Damien thinks the NTIP CEO has his head up his #$%$ and will go on vacation the next 4 years. I see additional lawsuits coming under the Cox portfolio of patents. And IMO the YouTube settlement could very well be the biggest of them all(except for the Cisco agreement).
I'm with you hweb, apart from some of the past few PR's this one has some substance to it. This seems like an entirely new market that EVOL is addressing. And an exciting one IMHO.
Price of the offering closer to $13.50 IMO. The stocks price action today tells you about what level they will be pricing the offering.
BS, you got caught with the offering announced after the market close. How about selling your fiction on some other boards tomorrow.
I'll bet that wee bit of information was mentioned at the annual meeting on Wednesday. Management probably figured they should pass it on to all shareholders.
I think this is an added hire to a new position. And as I said, I do believe he was brought on board to specifically kick #$%$ in their sales. The good news would be his familiarity with the entire product line and thus he should hit the ground running. The bad news would be the short term overhead cost added until he can turn some deals.
---suggests to me that others on board haven't been getting the job done. Hope I'm wrong on that count. The stocks price action says I may be right.
hadarbej, thanks for the clarification. Your last sentence is what I believe ATTU was trying to get across to the market.---Now for those that believe there will be an active suitor in the not too distant future as I do, they should be accumulating ATTU at these levels.
Very true expect that they are losing money and over fist year after year. Get set for another major stock dilution offeringin the not too distant future.
That's why this is the strangest "Stockholder Rights" offering I've ever been apart of. We now know it's 70 of the Israeli currency converted to dollars or around $18.50 per share. But as you stated it's still well above the current price. The market hasn't recognized it as of yet that the ATTU management has posted that number as the minimum they would expect. Let the bidding begin. And I do believe there will be bidding before the year is over.
Must say this is one of the strangest "shareholder rights" plans I've ever come across. Basically it's telling any potential bidders just where they should start the bidding if they want the board to consider any buyout proposal. No question in my mind that they have some "SNIFFERS" lurking around looking to make a bid.