Good luck on getting that 5%-6% return on their $20 million. My guess is most of that money will be locked up in short term CD's paying almost nil. However, since they only spent a little over 700K on their failed Dutch Tender Offer, they may well decide to dividend the $4 million(of the $5 million) plus they wanted to return to shareholders.
Does that mean that when the stock is going down on an up day that things aren't going so well at ASTC? By the the way, if you haven't noticed as of yet ASTC has been in a down trend for many weeks now even when the NASDAQ averages were making new highs.
There is absolutely no connection between Lockheed Martin and ASTC today. All those facilities in Fla. were sold last year and any expansion of those facilities is meaningless for ASTC today. You cannot seem to stop the "pumping" of irrelevant BS information not connected to ASTC.
Well I would suggest either get on one of their infrequent conference calls and ask some of those questions. Another suggestion is go to the annual meeting and ask those questions. Did you note i that INS didn't have their semiannual CC this year. Now maybe that had something to do with finalizing the sale of Chemfree as well as the subsequent Tender Offer. Let's see if they hold the CC in August when the earnings come out as they did last year.
when he did. Google: Lockheed Martin Boeing needs commercial orders to survive for the latest news on their ULA's dire situation going forward.
Well I'm not from Missouri but in this case I'd have to see a working prototype before i went down that road.
Do you really come up with these ridiculous ides on your own or in your dreams?
Great research work i. That move in the stock on Monday well above the max Dutch Tender offer price told me something much bigger was going on at INS. Also the speed at which Strange tried to buy back 1.6 million plus shares at $3($5 million divided by 1.66 million shares) also was a small clue IMO. And from your research, CoreCard does seem like it has had a long term Kabbage connection as opposed to just INS. That does suggest the real possibility that CoreCard was getting some equity as opposed to cash from Kabbage when they could least afford to be using their VC cash investment.----Note also the recent PR's from Kabbage on their Bank Card offerings.
Maybe not so interesting when you consider it hit a price of $3.34 on Monday. That folks says something is going on behind at INS that we are not of yet privy to. The fact that their Kabbage investment is going gangbusters IMO might be one reason for the sudden interest in INS.
That's an easy question to answer. With 20% he controls the board and his salary. He gets to play with the company's money as if it were is own(when it's only 20% his). I'm sure he would like the stock to go up in value. But right now it's not a bad living collecting that pay check with the large company cash bankroll in hand.
Dutch Tender Auction Flop, that's a more appropriate topic headline. INS clearly wanted to scam the minority shareholders into selling at a the very low price of $3 after receiving the Chem Free proceeds. So it would appear they only spent about $700,000 in buying back the 230,000 plus shares. That leaves them with another $4.3 million that they had planned on buying back shares. Will they now pay a dividend with the $4.3 million? Who knows, but announcing an open market buyback approval could be the next step join forward.
The final verdict on Bob will only be based what sales volumes are registered at 1st detect. I'd say IMO the sales reported to this point are disappointing to say the least.
Who said we are big losers? I'm very happy with my long position in ATTU. I'm just letting the board know that you are right now the "Chief Pumper" of ATTU on the Yahoo message board. So IMO the board should take with a grain of salt any and all your ATTU posts.