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It sure is quiet around here given how much excitement in today's trading!
I also use TurboTax and love it. And if questions cannot be answered via the program I can always call their 800 number and speak with a CPA at no charge.
Do you realize how much the TSA tested their equipment before giving them orders?
Charged with fraud. I believe I heard seven of them charged. Scheme defrauded platinum partners investors.
Oh yes, looks like it's flying today. Up 80% now but was up even higher earlier.
Ok thanks! Glta
Real nice.
I saw a large advertisement in our local newspaper the other day for Sensum cream. Has anyone here tried it and how does it work. Hopefully it works very well and will be a huge sales hit!
I did not realize that Breitling is a sponsor of Zapata.
http://mobile.breitling.com/en/news/details/breitling-takes-to-the-skies-with-franky-zapata-on-flyboardsup-sup-air-4450
News just out on the wires, Implant Sciences shareholders move forward with platinum partner investigation. This is out via the Dow Jones newswires, and has Lillian Rizzo from the Wall Street Journal as the contact.
Is he still the IR person? On the IMSC web site it says it is Bob L now.
The email at the bottom of the news shows Lillian.Rizzo@wsj.com.
I cannot provide a link the alert came via my TD Ameritrade account and it's the Dow Jones newswire.
Implant Sciences shareholders call for Platinum Partners investigation. This just came out on the newswire. The court filing asks that the books be turned over for review.
I wonder why the pick up in volume today?
Maybe LLL will buy them! That way the team stays all together
That is true, but I already lightened up previously. I'm holding onto the position I have until the very end. And hopefully there is a bright light at the end of this long tunnel.
So true. We know what our loss is if we sell right now. If there's a small chance in more of a gain in the future all the better. If I take the loss I'll use it against the large gains I have in other sales.
Well at least someone was there and knows it's not fake LOL
And how would you respond to the people who have seen the live events? It's not like they're only showing the product off in a controlled factory environment.
Interesting. This would give OSI a way to play/compete on the other solutions leading to the tunnel. Thanks very much.
For those of us who don't have the time to read through all the documents, can you tell us who the other interested company is? Thanks.
Yesterday on the L3 Dow Jones newswire, Implant Sciences won access to fresh funding to see it through a Chapter 11 sale. The Delaware judge on Wednesday said they can tap $1.5 million of the $5.7 million loan from a lender with ties to New York investment firm ATW partners. I can't post a link as it was from the Dow Jones newswire but it was listed under L3.
You and me both regarding the flyboard looking better and better all the time! The ironic thing is we should've all invested money in L3 instead. I actually bought some yesterday, it's one hell of a company.
I was told by investor relations that it was due to the attorneys. The attorneys and L3 are in control until the transaction is completed.
That may be correct, I am not sure.
Correct. And who in their right mind would not vote for Zapota at this point in time? Do you want a little bit of cash to shareholders? Or do you want that bit of cash plus potential upside with the new company.
I spoke with Glenn. And as far as how they would get on NASDAQ, it would probably be a reverse split.
I believe that is correct. People are panicking without knowing details. It would've been nice if they shared the details with us. But that has been par for the course. We will likely hear more on the call this week. In any case, if the shareholders vote for the Zapata transition, there is potential for nice upside for current investors. Investor relations told me that he has been getting calls from all over the world interested in investing in Zapata.
I was told it would be under the IMSC symbol.
I spoke with investor relations this morning. He told me that this process eliminated a shareholder vote of the sale to L3. A judge needs to approve the bankruptcy in the next 90 days. At that point L3 takes possession of Implant Sciences assets. Shareholders vote on whether or not to make the transition to Zapata or take the cash balance difference which is likely about $20 million. If the vote goes in favor of the Zapata transition, we own a company with $20 million in cash approximately, and zero debt to trade on the NASDAQ.
I think it is good for raising cash. But bad for the short term stock price.
The investor call will be on 10/13 at 415pm
Must hurt to be short this one!
He is the one. CNBC mentioned it this morning. With him gone things look much brighter. That's why we are up 25% today.
They don't even know if the thing flies yet.
Yes, you can look it up anywhere.
Ok thanks. Anyone else have any ideas on this in that case?
What is platinum has no plans to sell Zapata. What if it just wants to make profits long into the future from sales. And they could eventually sell to another company.
Imsc could have decided to go bankrupt at any time. Personally I am glad this new debt free company will have a chance to excel. Time will tell but if IMSC went bankrupt before we would all have nothing.