I read your posts and believe you made the right decision in selling.
As to lock ups. I believe the management does have a share lockup but they can sell if they get Karshner Davidson's approval. When you are paying a broker monthly consulting fees, I don't imagine its too hard to get approvals when you want to do something.
If you mean he sold, I wouldn't call it the dark side. I'd call it seeing the light.
In over 20 years in the business, I've seen a lot of so called "emerging companies".
some turned out great and a lot were disasters. From my reading of the SEC filings and looking at the press releases and websites, I'd bet there will be a lot of sorry investors here.
You don't have to worry. You got in at the beginning of the chain. Got your initial investment out and probably realized more than a few bucks in profits. Now you're letting the house money ride.
But there are a lot of people who began buying in the thirties and they may end up in tears.
I'm curious why you think the SEC/NASD should be involved with this. What has the company done that would require any intervention? Stocks run all the time... many times for no reason other than herd mentality. I'm not asking a loaded question. I don't see anything... show me what I'm missing. Oops, I mean, show me what I missing PLEASE.
Best of Luck,
well, for one thing there's the foot doctor issue. Tehn there's the press release regarding the split and the "instituional interest." Call the company and ask about that. Basically, I am saying I don't believe it (i.e. lie).
And finally the Kashner underwriter/market maker thing. Do you have NAS level 2?? If so you'll see Kash is in there hard.
At this point this is too small a fish for the SEC or NASD to be interested. Honestly, more likely would be the class action plaintiffs lawyers who would step in but even they are likely not going to bite because VAPH likely doesn't have a decent D&O Insurance policy.
Stay patient and let the market do its thing, ultimately everything finds its right level and I have learned that with a short you have to give it a lot of time to play out, eventually if you have done your homework right you go home happy.