JOE
IF you read their filing you will see that
"" THEY RETIRED or PAID off a series of NOTES thus they were delisted.""
This is a 100% nothing burger to US!!!!!!!!!!!
This is just pmi doing their daily business
AND IS BEING PUMPED severely with mis-information.
This is a litigation play
1. PMI makes a decision that it is wiser to buy HCMC than risk a court case with a jury
2. They fight and chance having to pay for past infringement damages
1.7 bill has been suggested, as well as punitive damages(3 x's actual) and still have to license the Tech forever and always.
3. Motion to dimiss is allowed and all walk away
4. Motion to dismiss IS DENIED and then we would go to court.
Now not that this is accurate but let's bun a numbers game
1.7actual damages then x3= for punitive 5.1 bill or 6.8 bill and THEN THNE THEN pay on going licensing fees???? WHO KNOWS
OR they offer up a paper exchange/acquisition/merger to settle everything at once everything.
Pmi current price is $86.16 so let's WAG it MIGHT be 8,616 HCMC for one PMI share or 12,185,629 share and PMI has 1 bill shares left in Treasury stock not issued yet.
Do the same @.02(6 mill) or .03(4 mill)
OH and also PMI has to weight the litigation legal fees, negative PR, chance of a loss, settlement and punitive damages and legal fees.
NOW you run the numbers and tell me just HOW HIGH PMI could go with an offer and still end up far better than losing 6.8 bill in fines
Rather than risk the 6.8 plus legal expenses, they COULD PAY up to .01, 02,03 and still end up better imho and geterdun and over
THERE IS NO FACTUAL VALIDITY that this will ever be done, just an example of how easy it would be and ALL DONE WITH PMI paper(shares) SO NO CASH spent, in court upon conviction it is done with REAL $$$$$$$$$$$$$$$$$$$$$$$$$$$$$
NOW this also has NOTHING to do with the legit shorts or the NAKED shorts that are out there,so who know where the PPS could end up going if this was to take place .05, .10, .20 ???????????????? I have no idea what a serious squeeze could do here