It’s Official – Monster Money is Dead

Back in June, Strata-gee reported that Monster Products, Inc. (the former Monster Cable) had filed an S-1 registration document with the Securities and Exchange Commission, laying out its plans to launch a new cryptocurrency known as Monster Money. In addition … Continue reading

Department of Justice Says It Will Not Charge Nortek in Bribery Scandal

SEC Forces Nortek to Forfeit Profits Resulting from the Bribe The Department of Justice (D.O.J.) has notified Nortek, Inc. that it has closed its investigation into a corporate bribery scandal involving the company’s operations in China and will take no … Continue reading

Nortek Fiscal 2016 Q1 Results Improve, Except for AV

AVC Generates an Operating Loss on a 17.8% Decline in Sales Nortek, Inc. (Nortek) released their results for the 2016 fiscal first quarter and generally showed broad improvement,with sales gains and profit improvements in most of their segments. But not … Continue reading