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Organovo Holdings, Inc. Message Board

  • da55id da55id Jul 30, 2013 10:11 PM Flag

    To the investors

    we have been on Organovo since 2008. For four years we did not know if the company would succeed nor could we sell our stock. We did not wonder each and every moment if the company and technology would succeed as a commercial enterprise. We carried on and helped where we could and lived our lives while the company made excellent progress. We lived through the time where the reverse merger allowed Organovo to access public markets - but, since we were early investors, we were required by law to stand by and watch while buyers in the IPO were free to sell their shares but we would have to wait a full, never ending, interminably long lockup period while watching having to stand on the sidelines while the stock went above 10 dollars a share during the boiler room bull/bear raid of June 2012. After a full year of waiting our stock became marketable in February and what have we done? We and others donated shares and sold enough stock to provide Organovo and researchers with 1/2 million dollars in research funds so that our desire to see real replacement parts for nice human beings who now suffer will become reality. The vast majority of our stock remains and we are not selling because it is simply too valuable. I don't care about the daily price. I care about management continuing to execute this amazing plan and delivering results, both financial and scientific. If you are an investor, I salute you as you are aware of the special nature of this company and technology and are willing to accept real risk for lofty potential.

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4.06+0.040(+1.00%)Jul 22 4:02 PMEDT