Replies to post #8176 on GTC Biotherapeutics (fka GTCB)

[exwannabe]

RE: If investors don't concede that simple fact, then more trouble lies ahead.

Huh?

If you mean more trouble for those investors in whatever they get into next, fine.

If you mean more trouble in GTCB, that would be absurd (unless you live in the fairytaleland where ownership has some influence on the BOD).

[I agree with you on the main argument]

[OKY]

"we were led to believe"

Led –directed, piloted, guided to, and conducted. Many times the supposition being nefarious, as being led astray, with intent to defraud.

Instead of, they thought, or hoped and we believed and
hoped.

“With all due respect, this is not a constructive mindset.”

Once again, we want Cox to speak positively about GTC. We want sales people. Cox is not a band leader however there may be a feeling that following positive speculation is keeping a positive mind. If they posted nothing what would you say? And yet its nothing they know for sure.

“Therefore, the "unknowns" that led to this dilution could not have been positive ones either;”

No, but they where unknowns, unless you feel they where not, then you have something.

“management failed at some point”

They may have failed to understand another’s fraud, or greediness. They may have failed to understand lies or deception. I’ll give you that much.

WE Know Nothing, but nothing.

[mouton29]

<<We do know, for a certainty, that the company was just diluted 10% or so. That's a fact, and not a positive one. Therefore, the "unknowns" that led to this dilution could not have been positive ones either; in other words, management failed at some point.>>

This illustrates the fallacy that all bad that happens is due to management incompetence and conversely, all good that happens is due to management skill. In fact, there is a large element of randomness -- deals that were close to happening can die, markets can enter turmoil, reasonable projections are not met, etc. And while many of these risks can be mitigated, insurance (like raising capital way earlier than it is needed) is expensive. This is like blaming or crediting parents for how their children turn out -- no doubt parents play a large role, but the rest of the world, and randomness, play a role as well.

[jessellivermore]

Since you seem to be into cold hard facts...

Life is a little more complicated than you and wannabe want it to be. In life or business it is not always as simple as right or wrong,,, or when to decide to borrow money...what I see in both your posts is a lot of naivity and an over simplication of what happened . Thr unvarnished truth is you and wannabe lost money (at least temporarily) and want to blame someone for it. Well you put your money in.....this is not a savimgs account.. Apparently neither one of you was prudent enough to read the Safe Harbor statement attached to everything GTCB puts out. You really think these guys can control the potential partners or the credit markets...which have sucked for months...if you are smarter than Cox I guess you would have figured out their cash situation and shorted the stock...with all due respect why didn't your mindset figure that out. The financials were all over the read me section.

You guys are not geniuses and Cox and the crew are are not morons.... were all trying our hardest to get by in a very complicated world where randomness plays a much bigger role than we like to believe (read The Black Swan). Stop grousing about the puny little dilution....if the company is successful it wont mean anything. ..If you know what happened,,,names, sequencing etc please hold fourth otherwise I'm sticking to my statement...you don;t know what happened.

[vinmantoo]

<<We do know, for a certainty, that the company was just diluted 10% or so. That's a fact, and not a positive one. >>

Actually, the dilution was about 6% and won't be more than 10% until the warrants are purchased. As far as it being a negative, yes, in the short term it is a negative. If it buys GTCB time and they are able to get a better partnerhsip than they would have without the new stock issue, then it will have proven a positive.