InvestorsHub Logo
Followers 34
Posts 2222
Boards Moderated 0
Alias Born 07/28/2017

Re: UP Trend post# 188031

Friday, 04/24/2020 12:11:17 PM

Friday, April 24, 2020 12:11:17 PM

Post# of 203913
It's best to assume that for some reason, they did not want to PR about the patent grant. The very day of the grant is the day they filed form 15 to deregister common stock and go dark. I don't see this as coincidence because even prior to going dark they obviously wanted to keep us in the dark, saying as little as they had to legally, nothing more. The reason for wanting to keep everything secret is the real question. Now they do not have to file anything or tell us anything legally. Why?? Some here would say it's because they are going out of business or something similar, and they don't want to say anything that would cause shareholders to buy and ultimately lose their investment. Others would say buyouts, etc are in process and all will be revealed soon and the price will go to the moon. Or maybe going dark on the day of the grant was actually coincidence and they were gonna file that form that day no matter the status of the grant, and they are only dark to cost save (temporary) and they are continuing operations.

I myself am worried they have a big plan but want to take all the money, leaving shareholders with nothing. Could they achieve this by going private? Is deregistering common stock the first step in going private, so they can sell the company for way more than the current market cap and get rich and retire? They would have to buy back all the shares held by shareholders but it would be for a fraction of they could make selling the company, right? Can this be done, is it legal? It's my main concern. For now until then this stock is a game/gamble, excellent trading stock with huge volatility for short term gains so that's why I'm here.