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stockdarockk

03/21/16 12:52 PM

#3598 RE: Cycle Investor #3597

No its not good news at all. The robotics thing was all they had going for them at this time. For it to fall through shows why they have had nothing to say since Q4 of last year. It had some good traction on the news of this deal. But if it didnt hold up, they didnt have a plan B. I havent been in this since early in the year when I felt they went too long without an update since from Oct. Silence in these are usually never good. I kept it on my watch list because I was curious to why almost half a year passes and nothing from them, when a pretty good deal was supposedly in the works. Then to come out and say why, really sets this one back, if it survives at all.

Since it was on my watch list, all I was doing was posting the news for anyone who might have only been checking in once in awhile. Even the bidder at 35 has been there for a while, and before the latest update. They have most filled out of the 600k they were looking for. 35 might have been good with the robotics deal intact, as they looked to be hoping to cash in on some getting tired of waiting for an update. But now that the update is out and the deal has been scrapped, 35 wont soon look to be a good buy in. This could sit for a long time again. Half a year was through this deal getting dropped. Thats why I only posted the news and no commentary. Will it survive? Who knows at this point.