so i noticed a lot of noise around the form 3's today... three form threes... is this a problem? well... let's take a look at them...
1) the first is registration of shares for the purchase of RDX... if you don't like this purchase, then sure... it's a problem... if you understand the product mix and what the company is trying to do regarding hybrid cloud solutions... and the role RDX technology may play within the product mix, then you understand it adds value to the company...
2)the second is a registration of shares for the 40 million dollar shelf offering... is this a problem?... if the company squanders it, then sure... it's a problem... if on the other hand they utilize these funds wisely... and the money goes to grow the company... then again it adds value to the company...
3) finally there is the registration of shares (4.4 mil) which got a lot of buzz on the board today... for some folks who are pretty well off... who hold a lot of shares... and who want the right to sell them in the future... is this a problem?... well it certainly means more shares could become available on the open market either immediately or at some time in the future... wonder why these folks want their shares registered at this point in time??? 1) perhaps the company is failing and they want to dump all their holdings before their shares become worthless 2) perhaps they just want to keep their options open and may need money in the future 3) perhaps they, like most investors, want to make money on their investment, and they realize that q3'15 is when the revenue traction is going to begin the revenue ramp... so they wanted their shares registered in order to have the opportunity to cash in at a price of their choosing... we really have no way of knowing what the circumstances and purpose of these individuals are... and a case can be made for wildly good or wildly bad (sky is falling) motives... but really we just don't know... what we do know is that these shares are already accounted for and are not dilutive regarding the fully diluted share count...
there it is... three form threes... which tell us very little about the direction of the company... they could be good... they could add value to the company... or they could be trying to signal the pending doom... at least that is the way the bears see it... but then again when it comes to ANY... the bears pretty much see everything as harbingers of doom...
... lot's of focus on three form threes today... meanwhile the company prepares GW for Azure... technical work is finished... just putting the finishing touches on the roll out...
#juxtaposetinyvshuge
#GWtirekickingtocommence
