Recent

% | $
Quotes you view appear here for quick access.

ЕЛН Message Board

bocamp1 249 posts  |  Last Activity: 14 hours ago Member since: Oct 13, 1998
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Peter Castle is CEO of Netwolfs

    by bocamp1 Jun 1, 2015 9:19 AM
    bocamp1 bocamp1 Jun 1, 2015 10:38 AM Flag

    In the history of M&A on wall st, I defy any one to find another example of a company buying another company where ceo of buying company's salary and perks has been set by the CEO of acquired company. Are these knuckeheads for real? How much stock in NetWolves does caslte have. The conflick of interests boggles the mind.
    Of the 1000's of possible merger possiblities, amazing vaso choose Netwolves.

  • Reply to

    Peter Castle is CEO of Netwolfs

    by bocamp1 Jun 1, 2015 9:19 AM
    bocamp1 bocamp1 Jun 1, 2015 11:08 AM Flag

    Come on reseller, even you must see the conflict of interest here with Castle setting Ma's salary(which all complained about being too high) the last few years. And now Ma, turns around and buys Castle's company?

    This IS NOT the way such transactions are done. And once again, Ma's track record on enriching shareholders through buyouts is not good at all. This whole thing stinks and I am sure will attract some serious SEC scrutiny.

  • Reply to

    Peter Castle is CEO of Netwolfs

    by bocamp1 Jun 1, 2015 9:19 AM
    bocamp1 bocamp1 Jun 1, 2015 12:01 PM Flag

    Man, you are as dumb as wood. The conflict is the millions in salary and perks that Castle voted, as chariman of the compensation committe, to Ma over the last few years. Then, what does Ma do................buy Castle's company for a "fair" price." It must be disclosed how much, if any, Castles equity stake in Netwolve is now worth. Thats the alleged conflict. Can you understand reseller. No 2 companies work an M&A deal with this dynamic.

  • Reply to

    There will be an 8k by end of today

    by resellerguy Jun 1, 2015 1:26 PM
    bocamp1 bocamp1 Jun 1, 2015 1:44 PM Flag

    Please ask your boss what equity % castle owns in netwolves. Its a fair question and will have to be put in SEC docs anyway.
    So, its just a coincidence that vaso; a medical device sales company, bought a network security firm. Sounds like a perfect fit.
    This company has gone so far away from eecp, its a real shame. I cant imagine how disappointed the Internattional EECP Therapist Association must be in the total abandonment by vaso. Especially when a few years back they promoted organization and webcast.
    Buyers of stock now have to believe that Ma can run netwolves better that it was run as a private company. Ma has no credibilty here and past performance of his aquisitions have a very bad record. These are facts reseller. If you have any to support your "stellar view"; please provide. Of course, as usual, you have not facts.

  • News of a transaction of this size should have been released on a major wire service. But in fact, it was only released on Accesswire. Are you kidding me. If you have an e trade account or Schwab and have vaso in your account, you will see NO news at all. That is because no one uses this service. No pre announcement, No 8k and news on a little known service. It appears Ma and company want to keep this under the radar. Does that have anything to do with the conflict with Castle.
    None of this adds to transparency. If you have been an investor for years I am confident you havent seen any deal with this relative size treated in this fashion. It all has the appearance of Ma hiding something. Ma needs to know SEC laws are not China laws. Full disclosure is demanded. Wake up Ma!!!!!!!!!!!

  • Reply to

    Poised to pop

    by over_the_hill_999 Jun 2, 2015 11:22 AM
    bocamp1 bocamp1 Jun 2, 2015 12:16 PM Flag

    Using all their cash or assumning debt presents a whole new set of concerns for investors; ones that we have not had to consider since stock was stuck at a nickel. VASO has been frustrating but an easy hold since it had cash to cushin all of Ma's missteps. Now, if Ma can not execute, company will go BK and Castle and his cronies will be the only ones to profit from this transaction. So, investors are now assuming a much larger risk; that Ma can just step in and run a network security firm. Good luck with that. Tons of competition in this space. And we all know how well things go here when it gets "hard."
    No reason for eecp investors to stay will this company now. If i wanted a security firm, I would buy vdsi or feye. I could have understood (not wanted) an acquisition in the medical device sector, but this is absurd.

  • Reply to

    Poised to pop

    by over_the_hill_999 Jun 2, 2015 11:22 AM
    bocamp1 bocamp1 Jun 2, 2015 1:51 PM Flag

    Reseller, you have as much credibility on this board as Ma has running vaso the last couple years. And your comments on market action are idiotic. Really, you should stop posting such non factual nonsense.
    Did Ma buy growth in the china acquisitions? He said he did, but how did share price react? I know, this time it will be different.
    Its clear that Ma is a very weak negotiator and Castle talked him into this deal. VASO now a networking company. That is absurd. How much is Castle going to make on this deal? The SEC wants to know.

  • And one tick of 321k there. Trial results any day now. Would not like to see stock close below that 4.4 level.

  • Reply to

    Poised to pop

    by over_the_hill_999 Jun 2, 2015 11:22 AM
    bocamp1 bocamp1 Jun 2, 2015 3:34 PM Flag

    What do the China purchases have to do with Netwolves

    The history of poor acquisitions gives little faith in this purchase. What does an investor have to go on if not past performance. Of course, those in charge like to forget the destruction of shareholder value the china buys caused. And just repeat "they are accretive." This lack of honesty also doesnt instill any confidence in the Netwolve #'s.
    I have talked with Castle. He is not impressive and has a carnival barker way about him. I wouldnt trust any # from him concerning Netwolves. IMHO

  • Reply to

    Over 500k done at 4.4 now

    by bocamp1 Jun 2, 2015 2:14 PM
    bocamp1 bocamp1 Jun 2, 2015 3:36 PM Flag

    Stock acts like news in the next 24 hours. And positive.................

  • Reply to

    Movaseghi not Castle

    by resellerguy Jun 3, 2015 9:01 AM
    bocamp1 bocamp1 Jun 3, 2015 9:25 AM Flag

    Movaseghi is the committee chair. But, its only him and Castle on the committee, and you can bet Caslte runs things. If have met both, you know who the stronger person is. Castle sets Ma's salary and perks. Castle also serves on all the other committees; Audit(he is chair) and Executive.
    Castle has is hand in everything and we need to know how much he will benefit from buyout. How much equity does he have in Netwolves? How much money are we shareholders paying (overpaying) him. The conflict of interest very much remains and must be answered.

  • Reply to

    Movaseghi not Castle

    by resellerguy Jun 3, 2015 9:01 AM
    bocamp1 bocamp1 Jun 3, 2015 9:56 AM Flag

    You are a blind fool if you dont want to know what % of Netwolves Castle owns. If it is nothing, then report it. There is nothing subjective about that very specific number.
    The man sets the compensation for the man who is in charge of buying his company and you think it is not relevent? How about an answer for once, reseller. What is Caslte's interest in Netwolves? Simple question, board will wait for your answer.

  • bocamp1 bocamp1 Jun 3, 2015 10:03 AM Flag

    CEO is over 70 and one of his last comments related his desire to reward shareholders. Industry is consolidating in a powerful M&A environment. Rates heading higher provides urgency to do deal sooner than later. 35+

  • bocamp1 bocamp1 Jun 3, 2015 10:21 AM Flag

    Deal is done

  • 5 today. Big blocks at 4.4 told the tale

  • Reply to

    Movaseghi not Castle

    by resellerguy Jun 3, 2015 9:01 AM
    bocamp1 bocamp1 Jun 3, 2015 10:42 AM Flag

    How much does he own? Is he being rewarded for setting Ma's compensation so high the last few years? At the very least. he now needs to recuse himself from the compensation committe. None of this passes the smell test. Netwolves is not part of the core of vaso, which is a med device company.

  • bocamp1 by bocamp1 Jun 3, 2015 11:18 AM Flag

    Lots going on. Just now, sellers in the june 5.5 puts at 90 to 95 cents. Thats very aggressive as most of the time OTM's are sold. It also tells you where we are going in the short term 5.5+

  • This transaction is a joke and will never pass scrutiny by SEC. VASO shareholders are expected to support this. Ma is a #$%$ and the other 2 stooges are thieves

  • bocamp1 bocamp1 Jun 4, 2015 9:27 AM Flag

    Taking on a note at 9% for 3.8 mil. Vaso will be BK in a year and leiberman and castle will walk away rich.

  • bocamp1 bocamp1 Jun 4, 2015 9:29 AM Flag

    Do these guys really think they can get away with this? All shareholders need to write the SEC

ELN
18.120.00(0.00%)Dec 18 3:59 PMEST