Dont know about the attorney but the last filing says they are withdrawing the S-1 and any associating filings so any S-1a would be included in the withdrawal. There is also speculation about a buy out, see the sticky from the seekingalpha article.
If you have any further questions regarding this request for withdrawal, or if you require any additional information, please contact our attorney David Danovitch, Esq. at (212) 603-6300.
z_deville Member Level Monday, 12/15/14 01:07:37 PM Re: BOS post# 3456 Post # of 7096 Hi Zach,
Thank you for your message. I can tell you that I know of no one in the company or even semi-insider that we know of has sold a single share.
Performance-wise, the company continues to deliver – better than any other company in the sector that we can compare to or know of – with sequential revenue growth in the previous quarter of >40%, and underlying EBITDA margin of >50%, with EBITDA of >$3.2MM. I can’t manage the speculators or the buyers or sellers. All we can do internally is drive the performance of the firm …which we have done going from essentially $1MM in revenue in 2013 to >$80MM in 2014.
I am equally frustrated.
Brent
Zach,
Here is what I know: This business is growing like a weed, outperforming all other in the space We have tremendous growth potential in front of us, unlike I have ever seen in my career We have the management team, distribution platforms, brands, etc and capabilities to capture those opportunities Following the unsuccessful re-IPO, we have had this very negative impact on the stock – that has made funding growth extremely challenging We are working on the funding and cap structure with the debt holders to align the path forward – good progress, just not done yet I am pulling our S-1 today, so any actions to uplist onto nasdaq right now (like a reverse) is not on the table – my simple plan is drive the business, deliver revenue & profit, and live to fight another day. Brent http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109091399 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109092435 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109092483
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