Just the market makers doin their thang!...We knows what we gots and are hanging in there for much brighter days.
With regards to yestedays news release, this is just BIGN reaching outs its tentacles ever further by investing in another company and sharing in its potential for success. From the BIGN website:
" A company can be created based on ideas, but it's built on management, vision and execution. With our team's depth of experience in strategic planning, team-building, acquisitions, negotiation, operations and financing, we'll work with you on the big picture, so your team can focus more on critical day-to-day operations.
We're not passive partners, nor are we invasive. Our strategic partners attest to our success in building great relationships.
Beginning with a great idea, a sense of chemistry and a congruence of goals, together we're company builders, committed to sustainability over the long term.
Some great ideas just happen. Great companies never do.
We invest in two things: People and true Intellectual Property. With these two components in place, we can help you build your company.
We make decisions quickly and act on them quickly.
When we receive a business plan, we review it, and if we share your vision, we'll contact you to arrange a meeting to discuss the plan in detail and get to know each of your team members. If we reach a sense of business and personal synergy over a few meetings, we'll discuss the terms of investment, and produce a draft term sheet. We like simple structures that are fair to all parties concerned.
We then perform due diligence, evaluating the market, the products or services, the competition and the strategy, in order to develop an in-depth understanding of the business dynamics. We'll check references, and talk to customers and other industry sources.
In parallel with due diligence, we'll start the legal process, and unless significant problems arise, we'll finalize the terms of investment - often within 30 to 60 days of our first meeting.
We want to be the first professional money to invest in your company, and typically take a 20-40% equity stake. This gives us significant influence, but not control, in the company. We usually want a seat on the Board, and full access to company records and information. We're non-invasive, but we're not passive money partners. A good sense of chemistry between Biogenerics and our prospective investees is a crucial factor in whether or not we become partners."
HOW CAN YOU NOT BE EXCITED ABOUT THIS COMPANY AND ITS BUSINESS PLAN? WHAT'S NOT TO GET EXCITED ABOUT? I know..I know..we greedy selfish investors want it ALL and we want it now or we'll throw a tantrum.
GO LONG OR GO HOME!
AI
