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BUSINESS
September 30, 1986
Helix Systems Ltd., a Canoga Park maker of durable computer-memory equipment, said Monday that it has agreed to buy S.A.R.R. Industries in Chatsworth for 345,000 shares of stock. Helix's shares, which trade on the Vancouver Stock Exchange, are hovering now at about $2 (Canadian), making the acquisition worth about $500,000 in U. S. dollars, based on present exchange rates. Another 100,161 shares of Helix stock may be issued to complete the acquisition if the stock's price falls below $1.
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BUSINESS
October 11, 1987 | JAMES F. PELTZ, Times Staff Writer
Like hundreds of other small companies, 3D Systems has been working on a technological breakthrough. 3D's machine, about the size of a refrigerator, uses lasers, ultraviolet lights and plastics to produce models of parts--for everything from automobiles to jet engines--in hours instead of the weeks required with conventional design materials such as modeling clay, foam, metal and wood.
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BUSINESS
August 25, 1987 | MARY ANN GALANTE
Daleco Holographics Inc., a subsidiary of Costa Mesa-based American Lightwave Corp., has signed a $348,000, four-year contract to supply holographic bus passes to a Northern California transit district. Under the contract, Daleco will sell the Alameda-Contra Costa Transit District more than 1 million of the cardboard bus passes each year. The passes are printed with a holographic image to prevent counterfeit cards.
BUSINESS
August 25, 1987 | MARY ANN GALANTE
Daleco Holographics Inc., a subsidiary of Costa Mesa-based American Lightwave Corp., has signed a $348,000, four-year contract to supply holographic bus passes to a Northern California transit district. Under the contract, Daleco will sell the Alameda-Contra Costa Transit District more than 1 million of the cardboard bus passes each year. The passes are printed with a holographic image to prevent counterfeit cards.
BUSINESS
July 15, 1986 | ALAN GOLDSTEIN
Helix Systems Ltd., a Canadian computer company whose operations are mainly in Canoga Park, named Richard H. Loeffler chairman and chief executive. Loeffler will report to Robert L. Abrams, founder and president of the company. Abrams was previously chairman and chief executive but relinquished those titles because the "workload was quite demanding," a company spokesman said. Loeffler was previously president and chief operating officer of Los Angeles-based TRE Corp.
BUSINESS
October 11, 1987 | JAMES F. PELTZ, Times Staff Writer
Like hundreds of other small companies, 3D Systems has been working on a technological breakthrough. 3D's machine, about the size of a refrigerator, uses lasers, ultraviolet lights and plastics to produce models of parts--for everything from automobiles to jet engines--in hours instead of the weeks required with conventional design materials such as modeling clay, foam, metal and wood.
BUSINESS
March 15, 1994
Soligen Technologies Inc., a Northridge company formed to commercialize a new computer-aided design technology for creating three-dimensional ceramic casting molds for metal parts and tooling, has begun trading its common stock on the American Stock Exchange's Emerging Company Marketplace. The technology is licensed exclusively to Soligen by the Massachusetts Institute of Technology. The Emerging Company Marketplace provides young companies access to the AMEX system.
SPORTS
November 7, 1989 | From Times Wire Services
Former Minnesota Vikings quarterback and University of California Coach Joe Kapp is returning to the scene of his greatest success to become president and part-owner of the British Columbia Lions. Stock market entrepreneur Murray Pezim, a major player in the Vancouver Stock Exchange who bought the Canadian Football League club from a failing community ownership in September, did not say what percentage of the team Kapp would own.
BUSINESS
June 19, 1986
Inocan Technologies Ltd., a subsidiary of Design West Inc. in Irvine, has filed for a $315,000 public stock offering with the Superintendent of Brokers for British Columbia and the Vancouver Stock Exchange. The company, formed to make and sell a water purification system designed by Design West, expects to sell 350,000 shares of common stock at 90 cents each. Inocan now is 46%-owned by Design West and Inotek Inc., itself a joint venture product-development company controlled by Design West.
BUSINESS
October 19, 1986
DWI Corp. said its Inocan Technologies Inc. unit completed an initial public offering of 350,000 common shares. Proceeds from the offering totaled about $250,000 and will be used to continue development of Inocan's Tandem-Flo pump, a device that boosts water pressure and is used in a filtration system that the company is developing.
BUSINESS
September 30, 1986
Helix Systems Ltd., a Canoga Park maker of durable computer-memory equipment, said Monday that it has agreed to buy S.A.R.R. Industries in Chatsworth for 345,000 shares of stock. Helix's shares, which trade on the Vancouver Stock Exchange, are hovering now at about $2 (Canadian), making the acquisition worth about $500,000 in U. S. dollars, based on present exchange rates. Another 100,161 shares of Helix stock may be issued to complete the acquisition if the stock's price falls below $1.
BUSINESS
July 15, 1986 | ALAN GOLDSTEIN
Helix Systems Ltd., a Canadian computer company whose operations are mainly in Canoga Park, named Richard H. Loeffler chairman and chief executive. Loeffler will report to Robert L. Abrams, founder and president of the company. Abrams was previously chairman and chief executive but relinquished those titles because the "workload was quite demanding," a company spokesman said. Loeffler was previously president and chief operating officer of Los Angeles-based TRE Corp.
BUSINESS
June 2, 1992
Shop Television Network Inc. said in a Securities and Exchange Commission filing that its stock has been delisted by the National Assn. of Securities Dealers for failing to meet all the NASD's requirements. The Burbank producer of television shopping programs said it had previously been granted a waiver from the NASD's new $3-per-share minimum bid price rule.
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