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microwave filter co inc (MFCO) Snapshot

Open
$0.45
Previous Close
$0.45
Day High
$0.45
Day Low
$0.45
52 Week High
03/27/14 - $0.69
52 Week Low
07/18/13 - $0.32
Market Cap
1.2M
Average Volume 10 Days
666.9
EPS TTM
$-0.07
Shares Outstanding
2.6M
EX-Date
07/11/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MICROWAVE FILTER CO INC (MFCO)

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microwave filter co inc (MFCO) Details

Microwave Filter Company, Inc. designs, develops, manufactures, and sells electronic filters for radio and microwave frequencies in the United States. It manufactures RF filters and related components for eliminating interference and facilitating signal processing for cable television, broadcast, commercial and military communications, avionics, radar, navigation, and defense markets. The company also designs waveguide, stripline/microstrip, transmission line, miniature/subminiature, and lumped constant filters. Its configurations include bandpass, highpass, lowpass, bandstop, multiplexers, tunable notch, tunable bandpass, high power filters, amplitude equalized, delay equalized, and filter networks. In addition, the company, through its subsidiary, Niagara Scientific, Inc., custom designs case packing machines to automatically pack products into shipping cases primarily for food processors and other commodity products; and sells spare parts. Microwave Filter Company, Inc. was founded in 1967 and is based in East Syracuse, New York.

40 Employees
Last Reported Date: 12/19/13
Founded in 1967

microwave filter co inc (MFCO) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $110.4K
Chief Financial Officer, Vice President, Secr...
Total Annual Compensation: $104.0K
Compensation as of Fiscal Year 2013.

microwave filter co inc (MFCO) Key Developments

Microwave Filter Co. Inc., Annual General Meeting, Mar 05, 2014

Microwave Filter Co. Inc., Annual General Meeting, Mar 05, 2014., at 10:00 US Eastern Standard Time. Location: the Best Western Plus Carrier Circle, 6555 Old Collamer Road South. Agenda: To consider the election of 3 directors to hold office until the Annual Meeting of the shareholders at which their term expires or until their successors have been duly elected; and to consider the ratification of the appointment of EFP Rotenberg, LLP, Certified Public Accountants, as the company's independent registered public accounting firm for the 2014 fiscal year.

Microwave Filter Co. Inc. Enters into Ten Year Term Loan with KeyBank National Association

On July 2, 2013, Microwave Filter Co. Inc. entered into a Ten Year Term Loan with KeyBank National Association in the amount of Five Hundred Thousand and No/100 Dollars ($500,000.00). The amount of all advances outstanding together with accrued interest there on shall be due and payable on July 2, 2023 ("Maturity"). The Company shall pay interest on the outstanding principal balance of this Note at the rate per annum equal to 4.5%. The net proceeds from the Term Loan will be available to provide working capital as needed. The company has secured this Note by: (a) a Mortgage, Assignment of Rents, Security Agreement and Fixture Filing which creates a 1 lien on real property situate in the Town of Dewitt, County of Onondaga, and State of New York and known as 6743 Kinne Street, East Syracuse, New York; (b) a General Assignment of Rents and Leases; (c) an Environmental Compliance and Indemnification; and (d) such other security as may now or hereafter be given to Lender as collateral for the loan.

Microwave Filter Co. Inc., Annual General Meeting, Apr 10, 2013

Microwave Filter Co. Inc., Annual General Meeting, Apr 10, 2013., at 10:00 US Eastern Standard Time. Location: Best Western Plus Carrier Circle. Agenda: To consider the election of directors to hold office until the annual meeting of the shareholders at which their term expires or until their successors have been duly elected; to consider the ratification of the appointment of EFP Rotenberg, LLP as the company's independent registered public accounting firm for the fiscal year 2013; to hold an advisory vote on executive compensation; to hold an advisory vote on the frequency of the advisory vote on executive compensation; and to consider a shareholder proposal described in the annexed proxy statement.

 

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