That is what I'm betting on. Hope your are right! Once we get the 9% ownership left and the warrant expire date is issued, the big ride should start.
Before going up, all the shares (500k) from the offering have to be sell. Don't think it is completed yet. They are taking their time until the january the third is gone.
On every offering and other forms like the one that explained the good reason for making an r/s, there is always this politcal answer......
' ....for the best interest of shareholder...'''
It is just like no matter what he will do or what he will tell, this answer will be there.
Can't wait to see when the best interest of shareholder will be the case.
For the moment, everything that come out from Neil' Koehler mouth can be seen in the blablablabla land.
The problem is not the industry..... it's the CEO. Even if we read good news with ethanol market, NK will make an anti-shareholder action.
Complaint in resume but my written letter has a lot of info
1. Complaint about genral operation by mentioning 34 form S-4, 1100% bonus increase, lack of info, suspicious reverse split, etc.
2. Complaint about form S4, september the 17th. I talked about misleading info : '' Date written on the SEc form : '' held by such holder with respect to the remaining accrued and unpaid dividends through March 31, 2015''. Payment appears to be before. I also mentionned that Neil Koehler is the President, the preferred stock holder, the negociator, the commun shareholder representative. He worked for his best interest and show nothing to retail investor.
3. Complaint about the 10Q form from november the 12th. Hidden number, didn't show right info for commun shareholder, added Q4 feedstock expenses to Q3 earning with proven document.
4. Complaint about the 424B5 form. Just a shareholder bomb which wasn't explained in form 10Q showed on november the 12th.
We have been told since a years to buy. After making money, reducing debt and so on, the target went down from 14 to less than 10$ per share while the price stuck to 4$ and insiders sell.
Can we really trust these coverage?
Yeah, uncommun equities lost credibility. Nobody are reading this dummy expert anymore.
Is it another one as a replacement?
Oh yeah. We can bet on that! For their great work. So Layne will get his shares back!
So Layne is right, should we sell? It is a lobster cage. We are all trapped. Market is excellent, Koehler confirmed in a conference, dummy uncommun equities that keep mentionned buy rating but reducing all the time is target (bastxxard) and so on.
What is happening with the shareholder lawsuit that Rex mentionned?
No, but if you are ready to send an e-mail to them with racer's messages show that you are not happy about what is happening. That is exactly how we feel! No matter what are the reason,
Remember, we are on the same boat! The potentiel of the company is HUGE. We just need to find a way to stop Neil's manipulation or he has to stop it by himself. If it is the second part, when will he be done?
Wow, you are starting to think like us Biff! You should had believed me when I said it. Remember, I told you that I have experience in the business. Maybe not as you in public market but business.... oh yeah!!!
The 10Q form announced dilution to come. So funny to see that the dilution we have this week wasn't written in this form. So, Koehler is not done yet!!!
....and an insider sell! Some people Inside the company understood Neil's plan the same as us!
'''the minute amt of shares issued will pale....''
They needed 2millions $ only. If they would have paid with cash, it would have been not pale but translucid!
Myself and probably most people have just enough of seeing dilution. In 6 month, we had a 15:1 reverse split and the total of shares went up from 10.9 millions to 16.089 millions. So, we have been diluted more than 50% in 6 month while mgmt got a lot of shares which most of them were free. It is only a win for one side at the moment.
The debt payment and 91% ownership is a great news, can't denied that.
We still don't know about the 2.2 millions warrants which will not be exercised if it doesn't reach 6.8 before january the third. The move of the 500k offering can be a way to control the PPS for not reaching the 6.8$ target. So, this will means an exchange of 2.2 millions shares for 500k. If it stay like that, then we can say it is a good move!
That was a good call! If it collapse, won't be for a long time. If they make some real good announcement in january after the warrant expiration date, it will start to go up....
So if the company is currently benefitting from the best operating margins of the years, WHY ASKING SHAREHOLDER TO PAY DEBT WITH DILUTION?
Not making any sense!
If they can stop diluting, 2014 will be a surging PPS!!!!
In Q3 earning, the report showed that they have 9 millions in cash. Since we are in Q4, Koehler mentionned that the margin were the best in the complete 2013 years.
The only way is to be sure to keep the price low until the warrant date expired. So, he convert 2.2 millions to 500k. It is ok but even that sounds stupid.
He admitted on the LD micro conference that his (''HIS'' choosen on purpose because he always take decision for his own interest) company Worth 500 millions$. With 15.5 millions shares, considering 85% own and 91.6 millions $ debt, the shares value should worth more than 21$.
Why offering at 4$? What a clown.