What a pipe dream. The IP seems worthless as they cannot market that. The Co. has used up huge amounts of Capital with no tangible results.
This could halve in value b4 anyone bids 40c as the Buyout value.
His aim and yours are different. He and his pals are more concerned with a tax free livelihood. They have perfected their skill set. Over $1.5bn have been raised from over fat Investors over 15 yrs and it has evaporated in expenses.
Their business plan seems flawed and has no demand . The Insurance demanded for any new product that replaces current natural source by a artificial one is extremely high. There is no profit margin or trial date to prove it is safe to cover that.
Money down the drain.
fred_: What happened to your "One Of the best". You need to keep abreast of the real world instead of believing in that Pin stripe Hype.!
No; that sure was a false alarm.
The stock might soar if the proposal to introduce DISCO Ebola Vaccine Nasal spray is approved by the African Nations Drug tribunal where the appilication is pending.
The demand for the spray runs into a few mills.
You keep tapping the same beat. There is no Bull mkt in India. Bovine slaughter is prohibited by law.
However , they do permit slaughter of the Lambs.!
Yes; but dont forget to account for the growth in Corruption, suicides, rape, illiteracy and poverty you see there.
No dilution.It looks like a marketing ploy and lots moe to shed..
You got to feel the hard bottom . When approaching the finale, you then take their new AEROSURF which enables one to fly like a bumble bee. and gain 15 c for a few hours before falling back to reality.!
With the Govt now concentrated on Yoga, Taichi and culture,dont be surprised when you see a new low within 60 days.
Lots of pink slips and employees let go because all the Govt. hype of Bank accounts for the masses netted more losses for the Banks.
The CEO has been playing footsie with the Govt at the cost of the Investor.
Fred: That's no secret. Nature has ordained that the front is always more attractive than the behind.!
You got to have lots of cash to BUY after you see the new low sometime in mid June when they announce that the Monsoon is late.!
Many Co's using fly. networks and nepotism arrange to borrow large sums of money from the Banks and the public thru the issue of convertible Bonds in illiquid Cos. They pay the interest for a couple of years and then default.
The Bonds are worthless and the Banks and public are left holding worthless paper. The Banks instead of taking a write down of these bonds continue to maintain them at par. The Indian investment community have mastered this practice for centuries.
Don't be fooled by the Balance sheet of banks if you have no access to what it holds.
Don't waste your hard earned money. The Mgmt have had a great time at your expense without delivering anything for ten years. They are now heading into Pink sheets status and final fold up.
Once again the Egomaniac is on a spending spree . They (MT) have entered into a pact with the Indjun authorities to fast track and build a steel plant in his homestead in India,
.The steel that was previously imported from other Mills will now be produced locally creating a bigger global oversupply.
It is rumored that the Govt has promised them the highest national award if he can deliver the steel mill on time.That award will soon be offset by bigger losses and lower stock prices.