Atx, at (Form Factor), Btx (Form Factor), Computer Form Factor, Com Express, Coreexpress, Diamond Systems Corporation, PDF, please refer to the hyperlink beneath and download the document or gain access to other information which might be have conjunction with MOTHERBOARD FORM FACTORS: ATX, AT (FORM FACTOR), BTX (FORM FACTOR), COMPUTER FORM FACTOR, COM EXPRESS, COREEXPRESS, DIAMOND SYSTEMS CORPORATION, book. Download PDF Motherboard Form Factors: Atx, at (Form Factor), Btx (Form Factor), Computer Form Factor, Com Express, Coreexpress, Diamond Systems Corporation, Authored by Source Wikipedia Released at 2016 Filesize: 2.04 MB Reviews A really awesome pdf with perfect and lucid reasons. Yes, it is actually engage in, continue to an interesting and amazing literature. I am effortlessly will get a delight of studying a published pdf. -- Shaniya Stamm Extremely helpful to all of group of people. It really is loaded with wisdom and knowledge I am just delighted to inform you that this is actually the best pdf we have read within my personal existence and might be he very best publication for possibly. -- Lon Jerde This publication is amazing. it absolutely was writtern very completely and helpful. Its been printed in an remarkably straightforward way and it is simply after i finished reading through this ebook through which in fact altered me, change the way i think. -- Jodie Schneider TERMS | DMCA EGV2GBDX9VA8 » PDF » Motherboard Form Factors: Atx, at (Form Factor), Btx (Form Factor), Computer Form..
    [Show full text]
  • Federal Register/Vol. 85, No. 103/Thursday, May 28, 2020
    32256 Federal Register / Vol. 85, No. 103 / Thursday, May 28, 2020 / Proposed Rules FEDERAL COMMUNICATIONS closes-headquarters-open-window-and- presentation of data or arguments COMMISSION changes-hand-delivery-policy. already reflected in the presenter’s 7. During the time the Commission’s written comments, memoranda, or other 47 CFR Part 1 building is closed to the general public filings in the proceeding, the presenter [MD Docket Nos. 19–105; MD Docket Nos. and until further notice, if more than may provide citations to such data or 20–105; FCC 20–64; FRS 16780] one docket or rulemaking number arguments in his or her prior comments, appears in the caption of a proceeding, memoranda, or other filings (specifying Assessment and Collection of paper filers need not submit two the relevant page and/or paragraph Regulatory Fees for Fiscal Year 2020. additional copies for each additional numbers where such data or arguments docket or rulemaking number; an can be found) in lieu of summarizing AGENCY: Federal Communications original and one copy are sufficient. them in the memorandum. Documents Commission. For detailed instructions for shown or given to Commission staff ACTION: Notice of proposed rulemaking. submitting comments and additional during ex parte meetings are deemed to be written ex parte presentations and SUMMARY: In this document, the Federal information on the rulemaking process, must be filed consistent with section Communications Commission see the SUPPLEMENTARY INFORMATION 1.1206(b) of the Commission’s rules. In (Commission) seeks comment on several section of this document. proceedings governed by section 1.49(f) proposals that will impact FY 2020 FOR FURTHER INFORMATION CONTACT: of the Commission’s rules or for which regulatory fees.
    [Show full text]
  • Page 1 of 32 VEHICLE RECALLS by MANUFACTURER, 2000 Report Prepared 1/16/2008
    Page 1 of 32 VEHICLE RECALLS BY MANUFACTURER, 2000 Report Prepared 1/16/2008 MANUFACTURER RECALLS VEHICLES ACCUBUIL T, INC 1 8 AM GENERAL CORPORATION 1 980 AMERICAN EAGLE MOTORCYCLE CO 1 14 AMERICAN HONDA MOTOR CO 8 212,212 AMERICAN SUNDIRO MOTORCYCLE 1 2,183 AMERICAN SUZUKI MOTOR CORP. 4 25,023 AMERICAN TRANSPORTATION CORP. 5 1,441 APRILIA USA INC. 2 409 ASTON MARTIN 2 666 ATHEY PRODUCTS CORP. 3 304 B. FOSTER & COMPANY, INC. 1 422 BAYERISCHE MOTOREN WERKE 11 28,738 BLUE BIRD BODY COMPANY 12 62,692 BUELL MOTORCYCLE CO 4 12,230 CABOT COACH BUILDERS, INC. 1 818 CARPENTER INDUSTRIES, INC. 2 6,838 CLASSIC LIMOUSINE 1 492 CLASSIC MANUFACTURING, INC. 1 8 COACHMEN INDUSTRIES, INC. 8 5,271 COACHMEN RV COMPANY 1 576 COLLINS BUS CORPORATION 1 286 COUNTRY COACH INC 6 519 CRANE CARRIER COMPANY 1 138 DABRYAN COACH BUILDERS 1 723 DAIMLERCHRYSLER CORPORATION 30 6,700,752 DAMON CORPORATION 3 824 DAVINCI COACHWORKS, INC 1 144 D'ELEGANT CONVERSIONS, INC. 1 34 DORSEY TRAILERS, INC. 1 210 DUTCHMEN MANUFACTURING, INC 1 105 ELDORADO NATIONAL 1 173 ELECTRIC TRANSIT, INC. 1 54 ELGIN SWEEPER COMPANY 1 40 E-ONE, INC. 1 3 EUROPA INTERNATIONAL, INC. 2 242 EXECUTIVE COACH BUILDERS 1 702 FEATHERLITE LUXURY COACHES 1 83 FEATHERLITE, INC. 2 3,235 FEDERAL COACH, LLC 1 230 FERRARI NORTH AMERICA 8 1,601 FLEETWOOD ENT., INC. 5 12, 119 FORD MOTOR COMPANY 60 7,485,466 FOREST RIVER, INC. 1 115 FORETRAVEL, INC. 3 478 FOURWINNS 2 2,276 FREIGHTLINER CORPORATION 27 233,032 FREIGHTLINER LLC 1 803 GENERAL MOTORS CORP.
    [Show full text]
  • Motor Vehicle Make Abbreviation List Updated As of June 21, 2012 MAKE Manufacturer AC a C AMF a M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd
    Motor Vehicle Make Abbreviation List Updated as of June 21, 2012 MAKE Manufacturer AC A C AMF A M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd. by Skyline Motorized Div.) ACAD Acadian ACUR Acura ADET Adette AMIN ADVANCE MIXER ADVS ADVANCED VEHICLE SYSTEMS ADVE ADVENTURE WHEELS MOTOR HOME AERA Aerocar AETA Aeta DAFD AF ARIE Airel AIRO AIR-O MOTOR HOME AIRS AIRSTREAM, INC AJS AJS AJW AJW ALAS ALASKAN CAMPER ALEX Alexander-Reynolds Corp. ALFL ALFA LEISURE, INC ALFA Alfa Romero ALSE ALL SEASONS MOTOR HOME ALLS All State ALLA Allard ALLE ALLEGRO MOTOR HOME ALCI Allen Coachworks, Inc. ALNZ ALLIANZ SWEEPERS ALED Allied ALLL Allied Leisure, Inc. ALTK ALLIED TANK ALLF Allison's Fiberglass mfg., Inc. ALMA Alma ALOH ALOHA-TRAILER CO ALOU Alouette ALPH Alpha ALPI Alpine ALSP Alsport/ Steen ALTA Alta ALVI Alvis AMGN AM GENERAL CORP AMGN AM General Corp. AMBA Ambassador AMEN Amen AMCC AMERICAN CLIPPER CORP AMCR AMERICAN CRUISER MOTOR HOME Motor Vehicle Make Abbreviation List Updated as of June 21, 2012 AEAG American Eagle AMEL AMERICAN ECONOMOBILE HILIF AMEV AMERICAN ELECTRIC VEHICLE LAFR AMERICAN LA FRANCE AMI American Microcar, Inc. AMER American Motors AMER AMERICAN MOTORS GENERAL BUS AMER AMERICAN MOTORS JEEP AMPT AMERICAN TRANSPORTATION AMRR AMERITRANS BY TMC GROUP, INC AMME Ammex AMPH Amphicar AMPT Amphicat AMTC AMTRAN CORP FANF ANC MOTOR HOME TRUCK ANGL Angel API API APOL APOLLO HOMES APRI APRILIA NEWM AR CORP. ARCA Arctic Cat ARGO Argonaut State Limousine ARGS ARGOSY TRAVEL TRAILER AGYL Argyle ARIT Arista ARIS ARISTOCRAT MOTOR HOME ARMR ARMOR MOBILE SYSTEMS, INC ARMS Armstrong Siddeley ARNO Arnolt-Bristol ARRO ARROW ARTI Artie ASA ASA ARSC Ascort ASHL Ashley ASPS Aspes ASVE Assembled Vehicle ASTO Aston Martin ASUN Asuna CAT CATERPILLAR TRACTOR CO ATK ATK America, Inc.
    [Show full text]
  • We Have to Acknowledge That Consumers Are Controlling The
    © Hugh MacLeod. www.gapingvoid.com We have to acknowledge that consumers are controlling the conversation about brands more than ever and they are doing it in real time, online, way faster than you can churn out an ad or distribute a news release. While social media is not the absolute answer to all marketing issues, I think it definitely provides insight into customer behaviors and allows clients to participate in conversations about their brand/ product/service on a more proactive and intimate level. We!ve designated a team of specialists that are immersed in all levels of social media. They spend time scouring the Web, read books and blogs, attend training, workshops and seminars, and actively participate to understand social media inside and out. - Nicole Torstenson, Sr. Marketing Strategist, Innova Ideas & Services © Hugh MacLeod. www.gapingvoid.com Let’s focus on: Nevermind. dominant ual ling ultil h/m l is rta an MR or spa p p p h h o o t t o social networks o social networks + s o o crowd s crowd s c ii p p a ll a n a e content n tt source n source w i i o s s rr k h i h i n based g / / location m u sh llt ngllii d iillii e o ng nt m u miinan in all do a n s t ms space usic mobile communities mu sociiall n e t d w at video ing o Es tu grito r k s portal t n a iin m o d s ks e rk ng o lis w h tw e t n iinterest Innova Ideas & Services | www.innovaideasandservices.com Nannette Rodríguez | Director of Hispanic Marketing, Business Development | 515.697.7200 | [email protected] @rodriguez24 (Twitter) | Nannette Rodriguez+Des Moines (Facebook, Linked In, MySpace) Web Progression Web 1.0 Web 2.0 Web 3.0 Web 3.5 In the beginning, Then it progressed Commerce then A subset of social the Web served into a place for ushered an era of networks and as an info transactions.
    [Show full text]