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Modtech Holdings, Inc. (MODT/MODT.PK) Wrap Up:

Modtech Holdings, Inc. engages in the design, manufacture, marketing, and installation of classroom and other custom modular projects. The company primarily offers modular classrooms in California and Florida; and commercial and light industrial modular buildings in California, Florida, Arizona, and Nevada. It also designs and builds modular buildings to customer specifications for a range of uses, including residential, governmental, healthcare, educational, airport, and correctional facilities; office and retail space; daycare centers; libraries; churches; construction trailers; golf clubhouses; police stations; convenience stores; fast food restaurants; classrooms; and sales offices. Thes...
www.modtech.com
399 Employees
Founded in 1982

Modtech Holdings, Inc. (MODT:OTC)

MODT Top Compensated Officers

Mr. Dennis L. Shogren
Chief Executive Officer, President and Direct...
Age: 55
Total Annual Compensation: $338.1K
Mr. Kenneth S. Cragun
Chief Financial Officer, Principal Accounting...
Age: 48
Total Annual Compensation: $209.4K
Mr. Ronald C. Savona
Senior Vice President of Operations, Presiden...
Age: 57
Total Annual Compensation: $229.6K

Executives, Board Directors

Compensation as of Fiscal Year 2007.

Key developments for Modtech Holdings, Inc. (MODT)

Modtech Holdings Deleted From OTCBB

Modtech Holdings Inc’s common stock has been deleted from OTC Bulletin Board effective November 17, 2008 on account of its filing Form 15. The company has been added to Other OTC.

Modtech Holdings File Form 15

Modtech Holdings, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the common stock is $0.01 per share.

Modtech Holdings Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2008

Modtech Holdings Inc. reported earnings results for the second quarter and six months ended June 30, 2008. Net sales for the three months was $13.4 million compared to $24.0 million for the three ended June 30, 2007, respectively. The decrease in sales in 2008 was primarily due to project delays and a continued general slowdown in all markets. Net loss for the second quarter of 2008 was $4.9 million, or $0.23 per share, on 21.4 million weighted-average shares outstanding, compared to a net loss of $42.9 million, or $2.00 per share, on 21.4 million weighted-average shares outstanding, in the second quarter of 2007. Net sales for the six months ended June 30, 2008 was $26.1 million compared to $51.5 million six months ended June 30, 2007. Net loss for the first half of 2008 was $9.5 million, or $0.45 per share on 21.4 million weighted-average shares outstanding, compared to a net loss of $42.4 million, or $1.99 per share on 21.3 million weighted-average shares outstanding, in the first half of 2007. The net losses for the quarter and six months ended June 30, 2007 include a non-cash goodwill impairment charge of $38.3 million.

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MODTECH HOLDINGS INC Financials

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