You mean issue a pr that puts petty investor concerns over lies made up by a greedy short to rest? You know how many meaningless pr's you'd have to issue after every false claim thereafter? Acknowledge investment risk and deal with your own uncertainty.
Us pat no. 8772575. (Issued today) "Nucleic acids useful in the manufacture of oil"
US pat no. 8765424. (Issued July 1) "Tailored oils produced from recombinant heterotrophic microorganisms"
I believe there are now 28 issued us patents and around 100 us applications under review. Many more international filings.
Context matters, poker. While you can pretend to act dumb, you know fully well that szym wasn't supposed to see any benefit out of SRN until the 50000 mt phase 3 plant was up. The fact that Peoria is up and running small quantities of alga via now already validates wolfsons reason for jv dissolution.
Not saying you got to like it. But your snarky and misleading comments are less than appreciated since I know you know better.
I like your story but it fails to represent anything here. Let's consider another story.
Grocer 1 offers 12 eggs for $3 while grocer 2 offers 60 egg yolks for $5.
If you're a consumer that believes all the flavor and higher quality function is in the yolk ? what is the smarter move to make?
Now imagine grocer 2 has a limited supply of this egg yolk deal. Would you pay more than $5 to guarantee a supply? What if grocer 1 was 50 miles away and grocer 2 was right next door? How much are you willing to offer now?
Grocer 2 has a sign that says "opening soon" and already has a store doing pre sales in the neighboring town.
Is now the time to short the stock of grocer 2?
Welcome to SZYM, king shorty. The less you know the more fun it is for those who see the big picture.
Sad. How can anyone thumbs down a genuinely helpful post like this? (thumbed up to counter) lol
I read through this and realized that all these people are looking for a cause to fight for and need a life. There's something wrong about looking for problems to argue about. The fact that maxx and his synbio pals are "defending" solazyme is like having a lawyer from the other side try to take up your case. pathetic. too many people trying to make a name for themselves - and the rest of the world suffers as a result.
Ironically, that actually describes you as well, kingofshorts9999.
The difference is that Wolfson's greed is bringing about progress to humanity whereas your short-mindedness (pun intended) destroys it.
I find it amazing how much has changed in just 6 short years. Wolfson's emphasis on recruiting young, talented people is probably one of the most underestimated assets of the company today. A mere glance of the company's employees on LinkedIn will show just how far the company's gone in putting together a solid team.
goo gl / JHibZy (or youtube handle: 4EYV2diBSAg)
Remind me to thank maxx for the endless ammo he provided jim thomas. It amazes me how people build careers out of being stupid and reckless...
Wolfson is on a pre-planned trading plan, get used to it. July 24, 2013 he also sold 150,000 shares. Then his schedule reverted back to 35,000 share sales the following months.
If you got a problem with insider sales that give no indication of insider sentiment at a given time (hence the very reason why Rule 10b5-1 trading plans were set up to begin with)... then go sell your shares and stop clogging the board with your panic attacks. Reserve that right for the short-sellers who sometimes pretend to go long.
Thanks for the follow up but most people here never considered there to be a rumor to begin with. Hope this serves as a reminder that people with agendas can say whatever they want but it is those who eat it up and fight to give it credibility by expressing their own uncertainty that cause the unnecessary headache.
The same is going on with ecover right now. Etc group has an agenda. Nyt, jim thomas, and maxx keep the uncertainty alive through their reporting (for or against), and ecover takes a pause for no reason. It's best to just not be part of the problem by pretending it's more than it is...
They should be.
It bears repeating that the increase in spent cash was after the capital raise.
The money is being put to work. Just because they haven't said specifically what it is being used on, it is very presumptuous to believe this is movement of cash is something bad for investors.
when you're stuck between what you will say & what you shouldn't say, it gets tricky to be concise and understandable. wolfson's a really good speaker, but seemingly constrained by regulations when it comes to what he would really want to say.
I would almost go as far as to say that things must be pretty boring & slow if he's not tripping up when prompted by info-seeking q's.