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if this company were a one man show, i might buy into the fact of a coordinated scam job has been thrown at us shareholders. but, the execs of the company are all seasoned exec types with long careers. the company seemed to be coming into its stride with new business. if they needed $$$$$$ to run the company, surely some private equity crowd would have invested a few million for a chunk of the stock,warrants,convertible debt,etc. why would they choose this route to raise needed cash, thus jeopardizing their entire careers in the process? don't make good sense. they know a spotlight is on them by now, and every move is being analyzed. i wouldn't want to be in their shoes if it all turns out to be not genuine from the get go.
everybody who wants to own it already does, and and anybody that wanted to sell has, so it's at a stand still until news.
i don't think management really cares whether shareholders are thirsting for news and info at this point. they know what's on the table, and will let it play out. i think the last press release was done more to stop all the phone calls to the company, and in particular calls to the attorney. when i called the attorney couple weeks back, i could tell he was in no mood for the constant inquiries he was getting. he must have insisted that the company put out additional news. this company has no duty to spoon feed everyone thru this process.
well,well. i figured it out finally. you all remember when the cfo said "it will be handled like a mini-tender". everyone flipped out. price tanked. but in fact, that is exactly how it will be. the pieces to the puzzle fit nicely. why no shareholder vote needed,slips of the tongue (exhorbitantly generous offer). ceo was so excited he flubbed up the pr. buyer is just waiting to accumulate enough shares at these low prices, then the trigger is pulled. buyer will already own 95% of o/s. there's no due dilig going on of the Buyer, that makes no sense. stalling tactic to give buyer time to accumulate. this company will be packed and ready to move to its new home. buyer cares less about current location. everyone can go about your business now.
i don't think they actually knew the literal definition of mini-tender. they found out though and corrected the mis-speak. good
called scottrade. was a problem getting correct quotes for pinks and bb. fixed now
call him yourself. his number is listed. he's getting pretty tired of the phone calls in my opinion. i think that's why company will release another PR, per the lawyer. that's also why the buyer wished to remain anonymous, in my opinion.
just got off the phone with Zouvas. he was very brief, didn't want to discuss the deal. reminded me that he is sec counsel. he could not discuss anything, and i was wasting his time. i asked directly if the buyer is buying the entire comapny, answer :yes.
I asked if the buyer would be disclosed in near future, answer:yes. He said a PR would be coming out to further explain the deal. i said, so everything is above board with the deal? answer: a slight pause , yes. that's when he said i was wasting his time and keeping him from his other 50 clients. i said, thanks for answering the phone.
i sort of think that it's an end-around effort for some buyer (probably a public company since sec rules apply to the sale) to come away with this company for a very cheap price. i bet they have been buying over the last few months, and are creating this confusion purposely. their goal is to end up owning close to 100% of the company and it's technology for pennies. the s/h's that refuse to cave in to fear and hold out will receive 1 cents, but long after many millions of shares have been bought much cheaper.
i would hate to be on the short side if good news at 2 pm. man that would suck.
what's beyond belief is that you are still pounding the table and nobody is listening.
you working all day, or you punching out at 2pm,est? your services should be no longer required at that time.
i predict the company announces the buyer before the CC. poetic justice.
as a cpa, i can tell you that NO CFO would stick his neck out just to be chopped off. those exams are way too hard to pass. This deal must be pretty much sealed, otherwise this press release would not have been issued naming the CFO and the lawyer as spokemen for the company. my 2 cents.
i am more convinced than ever that this whole deal is above board and legit. there is NO way so MANY people would spend their time trying to slam and discredit this transaction without ulterior motives. NOBODY would spend, in some instances, all day and night, posting false,misleading,confusing crap about ANY company unless they stand to gain in some form or fashion $$$$$$$$$$$. this is what you get with 10% unemployment, better than picking up garbage i guess.
i think you're right on with this logic. but, i bet there are some options being exercised by the ceo and the rest of the folks, so their payday will be nice.
EXACTLY, somebody has figured it out. The CEO stated in his interview that he and his family own a LOT of shares, they have never sold a single share, so this will be his payday as well as those of us who don't sell out before the deal is closed.
btw, Tim quoted me very accurately, didn't know he was taking notes, but that's fine.
i can verify that "it's a fact", signed, the horse's mouth.
good grief charlie brown. is middle school out all over the country today. people can NOT be this uninformed about the stock market,deals,mergers,acquisitions,etc. IF there is a deal, the buyer KNOWS EXACTLY how much they're paying in TOTAL. good grief.
dude, the company cares less how many shares are owned by anyone other than: 1)management, 2)options of mgmt, 3)shares to be issued to mgmt before sale. they care less whether the buyer is buying every last share on the open market at .0025. they care less. the only shares thrr cares about being sold in the deal is THEIR shares. mgmt and probably a few inside large s/h's own over 50% of the total shares either issued now or to be issued. that's why they know they have the votes to do the deal w/out a s/h meeting.
Dusty: when deals are made between buyer and seller, there are many issues to iron out. see, the company and the buyer have discussed all scenarios involving purchase price, shares o/s, etc etc. if the a/s were increased, the buyer already knows this was going to happen. i suspect that management is granting themselves a few options. it's all elementary stuff. happens all the time.
well don't buy the stock genius!!!!!!!!!!! nuff said. leave. who are you preaching to? would you stand in front of a house that's for sale and scream that it's not worth the sale price? not unless you really want to buy it cheap.
you WILL pay for future potential. many decisions go into an acquisition. time will tell.
cool. i sent the author of the story an email, picking his brain for any info. if he responds, i'll post it. the thing that i noticed was one of the board members is in management of a similar type company. coincidence?
uhhh, that would be my find, but who's keeping track?
you bet. i emailed the author of the story. i'll post if any replies come in to my questions.
a board member, gardner, is with Green Tweed, large global company. hmmmmm.
not right. o/s shares are ALL shares outstanding, whether owned by you, me , insiders. what we don't know is how many options are granted to the ceo and other management folks. those will get factored in. but, all sorts of deals can get made so that the insider shares are canceled in exchange for employment contracts,etc. plus,if the buyer is publicly held, the purchase price will be paid in stock of the acquiring company.
Anthony Intreiri basically fired Adam and replaced him with this guy. my guess is that Anthony has known this new guy for several years and knows he can get the job done. Adam screwed up :
1) the filing was late
2) the ads were late running
3) etc etc
also, Ryu might have played a part in this.
i think he's an imposter, and not even who he says he is. it's the perfect storm,blame on the buyer.
my last post. if you are being truthful, which i have my doubts because you didn't answer several of my questions yet, then find out where the conference call will be taking place, who from reliable media outlets will be there (and not marmamdm itshanbut akmedicam from bahrain), how can we attend in person to ask questions, and what size orange jumpsuit he wears.
tell him to hire a frickin temporary and put her in the office to answer the damn phone at the so called office.
did you notice some of the addresses and phone numbers were the same except for on e digit. also, on address had been changed from 22nd floor to 12nd floor,stupid. and another from 41st floor to 40st floor. not your cream of the crop felons.
you're right. plus some on this board can be dragged down with bisante. lots of evidence here on this board. where have they all gone? you know they are smart enough to know their ip address can be tracked down.
who were you before creating your alias yesterday? why come on here at the last minute if you are a big investor? how do you know the ceo? you didn't bother to answer that. why does your ceo friend care what we think if it's a done deal? it matters not to him if the deal is legit.
pre marketmonkey was created yesterday for some reason, wonder why. where's his cell number, hurry up.
how do you know ceo's number, what is it?
i don't know. it's hard to determine whether the scamers are trying to run the pps down to buy for the actual buy-out; or whether there is no buy-out at all. i've never seen a CEO of a company respond to message board chatter, then go make PR's to sooth everyone's fears. like i said, why is the ceo worried what we think if it's a done deal?
where's rosebud hiding today? that poster has been here night and day. i'm suspicious of that one also.
why don't the person that discovered the copied web page tell us who the fake page was registered to and the name that owns the domain site. and maybe find out who paid for the creation of the site.