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moneynmetals

04/25/07 8:49 PM

#35779 RE: stocktrendsetter #35776

So are we to undersatnd that big players in the investment world visit IHUB and read or posts?


ahhh OK.

GABRIELXX

04/25/07 9:03 PM

#35782 RE: stocktrendsetter #35776

I havent been here for so long,but i have to react on this.

Its not enough,that Michael is telling us couple different stories every time,now THIS!Do i understand that right..Some big player sell becouse he found out,that we were in bio..and IR couldnt tell him,thats 5year old news,so he sell immediately.What
a BS.

I start to feel very uncomfortable with his action.Maybe now is the time to SHUT HIM DOWN.

If they'll PR 1/4 whats in theirs e-mail,we will dont have to deal with this!

Agree with you stocktrendsetter about your point with A/S.

PayDirt!

04/25/07 10:28 PM

#35797 RE: stocktrendsetter #35776

:>}

ratso1

04/25/07 11:04 PM

#35805 RE: stocktrendsetter #35776

Stocktrendsetter, I totally agree. We know that one mod sold out on that news, and likely a host of followers.

The explanation of the increase in A/S; i.e., to prevent a takeover, is suspect. What the company should have done was to justify to the shareholders the need to make a couple of solid, accretive-to-the-bottom line acquisitions, and that to do so would require an increase in the treasury of a couple billion shares. Throw in another billion or so for Garr, et.al., for salary, and road-map it to the shareholders so they know where their investment dollars are going. As it went down, the shareholders found out about the A/S, and the explanations came later.

What the company should do now (Garr are you reading this?) is to reclassify all the unissued commons in the treasury, except those earmarked for the acquisition(s) over the next 9-12 months, plus whatever Garr thinks he needs to get by, and turn them into voting-only, non-participating preferred class shares. This would not be hard to do, and could be done in a timely fashion (it's Nevada, after all). If I understand the situation, the company could shave off in the neighborhood of 4B shares from the commons in this way, the company still has its' poison pill, and the shareholders no longer have to fear un-justified dilution.

The company claims there has been no dilution, but runs are based on perception, especially in pinkydom, and even though many here believe the OS is manageable and in line, the psychology on the investor of what management =might= do over the coming months with what is in the treasury is going to continue to be a formidable drag on the stock valuation.

Again, they need to justify what the need to get by, and get rid of the rest. Eventually, if this roll-out is a success, they will have to address the A/S issue sooner or later if they hope to climb the exchange ladder. Why not treat the canchoring sore now?