According to the FTC reply, CAREFULLY wasn't in the response. If you ain't blatantly LYING, you are willfully withholding the truth. If you can't handle investing you should not be gambling with money you can't afford to lose.
ALL we will hear over the next 2 weeks is how Hackman will make his new presentation. The last time Hackman came out with this kind of attack the stock RALLIED 5% the day he came out, said basically NOTHING, and made a fool out of himself.
The SEC is hot on his manipulative trail, just wait and see.
Is this a new talking point since your " Icahn is selling " fantasy is off the table. It must be difficult being wrong and appearing stupid all the time.
Go back and look at my posts, the FTC did exactly as I said they would. They took no action just because Markey the junior Senator asked for it. They have NOTHING to say at this time......The basher big mouths on this board have no clue how things work, especially the government. Right tex?
Morning mister " Icahn is selling ". How's that egg on your face. You big mouth shorts are all the same, all blow and no show.
You are too funny.....Dear flute, DON'T FOCUS on all my BS and flawed ASSUMPTIONS that I posted, focus on the light over here. You're killing me and you're not talking to a 5 year old.
I have to leave and am going to travel for a few days, I'll leave the babysitting the board rats to someone else for a few. Later kids.
You keep assuming and using words like PROBABLY. Was it verbal gymnastics when I corrected you about the Divvy savings. That was a pretty simple fact that you attacked me about. I would say you are confused.
Let me clear it up for you, ket has JC Penny's, the company that Hackman screwed up with HLF, the one he is trying to fughgfkk up.
I can tell you how I know you don't have a clue.....You didn't even know that the divvy was saved. BASIC stuff.
Your ENTIRE math is nothing more than a jumbled mess where you leave out things and ASSUME most of it. It really is a JOKE.
1) First, How do you arrive at the 111m number? Did you bend over and blow it out your backside when you ASSUMED it?
2) How do you figure 25% go to the banks as shares are converted? #$%$ is this?
3) You conveniently forget to allow for divvy payments saved from the 9.9m convert.
4) Take out your $172 M because that makes NO SENSE.
Heck I'll just stop there. Let me just add.....HOW do you arrive at that 25M number to the banks. Is that another puffer out of your rump?
I admit you make up numbers based on assumptions. Bring HARD factual numbers and then have the discussion. Everything in my post was FACTUAL, unlike yours where you use MIGHT, IF, PROBABLY...etc.
You have been BASHING this stock for a year, I would call that DEAD WRONG. Just goes to show how out of touch with reality you are.
" what you believe does not matter "
because what you make up in your mind does. LOL, since for over a year you have been DEAD WRONG on everything. Do we need to review?
Maybe in your mind because you keep repeating it over and over again. Seems only the HackmanBOTS think this. You lemmings just keep creating issue after issue trying to make it something its not. Lets review...
HLF was a pyramid scheme because Belgium lower court said so. Every day we heard the same talking point. Belgium HIGH COURT said NO, HLF ok. Now we hear nothing on the subject.
HLF going to get restatements that will crater the stock. PWC was taking its time, Hackman was sending threatening letters, every day we heard the same thing, taking too long, MUST BE BAD. PWC came back, tweaked a couple of housekeeping issues, NO change to past earnings. Now we hear nothing about this issue.
HLF NOT GOING to do major buyback. We heard about this every day, NO BANK will lend to them, they cannot get financing, Herb Greenberg even opened his big mouth and said their is no way HLF could get financing. WELL GUESS WHAT...they did.
NOW all we hear about is the SEC and FTC this Friday just because a JUNIOR Senator asks for information and wanted it by this Friday. SO what kids, Congress members ask for information every single day from different agencies and they give the deadlines so they don't get forgotten. These agencies still give the info when they are good and ready. Don't forget, the FTC and the SEC know there is a BIG bet by a hedge fund manager that the SEC already investigated before( Gothem), so UNDERSTAND......They will not rush into anything. Friday will come and go as a NON EVENT, just like all the other make believe issues that the Bashers and Shorts hang their hats on.
Possibly you could do a little DD before making a fool out of yourself. FROM the CC transcripts which I read before posting....." The economics of this deal passed through to the company immediately, even though the shares will not be delivered until the end of the contract. To be clear, for accounting purposes and for dividend purposes, these shares are out of our share (base) as of February 7th. "
How's that MATH WHIZ? I post facts and can back them up, you should try doing the same in the future.
This ketanpatel4 dude is a math MORON. FORGETS, conveniently to deduct the 17 million annually saved on dividend payouts. On a NET CASH basis it cost the company approx. 6 million annually to borrow $1.15 Billion.
ALSO the deal is accretive from a cash perspective, annualized at .56 a share. There will be a 1 penny benefit for Q1, .10 for Q2 and the remaining .45 split over Q3 and Q4.
Lastly, the debt holders will start to receive equity benefits when the stock price reaches $86.75. For anyone with the slightest bit of imagination, I will let you decide if those entities would WANT the stock price to go up.
The SEC is NOT involved KIDS. NO investigation has been launched by this agency. Back in January HLF in a filing said that THEY approached the SEC and I will let you figure out what it was about.
You bashers keep throwing around the FTC and the SEC for nothing more than scare tactics. If Hackman did anything he did alert the company that they probably better tweak a few things as there were some bad apples out of thousands. HLF was proactive and I can guarantee you that NOTHING is coming from either agency against HLF. Pershing Square and Hackman is a different story.