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Or why would you think to put another dollar into a company who doesn’t update its shareholders and dilutes to the point of a 150:1 split.
It needs to go to a dollar for most on here, including myself, who have been robbed of their value in order to make us whole.
Where did you obtain the fact they are under PCA? All of my brokers told me they have nothing about corporate actions. Thanks in advance.
Another long bites the dust! Ughhh
Agreed. I am okay with the negative outcome. It is the purgatory we have been left in for almost 3 months that is painful.
I think he was referring to it as a buzz kill for the rest of the negative posters on here. But I agree with you if it’s waiting until 5/20 then it’s a huge buzz kill for us Longs.
The trial results has done nothing so fAr. This is cooked. Sad.
Except now we have to wait until May 20 for the Settlement hearing. If we keep maintaining this is what is in the way of us getting paid or an announcement, wouldn’t we be waiting until the Settlement is approved by the court?
Works for me?
Voluntary. Contracts. NOLs. Patents.
Amongst a bunch of other reasons, most recently, there is something to be said for the PR to be put out there and pulled hours later.
This is taking forever, painfully forever. BUT there is a reason the shares traded this long, there is a reason they came out of chapter 15 with no amendment to have the shares cancelled, there is a reason the CUSIP was suspended and not cancelled, there is a reason that all of the same characters are STILL here saying it’s going be dissolved, there’s a reason new twitter accounts are popping up just to chime in to remind shareholders their investment is null.
LETS GO LCY - HOLIDAYS ARE OVER - MOVE YOUR A$$
Appreciate the effort, but that isn’t going to sell me that it’s over. We knew this option when the CCAA was underway. Nothing in ccaa was going to have the second transaction to make the shareholders or the creditors whole. That is why the secured creditors accepted pennies on the dollar for what was owed, they had to know something more was coming.
There were higher bids that 4.3 million for the assets, PWC will burn off this doesn’t pan out.
Please don’t take my frustration as me shouting at you. I am simply asking what is in the way of an announcement. There were “potential” items since the suspension, but those seem to be completed. Dialing that number isn’t going to get me any further than the supply chain managers VM. Even if she answered my previous 10 phone calls, she isn’t going to say “Oh, we are going to announce on X date and it’s going to be for X amount.”
I am not asking to be fed DD, but I’m trying to understand how you sit on the platform of “we will be paid soon” when there is nothing else in the way.
What else are we waiting on? What is stopping the “announcement” of the second transaction. Company’s like SunTrust and BB&T announced their transaction months before it was completed. Why the radio silence - bankruptcy dismissed, the lawsuit is settled, the monitor has been discharged, the ability to terminate the contracts date has come and gone. WHAT ELSE???
Sorry but this makes no sense. The lowest bid for liquidation was the best price for the Canadian government ? The only thing actually making me think this could be more was that there were higher liquidation bids. The fact they chose one of the lowest is sketchy at best.
Thanks for the reply. Who will we be getting that factual documentation from?
Agreed. They don’t get even a single read from me. I know what they are here to do, but the people actually holding the stock saying good things coming, as a holder I am starting to question where the fountain of youth is to keep being positive.
The twitter people are unfortunately just parrots of Derek and Chris. They have lost all credibility in my opinion as they are 0-5 in their claims of a PR, or anything they have called out. While I appreciate their “work”, it’s like paying attention to the meteorologists saying it’s going to snow a foot and it’s 75 and sunny.
As much as the sheep continue to take their Pom poms out and say we are going to get paid big, I am failing to see it each and every day we move on.
While iron eagle can pop in here every 4 days and say he’s dodging the spit of the toad and yell cawwwwww the cawwww crew has been awfully quiet. Along with countless missed predictions by the folks on twitter, while they are still being treated like they walk on water. I just feel like it’s time to stop the cheerleading and accept it. If for some chance a miracle occurs and we get paid, that will be life changing, but the same posts over and over, especially “Good things coming soon” is almost that of a BOT or someone who’s got something wrong with them mentally.
Good luck to all longs, we need a miracle here.
I’ve been here for 18 months and know all of this. But as we are pushing 45 days since suspension I’m losing hope. It appears it may have just been a liquidation for the assets and the plant and that is all. Certainly ready for the lawsuits if that is the case.
When? These posts are starting to get ridiculous. You keep posting incessantly about this for months. “Good things coming soon”. I’m starting to think you get paid per positive post along with the regular negative people on this board.
Why even post at this point while we are stuck in purgatory? You clearly have been wrong as you’ve been saying good things coming soon for not days, not months, but years.
These are the same liens you were arguing a few months ago couldn’t be lifted free and clear. Now you are using the same screenshot to run with your new narrative. This is hilarious.
Then you are saying LCY biosciences is supplying vinmar and the purchase orders they received were from them?
I am just looking for discussion. If they bought the company with 1.4 billion in contracts, which was the basis for most of this, why would they need to obtain PO’s? Hoping this is the vinmar contract...
From the pulled PR “has now completed all preparations for the resumption of the production of bio-based chemicals and obtained purchase orders from international clients, thanks to the joint efforts of research and development personnel from Taiwan and production and management personnel from Canada.”
Doesn’t King Kong base a bunch of his DD on the vinmar contract? Same as CS, they expire in 3 days. Nothing To rush for on that regard? Also the Pr they put out and pulled said they have acquired purchase orders from international clients. Does that infer we LCY biosciences got there contracts from Bioamber in Delaware or Belgium?
I called too, went to Heather Martin, Supply Chain Director. You spreading fake news CS?
Nope nice try. It is now removed from the LcY website. They messed up... again.
Prayers they get it right the next time.
These kind of posts for the last 18 months are the reason I think a buyout is coming.
Thanks for this. Don’t you think it is odd that after months and months of silence when they finally come out with PR that doesn’t mention the buyout? Seems like a perfect time to go along with the restart of the plant.
Hoping we get a bigger PR in the next 24 hrs.
Looks like another day gone by with no PR. It is Christmas in Taiwan now - definitely frustrating not to hear anything. Losing faith.
It appears the settlement hasn’t been signed off yet? Has a 2020 date for the judge to sign on the documents
They owned shares from 2014-2017??? Doesn’t make much sense.
So at 2.25 MM and the speculated 4.16 payout that some received, that would mean that roughly 540k shares were part of the class action. Thoughts on that being a bit light?
What is the exact expiration date?
Yes the 5% just needed a tax write off so they decided spending countless hours providing supporting documents that the shares won’t be cancelled would be the best way to go. Nailed it.
I don’t understand why everyone is so doom and gloom. This is part of the process. If this was over they’d be cancelled, not suspended. It’s also telling by the amount of people coming out of the woodwork. I still have shares in my TDA, I’m still waiting for LCYGF and news to drop.
Is this real?
I don’t think your math is right. See Sorhay post on Twit for the truth
Were they shares or options. I know we’ve had this debate on here before but I was looking the other day and the form 13 had 500k options I thought.
I don’t disagree on the value, otherwise I wouldn’t be here, but you can’t just see a class action get settled for X and assume we are going to get X as well. I know that’s what makes the creditors whole, but until someone explains that it isn’t based on the settlement I am going to continue to have doubts on that number, along with everything else that’s being predicted along with it.