SMYD

AcronymDefinition
SMYDStall Management Yaw Damper (aviation)
SMYDSarasota Manatee Young Democrats (Florida)
References in periodicals archive ?
SMYD is also finalizing its arrangements with Stone Canyon Resources for the transfer of all of SMYD's oil and gas assets for all of Stone Canyon Resources' stockholdings (22,749,997 shares) in SMYD.
Completion of the stock exchange is subject to several conditions, including completion of the audit of AVRS' financial statements, completion of lock-up agreements from SMYD shareholders in which these shareholders agree not to sell certain of their SMYD shares for a one-year period, the payment of $250,000 to SMYD by SMYD shareholders holding an aggregate of 500,000 shares of SMYD common stock, and completion of agreements from SMYD shareholders holding an aggregate of 3,500,000 shares of SMYD common stock in which these shareholders agree to pay to SMYD an amount equal to $1,750,000 within 90 days of the closing of the Stock Exchange Agreement, or in the alternative, tender to SMYD for cancellation two shares of SMYD' s common stock for every $1 not paid.
In addition to the stock exchange between SMYD and the AVRS shareholders, the letter of intent also contemplates the transfer of all of SMYD's current oil and gas assets and liabilities to SMYD's largest shareholder in exchange for that shareholder's transfer to SMYD of 22,749,998 shares of SMYD common stock currently owned by it.