Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Coopers Park Corporation Announces Third Quarter Results

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/18/12 -- Coopers Park Corporation ("Coopers Park" or the "Company") announced today that the net income for the three and the nine months ended September 30, 2012 was $280,588 and $716,328 respectively or $nil per share and $0.01 per share respectively. Net income for the three and nine months ended September 30, 2011 was $1,245,205 and $4,119,565. Net assets per share as at September 30, 2012 was $1.61 per share compared with $1.59 at September 30, 2011.

The Company also announced today that it has been reassessed by the Canada Revenue Agency ("CRA") for the Company's taxation year ended in 2007. The reassessment relates to the reorganization (the "Reorganization") of the Company's wholly owned subsidiary, Coopers Park Real Estate Development Corporation. The Reorganization was completed in January, 2005. The reassessment revises the Company's taxable income for that year to $25,098,796, resulting in income taxes and interest payable of $10,570,383 to the date of the reassessment. As at September 30, 2012, the income taxes and interest payable for the 2007 taxation year were approximately $10,578,000, with interest continuing to accrue.

The Company has made a payment of 50% of the taxes and interest the CRA claims are owed for the 2007 taxation year, being $5,285,192.

It is possible that the Company may receive similar notices of reassessment for its 2008 and 2009 taxation years, revising the Company's taxable income for those years to $41,789,445 and $49,614,704 respectively and resulting in approximately $18,496,000 of additional income taxes and interest payable for those additional years, or a total of approximately $29,074,000 of income taxes and interest payable as at September 30, 2012, for the three taxation years of the Company ended in 2007, 2008 and 2009.

Coopers Park has engaged legal counsel. The Company remains confident in the appropriateness of its tax filing position and the expected tax consequences of the Reorganization. Coopers Park intends to appeal the reassessment and to vigorously contest the matter. However, there can be no assurance that the appeal will be successful. If the CRA is successful, the Company will be required to pay the balance of the taxes claimed plus applicable interest; the impact would be an increase to current income taxes and interest expenses as at September 30, 2012 of approximately $29,074,000 or $0.36 per share, and would reduce net assets per share at September 30, 2012 from $1.61 to $1.25. If these taxes are payable, interest would continue to accrue.

Coopers Park invests in multi-family residential condominium developments and in the information technology sector.

Contacts:
Coopers Park Corporation
Dennis Au-Yeung
Chief Financial Officer
(604) 895-8280

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Enterprise Open Source Magazine Latest Stories . . .
In 2014, the market witnessed a massive migration to the cloud as enterprises finally overcame their fears of the cloud’s viability, security, etc. Over the past 18 months, AWS, Google and Microsoft have waged an ongoing battle through a wave of price cuts and new features. For IT exe...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest techno...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for vi...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud ...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into it...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE