Greetings, fellow longs,
I think RF will play the same funding game as was played with TRQ.
This will involve a fully subscribed offer to buy IVAN shares at some minor discount to already depressed market price, most likely trippling the float, but raising over $80M for IVAN's coffers. Simultaneously they'll do a 3-1 RS to bring the price above $1 and they will keep it above $1 for at least 10 business days to satisfy Nasdaq listing. This will insure the company is funded at least for another year, keeps its Nasdaq listing, and is not under pressure to make high interest payments if it were to do outside financing. I will fully participate in the offering.
More nonsense and gibberish from the board clown, GV66868. dude, you have been wrong so many times that no one takes you seriously. Face it Dawn, you have lost a ton of money on this pig.
Can you do another explanation for us bagholders. I don't quite get your meaning. It looks like IVAN is down again and maybe going lower. I think if you use smaller words we can understand what you are saying. You, GV, are simply way too intelligent for the average person.
Just lime your fake gv66868 alias, you fool nobody with your bd 'r' 'n'=m ccg alias, because anyone here
already knows it's you, Zootroll, you moron. How stupid can you get, repeating these stunts when everyone is hip to tbem?
Awww looki, Zooloo Silvestri is very angry that I exposed his Parkerlab069 alias, yet AGAIN - so he has gone back to impersonation.
So Zoofailry, where are the Pink sheets and BK you have been predicting for IVAN for 10 years?
Wrong for so many years, and only extra folds of fat to show for it - bbbwwwaagghhhhh
Relax Mr Bond , they are not stupid by doing this when breaking news is just weeks away imo , they will raise funds but not the way via private placement offer only to IVAN officers imho.
You are thinking of a 3-1 RS. Any reason why IVAN has not announced the meeting on their website.
July 11 is record date for voting. That record date is kind of important if you are a stock holder on the NASDAQ exchange.
Any funding is a huge positive, especially if it is RF. It shows he still believes in HTL and the business plan. They have failed at just about everything but things may be a change in soon. Whoever is selling is crazy at this point. The key is funding to ensure the future of IVAN and then once a deal is signed it shows IVAN can get a deal done. EC is the one to legitimize everything. They have moved offices and cut staff to finally show they are serious. Hate to see people lose their jobs, especially since it wasn't most of their faults. When a company gets fat they get lazy and IVAN was fat and lazy the last few years. They will be lean and trim and finally ready to move forward.
Buy low, sell high or hold for bigger gains.
That is not how it will play out, but it could play out that way. The other truth is that they expect the signing this summer. The CNPC relationship is not going away, neither is block twenty running away, and neither is Correa--so whats the hold up? The company has positioned an exit strategy but in truth the haggling has got to end sometime and now with money in hand, EC can say lets do it.