Journalism in the Public Interest

Liberty Shares

Hinesville, Ga. | See all recipients in Georgia

This investment resulted in a loss to taxpayers. See below for details.

$17.3M Disbursed
$3.6M Returned
$1.4M Revenue to Gov't
$12.3M Net Outstanding
$17.3M Committed
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  • $3.6M Payback

    Jun. 30, 2016 Partial Repayment

    On 6/30/2016, Treasury completed the exchange of its Liberty Shares, Inc. preferred stock and warrant-preferred stock for common stock pursuant to an exchange agreement of the same date with Liberty Shares, Inc. As part of that transaction, Treasury immediately sold the resulting Liberty Shares, Inc. common stock to purchasers pursuant to securities purchase agreements, each dated as of 6/30/2016, with the purchaser parties thereto.

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  • $235K Revenue

    Aug. 16, 2010 Dividends payment

  • $235K Revenue

    May 17, 2010 Dividends payment

  • $235K Revenue

    Feb. 12, 2010 Dividends payment

  • $235K Revenue

    Nov. 12, 2009 Dividends payment

  • $235K Revenue

    Aug. 14, 2009 Dividends Paid in Aug. 2009

  • $222K Revenue

    May 31, 2009 Dividends Paid Through 5/31/2009

    This amount reflects the sum of dividends paid up to 5/31/2009

  • $17.3M Bailout

    Feb. 20, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
06/30/2016 Refund $3,600,000 CPP Partial Repayment
08/16/2010 Dividend $235,440 CPP Dividends payment
05/17/2010 Dividend $235,440 CPP Dividends payment
02/12/2010 Dividend $235,440 CPP Dividends payment
11/12/2009 Dividend $235,440 CPP Dividends payment
08/14/2009 Dividend $235,440 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $222,360 CPP Dividends Paid Through 5/31/2009
02/20/2009 Purchase $17,280,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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