Saturday, August 16, 2014 2:28:32 PM
Time and time again we see Pr's or news releases that are full of fluff and misleading statements so as to keep shareholders thinking that everything is moving ahead, when in fact it's all bull.
Statements like, a letter of intent, or we've reached a tentative agreement, or we are excited about the prospects of meeting, or obtaining etc. as well as we are having lunch to discuss, etc. etc.etc.
All of these and a lot more are just designed to provide false confidence, and every company does it.
So what's so different about the news release from ERBB? We still don't have a signed contract, saying we have the patent, right!?
That may be true. But it's the wording that was used that I can say with confidence that I believe we "will" have a signed contract, and the reason is as following.
First off, it doesn't say "tentative agreement." Instead it says "we've entered an agreement." Big difference!!
That said, why wouldn't they go to the table? Why would Shearin pull out of a deal that would not only save the company, but would forge it ahead to heights never imagined? Why would the present holder of that patent pull out if he stands to ride the cash cow to millions?
Entered an agreement means exactly what is means. Both parties agree to terms, and are agreeing to a signing. How much more clearer can it get?
He made a definitive statement, a positive statement, not a vague term like tentative which can mean the terms still have to be worked out, and unless it's satisfactory to both parties, no sit down for contract signing.
But we have a positive statement by Shearin in this case which is not misleading, nor something he can say if it were not factual.
That's why when we read news releases, we have to look for the key wording that separates the bull from reality. The reality in the case of ERBB is that there is every reason to believe that this is a Cinderella story come true.
Seasoned investors know the difference and what to look for in a news release. The skeptics here, remain skeptical because they failed to digest the true meaning of what was stated by Shearin in his release.
In past posts, I've said that this is a done deal, and that was based solely on the statement "We've entered an agreement" which to me means they don't need any more to be said and are ready to sit down. Cheer up bashers, you still have time to invest in a real dream rather than making pennies from a company destined for the bottom. Hope this sets many doubtful minds at ease. A little more patience, and unless some unforeseen reason pops up as to not signing a contract, we are going to make a lot of money with ERBB. My sentiments...buy, hold, and sit back.
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