AI
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| Alias Born | 03/08/2004 |
Saturday, February 08, 2014 7:11:26 AM
What's odd about Ingen
Is they keep bringing in other companies as R/M partners. Announce the acquisition. Sometimes add BOD guys related to the buyer. But then months down the road reveal the deal was never consummated.
This year they "Acquired" ATMC as Ingen's "telecom subsidiary". But then the most recent quarterly reveals that they are still in negotiations.
Last year they "acquired" SomaLife and added 2 of their guys to the BOD. But then later that deal fell through
There was another one previous to that whose name escapes me. But the only reason I can figure is that they tried to sell the shell for cheap, but then when the buyers get onboard, they find out that they can't float any significant new shares and Sand owning 60% of the company creates a big impediment to their riches.
Is they keep bringing in other companies as R/M partners. Announce the acquisition. Sometimes add BOD guys related to the buyer. But then months down the road reveal the deal was never consummated.
This year they "Acquired" ATMC as Ingen's "telecom subsidiary". But then the most recent quarterly reveals that they are still in negotiations.
Last year they "acquired" SomaLife and added 2 of their guys to the BOD. But then later that deal fell through
There was another one previous to that whose name escapes me. But the only reason I can figure is that they tried to sell the shell for cheap, but then when the buyers get onboard, they find out that they can't float any significant new shares and Sand owning 60% of the company creates a big impediment to their riches.
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,
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