medical/part time investor
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Yes as profound as that seems at the surface, it’s beginning to seem plausible? 10 years and I still have to see those useless cuspids in my account...really ? For what? Takes that long to find and liquidate assets! If there’s nothing logic tells me should been easy to close this long ago. If it’s massive should we not have seen some dribbles at least trickle down by now? Further I can not understand the advantage for the merger for equity for this merger! NSM gets our NOLs, but what do we get ? A few shares converted to a speculative company merger for years of holding worthless escrow markers...I rather just take the loss and maybe just write it off and wipe my hands clean of this convoluted mess! Thoughts?
No that’s why we signed releases. My greatest regret is when we signed releases we signed off to no retribution...imho equity will likely see nothing to little. My truest hope is when the LTI is finally closed that someone , somehow and someday will do extensive post forensic accounting and give equity a true unbiased autopsy on this bankruptcy. I truly believe there is deep fraud hidden someone buried in this mess...why then were releases necessary to begin with. A lot of this mess just does not make common sense to me...maybe I’m the only fool who has that perception??
Yes sounds similar to what I'm experiencing! The shares that were posted yesterday in my fidelity account have been removed! Now all I see is $1.73 posted statement essentially in lieu of escrow! My scottrade account now shows new shares of Wmih at a ratio do 0.0005 of old UQ to new Wmih but no cash in lieu of shares unlike fidelity! Very puzzling to say the least! I suspect I'll be talking to fidelity broker later to figure why these changes happened!
I can't awnser for anyone else! I can only report to best of my ability the objective findings from my fidelity account at this juncture. I was/am hopeful that others here are seeing the same conversion factor as I presently show with fidelity...I truly hope this doesn't later turn out to be an error on the part of fidelity or in some form I've made an error in calculation!
Nope! I never purchased K's whatsoever! So I'm somewhat puzzled at the moment! I'm waiting to see what happens in my scottrade account to see if anything similar shows? So far scottrade still showing no new shares so can't comment! I actually own the bulk of my U shares with scottrade so I will be quiet interested to see if things are at all similar!
I also show that same message in my fidelity account! Anyone understand or have verification as to the meaning of that message?
Obviously fidelity must have a miscalculation then!
I previously held 30000 shares of WAMUQ! They now show 103 shares of WMIH!
I believe Big Ben you have hit the nail on the head in your assessment ! Cheers to you!
Where did you see that? I sure can't find that info on scottrade ?
Wth? Scottrade frozen on OTC ? Are you guys having similar problems?
Wth? Scottrade frozen on OTC ? Are you guys having similar problems?
My feelings as well! I understand the reason for dilution, but doing both events at same time ? I've seen this play out before ! My experience with small biotech companies that R/S has not been rewarding, especially for long term shareholders! It is generally presumed that the sp will hold for uplifting requirements , but generally my experience is fear predominates and shareholders panic and sell! Some presume this is short term, but for many it actually chases away some longs and confidence in the company and its technology overall! I truly hope I'm am wrong for I am a long in this stock, but having been burned on several such plays before and " the promise of the technology" and promises of mangt that these measures are necessary so they meet up listing requirements and need cash for clinical trial , etc...! Therefore pardon my deep skepticism how these events how now played out!
I sent email to company as well! However I am still discouraged Thierry was not PR' on front end leaving stockholders in the dark! Obviously Dr Seymore would of been aware of shareholders concerns once "the cat was out of the bag" if you will! Promises for brighter days ahead are only that to me, especially in the lack of communication now displayed by this action IMHO!
Fine but why no PR prior to R/S ! Further why can't we trade our shares today ? I'm stuck on the sidelines watching the pps decline only hoping that the future is as bright and hopefully as Dr Seymore forecasts!?
Very disingenuous by this company/scottrade! No forewarning about R/S that I was aware of! Nor forewarning of dilution! Further not able to trade my shares on scottrade this morning! Does this company have any loyalty to its shareholders? I truly wonder if there are any legal recourse we have as shareholders regarding this matter? I have been through several R/S and dilutions, however this is the first time I have not seen a PR indicating such ahead of time !
Not to doubt your credibility, but do you have a link to any ligitation taken against his assoc. or filed by his previous clients, etc...?
Long time investor since 07. I can't find anything on Newby myself, nor can I find much on esoft projects or info. Anybody else having any luck?
I personally will hold my positions, free shares since run up to .60. But would be willing to add more if I can verify today's PR as to its legitamacy,etc..!
You have got to be kidding me? Depose the EC? For what, you believe they are hiding assests? I guess it's good lawyers get paid by the hour! IMHO JMW needs to put a stop to this BS now!!! This seems nothing more than stonewalling and delay! Come on Rosen, might as well depose my ass as well! Please someone set my simple mind at rest, am I missing something here?
Does anyone have email address for the court where we can send our response?
I live in Memphis, Tn....I have not recieved letter either. I personally own over 100,000 common shares and remain "long"! How is it some have gotten this letter and others have not?
Huge news today. Been in below a dollar and continue to hold long. Suprise more main stream media hasn't pick up on this amazing information!!!
Ill sell mine to you at $24/per! You see to very interested in wanting us to sell, hmmm!!!
Sure but how can you prove that or hold him accountable?
Your absolutley right! Someone's credibility is on the line IMHO. I don't understand why were sold the bill of goods that today will be so huge? I guess the run up was anticipation of such and the sell off cooresponded to "selling on the news", otherwise!
Exactly, my impression from Agora was there was a significant announcement! What a waste of money for useless research!
OMG...We just surpassed infinity (.20 actually exists!!)
no it's .199999999 to infinity!!!
Yes the MM's don't realize the decade is .2010!!!
SCOTTRADE SHOWING BID .22 AND ASK .205, ANYBODY ELSE SHOWING SAME?
Anybody now the actual float, and has it been confirmed via the TA?
Can't find link provided. Do you have another web address for the company?
My read is bollinger bands suggesting oversold levels, suggest to me should see a retracement, IMO! Unless of course there is dilution and or MM manipulation?
Data looks excellent, being a physician myself as well as an investor I am truly excited. "The sky's the limit" IMO!!!
Locked and loaded and waiting for results to be released from recent safety data, for which I hope will be good.
I try and be a realist myself, and I will reserve my enthusiasm until I read of signed contracts with real sales. But I will say on the surface there maybe some true potential here, unlike what I have experienced with many of the pinkies that I have burned with before! Maybe, however, you can enlighten us on your scepticism and or insights that you may have?
What I believe what would help our cause is to know the exact outstanding share count? Then we could guesstimate based upon potential projected revenues a potential, of course if a buyout is truly forthcoming, offering PPS. Otherwise I feel we may be throwing numbers that are not realistic!
Since when is a buyout bad? Correct me if I am wrong, but usaually when a company is sold the seller intends to make a substantial profit. I would also assume a net value would have to be placed on EESO including revenues, assests and fair market value of it's authorized shares, etc...! Even more, when someone intends to buyout a company it's either realizing the company being bought has greater value, or due to potential elimination of competition. Please explain to us your reasoning to the contrary?
HAPPY DAYS ARE HERE AGAIN!!!
HAPPY DAYS ARE HERE AGAIN!!!
Hope your right. I am holding for now to see what plays out!