Perma-Fix Environmental Services’ Board of Directors decided late last week to initiate a one-for-five reverse stock split that would take effect on Oct. 14, according to a Sept. 16 Securities and Exchange Commission filing. The move was strongly backed by shareholders at the company’s annual meeting, held Sept. 12, according to the filing. Perma-Fix has been considering in recent months a reverse stock split to increase the company’s share price and avoid being delisted by NASDAQ, which requires a minimum value of $1.00 per share. Perma-Fix’s share price has hovered around $0.50 for the past three months and has been under the NASDAQ minimum for several months. NASDAQ has given Perma-Fix until Dec. 2 to increase its share value to meet the minimum requirement. Perma-Fix’s stock closed at approximately 0.56 yesterday. Company officials were not available for comment yesterday.
NEW: Via public records request, I’ve been able to confirm reporting today that a warrant has been issued for DOE deputy asst. secretary of spent fuel and waste disposition Sam Brinton for another luggage theft, this time at Las Vegas’s Harry Reid airport. (cc: @EMPublications)
DOE spent fuel lead Brinton accused of second luggage theft.
by @BenjaminSWeiss, confirming today's reports with warrant from Las Vegas Metro PD.
Waste has been Emplaced! 🚮
We have finally begun emplacing defense-related transuranic (TRU) waste in Panel 8 of #WIPP.
Read more about the waste emplacement here: https://wipp.energy.gov/wipp_news_20221123-2.asp
Editorial: Sam Brinton’s credibility is now an issue 🔓