Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nah...off shore attack man...this is their last chance to attack!
it's the NAKED SHORTING ATTEMPT...from ahem ...cough....cough...
Looks like BEARS just want to point to page 4 of the prelim filing...
STILL NOT DARE TO POINT TO THE INFO. ON PAGE 16 WHICH SHOWS ACCELERATED OPTIONS VESTING DUE TO CHANGE OF CONTROL.
Shares count increased from 75K (2016) to almost 800K (page 16).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133219861
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133219861
Like always...early morning...a long candle of NAKED SHORTING from ahem...cough...cough...
Someone is playing game on a few trades on pre-market...makes it looks like a GAP DOWN...
https://www.interactivebrokers.com/en/index.php?key=amda&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
not much shares available to short...MORE LIKE NAKED SHARES LEFT TO SHORT BY ahem ... cough ... cough.
One good thing... it attracts more traders/flippers, then later they turn into "longs" investors as the risk vs. reward is too sexy.
Possible...
If you read the AMDA's prelim 8K carefully again...
There's a piece of info that hints you it will be all done BEFORE 4Q.
Looks like it will be a gap closing day.
I am not sure what pps will be before the HALT man...But if I could choose, the best hope is not HALT during trading hours (the part that says "at least ten minutes before"):
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133120557
Best to announce BO news is:
1. Early Pre-market morning
2. After market closes
3. Randomly on the weekend
This way, the MMs will not have a chance to scoop up shares from others!!!
This is the example of how accelerated options vesting on Change of Control Severance Plan (“COC Plan”) in details:
https://www.sec.gov/Archives/edgar/data/1044590/000119312513182073/d517539d10ka.htm
7 months before the above link, they asked to boost the total options to 3 mils shares, which matched up with the details breakdown inside the above link:
https://www.sec.gov/Archives/edgar/data/1044590/000119312512159726/d317545ddef14a.htm#toc317545_36
So kinda similar scenario with AMDA but diff. amount of shares asked.
Also, it further validated the 2.1M voting power from Shabby is correct based on AMDA's Friday Prelim Proxy. Info. on Form 13D/G was used not the current shares form 13F-HR/A which showed 1,809,617 shares.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133222032
Bears' "Fear, Uncertainty, Doubt" tossing game failed again! (Bears claimed the Shabby voting power total shares were wrong on the prelim proxy)...SMH.
All I tell you is 1000% is too less!
It will be a halt of the century.
You all will be remember this for the rest of your life.
Wow great info!!!
https://www.google.com/search?q=silicon+nitride+bearings&oq=silicon+nitride+bear&aqs=chrome.0.0j69i65l2j69i57j0l2.5086j0j7&sourceid=chrome&ie=UTF-8
gazillion companies out there have si3n4 though....
BUT ON THIS PLANET EARTH OR EVEN UNIVERSE OR EVEN GALAXY...OR MILKY WAY...
ONLY AMDA'S SI3N4 TECH IS MEDICAL GRADE!!!!
& EVEN BETTER IT HAS CSC (Cancellous Structured Ceramic) TO PROMOTE BONE GROWTH...
ESP. THE 2ND GEN...190% VS. THEIR 1ST GEN THOUGH....
also, as soon as the day their MC2 Si3N4 hip/knee products clearance (Zimmer will take care of that post acquisition...IMO...I believe..."
They will stop using Ceramtec Knee & Hip...THEN, slowly eating into Ceramtec's lunch too...I believe so...
Why? Because it's a better product & biomaterial than ZTA from ceramtec which has an issue of crack, shatter risk & make squeakiing noise too! Also, Boston said in his post about the particles in blood...ewwwwwwwwww.
Gute Nacht!
wink* wink* wink*
my habit to wink @ new friend!!! I beg your pardon...
CYTR never have all the sticky posts events...+ many others after that.
it could be purposely grants the same # of options/covert to shares...nothing to be alarm of...
Will email IR for confirmation....
I bet it purposely matched the same award amount like 2015...
LOI was signed on 2015 ....
i would guess they wanted to sell the company back in 2015, but was changed of plan.
It might change to July 27th, 2017 or July 31st, 2017
or
August 4th, 2017...etc...depends on the BO news announcement date...IMO.
it's a prelim proxy ...the def proxy will be out soon.
Shabby current shares = 1,809,617 shares (form 13F-HR/A)
https://fintel.io/so/us/amda
&
Shabby Form SC13G = 2,100,000 shares
https://fintel.io/soh/us/amda/sabby-management-llc
So the prelim proxy shows 2.1M from shabby as voting power!
which is correct! not flaw # of shares...matched exactly with the previous example.
It's a "safe net"...just in case...the deal will be annouced after August 1st = less than 10 trading days til deadline (August 14th).
Plus, yesterday was the last day to legally file the proxy ...see my last post for info.
Here is an example of appeal hearing required the proxy to be filed first:
http://investors.vcel.com/releasedetail.cfm?releaseid=429181
Also, please read the previous post too...info & links on nasdaq about proxy requirement before appeal hearing.
What I am thinking is the proxy has 2 purposes:
1. requirement for the appeal hearing to buy time for the tender off period
2. to let everyone knows about the accelerated vesting options triggered & converted to common shares (increased from 75K in 2016 to almost 800K this year) = change of control = SOLD (pending 8k news)
The bears might spin & say that options for voting power, it's not!
example from this company:
https://www.sec.gov/Archives/edgar/data/1018724/000119312517120195/d334778ddef14a.htm
(page 25)
You won't see they mention about their current options can be used for voting power like the bears spinning.
http://www.nasdaq.com/symbol/amzn/insider-trades?page=2
Another point:
pay attention to vanguard # of shares, it says 25,136,813
but on their current shares count is 26,099,271:
https://fintel.io/so/us/amzn
why not use the current share count??? the rule is to use 13D/G info...not the 13F-HR info!
https://fintel.io/soh/us/amzn/vanguard-group
you see the line says SC13G = 25,136,813 shares which matched the top vanguard # of shares on their proxy.
So the bears might spin & said the flaw # of shares in the prelim proxy is lying.
NO LONG SHOULD BE PANIC! DON'T FALL FOR THE R/S PRESSURE TO SELL YOUR SHARES!
First, open your calendar and count the days from yesterday to August 14th, 2017. It's 24 calendar days exactly.
https://www.timeanddate.com/date/durationresult.html?m1=07&d1=21&y1=2017&m2=08&d2=14&y2=2017
In between, It's only 18 business days, which is even less than the minimum business days rule. Based on this, 20 business days minimum required from prelim proxy to voting day (Maybe by electronic filing):
https://www.law.cornell.edu/cfr/text/17/240.14a-101
They DON'T intent to do R/S, but instead the proxy filing is to satisfy the requirement for the appeal hearing to buy 180 days to stay listed (ENOUGH TIME FOR THE TENDER OFF PERIOD FROM BO NEWS ANNOUNCEMENT DAY TO THEY FILE FORM 25-NSE TO VOLUNTARILY RETIRE ITS SECURITIES...TENDER OFF PERIOD USUALLY TAKES 60 DAYS MAX.)
Also, why wait til the deadline day (August 14th) to be over $1 to vote for R/S. If they want to R/S to meet the 10 trading days rule to be over $1 to solve the listing issues The first trading day to be over $1 should start on July 31st. It means the R/S voting results should be 3 days prior to July 31st, which is July 28th. Then you have to move back 24 calendar days rules (20 business days rule), the prelim proxy should have been filed back in the first week of July.
Inclusion, the prelim proxy from yesterday is to satisfy the requirement for the appeal hearing to get more time to finalize the acquisition (stay listed during tender off period = buy back all fully diluted shares count @ BO price per share)
https://listingcenter.nasdaq.com/Material_Search.aspx?cid=1&mcd=CD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133209694
In the above post of combined info. from Boston & this:
https://money.stackexchange.com/questions/57971/stock-options-what-happens-if-i-leave-a-company-and-then-an-acquisition-is-fina
It explains why the "60 days from July _, 2017" context is in the options section (page 16 on the prelim filing from yesterday). If I predict it correctly, the blank space will be the date they announce the BO news once we see the official Proxy SEC filing plus one more item will be added is to vote on the acquisition (one or more of the foregoing Proposals)!
THE BEARS BASHING POSTS WILL NEVER EVER DARE TO TALK ABOUT THE ACCELERATED VESTING OPTIONS. BECAUSE IT LEADS TO THE CLUE OF CHANGE IN CONTROL (ACQUISITION)
Puzzle piece #9 Insider Holdings isn't much, but shareholders voted to increase managements option pool. Why else would management ask for 800k increase (3 fold increase)?
If i read this correctly...
Proxy must be filed before appeal hearing to buy time (180 days more)...plenty of time to wrap up the BO process.
https://listingcenter.nasdaq.com/Material_Search.aspx?cid=1&mcd=CD
They must show the committee the intent to fix the $1 issue (hence the voting to R/S is part of the game) similar to asking for mercy before sentencing by the judge in court:
Think of "Character Letter of Support to a Judge" to beg for mercy:
http://www.brodenmickelsen.com/blog/character-letter-of-support-to-judge/
So when appeal hearing is actually happen 2 scenarios:
The $1 issue already fixed (If BO news before August 1st)
or
The appeal will be heard in the middle of tender off period & grant more days to stay listed until the tender off period is done, then they will voluntarily remove the listing. (If BO news after August 1st)
SAFE NET!!!
& purposely voting on the last day of deadline of listing...
It's time buying intention.
No.
There is so illogical if the intention is just to fix the $1 share price issue.
It's more than just that...
If you are a real longs...have your hard earned money invested...
I would suggest don't read into the bears' spinning BS...
There was a good reason they drop this prelim on Friday AH, they know page 4 will cause panic esp the inexperienced investors. Until the time you read to page 16 & compares the share counts by BOD to last year's proxy. THEY GIVE INVESTORS MORE TIME TO READ INTO THE PRELIM & FIGURE OUT WHAT IS ACTUALLY THEIR INTENTION TO FILE THE PRELIM. Imagine if this was filed on Monday morning, panic sell-off will happen just quickly based on info. on page 4!!! So stay calm!
Form 4 might not be due until the 10th of next month based on this:
http://www.nasdaq.com/quotes/sec-insider-form-4.aspx
Also, look at this morning, they keep spinning about R/S...
& complain about there are flaw about the shares on the prelim...even the funds holding is flaw...
Puzzle piece #9 Insider Holdings isn't much, but shareholders voted to increase managements option pool. Why else would management ask for 800k increase (3 fold increase)?
Thing is falling into places correctly.
Yah right! R/S is real (everything negative is real, the positive is fake)
Based on the bears, shares owned by BODs thru. accelerated vesting upon a sale of company is FAKE.
http://venturehacks.com/articles/acceleration-sale
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133209694
Tender off period takes at least 40 to 60 calendar days most of the time, below you can see 2 examples:
1. BO news on May 31st & Form 25-NSE to voluntarily remove listing on Nasdaq on July 12th:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=cpxx&owner=exclude&action=getcompany
2. BO news on June 7th & Form 25-NSE to voluntarily remove listing on Nasdaq on July 13th:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001348324&type=&dateb=&owner=exclude&start=0&count=40
They need to stay listed on Nasdaq until the tender off period is totally done!
That brings back the theory of buying time from Nasdaq.
The r/s voting is just a game to buy time...like i mentioned in this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133211859
& Smart, calm posters like this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133207482
K** C****:
"$AMDA of august 14 is the deadline and it is also the voting day, it is just a safety net imo"
Correct!
Good point!
You would notice the bears only focus on 1 part of the prelim filing: the R/S part...
They don't even mention about the part on page 16.
As they always complain about the insiders don't have many shares...
Now they show tons of shares on page 16.
What will be their excuses now?
Puzzle piece #9 Insider Holdings isn't much, but shareholders voted to increase managements option pool. Why else would management ask for 800k increase (3 fold increase)?
If they announce the bo before August 1st, then we can forget about this prelim voting...
If they announce the bo after August 1st, then it's a safe net to buy more time.
Also, they don't mention anything about how to fix the Hercules loan covenant.
Don't just read into the bears BS only.
Why would the insiders got so many shares then r/s, then dilute to kill the value of their shares?
hahaha...now the bears spinning sell amda for cheap price.
options vested = in case of change in control = layman term = SOLD!
For sure!
We will find out very soon.
All options in case of change in control fully vested!
Amedica Form 10K
For the fiscal year ended December 31, 2015
11. Commitments and Contingencies
The Company has executed agreements with certain executive officers of the Company which, upon the occurrence of certain events related to a change in control, call for payments to the executives up to three times their annual salary and accelerated vesting of previously granted stock options.
10 folds increase in shares ...options vesting?
change in control
that was just 1 example r/s before merger...
there could be more to the story like
AshvsEvilDead said too
share distribution in reverse merger is a reason to do r/s before merging too.
I am glad that this is out on friday AH...
more time to digest the filings...
or else it will be a panic
there is no dilution in the filings.
you mean the options to shares 10 folds?
2. to approve one or more adjournments of the special meeting, if necessary or appropriate, to solicit additional proxies if there are
insufficient votes at the time of the meeting to adopt one or more of the foregoing Proposals.
There could be more thing to this prelim
14 days + 10 days = 24 days rule
from today til august 14th...is exactly 24 days rule per delaware incorp. law.
First, you need to calm down pal:
https://books.google.com/books?id=yf_dqMSTj_MC&pg=PA408&lpg=PA408&dq=vote+for+reverse+split+before+acquisition&source=bl&ots=PEspKoKVMM&sig=jem_qktArUEo1v86OwHdjrl_bUU&hl=en&sa=X&ved=0ahUKEwjd9qu-u5vVAhVCyVQKHYrcBpoQ6AEITDAH#v=onepage&q=vote%20for%20reverse%20split%20before%20acquisition&f=false
case study # 1.
Look at the options shares...jumped 10 FOLDS
FROM 75K to 700K+
w/o any SEC FILINGs to update us!
Japan
China
Dental
non medical
implantable device
crazy possibilities out there.
simply think...
DC got replaced by AC system...
PEEKS spine products from medtronic (they got their supply from invibio) will be replaced by Si3N4 in just a matter of time...after Zimmer bought it. (stepping on this giant toe)
ZTA (knee & hip) from Ceramtec...zimmer will cut lose their orders after MC2 Si3n4 clearance later...why bother use inferior products from middle man if you have something you own & better? (stepping on another giant's toe)
& more of course.
You should not...or anyone put money in stock market has to do his/her own DDs.
I love to share info., FACT based info.
I always put context & links for everyone to read the info themselves.
So everyone can read it & digest it...buy or sell the shares is up to them.
I will be the first one to sue Sonny...lmao...
It will be a super halt of the century.
I will explain why I call it super HALT.
Weigao + NOLs = 800 Mils alone...
Weigao deal is just 1 type of product = valeo only!!!
This is a very special company w/ unique tech in this human world.
Just chill & wait for Jana form 13...from there we will see how much $$$
Jana puts in Zimmer, then we will guess the BO valuation.
Check Zimmer's Bsheet...$1+Bils COH as of now...still needs to raise cash...
It is a big hint.
They still trying to naked shorting it down...to control the pps.
If sonny do it the right way....please announce it AH today...
So they have no chance to steal shares from whoever already set sell orders.
INFERIOR PEEKS BOYS share is tanking hard:
https://www.google.com/finance?cid=285358169912473
31% market share big dog in spine surgery:
http://imgur.com/a/SeVk8
Looks like it make senses that their lunch will be eaten by Zimmer very soon!
The playing field will soon be balanced once Si3N4 tech in the hand of almost 10k employees vs. 35 employees of little dude like amda (of course the big dogs in the market have their ways to snuff out this cool, little dude with better tech/products & very SAFE inside human beings bodies).
AS THE BEARS ALWAYS BS ABOUT THE FDA APPROVAL, NEW COMERS THAT GET TO KNOW AMDA & THEIR TECH:
https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfPMN/pmn.cfm
search applicant "Amedica Corp", you will see a list of APPROVED products by FDA. They have plenty of produts approved in EU & other countries too.
Over 25K safe implants in humans so far!
Don't listen to the bears about no FDA approval!
JANA sold all whole food shares (cashed out over $1bil w/ over $300mils profit!)
http://www.cnbc.com/2017/07/19/jana-sheds-entire-stake-in-whole-foods.html
https://www.sec.gov/Archives/edgar/data/865436/000090266417002980/p17-1524sc13da.htm
https://www.sec.gov/Archives/edgar/data/865436/000090266417002980/exhibit_e.htm
More $$$ to transfer to Zimmer bank account!
I would take merger context out.
Zimmer must own 100% of Si3N4 to fully help to boost their revenue & profit.
Also, I will post a theory of that in details later if I have time....
Must be some big, details, attractive plans they presented to JANA to convince them to take SIGNIFICANT stakes in Zimmer.
It's illogical for greedy JANA to take big stakes based on this forecast:
"They also experienced slower than expected sales recapture from previously affected customers in the U.S."
https://www.streetinsider.com/13Ds/Rosensteins+JANA+Builds+Large+Stake+in+Zimmer+Biomet+%28ZBH%29%2C+Seeks+More+Influence/13095982.html
FYI..43k bid move the bidding price to .398 from .382...he wants in so bad..
To be honest, i don't set any sell orders.
I want to see the BO news so bad.
Have been challenging Zimmer to shoot me down on that BO speculation, but so far nothing happen...it tells a lot.
Also, bears keep spinning BS that they called Zimmer IR & got the "Denial" answer, which I know they LIED!
http://www.moneylaw.com/pdfs/merger_pdfs/disclosure.pdf
No comment from them tells a lot too.