No, as usual you are missing or avoiding the point. Millennium is not an intsitutional stockholder. They own NO STOCK! They purchased a convertible debenture. Well before that deal, Masiz said 60% of stock was held by institutional investors (plural). Where were they on the call???
I guess bigter slipped out of here before he answered this question. What a joke Masiz is. Claims 60% institutional ownership but doesn't take any questions on call. Then the pumpers and shills try to defend it. Un-freaking-real. What a scam.
I don't think he lied, I think his choice of words was poor when you consider that every sylable will be dissected by the folks on this board. Can't you give him credit for the deals that have been put in place since the IPO in late December? If you are short on this stock, yes I understand your position of bashing VAPH, just as you must understand my eternal optimistic outlook on my long investments. What the folks on this BB need to do is to give them another 3 quarters and then eat your words about progress and deals in place that will bring the desired results. Ho hum, think I'll got hit some golf balls .... see you on Monday . . Ole Matt Goldstein didn't wait very long before he wrote his latest pathetic blast at VAPH . . looks to me like he's running out of stuff to write about . . . Masiz probably hung up on the call so he wouldn't have to take a call from that miserable you know what . . . .LOL - maybe this latest deal will drive the price down a couple of points and I'll pickup another 10K of it
Why am I here?? Because I am short, of course...you know that. So, you agree then that Masiz lied when he said 60% institutional ownership of the stock?? So why would you hold a stock where you know the CEO is a liar?? That I don't understand.