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Well, certainly there are many avenues they can take from here. We can speculate & debate till the cows come home on what is their best and most likely direction, but until they give word, we simply don't know. Certainly the underwriting would not have happened had the investors had any doubt as to if the company had the ability to repay the bonds with adequate return to justify it & if the name I came across in my DD is the same as discovered by inzane, we are in good hands.
Opportunity of a lifetime at hand here IMO
of course that's not always the case, it's the norm...
For instance, right now we are trading at sub 30c/share, if they were to justify why the share price was worth (say $25/share) and release the secondary offering @ $20/share. In this case, investors would buy up all the shares available on the open market before jumping onto the IPO @ $20/share. IMO, it's a possibility they do this, but seems unlikely in my view. They could release a series of PRs, highlighting the underlying value of the company, highlight the management, their accomplishments & vision for the company. Divulge the other assets under management. Then they could also initiate a buyback program to bring the PPS more in line with the true value here, BEFORE having a secondary offering. The decision is theirs, but in either situation, we will all be winners here IMHO...
sorry, ran out of posts yesterday...
There is no rule, they can sell at any price they want, but typically they need to give a reduced price to what is being traded to get people to buy them. I've been in 3 companies in the past that have done so & it's what I saw. Far different from a standard IPO
http://www.investopedia.com/ask/answers/07/secondary_offering.asp
It's just common sense, why would someone pay more for a secondary offering than they'd pay on the open market. But don't get me wrong, I expect us to make a strong push in the PPS before we see any sort of pullback. But it's also important to note, if they were to have a secondary offering at say $20/share, the average investor like you & me would never get the opportunity to buy it @ $20.. Good things are coming & in the end, it won't matter... We're going to see MEGA $$$ either way IMO
Usually a secondary offering is given as an incentive to get investors to buy. Topically it's at a 10 to 20% reduction to the current share price
Perhaps they don't care about the PPS at this very moment, but they surely will before they aim to sell the secondary offering... If it's trading at 25c, they'll have to offer new shares at 20c, but if we're trading at $25, they could fetch a good $20 +/share...
All will be revealed soon
Still amazes me to see the "Market Value" on the OTCMarkets website sitting at $43.7 million considering only one of the subsidiaries is valued at $4.1 billion... Without factoring in the other 2 companies, we should be trading at about $23.91/share. I'm so excited to see what management is able to do to drive in new investors to bring the PPS inline with the underlying value of this company in its entirety!!!
Anyone short or sitting on the sidelines will be kicking themselves for a lifetime IMO
Still is, but I believe it will be worth the wait
3 to 4 weeks is standard (next week or the week after)
And so shall it again
Poised to blow!!!
Drop some news & we're off to the races
GBHD.net is down, new site & updates coming???
Glad to see your still around these parts to enjoy the ride
263K shorted today...
Man it's not hard to remember when we didn't even have 100K in trades per day
Another great volume day here, huge change over what we used to see here. Clearly grabbing interest, much more to come
Beautiful DD yet again...
Epic & inevitable move ahead
Thanks for sharing
Hopefully they can get that taken care of when they complete the next quarterly report (just around the corner). But with all honesty, most here could care less about which OTC tear they are listed on, it's all about the J&J case
they have not yet filed with the SEC in order to uplist or you'd see it here http://www.sec.gov/cgi-bin/browse-edgar?company=Decision+Diagnostics&owner=exclude&action=getcompany
"More news pending, expecting higher highs" according to our IR firm, it's coming
I'm am a partial owner through my share position, nothing more...
It's like rooting for your home team & saying "we're going to win", though I have a much more of a role as a shareholder than I do as a fan.
But I am a big fan of this investment
The next financial statement will blow your mind & change everything for this company! We are not the same company we were last month, just not reflected in the PPS yet
Dido
Nice volume this morning
So I'm sure there are a few of you (like me) who have been wondering why would such a large company buy GBHD if they planned on changing the name, ticker & sell off all the existing assets?
My theory is that it probably cost them nothing, maybe even made a buck or two in the process. Even though they don't want the assets of GBHD, they did the auditing of them to see if GBHD was worth what they said it was, not for the purpose of figuring out if it was a good investment, but rather to determine if they could sell off the assets & recover their investment. So they'd be able to bring their private company public at no cost at all. That explanation makes a lot more sense to me.
Almost no selling into the bid, guess some realize where we're headed
You forgot to finish your sentence with "yet!", it's coming & soon
They'll be the ones helping us get there!!!
50% short today!!!
Ouch, that's gonna hurt
Record breaking volume day!
Excited to see the short positions traded today
It's on their timeframe, not ours
Agreed, but it's good measure to release the beast once all is in good standings. We'll have to wait & see what they do
Bold prediction on SEC filing...
Would love for you to be right, but I think they'll wait for the ticker change 1st
They're working hard to keep this bad boy down
Over 1 MILLION trades today!!!
700K in under 2h
I stand corrected
300K in 2 hours!!!
Nice
Our run hasn't begun yet! At this pace, we're going to be running a marathon
Move that decimal point over (2 times!!!)
Market is finally waking up to the underlying value of this gem. Still a long way to go to reach a reasonable valuation here, but if the volume remains, we'll get there eventually