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Wow-things have got so desperate at the other forum that Brackattack(the dude from the other forum who ALLEGEDLY gathered all of those names and signatures of folks not tendering their shares and how many shares they ALLEGEDLY owned) has decided to stage at sit-in at Ocata Headquarters in Marlborough.
My suggestion is for them to bring Joan Baez along and for all of them in unison to sing the famous song shown in the link repeatedly during their stay.
Perhaps by so doing they can attract the major network and media attention to make this a front page story all over the world.
That said, I live only about 45 miles from Marlborough, and it is about as much a vacation spot as a sewer/dump with very little to do!
Anyways, here you go with Brack's post and the link to this noteworthy song which I "am sure" will get the ball rolling and to get Astellas to change their mind and offer at least $100 a share.
I mean what the heck if they can't stop the takeover from Astellas, at least they can stage their own "takeover." lol
We need to stage a sit in at the headquarters of Ocata in Marlbourgh, MA. First get the proper permits with the city and get the local news and maybe other media outlets. It may take a couple of days of sitting in for the big media to catch wind but if they did. Boy we could be on to something. The word needs to get out that we are pissed about them sandbagging the trial results, whether if they are good or bad. Highly likely they are awesome. Especially the 2a results.
If someone wants to organize this who lives in MA, I will get a plane ticket and take vacation and meet you there. We will just have to have our cheat sheets with us so we can talk like what we know what we are talking about and not come off as lunatics when the local news starts interviewing us.
You are correct, and to take this one step further and make it relevant to Ocata, I have found that over the last two years both with the Sox and Ocata, the best and most realistic philosophy to have is to have a mindset of to hope for the best but to expect and prepare for the worst! lol
I certainly think and not to sound like a broken record, but you are spot on again.
I am not saying that all investors are like me, but from my point of view, here is another reason why I think the deal will get done during this next tender, and that at least some folks are of the same mindset:
Anyways, after the first tender failed, I untendered all my shares and sold into the open market to leave me with 50% of my original total(I had also sold some shares prior to the first tender).
Anyways, my strategy after the first tender was to play a wait and see game with my 50% remaining shares to see if Astellas, Mario or anyone else offered more.
I also decided that if none of this happened, I was going to sell all of my remaining shares right up to the final deadline date(or actually a day or so to allow TD to process the transaction).
My fear was that if the tender didn't go through, Astellas might get pissed off and walk away and the stock price might collapse immediately if no other suitor, and I didn't want to risk that.
Well two things happened to change my thinking:
First someone stated that Astellas couldn't walk away until at least March and second of all, I wasn't counting on seeing the stock price in the $8.20 to $8.35 range right before the deadline.
Thus I decided to just sit tight.
Now I feel entirely differently because today Astellas is very near the amount needed and have extended the offer, which in effect has taken away my worries and especially about the stock price collapsing.
What this means that I am going to once again sit tight until deadline time to see if Astellas bumps the price a little or if miraculously a white knight emerges out of nowhere(actually imo the correct term here is not "white knight but "black night" as imo it will be lights out for Ocata very soon)and tender my shares because I want to help the cause to what imo is inevitable and because the fear factor is now gone for reasons cited.
It seems like the solidarity and confidence at ICell is beginning to wilt.
Here is example with a post that I am sure that site doesn't want other sites to see:
"This is now almost a lost cause. 1.2 million shares more needed. I will hold out till the end and see where it ends up, but damn, Astellas managed to obtain 3.8 million shares in 30 days.
Stands to reason they only need 20 to get another 1.2 million."
Dave
Judging by what I read at the other forum, it is precisely the opposite, namely that many folks are coming to the realization/resignation that Astellas is within shouting distance of having the 50%+1 needed to get ths deal done.
There are no scare tactics involved here-the share count and how close that Astellas is to obtaining those shares need to put them over the top is reality and ZERO to do with scare tactics being used by those who are in the driver's seat.
Perhaps Brackowhacko from the other forum can explain how after obtaining of those new ALLEGED folks who stated that they were not going to tender their shares, Astellas is quite close to getting the 50% plus needed and much closer than after the first tender.
Imo one of two things and/or possibly both are at work here:
1)Bracowhacko made up all or at least some of those names up and the totals to exaggerate the truth(or better, lie)or that some those folks who told him that they would not tender their shares in actuality did tender him because they saw the reality of things.
More importantly, why after all of these months if not years, has there been only one bid as high as $8.50 for the company???
Nothing else matters at this juncture-billion dollar valuations are NOT based on reality as it exists today!
Here Mario, come on, Mario-where are you boy??
Have you really as rumored, just took your quick arbitrage "lunch money" and bailed?
Come on, Mario-we all know that you know that as Bogey at the other forum has said over and over again, that Ocata really is worth at lest $100 a share right now, and tha that is just the tip of the iceberg when it reaches the 600 billion dollar in the next few years.
Come on, Mario-we realize that you are a sharp and shrewd investor-how can you pass up this stock of the company by not purchasing it and all just for a little bit in excess of the current price of $8.50? lol
The latest "home run" is for Astellas because they realize that victory is near with the latest count of shares tendered.
Also,although I can't confirm this, someone at the other site said Mario is out now, meaning he was in for arbitrage only.
Again I am not saying this is true and especially since imo anything stated over there is suspect-just reporting.
Lets put it this way:
If Vegas or the Offshores put out around an even odds bet as to whether Ocata would be acquired by the now February deadline, without blinking an eyelash, I would immediately wager the current value of 500 to 1000 shares of Ocata on this occurring.
And even though you weren't here than long, we thank you for contributing.
Hopefully others will also soon see the reality here as you do, and that holding out hope for anything more than perhaps a little bump in the stock price ro $9.00 or so to finish this off imo is simply grasping at straws or wishful thinking.
40000??
Hmmm-interesting to use 40000 as the number when a lot of those folks tendered their shares meaning they are in FAVOR of the deal.
Could you explain this seeming paradox?
As usual a spot on post which simply validates what you have been saying right along.
In addition to your football analogy, I would use a basketball one:
Astellas University is playing Bogus University on the Home Court of Astellas and is leading by 25 points with two minutes to play.
However, a number of fans have made the trip from Bogus, and are screaming and exhorting their team on because they just scored a basket to cut the lead "all the way down" to 2,3 and they believe they can still win even though there are now only one minute and forty five seconds to go.
Get the picture here? lol
I see you found the link.
No problem-I wouldn't have posted it if I thought it was gossip(not implying that you felt that but just saying).
North-I am a little busy right now as market is opening.
Go to Investorcell and you can probably find the link and some of the negative reaction to it.
If not and it has not been posted already, I will try to find it and post it later.
Got to run.
We agree about the deal.
I already started taking a small position in some of the energy sector and will add if and when it appears it has bottomed out.
My philosophy and I bet you would agree is that there are much better opportunities in the market than with Ocata at the moment;in essence this means I would rather have the guarateed proceeds from Ocata at $8.50 and use it in the energy and other undervalued sectors in the market rather than at best seeing my money lie dormant at best for what could be years in Ocata to bring a product to market-for me it is that simple.
Imo this latest round is a clear victory for Astellas in that they now have 47% in hand and quite likely to be over the top by February 9.
I myself did not sell my remaining shares as I stated I would do because the $8.35 yesterday was not sufficent.
This time around you can bet your sweet bippy that I am going to tender them since imo they are so close and I want to help to get this done.
Imo if there is any doubt, all Astellas has to do is raise the bid to maybe $9.00 or so, and it will be lights out, and as John Sterling would say, "Ballgame over, Astellas win, Astellas WINSSS!!
ps Lest there be any misunderstanding-I love the way John Sterling makes a call when the Yankees complete a win although I hate the Yankees. lol
Lets tell the whole truth here-Astellas is a bit closer to acquiring the 50%+1 needed this time around than during the first tender.
From the other forum:
“On January 22, 2016, Purchaser extended the expiration of the Offer. The Offer was previously scheduled to expire at 5:00 p.m., New York City Time, on January 21, 2016. The Expiration Date of the Offer is extended to 5:00 p.m., New York City Time, on February 9, 2016, unless further extended. The Depositary has advised us that, as of 5:00 p.m., New York City time, on January 21, 2016, 19,862,037 Shares had been validly tendered and not validly withdrawn, representing approximately 47% of the outstanding Shares.
Seriously, sometimes I don't take myself seriously or for that matter life itself seriously either at times.
It will be interesting to see what the results are after the shares tendered are counted.
If someone wanted to bet me either way that Astellas will or will not get the 50%+1 needed, I wouldn't bet either way-too may unknown variables for me.
Oh come on-did you really think I was being serious and that I meant this momentous event would have a panel discussion with an analysis of how folks are going to "vote" with their shares such as they do for hours prior to the SuperBowl discussing who will win and why?
I guess I will try to make it more obvious next time. lol
Can someone tell me which network is carrying the analysis of whether the tender offer will go through today and at time? lol
Thanks
Thanks.
Thats why I asked the original question which until now no one responded to.
Even if it can't be done by the way the deal is structured, imo what I proposed in theory should be allowed.
By so doing, the shareholder would not that Astellas meant business with the final offer, and thus would have to decide whether to take the SURE "prize" which would be offered only once or to take their chances and see what the hidden "prize" behind the door would give them instead.
Imo the only "breakthrough" that matters at this juncture is whether there will be a small "breakthrough" in the stock price which will be enough to entice stubborn shareholders who have not yet tendered their shares to do so that this deal can finally get done of today's tender fails.
Correction-word in first sentence in previous post should read no one and not one.
Since one has answered my question which I asked twice, I will assume it is legal to do what I suggested.
In fact re: my question/comment about making one final offer,imo the CEO of Astellas should carry out on the take it or leave it offer, and if not accept, we will walk away.
Thus, imo if the new and final offer didn't get the 50%+1 vote needed, Astellas should say bye, bye, watch the stock most likely plunge and probably stay there or even get worse because most likely no one else would come running to their rescue as funds dried up as the difficult and time consuming testing proceeded.
When shareholders realized there was no white knight out there, and the stock was in the tank and most likely would stay there, imo should Astellas should come back and make another offer but g not more than the original $8.50 and if anything, less.
Maybe at that point shareholders might realize that the absurd valuations they had in their heads for this company are not shared by the most important folks, the other BP Companies!
How about another why-Why is it that other than Astellas, that no other BP Company feels that after all of these months that Ocata has been on sale, that the stock price is worth $8.50 a share?
I am going to ask this question one more time as no reponses the first time:
I have a question for someone who understands the legality of deals like this:
Lets say that the tender offer falls short again, not too far away from the 50% plus one but still short.
If they wanted to, could Astellas for the sake of example raise the bid to $9.25 and state and obviously keep their word if it doesn't work with a statement something akin to stating that $9.25 would be their final offer and if the next tender failed, that they would simply walk away.
I am not advocating this or even saying it would be a good idea, but am just curious to the legality of the matter.
Imo the "true value" is irrelevant and meaningless at this juncture, and what the market values the company at is what counts.
After all of these months of Ocata beint shopped around, the value of the company is obviously $8.50 as no one else has come close to that bid.
To use an appropriate term in this case, value is the "eyes" of the beholder which in turn determines how much money they are willing to part with in this regard.
I agree with all of this except I am not so sure that if there is a class action suit, it will go anywhere and/or it will take a long time for the case to be heard and a decision rendered in any case.
Whatever that is supposed to mean relevant to anything???
Yes that is exactly what he said for those who missed it.
In all fairness, I can't say for sure if he bought any Ocata on his cell phone while he was on CNBC, but if someone said that they saw/heard him doing it, I would just as much credence in it as any rumor, gossip, speculation or opinion expressed in this forum thats for sure.
What about the prediction that trading on the Nasdaq would be more honest-how did that work out?
What about the ad nauseam predictions week after week, month after month that never came true that the results would be published in the NEJM, or that PW would say this or that or announce a jv at this or that conference or stop on his road show and on and on and on-give me a break!
I could go on all day long about failed predictions, speculation and gossip, but anyone who has been around for a while and who is objectives knows what I say is true!
Judging by the fact about 99% of the speculation, rumor, gossips and predictions as expressed over the last few years about Ocata have failed to come to pass, imo my rumor has just as much validity and has a right to be expressed.
Hold on-as I write this, another one just came to me, and that is that a descendent of John Beresford Tipton ia going to step forth(apologies to younger folks who don't understand the reference)and make an offer to buy out the company as he is so impressed with the company and what it could do for humanity.
There-I just "spoke like this."
FWIW-I watched the entire interview with Mario also-in short I don't get your point.
I stand by everything I said in the post, which in fact allows all people including me to express an opinion-that does not mean however that I can't express one which is contrary to the one expressed by someone else.
Speaking of rumors and gossip, I heard one that the Tennessee couple who won all of that money in he PowerBall drawing are going to at least buy a few million shares of Ocata soon if not form a group to make a counter offer for Ocata which exceeds that of Astellas.
I have about as much confidence that it is Mario buying today as I did when there were rampant predictions, speculation and gossip after the first tender failed and that an out of control bidding war would ensure taking the stock price into at least the high teens or twenties-unless I missed something, that prediction didn't quite get there-how shocking!! lol
Maybe he bought some on his smart phone when they were talking to on of the other guests who were on at the same time or during a commerical-after all when the markets were down around 500 points at that time he was on the air, I am quite sure that none of that mattered to Mario because besides the interview all that was on his mind was buying Ocata so that someday he can controll it and turn it into a multi billion dollar company. lol
Quote:
Gabelli buying as $OCAT in the green now at $8.30 and looking to go higher?
It must be nice to be psychic and know for sure who is buying.
Its too bad that around 99% of these psychic predictions, positive unfounded speculation and sheer gossip made over the last few years of what is going to happen to the company and/or stock price have failed-that isn't gossip-it is FACT!
Imo the value of the company doesn't go up at all until/if all Phases 2 tests and beyond have been completed and approved and more importanty, until such time if ever they have a marketable and profitable product.
Without above, imo any talk of unrealized value is nothing but hope, wishful thinking, unfounded speculation, gossip and unfulfilled potential.
The fact that the highest bid has been $8.50 with obviously not many US BP Companies not all that interested at this point(which is also compounded by the scandalous and corrupt reputation surrounding this company)is what counts here.