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Sequenom Inc. Message Board

  • racist_pukestevens racist_pukestevens Oct 22, 2013 1:30 PM Flag

    PREPARE TO BLOCK THE BOARD OF DIRECTORS PENDING PLAN TO REWARD THE SHORTS WITH A PIPE DEAL

    You know it, I know it. They've been knowingly looting our pockets by lining theirs ever since Hixson announced the first dilution. Who do you fools think the buyers of those newly issued shares at market and lower were? You guessed it, the very hedge funds that had lined up to short the stock to oblivion in the first place. So why does management and the board of directors throw us to the wolves every time? Why do they tolerate it? Because by hook or by #$%$, they're "incentivized" - yes, they too are in on it. I suggest that if you are currently a long or if you WERE a long who got blown out of this stock, to send an email to Harry Hixson via investor relations on the company website. Cut and paste the following into it:

    Dear Mr. Hixson,
    As an investor in your company, I would like to protest the manner in which you have systematically abused the shareholders in this company through the use of private placements by the very entities (hedgefunds) that possess massive short positions in this stock. By guaranteeing them the right to cover at a fixed price, you give them a free passage to riches as you in effect "rob" the true owners of this company, it's long shareholders. Please put an end to this practice immediately. If it were to occur again, I will be volunteering to serve as lead plaintiff in a class action lawsuit or possibly hiring my own lawyers to sue on behalf of me and my family. Please don't take this lightly. I am serious and demand that you respect my rights as a shareholder starting right now.

    Sincerely,

    Your (real) name and email

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Any updates on the fake lawsuit threats? Case number? I though not! lol

    • While I would not jump to that immediate conclusion, I think that there may be enough evidence to prove that this has been the LAZY CEO's avenue to refinance a company without any benefit to the public shareholders whatsoever. Usually one would like to think that it's a CEO's ability to work a company's influence not only within their own particular industry, but within the world of finance as well. Originally, when PIPE deals were first conceived of, they actually served as an endorsement of a company and it's future prospects. Unfortunately, with the ever increasing specter or Short Financing via PIPE, it's become and abusive and illicit method for propping up a failed management strategy and dwindling balance sheet. There are other methods that a far superior and less harmful to shareholders, but it makes the managers look bad in addition to disallowing them of yet another opportunity to line their own pockets with cheap (or often free) shares. Hixson has already done this 2 times with Sequenom that Im aware of. I doubt he'll pull this ploy again if in fact you people do launch shareholder awareness that puts the spotlight on him. In any event, I believe that this stock has been so beaten down, it is in fact where the powers that be want it and has a greater potential to rise than to fall.

      Sentiment: Strong Buy

      • 1 Reply to stocktriage
      • stockriage-- you can write terms into the pipe that prevent shorting. However, the get arounds are many and police are not in town...I agree PIPEs are ugly all around. But HH has put the GA div.up for sale, he has made a case for protecting us from an ugly pipe, but IF no one buys the GA division, then he will sell stock, not doubt.

        However, if he works the timing right...say right after Ariosa is barred...he might not need as much. One cannot imagine being a VC behind an barred company.

        I do agree that the entire world is against SEQ...and should it prevail in court, same entire world will be at the BUY window in about 3 seconds. But first we have to reverse things in court. Mighty task or Easier to do now that we've been to FC? See, the trip to FC may have looked like a waste of time but that REMAND was pretty clear...I guessing the Ariosa boys are working out of boxs and they have a chartered plane at the ready on the runway. LOL.
        Indy

        Sentiment: Strong Buy

    • Thanks again RPS, for bringing this long overdue subject to the forefront. I am sick and tired of the company's use of the public shareholders equity as fodder in a battle that wouldn't have to be fought were it not for their ineptness in protecting the company, it's IP, it's assets and it's future. Making deals with the devil has never been the answer.

      Sentiment: Strong Buy

      • 1 Reply to block_the_pipe
      • My thoughts are to give Hixson and the team a little more time. Their hands have been tied and their mouths have been gagged by the legal proceedings for some time now, but that's all about to change. They may be up to far more positive behavior than any of you are giving them credit for. As you say, patience is the word here. Whats that old expression? "The Darkest Hour is Just Before the Dawn".

        Sentiment: Strong Buy

    • Ha Haaa!
      Imagine Hixson's face when he gets this one:

      Dear Mr. Hixson,
      As an investor in your company, I would like to protest the manner in which you have systematically abused the shareholders in this company through the use of private placements by the very entities (hedgefunds) that possess massive short positions in this stock. By guaranteeing them the right to cover at a fixed price, you give them a free passage to riches as you in effect "rob" the true owners of this company, it's long shareholders. Please put an end to this practice immediately. If it were to occur again, I will be volunteering to serve as lead plaintiff in a class action lawsuit or possibly hiring my own lawyers to sue on behalf of me and my family. Please don't take this lightly. I am serious and demand that you respect my rights as a shareholder starting right now.

      Sincerely,

      Ms. Denise Lo Stevens,

      LOLOLOLOLOLOLOL!

      • 1 Reply to u_fail_again
      • You can write all the letters you want. Your penny stock boiler-room multi alias machine letter will change nothing. You represent 0.000001% of this company. You letter will end up in the circular file!

        How about this, instead of POSTING about lawsuits FILE ONE and post the case number for all to see. Until then you are another stuck penny stock trader! lol

    • Bump Bump!! Thank you pukestevens!

      Sentiment: Strong Buy

    • After reading the posts from dennislo , I can say without hesitation that he's mstevens along with around 5 other bashers on this board. The big reveal on this persons true identity is the pompous goading that he seem to revel in. I see that this mentally depraved individual seems to "stalk" posters from message board to message board trying to find "clues" lol. I would think that if we spends 1/10th as much time studying stocks, he'd be so well off that he'd be gone from these boards. No doubt just another 2 bit penny ante blowhard. Oh wait, here's the best part just for your jealous hater: I JUST BOUGHT IN FOR THE FIRST TIME TODAY!! Now you go have your fun with that /

      Sentiment: Strong Buy

    • Good post. Good Idea. Im with you 100%. It doesn't matter whether we have the votes or not. We have the numbers and the power to take this to social media and go viral with it. We will SHAME these mthfkers back under the rocks from which they came. Right on brother!

      Sentiment: Strong Buy

    • Yes, but wait for the injunction to be granted first. Then if that fails, we've got even more ammo to dump the toad.

    • Let's keep this post alive for a while fellas. It's worth the raised awareness if nothing else. Management MUST be held accountable.

      Sentiment: Hold

    • Together all of you don’t have enough shares to block anything. No attorney will be taking the ehh hemm "case" since you have no case. To the fella who claimed he had some people who say they overheard some others telling a story about how this is going on while they were at a social function..... That is frigging hilarious. You should march right over to the local SEC office and tell them that so they can walk in shut down this company right away!!

      Let’s think about this…. Not that it could ever happen but just as an exercise in “what if.” The moment your attorney filed charges (not that any attorney would take the case or had grounds to file charges) the price of the company would take another HUGE hit. This company is flirting with bankruptcy as it is and you’re trying to push them over the edge. The company could not sustain another legal action against them and they would surely file for protection. That means the shorts won’t ever have to cover. The parts of the company worth anything will be liquidated to pay the bond holders who will receive, if they are lucky, dimes for dollars, and the common stock holders will get nothing.

      On second thought, you should pursue this idea right away. In fact you should call the SEC and start calling the press to let them know too!

      Congratulations you folks are quite forward in your thinking on this plan!!

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