I am hoping these guys can pull it together and get the business back on track. Seems like they are making some progress, but no recent announcements are a bit of a bummer. Then again I guess better no news than bad news. I have been in this for the long haul, so hopefully soon something will happen..positive that is.
That my posting is out there as of this moment...I will see if it disappears....wait, if it does, then so will this one, and I will be effectively silenced and violated my right of free speech!! BBBBwwwahahahaa mmwwwaahaha
Well, I am not sure what happened to my recent post out here. Not sure if it did not save or was deleted. I posted that this deal is like that of when Wyeth was bought out by Pfizer. It sounded like the buyout price was too low, and it, too, was in part valued as a fraction of the Pfizer shareprice. Intentionally or coincidentally the Pfizer share price dropped, effectively lowering the buyout price for Wyeth. The amount ultimately paid was less than that determined when the deal was first announced.
Since the "buyout" of INSV is totally dependent upon the share price of QLTI, I am expecting to see the same pattern here. That said, I am hoping to get 16 cents a share..if we are lucky. The QLTI share price has been trending lower, and with it goes that of INSV. We were looking at the closing of the deal in September I believe, so we shall see. Just totally sucks. At least I will have a tax write-off. I just hope I do not go away for a weekend and miss the proxy mailing. My guess is, too, that we will have a very short time between getting the proxy and having to have our shares voted. I am voting against this buyout. Besides, we already got the submission in, so who cares, right?? They will have to sue us to get the compensation back. BBBBBwwwwahahahaahaaa
Tell us why it is good to reverse split the share price and reduce the number of shares outstanding. Then follow up shortly there after seeking to increase the number of shares outstanding and why it is good to have more shares outstanding. Then have the annual meeting on August 03, but send out the proxy statements "on or about July 22" Leaving minimal time at best for anyone to vote their shares...hope nobody went on summer vacation. Then list in the background of the CEO that he played in the CFL...Seriousy?? and that justifies him in the role because.....? We will not even mention the compensation to current market cap ratio... WTH
WTH... Relatively new shareholder here, as the picture seemed promising. I feel duped once again by the BS spewed. I voted opposite of their recommendations, including against Gerald. What a joke. How can they justify paying almost 700K to a CEO to "run" a company with a current market cap of just over 20 million. Looking at his "qualifications I put at ease about his capabilities when I read the part about his playing for the Calgary Stampeders of the CFL. Freaking seriously!!! Is that supposed to influence investors?? ...Like "I was not going to buy shares in the company, but when I found out the CEO played in the CFL, I doubled up..." WTH. Then, didn't they just tell us why it is a good thing to reverse split the stock?? Now they send out a proxy seeking approval to issue more shares and why it is a good thing. Oh, finally, it is quite shady that they, in their words, "Mail the proxy.... on or about July 22..." Seriously...for a meeting to take place August 3???
Bottom line is I let myself be robbed, but at least I will have a tax loss for 2015.
Well, we will se how much lower the share price goes. It reminds me of when Pfizer bought out Wyeth. The buyout price for Wyeth was announced and on the surface sounded good. As time went by it was realized that the price paid was, in part, based on the price of Pfizer shares. As the date for the buyout approached, Pfizer's share price drifted downward, effectively lowering the buyout price. The same is happening with INSV. I will be happy to get 16 cents a share....such a joke.
Good points... Just to be clear, none of my shares have been lent for short sales nor have I been approached to do so. I am not contributing to any price depression.
Good perspective, so I gave you a finger up!! I am in my long position for the long haul and feel the business will progress and mature into being profitable. Increased share price now for me is a paper, unrealized gain. Lending the shares for shorting will give me realized income from the shares in the short-term (If one truly does get paid to lend them).
Besides,with the recent increase in short positions, the share price still went up. Also, it would be all that many more shares that need to be covered as potential positive developments take place. To me it seems win-win. Now one can argue that the depressed share price makes it less attractive for institutional buying, but the price is gradually increasing and the bottom line is either you think the business model is viable and robust or not.
Although, at this point in time there is no decision to be made, as I have not been approached for lending my shares.
I am waiting to hear from the brokerage firm I use that they want to borrow my shares for short selling. From how it has sounded out here, I could make a nice percentage lending my shares. No call as of yet, but it looked like the overall short position had increased while the share price increased as well...two opposing forces with the long positions winning for the time being. I do not care how much shorting is taking place, as it will be all the more that need to cover upon good news.
Yeah saw something on Morningstar about it. Seems like it was kept pretty quiet. Not sure of why they would do that and now have about 2.5 billion shares out there. Although, it will make the loss per share appear to be less. Also it gives the CEO and BOD more total shares to play with. Maybe makes it more challenging to have a buy the entire company also. Who knows, but we shall see where it goes.
Okay, so here is the new plan I was thinking of executing... I am going to stand outside the corporate office with a sign around my waste asking the general question of "Would you be happy with a package that I got??" Then I would....oh wait a second...ummm maybe I don't want to do that.
Okay so I read that the deal is supposed to close in September. I still have time to vote my share and march on Alameda. Been total silence as far as press releases or hearing from the company. I guess there is nothing more to do other than see who gets to "borrow" the last pH meter. I wonder who it taking home the coffee packets? Think they are ordering any "last minute business items?"
Twas me!! Wait, or is it Twas I?? Oh well, matter not...or is it Knot...but anyways, I just wanted to double my position to penny cost average as the experts all say to do. This gives me more voting power when the proxy is issued. Although the way this leadersinkingship works, we will all read about how the deal was approved by INSV bagholders without our having the opportunity to vote.
Are you included as one of the new comers of which you reference? Under what other names have you posted? I can think of a few with a common tone. Not sure of your game or purpose, but starting to believe as some state that you are in some remote region getting paid to post trash.
BBBWWWAAHHAHAHAAAA That was great! Thanks for the laugh....mmmwwaahahaa. I could only give you one digit up on the board here, but the reply was worth many more. Well, I could go as an elevator repair man, but no already got the shaft...a porn star!! Wait...we already got screwed...ummm let's see...I will come up with something.. MMMWWAHAAHAa
You are da Manz!!...or da Womanz since I do not know your gender. Yes, you are right on the money...Roth is involved with the deal, and that is exactly what it is. Silly me to not look deeper...too busy planning the march. Still trying to find the big clown shoes and red nose to act like a BOD member! Finger up Ehmambo!!
Very Bold downgrade today. I bet they are saying the upside is limited. Wow...I bet they will really influence future investors and shift the sentiment. Like really...what is the purpose.