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Last $1.17 USD
Change Today +0.02 / 1.74%
Volume 1.6K
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

cadus corp (KDUS) Key Developments

Cadus Corp., Annual General Meeting, Jan 28, 2015

Cadus Corp., Annual General Meeting, Jan 28, 2015., at 14:30 US Eastern Standard Time. Location: Morrison Cohen LLP, 909 Third Avenue, 27th Floor. Agenda: To elect four directors of the company to serve until the next annual meeting of stockholders or until their successors are duly elected and qualified; to approve, on a non-binding advisory basis, the compensation of the company’s named executive officers; and to transact such other business as may properly come before the meeting or any and all adjournments thereof.

Cadus Corporation Announces Executive Changes, Effective March 5, 2014

On March 5, 2014, David Blitz resigned as acting President and Chief Executive Officer of Cadus Corporation. Mr. Blitz will continue to serve as Treasurer and Secretary of the company under a consulting arrangement at the rate of $25,000 per annum. Effective March 5, 2014, the Board of Directors of Cadus appointed Hunter C. Gary, a Director of the Company, as the Company's President and Chief Executive Officer. Mr. Gary serves as President and Chief Executive Officer of Cadus and in similar executive capacities for its subsidiaries as well as on such subsidiaries' respective boards of directors or similar governing bodies, and renders such other services as Cadus's Board of Directors may reasonably request from time to time. Mr. Gary worked at Kaufhof Warenhaus AG, most recently as a Managing Director.

Ancora Seeks Strategic Options

Ancora Advisors, LLC reports 3.97% stake in Cadus Corp. (OTCBB:KDUS). Ancora may encourage management of to consider a number of options, including suggesting potential acquisition candidates or encouraging liquidation.

Cadus Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Cadus Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported operating loss of $72,953 against $211,751 a year ago. Loss before provision for income taxes was $72,397 against $211,032 a year ago. Net loss was $72,397 or $0.01 basic and diluted per share against $211,032 or $0.02 basic and diluted per share a year ago. For the nine months, the company reported operating loss was $317,168 against $524,118 a year ago. Loss before provision for income taxes was $315,326 against $522,149 a year ago. Net loss was $315,326 or $0.02 basic and diluted per share against $522,149 or $0.04 basic and diluted per share a year ago.

Cadus Corp., Annual General Meeting, Dec 02, 2013

Cadus Corp., Annual General Meeting, Dec 02, 2013., at 14:30 US Eastern Standard Time. Location: offices of Morrison Cohen LLP. Agenda: To elect four directors of the Company to serve until the next annual meeting of stockholders or until their successors are duly elected and qualified; to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in this proxy statement; to approve, on a non-binding advisory basis, the frequency of holding future advisory votes on executive compensation and to transact such other business as may properly come before the Meeting or any and all adjournments thereof.

 

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