Thank for your post. As far as those that break the rules and make money by cheating and by spreading lies I am in total agreement with you. They do it because they know they can get away with it and they have become a major negative for retail investors.
As for a potential buyout, I never said that it CAN NOT happen. I said that in my opinion, the probability of it happening by Baxter or any other company is very low in the immediate future. As for why Baxter required RMTI to pay off debt, my best answer is that I was not involved in the negotiations, I don't know, it could have been for a number of potential reasons. One is that it was a high interest debt and by eliminating the interest payment which will improve the EPS which in return can help their investment in RMTI. Of course I am not saying that the reason could have not been to dress up RMTI for a potential buyout at some point but by itself I don't think is a reason to believe that a buyout is right around the corner. From wht I have learned about Rob (mostly from longrmti informative posts), Rob did not dilute the stock to the level of many other companies and assumed all the risk and was able to get the FDA approval. Further it was mentioned that Rob is not interested in selling the company within 5 years. Now, in the real world, everything can be bought for the right price and for all we know Rob may be playing the negotiation game (it is not for sale, so he can get more). Having said that, if tomorrow morning there is a buyout at low to mid 20's I will not have any complaint! (IMHO, long RMTI, do you own DD).
By the way I didn't know tat I have followers!! I just express my opinion.
This whole buyout discussion has been talked about on this board, while any company can be bought out but other than certain posters here it's just a thought. I personally don't see any buyout in the immediate future and actually hope that it will not happen. If you read the posts from longrmti on this board his informative posts indicate that Rob is not interested in selling before 5 years. Anything can happen but I don't believe that hoping for a buyout each morning will do us any good. Some pumpers use this buyout chatter for obvious reasons.(IMHO, long RMTI, do your own DD).
As nice as the idea sounds, in reality the company raised the funds to pay off debt and to have working capital to take Triferic to market and have for operations, acquisitions, etc. not to buy back shares. they paid off their debt and will need the rest of the funds, in my opinion.
It would be important to notice that organized shorts try to bring the stock down before any event that has the potential to move the stock up.
IMHO, either a computer glitch or another CNBC planned game. I for one rather watch the grass grow or an old black and white movie than watch CNBC!
If you read longrmti's message (below), Rob deserves much credit for having been able to get Triferic approved without too much dilution. I agree with that comment since many bios are way diluted by the time they receive approval. I don't know Rob's MO that well but now he can really go out and tell the world what we have!
Thanks for your informative post. Your points well taken. As you well know, there are CEO's that hype their stocks and also those that do a decent job of getting the words out about the progress. Based on your comments you know his MO very well and better than myself. It seems that either by design or by his personality he is not the type that he would work hard in getting the word out. he probably thinks that the numbers will take care of the share price in the long term. Unfortunately he is up against what I call the organized shorts that have a sizable short position and won't disappear quickly. So I do agree with you that more can be done and should be done to tell the success story. All the best.
While you raise some potentially valid points it seems that you have a personal issue with Rob or the company.
To many on this board the price action of RMTI since the approval has been puzzling and disappointing. In my opinion the reasons are:
1. The organized shorts are working hard to bring the price down and prevent it from taking off. This was mentioned here repeatedly before the approval but many chose to give it a "thumb down"!. It is a reality and I don't believe will go away quickly. It will gradually, IF good/high sales and earnings are reported in the coming quarters.
2. Getting a product approved is just a beginning, it has to become a commercial success in the long run. It will take time perhaps a little less for Triferic since the distribution channels are already established for the most part.
3. Since sales and earnings will take time, agreement announcements, licensing announcements, analysts coverage and buy recommendations, etc. could be the important factors in getting the stock price up during the next 6-12 months.
4. A buy out is possible but I hope it does not happen before 18-24 months. IF Triferic is a gig a commercial success the stock could be worth much more after a couple of years. (IMHO, long RMTI, do your own DD).
You really are going out on a limb here!! A whole 47 cents in almost a month??? WOW!
You show your class or lack of it by your posts and name calling! What are you a 10 year old??? Very pathetic!
Logically, once they take care of the requirements to have a trading stock, then they would have Two potential options, either by re-registering the old stock or registering under a new symbol. Public news also indicate that much activities are taking place in the general area of DHCC's land. (IMHO, long DHCC, do your own DD).
Thank you for your informative post. If the day comes that the "bad" guys can no longer get away with the stuff they pull, that will be a glorious days for the "good"" guys!
If you are waiting for weekly reports to shareholders by Rob or any other CEO of a publicly trading company, good luck!. If he does not want to sell the company for the next Five years, he will be either proven to be a genius or a bum depending how things develop. But when we buy a stock in a company we are giving our money to the management and trust that they will do the right thing and grow the company and will show good earnings. We really don't have much more say in how the major decisions are made.(Except in certain situations when you have investors/activists involved). So basically we can hold or sell and move on.