The source was listed in the title. Look on the MSHA web site. If you can't find it, sorry. That should be a site anyone who invests in mining companies knows how to use.
Let's say IDSY initiates lawsuit now. New Hertz CEO comes in, he wants to sweep all the junk out of the way. Bad audits, lawsuits, write downs, write offs. Just start fresh and make his own name. Once he is settled, a new lawsuit would never fly.
What's $20M+ to a multi-billion dollar+ company? Nothing!. Hertz has billions in audit issues. $20M+ is noise. A rounding error.
based on the statistics page for the just completed Long Beach show run by PCGS, 1700 coins crossed at the show. At $110/each + 1% of the value of the coin, this special alone generated on the order of $250,000+.
Crossovers are coins encapsulated in slabs from vendors other than PCGS that try to "crossover" into PCGS. The special was there would be no fee unless the coin did cross. Crossover rates have historically been around 38%. People would rather have coins in PCGS slabs as opposed to other companies as the PCGS slabs can be sold for more money. So a high value coin can go up 10% or more just for being in a PCGS slab as opposed to a NGC slab. Having the special is a way to get some marquee coins into PCGS slabs and collect a large fee.
They ran out of executive options to give the CEO and other execs in fiscal 2013. So they put it to a vote last year at this time and increased the number of available shares. Those shares were thus granted in the 2014 year rather than 2013. This caused stock based compensation to be about $1M higher than it should have been last year. This subtracted about 12c from GAAP for the year. So technically, last year's GAAP was $1.02
They also have about $400K in tax payments that they are keeping in reserve should the IRS rule differently then their auditors advised. If the IRS does not come after them, that flows into profits as well. it is about 5c/sh
recent selling patterns have not been this lite. Plus BOD members have options that expire in Nov that need to be exercised or lost. The options are at $17+ so that would mean a huge cash add to the company if exercised.
I want to buy more but I want a good price. There are so many irons in the fire that this has to hit one soon. Jagid's options expire in less than 9 months now.
I have a feeling 2015 will be a make or break year. Ehrman will run down the cash and sell out, or run down the cash and build a much larger company. The days of looking to collect a large paycheck for doing nothing appear over.
come on down. I would LOVE for CLCT to hit $15. So would many large holders. That's the difference between you and me. If I love something at $20, I really, really love it at $15
Just make sure to actually add to any discussions rather than your normal lies and ad hominem attacks.
should I join you on the WG board? Or is my spanspur and GS aliases sufficient?
poor billytex. His LIES have grown so bad he can't even keep track of them. The same thing he actually accused spanspur of doing. This stock attracts social deviants