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they would need to call a shareholders meeting. such a call would be in an SEC-filing (there hasn't been one yet afaik), and would be announced well before (at least a nr of weeks) it happens.
so it won't be any time soon.
sorry, you are wrong. Ladd didn't buy any shares, he was given shares (as part of a stock incentive plan to management).
These filings only show sale-transaction after sale-transaction after sale-transaction.
not really that even. everybody knows the nasdaq rules, so everybody could have known when EBIO would be compliant again based on its shareprice and market cap. it's not secret info in any way. it's all hype and daytraders.
hahahaha. wow, this is the funniest post i've ever read on this board.
don't you guys care this thing has no fundamentals at these share prices?
hmm, what could possibly happen? perhaps a secondary after-hours, should happen one of these days..
the problem is the right fundamental valuation of this company is about 30 cents, the amount they have in net cash.
NO product in any clinical trial whatsoever, to get anything through three trials you need tens of millions of dollars at least.
maybe maybe at a valuation of 30, 40, 50 cents someone would be interested, but those days are long gone.
when the hype dies, there's nothing to support the price.
if the company has any sense they do a huge secondary offering any day now. this will give them the needed cash. because no way they'll ever have share prices like this ever again.
yeah it was a funny FB post, wasn't it? Too bad the arrest really did happen, check the records.
haha a lower entry point? no no this thing is completely and utterly worthless, i wouldn't be interested in a long position at any price.
it makes McAfee a tool as he continually commented on the share price, pockets his bonus after pumping the stock, and then suddenly says: sorry, commenting is illegal.
so while McAfee has been commenting on the MGT stock price nearly every day for weeks now (and in the process getting his 600K bonus), today he tweets this:
"Please people, stop asking me about MGT stock. it is extremely illegal for me to comment on it."
haha, what a tool.
McAfee? Genius entrepreneur? The guy made money setting up McAfee, but left in the nineties after the shareprice tanked and before it became worth billions.
All of his later ventures (yoga chain, Lehman Brothers bonds) failed, which basically costed him all of his millions.
The guy did 1 good things over 20 years ago, and has been losing money on business ventures, drugs and prostitutes ever since.
you don't see a difference between that and a man that wrote this on his facebook less than a year ago:
"I just got a new prescription for Xanax and one pill felt good. Two seemed better. The shootout was nothing remarkable. No-one was hit.
My Reply to the Register, http://bit.ly/1MMeKwv :
Yes, I was arrested while under the influence of Xanax. It was a brand new prescription received the same day of the arrest (see photo) and the physician neglected to warn me about driving while taking it.
As to the weapons, I always carry them and, unless one is impaired, they are legal to possess and carry.
The shootout with the police was highly exaggerated and in fact no one was even hit by a bullet, let alone harmed by one. The Police knew me and I don't believe their hearts were truly in the shootout, as it is not included in the official report. When I ran out of ammunition, I surrendered quietly and the officers and my self had a cigarette together and joked about my bad aim. "
"as long as he gets the job done" -> what job is that exactly? the job of tweeting random insults?
sorry, but steve jobs didn't have a history of endless arrests, supposed murder attempts, prostitutes, drugs, etc.
wow. can't believe you'd think such unprofessional behavior is actually a good thing.
mine still shows 148 K
uhm, no they're not. Interactive Brokers has 150K shares available to short as we speak for example.
I do not doubt the people behind Demonsaw or DVasive are driven, but they are driven to create a an anti-spy product. they don't care (or even seem to know anything) about monetizing. they think the stuff they create is so important they release it for free (or nearly free), and even then nobody cares. because let's face it, 99% of us let ourselves be spied on by our government without any further thought.
MGT is issuing shares like there's no tomorrow, and they buy stuff with those shares that might appeal to a privacy-nut, but doesn't appeal to everybody else. Mcafee is a complete nutcase, but even if he wasn't, with the stuff he's buying now this thing well never generate any meaningful revenue. with a, what is it, a 200M market cap this is not sustainable.
well i didn't write the article, but I can counter that one for you. Clore himself said he cleans sceptic tanks for a living in November on youtube. His buddy apparently works in construction.
how about we address some actual facts, instead of opinions. what SPECIFIC arguments are stated in the article that you believe to be false?
yeah i'm really desperate, with the prospect of a potential SEC-halt one of these days.
unless you give me some specifics, you do realize that's a very lame reply, right?
Well, show me where the article is wrong then? Can't wait.
Uhm no i do not. No idea what your point is.
sure, the nr of shares aren't the point. when every single insider is selling, why wouldn't you be? when the big boys are not coming in, but are all running away as fast as they can, that should tell you something.
yes he likely is. we know he sold all shares, we know all of his hedge fund buddies (Silverman, Brauser, Honig) all sold: everybody sold. the scam worked like a charm, the hype made these guys millions (and McAfee 600K in bonuses). now just wait for this thing to deflate back to zero. everybody happy except longs.
you can read it whichever way you like, but WE KNOW there are currently 23.8M shares outstanding (check the filings we do have). WE KNOW Ladd doesn't own 100% of these shares. So, from this we obviously know you are reading it wrong. I mean, it's difficult to argue on facts.
you should re-read the form, you misread it. 23 M is the ENTIRE nr of MGT shares outstanding (well, after McAfee completes his two useless acquisitions the float will be about 75M but we're not there yet).
Ladd sold out all.
apparently he thinks the company is worth way less than that. and as an insider, you'd think he knows.
he sold all (or is selling now) of his shares. why would he sell ALL of this shares if he thinks this isn't going down the drain?
it's a paid service. you need to subscribe to www.washingtonservice.com and you get the mail forms as well. Dow Jones, etc. subscribe to them, people like you and me don't.
ok, click on this link: http://www.goodetrades.com/wp-content/uploads/2016/05/mgt144.pdf
save it, rotate the thing, and look at the first page:
"Table 2: securities sold during the past 3 months", and read what it says. then get back to me, OK?
as i already explained, this stuff is subscription-based.
but did some searching, apparently someone uploaded one of them: http://www.goodetrades.com/wp-content/uploads/2016/05/mgt144.pdf
don't shoot the messenger, if you don't like the news.
the form 144 is an "intent to sell", what else is it for?
the second form 144 shows the shares registered in the first form 144 were already sold.
what more evidence do you need.
the form 4 will arrive shortly, don't you worry. just giving you a heads up here.
Ladd filed two seperate form 144's, basically intending to sell pretty much every share he owns.
Benzinga reported it, Dow Jones Newswires reported it. Form 144 don't have to be filed with EDGAR (altough transparent companies file them anyway, but that's MGT for you), that's why they don't show up in the filings (yet).
I can't link subscription-based content obviously, but do a Google-search and you'll find the news, as well as tweets from several people showing screenshots.
mcafee was out long long long before the 7 billion
because A. an analyst doesn't track a scam like this and B. a 133 PT would give this a 10B market cap. two apps with 100 users and a mad-men, yeah right. again, the name of the analyst and the bank and then we can talk. no analyst is covering this trainwreck, trust me.
again, the 133 PT is an obvious typo. if you disagree, do give me the name of the analyst plus his employer.
it's unethical MGT hasn't been halted by the SEC with the CEO promoting stock over Twitter and posting statement which contradict MGT's SEC-filings. it's only a matter of time though.
he's a 70 year old maniac who is pretty much broke and gets 600K in bonuses + another couple of 100K's a year telling a bunch of bagholders (that would be you) anything and everything they want to hear.
a stock promoter has a contract with MGT until mid-June. then the paid pumpers on this board will disappear, and we'll see who on this board actually didn't get paid to post all this nonsense (because trust me, many of you are).