Saturday, July 22, 2017 10:05:43 AM
There is so illogical if the intention is just to fix the $1 share price issue.
It's more than just that...
If you are a real longs...have your hard earned money invested...
I would suggest don't read into the bears' spinning BS...
There was a good reason they drop this prelim on Friday AH, they know page 4 will cause panic esp the inexperienced investors. Until the time you read to page 16 & compares the share counts by BOD to last year's proxy. THEY GIVE INVESTORS MORE TIME TO READ INTO THE PRELIM & FIGURE OUT WHAT IS ACTUALLY THEIR INTENTION TO FILE THE PRELIM. Imagine if this was filed on Monday morning, panic sell-off will happen just quickly based on info. on page 4!!! So stay calm!
Form 4 might not be due until the 10th of next month based on this:
http://www.nasdaq.com/quotes/sec-insider-form-4.aspx
Also, look at this morning, they keep spinning about R/S...
& complain about there are flaw about the shares on the prelim...even the funds holding is flaw...
Puzzle piece #9 Insider Holdings isn't much, but shareholders voted to increase managements option pool. Why else would management ask for 800k increase (3 fold increase)?
Thing is falling into places correctly.
Yah right! R/S is real (everything negative is real, the positive is fake)
Based on the bears, shares owned by BODs thru. accelerated vesting upon a sale of company is FAKE.
http://venturehacks.com/articles/acceleration-sale
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133209694
Tender off period takes at least 40 to 60 calendar days most of the time, below you can see 2 examples:
1. BO news on May 31st & Form 25-NSE to voluntarily remove listing on Nasdaq on July 12th:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=cpxx&owner=exclude&action=getcompany
2. BO news on June 7th & Form 25-NSE to voluntarily remove listing on Nasdaq on July 13th:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001348324&type=&dateb=&owner=exclude&start=0&count=40
They need to stay listed on Nasdaq until the tender off period is totally done!
That brings back the theory of buying time from Nasdaq.
The r/s voting is just a game to buy time...like i mentioned in this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133211859
& Smart, calm posters like this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133207482
K** C****:
"$AMDA of august 14 is the deadline and it is also the voting day, it is just a safety net imo"
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