Hello and bonjour from the European branch of the Steven Victor Fan Club; It’s Friday and by the time you guys read this I’ll be winding down to the weekend…
I get why everyone is so fed up with the Doc and what’s he been doing and yes, I am too but let’s not forget that he has a lot to lose – he’s holding 574 M common shares as well as his preferred shares so he has lot to lose as well. OK so he’s not bought them with his own ‘hard earned’ cash but nevertheless, he stands to lose as well…
Like many of you, I believe that there’s too much happening to say this is all a scam and write it off, simply that we’re in a holding pattern waiting for the results of Andrews’ study with input from the FDA as well of course. Funding is there but they want to see what the FDA will say because the whole minimal manipulation question and potential amendment to any IND would be a major issue in proliferating this stem cell extraction method – if I was a big investor I wouldn’t part with a cent until I get some clarity about these things as it has a big impact on my investment.
The other thing of course, at the moment the investors are holding the aces but if the Andrews/FDA study is in SVFCs favour, the balance of power shifts, so the deal might have already been done with the numbers agreed and everything waiting for an announcement, potentially late March more likely April or May; we also have another annual report to be issued at some point and it wouldn’t surprise me if the timing of these events coincides.
The big investors don’t need to actually own large amounts of common shares, with control of the preferred shares, they would already have that – remember a float of approximately 10M O/S still leaves the remaining 240M of the A/S unissued and not in circulation, but still under the control of the holders of the preferred shares. Again speculation, but we believe that a large portion of the O/S is locked up and may be held by large institutional investors who see the value of what is in front of them and may be persuaded to part with them as part of a buy-back operation so they might never hit the street.
Part of any deal should be replacing the Doc with someone else – at the moment he’s still the CEO and will remain so until things change but the transfer of power is easy to do: he resigns as CEO (gets a nice payoff) and the BOD nominate someone else and hey presto, new CEO who can take SVFC forward to the big league. I’m not getting hung up on anything that is being said by anyone and posted on iHub – what is important is what is released from the company when news is available and what continues to be released as we move forward. Even if he stays as CEO it’s no big deal as long as he listens to the so-called ‘experts’ on the BOD, I’m, not bothered who has the title of CEO as long the right decisions are made and the share price flies and I become a millionaire - or at least have enough for a beer or two...
He’s quiet about SVFC at the moment because there’s nothing to tell so naturally he’s talking about Regen as that’s all he can talk about. I think the rocket’s on the Launchpad fully fuelled, the crew are on board and we’re sat with a countdown hold waiting for some key findings and then we’re ready for lift off TO DA MOON…
Have a great day and an even better weekend…
Per Ardua Ad Astra….
AI
