In accordance with theexchange rules Evergreen informed the exchange within 10 business days of itsintent to cure the
In accordance with theexchange rules, Evergreen informed the exchange within 10 business days of itsintent to cure the deficiency and its plans for doing so. Since receiving the notification last October, Evergreen has adopted ashareholder rights plan and is in the process of selling non-strategic assets.In addition, it has announced milestones in its C-Lock Technology business andsuccessfully repositioned the company to fully leverage the strengths of itsproven, proprietary green technologies and solutions by evolving its businessmodel from completing industrial projects to revenue-producing licensing, jointventures and partnerships About Evergreen Energy Inc.Evergreen Energy Inc. 160 changes thereporting for minority interests, which now must be characterized asnoncontrolling interests and classified as a component of consolidated equity.The calculation of income and earnings per share continues to be based on incomeamounts attributable to the parent and is characterized as net incomeattributable to common stockholders. 160,”Noncontrolling Interests in Consolidated Financial Statements, an amendment ofAccounting Research Bulletin No 51″ (“SFAS No 160″) SFAS No. Additionally, on January 1, 2009, theCompany adopted Statement of Financial Accounting Standards No. APB 14-1 specifies that issuers of convertible debt instrumentsthat may be settled in cash upon conversion (including partial cash settlement)should separately account for the liability and equity components in a mannerthat will reflect the entity`s nonconvertible debt borrowing rate when interestcost is recognized in subsequent periods. APB 14-1, “Accounting for Convertible Debt Instruments ThatMay Be Settled in Cash upon Conversion (Including Partial Cash Settlement)”(“APB 14-1″).
TheCompany does not undertake a duty to update such forward-looking statements,which speak only as of the date on which they are made.The Company`s actual future results and trends may differ materially dependingon a variety of factors discussed in the Company`s filings with the Securitiesand Exchange Commission. Suchforward-looking statements are inherently uncertain, and security holders mustrecognize that actual results may differ from the Company`s expectations. All statements regarding theCompany`s or its tenants`, operators`, managers` or borrowers` expected futurefinancial position, results of operations, cash flows, funds from operations,dividends and dividend plans, financing plans, business strategy, budgets,projected costs, capital expenditures, competitive positions, acquisitions,investment opportunities, merger integration, growth opportunities,dispositions, expected lease income, continued qualification as a real estateinvestment trust (“REIT”), plans and objectives of management for futureoperations and statements that include words such as “anticipate,” “if,”"believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,”"will” and other similar expressions are forward-looking statements. Itsdiverse portfolio includes 243 seniors housing communities, 193 skilled nursingfacilities, 40 hospitals, and 31 medical office buildings and other properties.More information about Ventas can be found on its website at press release includes forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21E of theSecurities Exchange Act of 1934, as amended.
At the date of this press release, Ventas owns 507 seniors housing andhealthcare properties located in 43 states and two Canadian provinces. Ventas, Inc., an S&P 500 company, is a leading healthcare real estate investmenttrust. The participant passcode is “Ventas.” Theconference call is being webcast live by CCBN and can be accessed at theCompany`s website at or An online replay ofthe webcast will be available today at approximately 1:00 p.m Eastern Time andwill be archived for one month. FIRST QUARTER CONFERENCE CALLVentas will hold a conference call to discuss this earnings release today, at11:00 a.m Eastern Time (10:00 a.m Central Time) The dial-in number for theconference call is (857) 350-1587. The Companymay from time to time update its publicly announced guidance, but it is notobligated to do so.
