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InVivo Therapeutics Holdings Corp. Message Board

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  • voisybay voisybay Jan 30, 2013 9:15 PM Flag

    Langer registers to sell 250,000 shares

    what about Dr. Langer selling shares to give to other employees of In Vivo (staff, researchers etc.), students, post-docs who work in his labs (and do all the "grunt" work that goes into these patents, discoveries?) This gentleman has always been honest, forthright and caring to all those who have worked for him (read the NY Times article November 2012)--there is no way I believe he is doing anything underhanded here!!

    Sentiment: Strong Buy

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    • In my original post concerning his registering 250,000 shares for sale, I never implied he was doing anything illegal. I doubt that he is doing anything illegal. If he wanted to give his employees something, why not have the 250,000 share certificate divided up into 10,000 or 15,000 share lots and give the shares to his employees. Langer and Reynolds are pitching NVIV as the next Holy Grail for SCI. If they really believe what they are preaching, and if they need funds for a divorce settlement or whatever, why not put their stock up as collateral with a banker and borrow the funds they need? It just doesn't look good to an investor who is debating whether to buy shares of NVIV to see that the tow main principals continue to sell stock!

6.68+0.28(+4.37%)May 27 4:00 PMEDT