Doc, believe whatever you want of it makes you feel better.....all I'm asking is your sources for making these statements, and it seems you can't provide anything except say "I believe", or "I'm pretty sure".....do you also make up your own numbers for the outstanding????
for ex, if DB has shelled out anywhere near $19M, I'd like to see something supporting this.....but again, I only have the filings to go on.....(see PS at the end of this post for why I feel this way).....where IS this money???
"""Liquidity and Capital Resources
As of December 31, 2007, we had a working capital deficit of $5,172,133 which compares to a working capital deficit of $5,114,819 as of December 31, 2006. As a result of our operating losses for the year ended December 31, 2007, we generated a cash flow deficit of $615,950 from operating activities. Cash flows used in investing activities was $0 during the period. Cash flows provided by financing activities were $777,480 on proceeds from short-term notes payable and from the sale of common stock in the year ended December 31, 2007."""
(source: 2007 10K)
as far as restricted, I'll leave it as an exercise for you to research the SEC change concerning restricted shares, effective on Feb 15th of this year, and interpolate how this may have an effect on any restricted shares issued more than 6 months ago.....again, I only have what the SEC says to go on here.....feel free to enlighten me....
you also say IA wants to get the Co "cheap".....well, now in the low .20s, why aren't they buying the heck out of the stock??? (and in-turn filing thresholds)...once again, what are they waiting for with all that supposed Dubai money???? (you said Dubai, right???)....over EIGHTY PERCENT less than their stated offer, how "cheap" are they????.....don't they think a stock they said they would buy out for $1.50 is a screaming bargain when its in the .20s????.....guess I don't get that one either...
My Guess, based on past performance: like many things NSOL, the TO will will slowly fade from memory, with little mention from the Co except a sentence or two in a filing in the future, like maybe in the 2008 10K if you're lucky....maybe something like what happened with Bear Stearns and NJ bonds in the 2007 10K.....all that anticipation and waiting was distilled down to this in the 10K (released almost 16 months after B-Stearns was first announced, and even longer since the first mention of NJ bond "approval"):
"""As of the date of this report, the company no longer has plans to use bonds to finance this facility. Additionally, in 2007 the company terminated its relationship with Bear Stearns & Co."""
(Source: 2007 10K, released 4/15/2008)
PS: From Mr Herda, on 10/3/2006 according to the I-box (where are these Philly offices, plural????)
"""Our primary method of communications and always will be our periodic reports with the Securities and Exchange Commission and will be supplemented with public announcements when appropriate. Please don't call our investor relations people looking for the the inside scoop? You will not get it and you will wind up wasting your time and our time. Please understand that federal securities laws and regulations forbid us from disclosing material information to individuals about our company that is not distributed publicly to all shareholders. Other than that, we are moving forward with our plans as stated in our prior periodic reports and will be opening some additional offices in the Philadelphia area shortly.
Thanks for your support, PATRICK Herda, CEO Nuclear Solutions, Inc."""
