12-20-2014, 12:50 PM
We will have our day in court if they don't change course by Monday! They are either partial frauds or just negligent in understanding the capital Markets. Considering their numbers weren't great I
think years ago they were and now they have cleaned up and they are negligent idiots.
Let's put it in perspective one last time: "we could have announced a large buyback" but they are unlocking value through the reverse merger... 1st.
1. If they bought back here(pre-unlocking) value and (pre- accelerating growth) the result in the longer term is obviously more beneficial. Than buying back stock when the stock has recovered either a little or substantially.
2. It's clear they have no interest in buying back stock and the question
Is why? Does mgmt not want to put up money?
3. They are essentially saying their stock is not a but right now by doing this.
No matter how it's spun it doesn't make sense to do this and as the stock has sucked and as the allegations have not subsided based on their negligence this "deal" needs to be canceled.
If not, one way or another they need to face the consequences for lying and building the expectations of buying back stock 48hrs after filing earnings. I will not rest until they face the music, because you can't just lie about it. In 4 months they'll have another excuse or they'll be delisted.
Are they planning on stealing the company and going private, hence want the cash?
think years ago they were and now they have cleaned up and they are negligent idiots.
Let's put it in perspective one last time: "we could have announced a large buyback" but they are unlocking value through the reverse merger... 1st.
1. If they bought back here(pre-unlocking) value and (pre- accelerating growth) the result in the longer term is obviously more beneficial. Than buying back stock when the stock has recovered either a little or substantially.
2. It's clear they have no interest in buying back stock and the question
Is why? Does mgmt not want to put up money?
3. They are essentially saying their stock is not a but right now by doing this.
No matter how it's spun it doesn't make sense to do this and as the stock has sucked and as the allegations have not subsided based on their negligence this "deal" needs to be canceled.
If not, one way or another they need to face the consequences for lying and building the expectations of buying back stock 48hrs after filing earnings. I will not rest until they face the music, because you can't just lie about it. In 4 months they'll have another excuse or they'll be delisted.
Are they planning on stealing the company and going private, hence want the cash?