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 . . .
DevOps is a discontinuous innovation in the way organizations develop and deliver software. And as with any new discontinuous innovation, the implication is that creative destruction will follow. Companies that hold on to legacy business and technology models, without pursuing the ev...
What are the benefits of using an enterprise-grade orchestration platform? In their session at 15th Cloud Expo, Jeff Tegethoff, CEO of Appcore, and Kedar Poduri, Senior Director of Product Management at Citrix Systems, will take a closer look at the architectural design factors neede...
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and ma...
Here’s the presentation I gave at the Linux Foundation’s CloudOpen in Dusseldorf on October 13, 2014 titled Mixing Your Open Source Cloud Cocktail Add two parts virtualization, one part orchestration add a little networking shake and pour. Unfortunately cloud computing isn’...
There's fog coming to the world of IT. Some people are calling this "The Cloud." This fog turns everything inside out. It will take your monolithic applications, the guts of which are contained within large bodies of code, and break them apart so that discrete units of functionality a...
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g.,...
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