This company BACKDATED and amended many 13D's to achieve this ownership change and they amended many Public Incorporation papers ( probably in Secret) with the Handler firm handling the transaction. As this filed 13 D for in November 2012 shows, it is the 5th Amendment of that form and it references backdated amendments to 2009.
Many Companies have chosen to go Private since the inception of the reporting rules of Sarbanes Oxley. Or go Semi-Private.. which is what this company is.. better to learn what you have invested in over time... it took YEARS to do this it didn't just happen overnight. Sure as rain some of the big Institutional investors recognized what was going on and got out.. Even some Private capital ones got out. You don't see Ariel Capital hanging around anymore or advertising this company for any "future gains" . Must not be none here to get..jmho
How is it that they keep getting successful Underwriting by Matrix L*L*C* and co managed by a Covering Analyst Dawson? Dawson seems to be the only analyst covering this stock right now How can they be Independent analysis if they are also co managing the 2nd Offering? Isn't that a SHAM? Conflict of Interest? lack of Ethics? Illegal? Something fishy about this whole thing too...yahoo key logger program doesn't want me to use the limited liability company term for some reason..
Why does the S-1 of the Secondary that Just closed.. of which they got ~ 10 Million for say:
The Company intends to use the net proceeds of this offering to fund the commercial launch of Quell™ in the United States and for general corporate purposes
If they Are NOT going to use the $$$ for Advertising are they just doing the Same procedure they have done 3 Times Before? Use the Money to Pay themselves EXCESSIVELY LArge Salaries and Not put it into the Business? This Carousel & Game has Got to STOP. there have been 2 reverse splits and how many secondary offerings? Maxim gets paid handsomely for every secondary too..
Somebody STOP that B from making anymore EXECUTIVE decisions!... She is disastrous... Dang dummy making decisions that LOWER the stock weekly... If I were on the BOD I would be DEMANDING her RESIGNATION... Have watched to Stock go from 52 to 42 in 6 months...
DPN didn't take off, Sensus didn't exact take the market will Quell have a chance? Many of TENS products out there now. Although I haven' seen one as advanced as this one... Wonder if the marketing is gone to be the same as it wasfor the last 2 products?
Yhoo and its key logger program prohibits me from telling you where this information is readily available , because it is in competition with Yahoo for your eyeballs... last time I posted it they scrambled it..