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I can even fry your unhatched eggs.
Yesterday I emailed the company suggesting to them to consider private placements instead of selling registered shares whenever they want to
raise money by selling shares.
I think that the special pressure on the market price here is the result of the registration of the sold shares, because of expectations of repetitions of this process which feeds itself.
There is a reason many public companies prefer private placements even at considerable discount to what
they can sell with registration of the sold shares.
Before their guy gets in they were making MONTHLY video production. Now, we cant even get the basic filings from them.
I warned the original chairman about this guy having his way and entering the company. Beside taking the company into this fast pace spending with him benefiting from the resulted dilution, now we are even late in our quarterly filing like never this company had ever been if at all.
Why would he need filings any way? His guys already inside with the inside knowledge?
Didn't they say that they had enough for the drug related thing? I think that I can find that in their filings if I spend enough time searching for it.
By the way, it has been so long since we were lastly updated about the weather in that city in a video? Or is it that his guy is now deep inside the weather is always beautiful?
Also, is it be possible for us to see that nanosonic generating revenue within our lifetime? Remember how many times we heard orders were ready in those videos?
Anyway, they spoke about 8-k in this morning pr but I havent found it yet.
What happened to that presentation?
How much of what came in it did really happen?
Any wonder why I tried to question it here?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103817142
Despite its positive content, it was intended to be against the price of the stock not for it.
The hedge fund guy made those inside make it trying to push shares away from another competing big guy or at least makes him see things more like that.
Does this guy dream things then comment on them? When did that additional growth and flourishing happen?
"Scott's finance and healthcare experience has greatly helped CTD's biotechnology business grow and flourish," said Dr. Jeffrey Tate, President and CEO of CTD
Has anyone seen a contribution from the speaker himself in that area yet, let alone the guy he talked about?
He used to do things the other way around and dream while making a new video that his promises in the earlier ones did not happen.
It is not a surprise that the Videos will stop. After the hedge fund guy put his guys on the board why would he need to continue pushing for making these video to get his foot inside or any information that could come through them? The mission was already accomplished.
The new placement filing even left the "Name Of Purchaser" field empty. I wonder if the guy ran out of people willing to make fake claims and be used as devices for him. He also ran out of them with another stock I am suing him for and had to go outside the country all the way to Israel to find a replacement to be a fake CEO. But that was after a long time with sever outrageous actions not this early.
Adding his own board members is often the hedge funds guy's first step in taking control of a company. That step is usually preceded by a preparation step in which he builds a path for it by establishing a relation with an insider in order to be able to penetrate inside. In VKNG it was the CFO while here it is the video guy. So for shareholder side that guy may often not count and it is 2 against 4 board. We are still at this beginning stage and the hedge fund guy was able to pull one thing after another.
By "those inside" I was referring to the original ones.
My concern is that, unlike those inside,I know what you are trying to do. But even without that I don't like to be associated with such low level games even as a shareholder.
Even if I assume that all the placements really came from different entities and care about valuing the stock based on what is paid outside, unless there is a fundamental change between the placements I would still take the average of all of them.
I wonder if the "first refusal right" was requested to capture opportunities rather than to guarantee an escape from being trapped with the Nanosonic guy (now CEO)? I am actually more inclined to believe in neither and see it as merely an excuse.
All these shares issued in private placements are going to one entity or a cooperating group acting as one entity here and the average cost for that entity is now about 20 cents a share. This game wouldn't pass on a toddler.
I am not just simply holding the failure of someone against him.
Had he stood up in a serious way and leveled with us about the reasons for the huge failure of Nanosonic I would have had a totally different view about the situation. Not just that leveling with shareholders is required morally but as someone who is involved with science he should have had an additional special attachment to working on and being restricted by the facts. What do you want more from those who are with you on the same ship to say despite a huge failure on your part that they are willing to overlook that in exchange of just leveling with them about standing in a serious and real way to admit what went wrong, explain it and try to correct as much as possible of the situation? But if you abuse that intention and think you can push a false world of your own creation on others then I may say and keep pointing out your failure not once or twice but a thousand times.
Go back to those videos and see how the refusal to level with shareholders not only continued in a passive way but was also supported by false claims. See how many times orders were not only expected but supposedly already there. We even heard talk about increasing the capacity of the plant. It was just a sears of false claims replacing previous false claims and so on. Yet the guy is walking now as if nothing happened.
He says that they are "laser focused" on the NPC treatment. Well, that does appear to be made as a choice after the huge failure of Nanosonic and Stratton's sudden change of direction can be hardly missed as being a reaction to that failure. It is also hard to miss seeing how Nanosonic was trusted with an order of 50k only at the beginning and never later for any size order as a reaction to the quality of what it can produce and not because there is no market had Nanosonic performed as it was counted on to perform.
Stratton is clearly also responsible for not leveling with shareholders regarding what went wrong with Noanosonic
The video guy becoming CEO of CTDH
Who would blame them? After years of continuous failure and renewed promises that never materialized with Nanosonic, don't
you think it is time to let the guy assume a wider responsibility position so he can take claim and pride at least in the achievements of others?
One issue with that presentation
Aside from the moral issue, the calculation for the NPC treatment seems to have ignored an important thing. It calculated the potential as if CTDH will have a monopoly on the whole market. Some discover an entirely new drug and still have to compete with generic brands and imitations.So how about the competition potential with something that already exists? CTDH did not discover cyclodextrin. To my understanding, its NPC treatment is its brand of an already existing cyclodextrin product.
At least, unlike the hedge fund guy to whom you issued the shares in the financing (I am referring to the real thing not the faces he came through), if that family sells its shares it would be to make a gain instead of keeping the price under pressure. Had the shares issued in that financing being ready to be sold at our current time he would have not let this stock reach these prices not even in your dreams. After all this is how he kept the stock before he came to you to offer financing probably partly because he ran out on ammo (Although the level of corruption help he may get if he decide to cross the related lines in violating laws and regulations is far from being suitable for being underestimated no matter what).
To the guy in that video:
If you are truly grateful to that family then vote on helping them back through the means available to the company which is the issuing of compensating shares directly or indirectly through things like joining the board of directors or an advisory position to the board.
For that family,the treatment of their twin daughter is probably much more important than achieving a financial success through the effort through that. Nevertheless, what they did was also big for the company and there is nothing against compensating someone for what he had done for you even if it was a byproduct to his main purpose.
Also, currently this is the branch that seems to be by far the most contributing to the revenue and earnings.Efforts that I certainly very much would like to see succeed has been continuously applied on that Nanosonic branch and until now that branch do not seem to have significant contribution to the company unless,of course, one would include the area of video productions. Even if these efforts succeed ,and I again very much hope they will, the path opened by that family would continue to have the credit of being the one that started when the company was at a harder position.
Or that could be also achieved through an advisory and similar positions.
Also, with her involvement in the product combined with the daily dealing with her twin daughters, why isn't the input of that mother is not sought as a member of the board of directors? That could open a path for the compensation I talked about in my preceding post.
I suggest and Vote for compensating the twin girls family
You read here and there in the market persons being compensated for their service to companies although most of these services do not seem to even come close to what the family of the twin girls had done for this company here. That is why if it can be done in a legal way I cast my vote and encourage others to agree on a compensation to that family trough the issuance of shares that at least shouldn't be less than within the millions of shares range to that family for their service.
I don't feel confident that brokerage firms do not lend shares from individual accounts to this hedge fund guy here to sell them even without having any margin debt. In fact, you could say that I would be more surprised if they don't, especially Fidelity. This is not only based on general judgment on the level of corruption in the market but also on this past experience with Fidelity conspiring with other brokerage firms (including Scottrade and trademonster). They conspired on, and successfully achieved, preventing me from transferring shares I bought from this hedge fund guy in my Fidelity account as a test (although not necessarily sufficient)to see if I really had those shares. The conspiracy was clear among brokerage firms and they all came back with ridiculous or clearly made later excuses to prevent the transfer even though they accepts the request at the beginning without any problem like any usual routine work.
Lets not forget this
All the improvement in financial results being achieved are still coming mainly only from the path opened by the twin girls family to the treatment of Newman Pick Type C and continues to come from the selling to the patients of this disease.
That Guy who keeps talking on the videos bringing one false promise after another and moving on like nothing happened has contributed nothing of significance I can see yet, unless ,of course ,you are looking at the negative side. I wish he significantly reduce talking about the achievements of others in comparison with showing us his.
Lawsuit filed against Onteco (Inelco) Corporation,Jorge Schcolnik,Dror Svorai,Haim Mayan and Action Stock Transfer Corporation
Here is a link to the complaint and summons
complaintandsummons.blogspot.com
Actually you can get that definition from a much more authorized source.
That source is the congress and I was surprised when I found out that
one doesn't need to use a general sec rule or even any sec rule to point
out the illegality of that game.It was specifically mentioned in one
of the old congress laws like the act of 1933 or 1934 or the like (I
don't remember exactly but I can search back for it).
Anyway by fake trading or fake volume I mean the buying and selling
of shares without real change in ownership for the purpose of creating
a false image showing big volume at a specific price.
When I wrote this
http://unallowedthoughts.blogspot.com/2010_07_01_archive.html
and other posts elsewhere saying that those from the
sec who talked to me about this stock where looking
for information to serve the big guy who was trying
to keep the stock under his control I couldn't reveal
specifically what information they were looking for but
now I can.They were sent by the hedge fund guy to know
if it is I who made that big buying or somebody else.The
big guy knew it was probably me not some other big
competitor,beside him and the other big guy on the bid,
but wasnt sure so he sent the sec to get that information
from me based on my trust in them.How wonderful is that?
I forgot and gave the wrong date there.It happened on
10/22/2009 not 10/21/2009.In addition,for those who may
get confused with the big volume I say that other than
what I bought the rest of that volume was fake.
Some notes might need to be added here
First the statement that I caused the action that took this
stock higher and pressure the hedge fund guy here is probably
much more close to the truth than saying that I started the chain
of actions which led to that.
Second,all the financial offers those inside got,including this
lousy one,happened as a result to what happened in the market.
The PR and related sec filing the former CEO/current chairman issued
at the beginning of November 2009,probably because he thought that the
initial move in the price could be caused by a leak of insider information
and wanted to counteract that,had its big effect because it supported
the possibility to a big guy here that the big buying I did earlier
had been done by a big competitor who had a knowledge about the things
mentioned in that PR and sec filing.Other than that,the role of those
inside was almost entirely lowering the effect of what happened in the
market.They were to us shareholders like a lawyer who gets his client
a 10 year sentence when the client could have been acquitted based
on his own efforts without the lawyer's.
Third,when I spoke about those inside saving the big guy who was
taking the stock down and keeping it under pressure from the consequences
of the sho list and other things,I was not referring to that being done
through the big guy buying the shares they were pouring easily and
cheaply in the market(although that would also suffice to justify my
accusation).No,what I meant is consistent with what I have been writing
about this for a long time that Dutches financing was a face
for the big guy and so is the Clinton group and Conmed(at least for
the purpose of what is being done here).In addition I would be very
surprised if none of those investigations and lawsuit that was announced
related to this buy out was intended at least partly to distract from filing
a real lawsuit.
Forth,despite all the pump and dump talk by the profiles of the big
guy who came under pressure himself,the stock did not start its move
based on shallow reason.
If one imagines shares in the market as being a thick liquid that
takes a noticeable time to level itself back after someone scoops
from a pot containing it, then what I call a shallow reason would be
like when one base his actions on the thought or impression that
the temporary dip level created by a scoop done to the liquid represent
the level of the entire liquid.This did not happen as a result to my
buying.What reacted to my buying and initiated the move was a big
guy who is far from being misled by a thing like what I described
in the thick liquid example above.There is nothing special here.Any stock
can be taken to much higher prices if the big guys involved there
switch from compromising among them to a direct competition to obtain shares
of the stock.One way that could push the big guys to a direct competition
instead of compromising is if they think that another big guy entered the
arena who is not willing to abide himself with the compromising
that is going on.Thanks to those inside whose actions forced me to
reveal my being the source of the big buying (directly or indirectly
before these posts)I have much less chance to be mistaken for or have
a similar level of probability that my actions belong to some big
potential competitor again.
Did anyone miss the amazing performance we saw here????????
This how you got things done people,watch and learn.
First you refuse to deal with the opportunity the market
gives you except at the crudest possible level.You dilute at low
price without care with registered shares in order to achieve
your project as if you discovered the next google.You react with
extreme arrogance toward your shareholders advice about how you
are being easily fooled and instead conspire against them.
Then..you agree to sell the company at price per share that
is a fraction of what the stock reached in the past on its own
before any of your "performance efforts".You sell under the
pressure of a price resulted from the pressure that you yourself
created in the market on the stock.
So what happened here?What happened to all those "overwhelming"
responses from surgeons?
I from the beginning found it hard to believe that us hospitals
with the money they generate would be content to take the lower
option based on merely the difference of cost like that between
the da vincy and the product of this company.After all convincing
the rich to sacrifice some benefits,and there is a big difference here,
in exchange for money saving he cares little about could be,if not
always is,harder than convincing the poor to stretch himself financially
for something he needs.
On the other hand I didn't see a reason against international
sales at the level it happened.
So my own thoughts from far away predicted results better than
any dependence on the statements of those in charge and their
understanding of what is around them.
For those still wondering,it was I who started the chain of causation that took
the stock to over the dollar range,and was on its way for much more
if it were not for the actions of those inside that saved the situation
for the big guy,after I bought over two million shares on 10/21/2009.
What we are receiving here is the remainder of the destruction
those inside did to the effect of that chain of causation which is still probably
much better than anything those inside could have gotten on their own.
I do not understand how the total cash consideration of $729,540
for Jed Kennedy's options was calculated (page 7)?
Cramming every thousand shares into one is a good way
to limit their price advancement when those inside announce
the news they seem to have been holding for their hedge
fund guy here for a long time.
I also have a significant probabilty that a big part of the
reported outstanding number of shares they made in that 8k filed
on tusday was added on monday.
Poor Criminals,it was easier for them to take their fraud
publicly to this level publicly than to tell their accomplice hedge fund guy:
The 0.0004 you have pushed the stock to is low enough.
Take the stock to at least a penny and see if that guy
continues to buy shares before you come to ask us to implicate
ourselves to this level.The price is not even higher than that
guy's average price which he continues to take lower not higher.
But if they have a wish to go to prison then they probably
found their lamp genie.
As for the hedge fund guy I say if I disappointed a similar
wish from you elsewhere then this may help in compensating
for that.Although I don't think I tried even close to what is
enough there.
You are right.I saw that on TV..
Bugs Bunny extended his legs over the side of the chair
and made very important phone calls holding his carrot
in a similar situation.
Isn't there any adult inside this company to tell them to
stop this ridiculous reverse split simulation they are doing.
I should file every time I buy shares and I cant do that with
this mess.They are simply breaking the record with their
childish behavior.