Replies to post #18506 on Finjan Holdings Inc (FNJN)

[lbcb123]

didn’t you call the share buyback program a sham?

It is. Instead of buying back the shares that BCPI and Israel Seed were dumping at $1.50 when we were BEGGING them to, they are buying back shares from insiders at high prices:

"in privately negotiated transactions and were funded from the Company’s working capital"

They admitted the buybacks weren't all on the open market and were "privately negotiated" which means they bought hares from insiders at inflated prices.

Sheesh, I never said they weren't going to buy back shares. I told you that they were buying back shares at inflated prices in conjunction with a promotional campaign and buying them back from insiders outside of the open market.

Always self-serving activity from this sleazy group.

[lbcb123]

As far as Finjan Mobile they did say that they are starting to make some progress there

OMG! They said TWO YEARS AGO that Finjan Mobile Gen 4 was ready to be released as a paid-for app. TWO YEARS LATER, they still can't break out any revenue. Have you actually read the reviews? It is slow, buggy, security flaws and basically unusable. I tried it and got rid of it like most others.

Riddle me this.... After two years how come they still can't break out any revenue for it? Why won't they admit CybeRisk shut down? How come their employee count keeps dropping and they are subleasing their office space?

Gullible much?