"is it Spanspur he hates"..........
Yahoo apparently would post my reply on this thread last night.
Clearly I was not politically correct in regard to what's is name.
I mean seriously, who lives in New Jersey anyway? Chris Christy? Who else?
Now go on-line and try and find and understand CDTI's program, in the midst of all other manufacturers!
CDTI management has no business being in business........
Not one analyst will ask a probing question, CDTI management will not offer or explain anything to do with falling valuation, their goal, as usual will be to exit the stage within 15 minutes. Which will add further doubt and uncertainty to the issues surrounding the company.
We are dealing with children, with morons who have no business whatsoever running a publicly traded company. Listen up tomorrow morning for more CDTI humor. What fock-ups!
Never success, just quarter after quarter of failure......
K&B would get their shares at $.225. In other words Kanis SA alone would receive 40 million shares if the conversion is done. Bell would get 2 million.
With a management team like CDTI which has wasted every investor dollar ever received over 20 years ($225 million), and has now destroyed the capitalization of the company for the benefit of K&B pre-conversion, and for any new money coming in......................who the fock needs enemies.
And they wonder why people Hate corporate America. CDTI is a complete wast of time as a business entity.
Now if the discussions have begun to bring in new money...........management has a serious problem imo.
How can anyone forget when former CEO Breese resigned abruptly in 2013 and the company made declarations that they had made corrections in conduct. Rumored word was that a competitor had contacted the BOD of CDTI of possible violations of Sherman Anti-Trust regulations.
Who knows what the truth is. One thing for sure, CDTI goes from one folly to the next.
1 AM EST is 10 PST. The official party does not start until 11 PM PST.........
If ASEI ever returns to actually making a profit, if the company ever actually can once again grow revenues, which does not look probable for a while, it might be a good investment. But we have to contend with the MM who is self dealing daily.
Was the #$%$ hole analyst who blurted out "will the dividend be eliminated" two cc's ago present at last weeks cc? Then they short sold the stock down $16 bucks last time. It's an imperfect world.
Too much risk now with an adverse IG ruling possible, ASEI would maybe owe the government $40 to $60 million US. Cannot be good.
As judge Napalitano stated there is an incredible body of documented evidence, and that Hillary should of been indicted long long ago. If Hillary is not indicted then we no longer have a country, and every other defendant can now use the Hillary defense.
Word is, and the Democratic Party knows that when the movie Clinton Cash hits the theaters in the coming days that all of the world and America will know first hand about the ongoing criminal enterprise that the Clinton's have been involved in for the last several decades. Remember, Hillary turned $1,000 into $100,000 in a week back in Little Rock. Sure she did, she has not driven a car in 20 years. I cannot wait to see the movie. This morning Hillary was crowing that she and her husband Bill have posted 30 years of tax returns on her site, and the restated last 8 years, and of course, she forgot to mention the missing $20 million as identified by Fox. Chelsea is now suspect according to others close to the investigation.
And voters want this in the White House?
The stock is surely going well below $30 with the poor forward guidance and inability of the company to actually make a profit. The $3 bump the other day after a lackluster cc was just the MM unloading his book imo. The stock dropped dramatically going into the last dividend date.
As someone years ago stated: If you do not understand that ASEI exists for the benefit of the market maker then you should not be here.
Pedro was the former in-house legal counsel, and the attorney then said he was concerned about this if in fact Pedro was involved in the roll out of the RS and subsequent possible conversion.
In the end, the attorney stated that on the surfaced it appeared that current documented CDTI insiders are being given preferential value treatment on a per share basis, to the detriment and loss of value to common stock holders, as the RS was not being handled in the same manner as the secondaries. That there is an appearance that CDTI management has intentionally helped in the dramatic valuation losses of the underlying stock for the benefit of current CDTI corporate insiders. He went on to say that if in fact Pedro is advising CDTI management that this too may be a mistake of management's judgement and prudent practice.
Sure looks that way now doesn't it...............
I talked to a business attorney yesterday at the gym about the ongoing situation at CDTI.
Yesterday, another poster mentioned that with a Going Concern from its auditors that it is essentially full immunity. And the attorney told me this is not true whatsoever.
I described the dramatic 90%+ decline in market value that CDTI management has overseen and seemingly helped to take place. I mentioned, and in his mind this was an important element and basis for legal action that possibly point to corporate self dealing for the benefit of other at the detriment to shareholders, that on (2) separate occasions CDTI management issued secondaries through an investment underwriting company to raise funds, and the manner in which the secondaries were done. We all remember, one day the stock is at $2.52 and the next it is at $2.04 with the announcement , and then the next one a few months latter with the stock selling at $1.60 and out of nowhere CDTI management does another secondary and the stock is at $1.21.
The attorney thought about it, asked me where the stock is trading now ($.42), and this has occurred as management has hung a RS over the stock for 2 to 3 months. I mentioned the Kanis & Bell situation, and I told him that I believed they were receiving 8% annual, and upon conversion they would receive shares at 25% below the share price after a fund raising event. And the attorney asked me, Why did not the company conduct the RS in the same manner as they did with the two previous secondaries? Why are K&B, two CDTI insiders receiving this obvious benefit, and I told him to make the company debt free. His eyebrows raised when I told him that the two would become the largest shareholders and that they would be receiving their shares at $.31 is the conversion was done today. The attorney asked, why wasn't the RS done like the secondaries which harmed any long term shareholder. He asked me who was advising CDTI management.
I said I did not know. I mentioned Pedro
Someone needs to call in and ask, If the 1 for 5 is a given, why not a 1 for 4 or even a 1 for 3. With that being said post RS CDTI management has designed the conversion so that it is contingent on a "fund raising event". Is that correct? That's my read. So if the fund raiser plays out post RS...............CDTI management must announce something that will and must move the needle to a more reasonable conversion value.
If they do not, at today's share price, Kansis SA would receive somewhere in the neighborhood of 31 million shares and Bell would receive 1.65 million shares for his $500,000, if both parties debt was fully exchanged for common stock. The share price has been intentionally walked down, allowed to be walked down, and the market capitalization of CDTI has been devastated. In the same manner that CDTI management has been completely silent through all of this carnage CDTI management had better be vocal and market capitalization constructive in the dialogue pre-fund raising event. So if CDTI management actually intends to honor their legal and defined fiduciary responsibility, and if discussions have already begun with a potential equity partner, ie, AP or GM, or whoever, if discussions have already begun and management deeds away the company at these levels, allowing insiders and BOD members favorable treatment, with quick 25% appreciation at these depressed levels...............LAWSUITS WILL TAKE PLACE.
It's that simple, $1 or $2 million in legal bills coming the companies way. Vanguard is not going to be rolled over without a fight. A class action lawsuit would be appropriate. The logic is simple. Durafit cost $5 million plus to roll out, Spinel testing another couple of million dollars, and management's own statements about new relationships and deals are of their own doing. Deeding over to insiders large percentages of the entire
company after engineering a melt down will not fly. The SEC is aware of CDTI.
DB stated that CDTI management should be in jail? He knows no limits and is as vicious as a viper.
Maybe his skin disease will get worse due to bad karma.
Did you really make love to Loretta Lynch last week? She has gained 50lbs since coming on board as the AG. Do you think she is bought and paid for? Of course she is. But seriously, she must be under intense pressure as witnessed by the weight gain. She is now as big as an aircraft carrier.
There is no need to mask your reality about being transgender. It's not me, but I do not generally judge others. It's OK with me. We all know Target is your favorite store you fricking pervert.
Thanks Yag, I sort of knew Marc Mezvinsky was corrupt and perfectly in-line with the Clinton family enterprise profile. Imagine, your father is a convicted felon and former close Clinton confidant, and then you lose 90% of a hedge fund. Apparently he did not understand the basic principles of a hedge fund or the market in which he operated in. Either way, suppose you want to buy influence with Secrtetary of State Hillary Clinton, one might be inclined to invest in Marc's wink-wink hedge fund.
The entire family is corrupt. Considering what is known about the Clinton's involvements going back to the 1980s and 1990s it should scare everyone that the media has turned away from discussing who and what the Clinton's really are. But my perceptions are that this is the last call for the Clinton Clan and all their hanger ons, of course, even if she stays out of jail she will probably still try and continue operations through her brother Hugh Rodman down in Florida. You remember Hugh, he received the sole franchise for Gold mining for the Island of Haiti. Now since Haiti does not have any gold the deal might roll out like this, tens of millions in start up loans for exploration will be made, and ultimately the company goes BK. That the way the Clinton's operate. They must lay awake in bed each night thinking about their next deal and how to structure it.
BFD. They also got LOJN and my sources say it is not going well. Competition is using the transition to take market share.
You may want to include Mutual Fund money in your calculation ignoramus...........
Either way you were wrong, and once again fingered for disseminating false information to the detriment of others. Do you have a hard time looking in the mirror in the morning? Of course you do.
It's almost 1 PM EST. Don't forget you have a facial waxing at FiFi's at 3 pm.
To allow the best conversion for those close to the company? To allow the "new money" to buy into the enterprise at the lowest possible market capitalization. Now if I am wrong, the company is in deep do do.
But just watch, after the RS glowing news will surface imo.
You are aware he is gay. I have never held it against him or cared one way or another.
So I guess DumbBo's description of 2% is patently false and misleading. What's new?
This is just one more example how CDTI management cannot and has not performed. The history of the company is one wherein senior management continually focks everything up. Just three years CDTI had to settle with an accounting officer for $250,000 cash and management also gave her 1.8% of the outstanding shares in the company as part of a wrongful termination settlement.
Was it sexual harassment? Nobody knows. The details were not released. This is just one example of the failure of fiduciary responsibility of senior CDTI management that seem to surface continually.
What we are witnessing now is either overt and deliberate self dealing for the benefit of current insiders at the company, or, the company is in dire straits. But just watch, not long after the conversion, after the RS, suddenly CDTI management will be like parrots again with new and exciting descriptions of What's happening at CDTI. Should be interesting to watch it unfold. But the company and specific officers run the risk of being personally sued for deliberate malfeasance in my opinion. Stay tuned, should be fun to watch it all roll out and see who is right and who is wrong.