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InVivo Therapeutics Holdings Corp. Message Board

  • jupiter_symphony33 jupiter_symphony33 Jul 31, 2013 3:47 AM Flag

    postponed indefinitely?

    "indefinitely" is very vague. means the uplisting could happen at some unspecified time in the future or never happen at all.

    seems to contradict the claims of some longs on this board that the uplisting is a certainty and will happen sooner than later.

    this stock was being pumped hard on the basis of the certainty of an imminent uplisting.perhaps the pumpers really believed it, but when I see how quickly management is unloading shares I wonder.

    press release is very vague though - reason cited for postponement is "due to issues related to corporate governance." that could mean anything. not enough information to be useful.

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    • First: Corporate Governance relates to a VERY specific group of issues - there's nothing "vague" about it.

      Second: Of course shareholders are excited about uplisting; they still are - and actually we know more about the potential timing now than we did yesterday at this time. We still don't know when it will happen, but we do know that it won't happen Monday (which will at least make the board a little less cluttered this Friday, I guess).

      Third: "indefinitely" is not at all vague, it simply means that the specific timeline is unknown as of the date of the 8-K - and it most certainly does NOT mean or imply that listing to a major Exchange has been cancelled.

      I know I addressed your points in reverse order; I hope that wasn't too vague for you.

      Sentiment: Strong Buy

    • johnnykita1 Jul 31, 2013 4:53 AM Flag

      I think it's worded correctly. It means just enough information to be fair.

      Sentiment: Hold

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