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I think they'll post it when the filing is finalized. Plus they'll have to report to the sec at that point, so we'll start getting the 8-Ks. Just the start of the climb I hope... $YSTR
Yep. Also stated very clearly in the 8-K is the top two EHSK execs will be directors for Integumen. :)
Yep! The long term here is huge! Just waiting for the knee jerk reaction to subside before we start our climb up...
24%. It's stated very clearly in yesterday's PR. I believe the OS was going to be 15.8mil based on that number. Innovenn was going to have 30%.
I don't disagree. Just curious what the catalyst is... Looks positive to me. $EHSK is in bed with the right folks :)
Would love to know why people are selling today? The OTC makes NO sense sometimes lol
Nice to see bids moving up here... $YSTR
Ha ha nice! Fire sale going on right now. Apparently people don't know how to read? ;)
So my understanding of the 8-K is that $EHSK will be given shares of Integumen based at 1lb per share or $1.30 per share to buy the assets. So essentially $EHSK will own over 3 million shares of Integumen. Per section 5.14 in the 8-K, it appears $EHSK can distribute Integumen's shares to its shareholders. Since $EHSK has 115mil shares outstanding, the 3mil shares of Integumen would equate to 38.4 shares of EHSK = 1 Integumen share at par value of $1.3 US per share. So dividing $1.3 by 38.4 = $.034 CURRENT share value of EHSK. And now we have ZERO debt and own 24% of Integumen (Innovenn). And who thinks Integumen share value is going to go down? Long-term hold here with serious potential for major appreciation...
Nice action here lately.
New 52-week high today! Slowly creeping towards dollarland! $FRAZ
Totally agree!
1.3 US per 1 pound
So based on the percent that Venn (30%) and Enhance (24%) will own of Integumen, we can say that the current OS is 15,800,000 shares at 1 pound per share.
That's EHSK current value. Was building in Innovenn company value too since they are combining under Integumen. I was giving more the Integumen value, not current EHSK. Realistically this could be much higher, but I'm unsure what the SS is for Integumen at the moment.
Yeah but per the email from EHSK's CEO, the distribution would happen after the deal is finalized and the board has a chance to meet to decide the final outcome. Either way, the value of the stock should increase to the .05 range based on value of the company alone. We'll see...
I keep coming back to this email response from Enhances CEO to me a few months back...
Now that we know Integumen Ltd is also acquiring Innovenn and a few other successful businesses, I think it's safe to say the value of Integumen's shares will significantly increase making the deal worth so much more than face value!
Dear Mr XXXX,
Assuming the transaction goes forward Enhance will have investments being shares in Biosurface Ltd which have been valued at $3.5Million at current exchange rates and no liabilities. The Board would consider its option longer term in respect of those shares which may be sold and/or distributed to shareholders based on tax and regulatory consideration in best interests of shareholders. The value however could go down or up based on Biossurface and its strategy and exchange rates. We will be able to say more about the future strategy and Biosurface at time of asset sale.
Kind Regards,
Donald Nicholson
President & CEO
Enhance Skin Products Inc.
020 7226 8482 London
01349 867425 Scotland
Right?! Some not so savvy traders here. There is so much to love about this agreement!
Yowza!!! I like this news... These guys are smart!
LOVE THIS!!!
Donald Nicholson, Enhance's President & CEO stated that " we are delighted to have entered into this strategic collaboration with Integumen Limited. The combined businesses should benefit from: diversified risk; existing sales of products and services; "cross-franchise" opportunities to incorporate patented technologies into new products; access to a wider range of core skills (including marketing, development and formulation) and critical mass for enhanced access to capital."
Declan Service, Integumen's CEO stated " we see Enhance's Visible Youthâ„¢ assets as a key component of the Integumen Group. The consolidation of branded products at different stages of commercialization, within a niche range of commercial markets should enable the combined group to build a sustainable business focused on the consumer and professional OTC healthcare markets".
Not filing has nothing to do with cash sometimes. You might be right, but that's not always the case. Seeing some things happening behind the scenes means maybe they're not dead in the water yet...
I see they have an updated Lynkos account via 'Lynkos.com'. Looks like it was updated last week. Also I see a couple of newer documents in the Google case, but I don't have a pacer account to be able to pull them up. Looks like a couple documents in June 2016. Interesting since it had been over 2 years. Maybe they heard back from the patent office on their claims?
Other than that, just trying to follow the 'Visual Real Estate' trail down the rabbit hole for any tidbits.
So I see a pulse still... And that 1 million bid is a big signal to me that someone knows something or why would someone drop $10k in this? Very interesting stuff here...
$MVPI
Looks interesting so far. Took a starter... Will do some better DD later.
Cuba and the United States will hold today in Washington the 4th Meeting of the Bilateral Commission.
An official note issued by the Cuban Ministry of Foreign Affairs (MINREX) announced that the topics of the previous meeting, held on May 16, 2016, in Havana, will be reintroduced and that "they will agree the new steps that both parties will take during the rest of the year to advance in the process of improvement of relations."
Together with the first meeting on migratory security and the flow of goods between both countries, held on Wednesday, September 28, the 4th Meeting of the Bilateral Commission in Washington is included among the talks begun in November.
The Cuban delegation will demand once again the lifting of the blockade, the return of the territory occupied by the Naval Base of Guantanamo, and the end of the preferential migratory policy toward Cuban citizens.
As a mechanism to monitor bonds between the two countries after the reestablishment of diplomatic relations, the Bilateral Commission was created in August, 2015. Its first meeting was held on September 11 of that same year.
web@radiorebelde.icrt.cu
8-K seems very positive (reading between the lines). Hold on tight folks! $EHSK
Right? Nothing of substance yet? Crazy that they keep dumping on news and people think this a good company... Just checking in, but nothing seems to have changed. I assume the Penida deal is done too? Had their chance with some big players and BLEW IT. So disappointing...
What ever happened to the BW Global test with the aquaphonic greenhouse? Any know?
The price action today wasn't based on bid support, but rather timing. I've seen this many times. Right at the start of the day, the MMs becoming live slowly. Sometimes a market order is in the night before and triggers before all the MMs come up for the day (about a 15 second lag sometimes). That creates a quick spike down (or up). It doesn't impact strength of the stock, just a timing thing. As you will notice, the bid and ask are the same as before. So any buy or sell will reset the price to 'normal' levels.
That's what I thought? Have to read the rules better... :)
It's a steal. I'm already sitting on 3x's that amount ;) News = BIG $$$
30s going...
Someone smart! Wasn't me, I'm fully loaded...
Very excited for next week! Seems the extension timeline might be telling us something good. The timeline was only good in good faith of negotiations, so no need to prolong if this was dead in the water. Think we see a signed agreement next week. Might be time to buy in for a few more...
Shhhh! Aqua can have 10% in $MNII, I'm going for 10% in the other ;)
Fair enough. But I also think we are putting too much emphasis on the presidential candidates. The embargo is congressionally driven. And Obama really hasn't done anything with Cuba himself. I'm not sure that the committee in charge of relations with Cuba switches during this election or not.
And maybe the most important fact that everyone seems to be overlooking, is that Cuba seems unwilling to resolve this issue quickly. They are trying to hold the cards and determine the outcome. While I believe they are backed into a corner economically, they don't care. This regime currently does NOT have its best interest of its people and will have to be removed first.
This is so complex, but holding as long as I have to. Could be resolved in a few months or many, many years.
And even if they say they've reached a resolution, it could still be years before we see any of the money. Might be two new presidents from now lol.
It's crazy that people don't think this is a good thing?! That means maybe our negotiators won't just take the minimum to eliminate the embargo. I think this is big plus for stakeholders here. Basically making Cuba the claims before removal. This can happen at any point. This extension basically forces Cuba to pay up before they can move on. And runs it into the next presidency.
Cuba says they want a slow burn to get this right...well they got it lol. I'm here for decades if I have to be!
Remember interest only goes up with time! Love me some more cheapies...
I agree lol! Look at L2 today... Crazy thin to dollars...
Everyone needs to put the word out to their congress person! Pay the bill before removing the embargo. Or make it a package deal. Removal of the embargo, is not in our best interest and for those that lost so much. Just feeding the current regimes flames which will NOT help the people of Cuba or us.
Yep, that's why I loaded most of my shares here. And will continue to do so on dips. 575k OS vs 1.28mil OS is 2.2 times better payout. Plus larger claim. Seems like no brainer, but the chatter is stronger on the other one and most bought that one first not knowing about this one. If other one is 2.2x's less in PPS, will load that one. Just going on discounted dips on either :)
A couple things in response to your question...
1. The AS is 5 million per the NJ SOS site. So that's the max they can dilute to.
2. The lawyers are the ones that own the majority share (Nick and Carlos), so it doesn't make sense to dilute to themselves.
3. Diluting shares come with the risk of not having 50% of the shares in US citizen hands, which will void the claim.
Shares haven't been diluted for 40+ years, so I doubt this will be an issue.
Good question, but remember this used to be a big boy stock, not OTC. No need to dilute and the Nick wants to repay those that were wronged (shareholders and company owners).