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Biosign Technologies Inc BITKF

Biosign Technologies Inc is a Canada based company engaged in the development and selling of cloud-based medical and healthcare software products. Its solutions have applications in clinic management, home care operations, health monitoring and virtual care management. The group derives its revenue from monthly recurring fees, one-time setup charges, training, professional services and the sale of hardware. The software is delivered through the cloud from the company's hosting facilities.


GREY:BITKF - Post by User

Bullboard Posts
Post by Tigers21on Nov 05, 2005 4:51pm
129 Views
Post# 9828330

Private Placements...

Private Placements...The pp's and options and warrants direct money into the company coffers in a way that just buying on the open mkt doesnt..and this applies for any company. And in this world..there is a finite amount of money circulating....so for those who have ever been involved in PP's..when a call goes out for more money..needed via a PP....you can either inject new cash that you have saved up..and held aside for the PP..or profits..from selling something...or recycle the same old...same old...but it works better..because it goes directly to the company..and not to a basher....so you might sell shares on the open mkt..that you own already...hopefully at a profit..but maybe not..but ideally..if you know that it may be a while for that income tax refund to come in....so you circle your money around...from the open mkt..into the PP..where it will advance the company and you end up with the same or more shares...etc....and sometimes with flow through you may even get mega tax concessions..so that the risk is mitigated... So if you dont want to throw more money new money into the pile..you just remove some...from the mkt...and redirect it in a PP...so that that money can effectively move the company ahead...in a way that buying on the open mkt wont...and at the end of the day...you want this company to succeed etc. OR....a similar process goes on with those who like to time the mkt...they ride up the share price..sell...and then when it retreats a tad...they use this same money to buy up more shares than the nmber that they sold..at the peak..wait for another surge up..do it again...and keep accumulating etc....huge..huge positions can be built up this way..by even a small investor....yes there are risks..what if you miss the big rise..etc...But these investors are reinvesting..not taking money permanently off the table....This is why dividends that are reinvested back into a company drive the return for the shareholder exponetially much higher...on an annual percentage wise..but it only works..if you refunnnel this money back into the company..and keep it circulating to build up your portfolio...or invest insomething else..to diversify that porfolio..rather than blowing it all on a night on the town...etc....That is what I understand is the process that RR is using...and in due course it will pay off...it has taken me awhile to get to this conclusion..but I dont see that any other alternative adds up as well as this....So rr is only doing what a careful investor in a bank stock..is doing..re reinvesting....and growing...and watching the growth of sales..etc...the rest will sort itself out..and I think this time period was a very good time to load up...as if you were an insider...so while we arent able to participate in the PP's for RR 's company..we can set things up..so we have the same sort of PP effect for our portfolios...and even better we can diversify...or take out..and RR will still be moving the company forward...etc....for us. That is all that he is doing...is applying what you would expect a good portfolio mgr to do for your pension investments..so that they will grow...but inthis case..it is a company that is growing..and right now...the deals are such that we do well...even as outsiders..buying in...that is my conclusion..here....there is a method in RR's "madness" I think....
Bullboard Posts