I spoke with a guy from lyamec during the last three weeks.
While not happy, he fed me some line of bullshit, about how dialer doesn't want to release the share count, because then it would show the true value of the company, and then someone would be able to come in and buy the company on the cheap.
I said, that they could do that now, and he said well if you did all the work during the last two years, would you want someone to be able to come in and buy the company and get all the money.
My only response was "wow"
at that point I realized that people who buy 6 million shares of stock can be suckers, too.
I also got the tidbit that he hasn't seen the books, at least that is what I inferred from the convo. I also inferred that he thinks it's some big conspiracy theory regarding libya, the sec holding the books as long as they can and XOM.
It was wierd.
It all gets back to my central premise. They may be making tools, and renting them. If you cannot 1)get the filings done in order and on time, 2)communicate clearly the strategy and show that you are executing your strategy, and 3)establish credibility in the market it just is not going to happen with your stock.
This company has no credibility. They have NONE. They could verify with PWC, that the buyout exists and will happen and people would still be selling the stock as it gets above 30 cents just beacuse of all the bullshit that dial has pulled in the last 18 months.
all IMO
so what's my point?
I cannot be seeing any way that they could even remotely sell the company with the spinout still supposedly in the works. They annouced another merger which we haven't heard boo about, and if someone legitimately offered them 55 MM for the company thay would have taken it in a heartbeat IMO, because of all the FUBAR that's going on. They cannot untangle it with their current auditors and legal, and they won't be able to afford PWC, and so therefore all the PRs are meaningless becuase there's no way to untangle it. It will still be tangled in 2 yrs, IMO.
all this talk about shorts is just a cover
they should have done an IPO if they were legitimate, for all this is costing them.....
