Replies to post #24673 on Alto Ingredients Inc (ALTO)

[ID Supermoney]

What is company worth at end of Q2 debt free????


$1 Billion or $1.5 Billion or $2 Billion???


These guys want at least a double from $16.00 a share!!

So say shares O/S fully diluted is 25 million shares!!

I say at least 3-4 times their money!!

That means at least $40.00-60.00-80.00 a share buyout!!


This is getting crazy!!

Man I need more shares in PEIX!!!!

Just like I told everyone to BUY shares at $4.00 a share when the debtors took shares instead of cash!!

I AM SCREAMING A BUYOUT COMING IN Q3!!!!


GLTA


ID

[Rule_62]

It's PEIX that can't sell any more shares (dilute) for 90 days, not the underwriters who bought up the offering. That's to protect Lazard Capital Markets, Cowen and Company and Craig-Hallum Capital Group, who are free to manipulate the share price for 90 days with no fear of subsequent dilution by PEIX, as I suspect they already have.

The underwriters were free to sell the shares the day the offering closed, or decide to hold until they felt it's most advantageous to sell them, as they see fit. Let's also not forget that they only paid $15.04 for those shares, not $16.00

http://www.sec.gov/Archives/edgar/data/778164/000101968714001245/peix_8k-ex0101.htm

4(k) is the lock-up clause. A stand-alone lock-up clause is also appended as the last page of the filing.