Daily Record Financial News &
Monday, January 25, 2016
Vol. 103, No. 051 • Two Sections
35¢ www.jaxdailyrecord.com
Unlikely company defies market
“If you end up going through life with something that you’re not really happy with, you’ve missed out on an awful lot.” Wildlife artist C. Ford Riley on finding a career
Photos by Fran Ruchalski
ParkerVision stock had 14-cent rise
C. Ford Riley is a self-taught artist who works in watercolor, oil and acrylic. He paints wildlife and habitats.
Following his heart into art Riley focuses on wildlife paintings
By Karen Brune Mathis Managing Editor Jacksonville artist C. Ford Riley paints what he knows best — the area’s wildlife and habitats. A native of Northeast Florida, Riley grew up in Ortega. The oldest of six children, he attended Robert E. Lee High School and then Shorter College in Rome, Ga., but returned to Jacksonville after two years. Self-taught, Riley works in watercolor, oil and acrylic. His work can be found in private collections, galleries, institutions and private homes around the country. He has been featured in national and international art competitions and in 2015, he was honored by the Florida House in Washington, D.C., as the state’s distinguished artist.
First Coast Success Riley, 63, lives in Mandarin with his wife, Elizabeth, and works in the studio he built next door surrounded by woods and the St. Johns River. When did you know you were an artist? When I was young, I always drew and my mother was an artist. I grew up around smelling the paints and watching her work, and I guess that instilled (it) in me at a very young age. There was a group of women that were all artists and I remember going to watch all of them paint. It was a festive affair, being around all of these people painting and enjoying life. Success continued on Page A-9
As you might expect, just about every Jacksonville-based public company’s stock dropped during the market’s correction this month, but you’d probably be surprised to find the one local stock that has defied the market. It’s ParkerVision Inc. Sometimes, a stock has nowhere to go but up. ParkerVision dropped 75 percent in 2015, finishing the year at just 23 cents. However, the stock reached as high as 37 cents Tuesday. Yes, that’s only a 14-cent rise, but that represents a whopping 61 percent spike. The stock fell back but still closed at 27 cents Wednesday when the overall market hit new lows, representing a net 17.4 percent gain for 2016. The only other Jacksonville-based company with a net gain at that point was Regency Centers Corp., at 0.8 percent. Investors have lost confidence in ParkerVision, which is developing technology for use in wireless products and has so far unsuccessfully sued some major manufacturers for patent infringement. However, the company did report some positive news Tuesday morning on its legal battles that gave some investors a glimmer of hope. Responding to a complaint filed by ParkerVision, the U.S. International Trade Commission said it will begin an investigation into the market for RF capable integrated circuits and products containing those circuits. Basch continued on Page A-7
Page
Riley paints in his Mandarin studio.
A-3
Sheriffs association against open-carry bill
Openly carrying a firearm became legal in Texas on Jan. 1. Two bills proposing expansion of concealed weapons permit-holders rights in Florida are being considered by the Legislature.
Public
legal notices begin on page
B-1
Special to the Daily Record
By Max Marbut Staff Writer Legislation that would change how Floridians may legally carry a firearm is ready for a vote in the state House of Representatives and still in committee in the Senate. But a majority of members of the Florida Sheriffs Association hope the proposed law doesn’t go into effect. The bills, HB 163 and SB 300, would make Florida the 47th state to allow people with concealed weapons permits to openly carry a firearm.
After a blind vote, which does not reveal the position of each of the state’s 67 sheriffs, the Florida Sheriffs Association came out against the proposal. The association said the new law would make it difficult for police officers to ensure public safety. The group also criticized the bills for omitting requirements for gun training and holstering. Clay County Sheriff Rick Beseler said he was one of 11 sheriffs who voted in favor of open carry. He said while he supports the association’s efforts generally, they don’t always speak for indi-
Published
for
26,851
vidual sheriffs, as personal opinions vary from issue to issue. “I don’t oppose the expansion of Second Amendment rights for law-abiding citizens and believe in our right to carry a weapon, concealed or openly,” Beseler said. Nassau County Sheriff Bill Leeper said law enforcement officers don’t make the law, they enforce the law. “But I don’t have an issue with open carry at all,” he said. Lauri-Ellen Smith, spokeswoman for Jacksonville Sheriff Mike Williams, said Williams declined Carry continued on Page A-2
consecutive weekdays