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they won't unload it any time soon imo
If they just merged with another company we are looking at 12 months minimum if they are using this shell. Otherwise I hope they just unload it now for our sakes. This has been brutal..
Had to know this was gonna happen eventually with the constant vile attack on the man's character. Just very thankful he survived.
100% agreed. Nothing to do but wait and collect cheap shares when able.
The good news is the shell is owned by a Vyome - a reputable biotech company, which will soon be a Nasdaq company. So, whatever they use it for... a subsidiary, or if they sell it, it will be a will be a professional situation. So we can take solace in knowing that at some point something good will come of LICH.
Going to have to stay locked in here at LICH for at least a half year or more until the board of Vyome Holdings decides what to do with the shell...harah reality
No, I went to the one in Philly a couple weeks back...there were some angry lefty mofos on the other side of the street ranting and raving their collective BS. So sorry for the poor guy who lost his life...I see these Demo-nuts on facebook bummed out that Trump didn't die...they are the worst party in American history
Wise decision......
Glenn, were you at the rally yesterday?
I think I'll let it fall a little bit more over the next few months.
I bought another 50,000 today - I'm done.
I need some help from you folks......
I talked to venkat and got pretty much the same info as you. He said it would probably take a couple quarters until they know what they will do with the shell. He said he will keep the shell current, but that they had sidelined the shell because of the merger ... again the board at Vyome Holdings will discuss what to do with the shell and a PR will be announced as to what the decision is. Looks like this is on hold for now so I am just going to hold...no other choice
Good luck! I think he thought I was you yesterday. He said - I remember speaking with you - you are the writer, right? :)
I am going to continue to try and get him on the phone maybe he will reveal a little tidbit
Yes. The more I think about it they will most likely LICH at some point for other companies under their umbrella. I got the sense that Venkat had a plan for it, but he wasn't sharing any details.
Looks like Vyome Holdings is going to be a big company
No real choice but to wait it out. As we saw yesterday with Vyome, things mysteriously happen when you least expect them to.
Thanks for trying.
The wait continues...may take a year for him to make use or sell the shell...really sucks...but I'll wait and hold...get another job in the meantime
Update from Venkat: I just got off the phone with Venkat. To my surprise he picked up the phone, and we had a nice conversation. The bottom line is he has nothing to say about LICH. He said that right now he is focussing on their current merger. He was very gracious and upbeat, but would only say that when they have plans for LICH he will issue a press Release. He stuck to that mantra throughout our conversation. That's the gist of it.
Thank you
Greatly appreciate it!!!!!!!!!
Hope you're right for all our sakes!!!!!!!!
I have called the company twice today, I'll continue to try and get some info...I may drive up to the office in Princeton in a couple days time
Smart, I think this is going to be used by Venkat..jmho
I just grabbed what was available at 0.0075 to add to my stash.
I could use more.....
Good point about no SELL OFF today...I am sure there are common shareholder with inside info and if that was bad they would have most likely dumped
last year or two tears ago, there was a holding company I was watching go from .0048 to .50 cents, there is still hope.
Now, perhaps venkat isnt under a NDA.. So, he should talk soon.. imho
AND, Now we are close to an answer on the whole enchilada....lets get this over with..good, bad ,in between.
ts
also, the fact a selloff has not happened gives me credence something is up for this shell. remember insiders own
a ton of this....TS...but who knows...
This is what I think too. I believe this will be a subsidiary or a spin off company from HIND. Hind
may have wanted one or two drugs to add to their pipeline. But, they may want Vyome to develop
the lesser or phase 1 drugs. This, they will spin LICH off the HIND shareholders and fund LICH?New ticker.
SO, we dont know...Joe charbenaue.....
TS
I called the company and the voicemail is full...we have lost a lot of money holding this shell over the past years...we deserve disclosure from Vyome asap
Tough morning seeing what happened with Vyome...Venkat owes us an explanation of what will happen with LICH...many years of silence on his part leaving us high and dry
Yes, maybe. As a holding company now, they my spin off a subsidiary.
If they were working on a reverse merger for Vyome into HIND, I can see why that took priority over doing something with LICH. Maybe now LICH will move to their front burner.
If they do have a plan for LICH, a little communication would be great.
Im wondering since they will now be called Vyome Holdings, if the use LICH for a subsidiary company?
Hi All, I can't sugar coat this. Vyome went public today through a merger with a Nasdaq company "HIND". I have reached out to Shila and Venkat to try and find out the future of the LICH ticker and waiting to hear back. I assume they sell it at this point but who knows. LICH is a good clean shell with a perfect share structure and I'm sure something will eventually come of it. I'll update the board if I hear anything.
https://www.globenewswire.com/news-release/2024/07/09/2910618/0/en/Vyome-to-go-public-and-trade-on-the-Nasdaq-Capital-Market-under-the-ticker-symbol-HIND.html
Great post thanks it's something
Shiladitya Sengupta (Shila) just liked a LinkedIn post regarding crossover rounds. Shila is the founder of Vyome. https://www.linkedin.com/in/shiladitya-sengupta-8441bb1/recent-activity/reactions/
It may mean nothing, but I just find it interesting that he liked this post. Shows what's on his mind. A crossover round is a type of venture financing where investors participate significantly in a private company's capital raise, and are often used by companies planning an initial public offering (IPO), especially in the life sciences industry. So we have 4 major Series D Vyome investors, Iron Pillar being the largest, all looking for a big pay day. I think we are experiencing the quiet before the storm. IMHO
Hopefully not this by Iron Maiden
Venkat is certainly taking his good old time...
I am going to get The Wave going Dubbie...I will record it!
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