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California Coastal Communities Obtains Court Approval of $184 Million Exit Financing
Jun 21, 2010
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IRVINE, Calif., June 21, 2010 /PRNewswire via COMTEX News Network/ -- California Coastal Communities, Inc. (OTCQB: CALCQ) announced that on June 18, 2010 it obtained approval from the United States Bankruptcy Court for the Central District of California of a previously announced $184 million commitment to refinance its Brightwater development proje...
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California Coastal Communities Obtains $182 Million Financing Commitment to Facilitate Exit from Bankruptcy
Jun 16, 2010
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IRVINE, Calif., June 16, 2010 /PRNewswire via COMTEX News Network/ -- California Coastal Communities, Inc. (OTCQB: CALCQ) announced today that it has obtained a financing commitment from an investor to provide $182 million of new debt financing to replace the Company's existing secured debt facilities. The commitment is subject to approval by the ...
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CALCQ Reinstates Prohibition Against Certain Stock Acquisitions to Protect Tax Loss Carryforwards
May 13, 2010
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IRVINE, Calif., May 13, 2010 /PRNewswire via COMTEX News Network/ -- California Coastal Communities, Inc. (OTCQB: CALCQ) announced today that it is reinstating a ban on acquisitions of additional shares of its Common Stock, under certain circumstances, in order to preserve the tax benefits of the Company's $164 million of net operating loss carryov...
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California Coastal Communities Announces New Stock Trading Symbol
Apr 27, 2010
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IRVINE, Calif., April 27, 2010 /PRNewswire via COMTEX News Network/ -- California Coastal Communities, Inc. (OTCQB: CALCQ) announced today that its common stock is now trading under the symbol CALCQ in the recently created OTCQB(TM) marketplace. This new comprehensive over-the-counter market tier includes the securities of over 768 SEC reporting c...
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CALC Receives Final NASDAQ Determination to Suspend Its Stock From Trading on April 27, 2010
Apr 22, 2010
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IRVINE, Calif., April 22, 2010 /PRNewswire via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced today that it has been informed that the NASDAQ Listing and Hearing Review Council (the "Listing Council") has declined to call for review the NASDAQ Hearings Panel's (the "Panel") prior determination to delist the Co...
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CALC Receives Nasdaq Determination to Delist its Stock From Trading
Apr 12, 2010
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IRVINE, Calif., April 12, 2010 /PRNewswire via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced that on April 9, 2010 it received a delisting determination letter from the Nasdaq Hearings Panel informing the Company that its common stock is scheduled to be delisted from the Nasdaq Stock Market effective at the o...
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/C O R R E C T I O N -- California Coastal Communities, Inc./
Dec 30, 2009
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IRVINE, Calif., Dec 30, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- In the news release, CALC Wins Nasdaq Delisting Appeal, issued Dec. 30, 2009 by California Coastal Communities, Inc. over PR Newswire, we are advised by the company that the second paragraph should read "April 26, 2010" rather than "April 26, 2009" as originally issued ...
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CALC Wins Nasdaq Delisting Appeal
Dec 30, 2009
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IRVINE, Calif., Dec 30, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced today that on December 29, 2009, the Nasdaq Hearings Panel determined to grant the Company's request to remain listed on The Nasdaq Stock Market, subject to certain conditions. The Panel's decision was based u...
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California Coastal Communities, Inc. Reports Third Quarter Results
Nov 16, 2009
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IRVINE, Calif., Nov 16, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) reported $1.6 million of gross operating profit for the quarter ended September 30, 2009 compared with $3.3 million of gross operating profit before inland project impairment charges for the comparable period of 2008. ...
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CALC Decides to Appeal Staff Determination Regarding Nasdaq Delisting
Nov 4, 2009
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IRVINE, Calif., Nov 04, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced today that it will appeal the previously announced October 28, 2009 delisting determination of the Nasdaq Stock Market Listing Qualifications Staff indicating the Staff's decision to delist the Company's commo...
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CALC Receives Staff Determination Regarding Nasdaq Delisting
Nov 3, 2009
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IRVINE, Calif., Nov 03, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced today that on October 28, 2009, it received a delisting determination letter from the Nasdaq Stock Market Listing Qualifications Staff indicating the Staff's decision to delist the Company's common stock from ...
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CALC Announces Voluntary Filing for a Plan of Reorganization to Extend Maturity Dates of Brightwater Credit Facilities
Oct 28, 2009
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IRVINE, Calif., Oct 28, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced today that the Company and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in order to extend the maturity dates of approximately $182...
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California Coastal Communities, Inc. Reports Second Quarter Results
Aug 7, 2009
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IRVINE, Calif., Aug 07, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) reported $1.9 million of gross operating profit for the quarter ended June 30, 2009 compared with $2.2 million of gross operating profit before inland project impairment charges for the comparable period of 2008. Net l...
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California Coastal Communities, Inc. Reports Profitable First Quarter
May 14, 2009
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IRVINE, Calif., May 14, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) reported $4.0 million of gross operating profit before inland project impairment charges for the quarter ended March 31, 2009 compared with $1.1 million of gross operating profit for the comparable period of 2008. Net ...
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CALC Subsidiaries Complete Transaction to Eliminate $28.7 Million of Project Debt
Mar 31, 2009
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IRVINE, Calif., March 31, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced that on March 31, 2009 two of its subsidiaries completed a deed-in-lieu transaction with an investor that had acquired the $31.2 million loan from IndyMac Federal Bank related to a subsidiary's 151-lot proje...
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California Coastal Communities, Inc. Reports Fourth Quarter and Annual Results
Mar 26, 2009
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IRVINE, Calif., March 26, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- - Fourth quarter delivery of 15 homes at the Company's homebuilding projects in Southern California (including seven homes at its Brightwater coastal development project) compared to delivery of 41 homes in the fourth quarter of 2007.
- Full-year homebuilding revenues...
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CALC Completes Sale of 17 Brightwater Model Homes for $25 Million
Jan 2, 2009
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IRVINE, Calif., Jan 02, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal
Communities, Inc. (Nasdaq: CALC) announced that on December 31, 2008 it
completed the sale of 17 model homes at its Brightwater community in
Huntington Beach, California to an investor for $25 million. The Company also
entered into an agreement wi...
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California Coastal Communities, Inc. Reports Third Quarter Results
Nov 7, 2008
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IRVINE, Calif., Nov 07, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) reported $3.3 million of gross operating profit before impairment charges for the quarter ended September 30, 2008 compared with $200,000 of gross operating profit before impairment charges for the comparable period of ...
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CALC Announces Completion of Amendments to $210 Million Credit Facilities
Sep 30, 2008
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IRVINE, Calif., Sept 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced today that it has completed amendments to its $210 million of credit facilities with two bank syndicates managed by KeyBank. The amendments defer $25 million of debt payments which were due at the end of 2008...
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California Coastal Communities, Inc. Reports Second Quarter Results
Aug 8, 2008
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IRVINE, Calif., Aug 08, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- California Coastal Communities, Inc. (Nasdaq: CALC) reported $2.2 million of gross operating profit before impairment charges for the quarter ended June 30, 2008 compared with $300,000 of gross operating profit in the comparable period of 2007 during which there were no ...
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