RE:RE:RE:RE:you must be crazy to BUY CXR now, why?Look Lemerson, I go by facts. The facts are:
1. there is a $72M clause in the officlal documents listed on sedar from the stink deal of AMCO from Cinven to Concordia (after the price gouging was at its max and NHS games were high).
2. Drugs were purchased from an undisclosed UK sources this summer which appears to have triggered the finders fees. And, surprise! the 4 drugs has a some additional "earnout" "Cinven style".
3. There isn't a single press release from the company that states that the $72M USD isn't triggered, or that they have the money to cover the 144M pounds ($200M USD) due within a month. They DON'T HAVE THE CASH!
Go give me some facts or take a hike! LOL ;-) I only trust what's official here. I have ZERO trust in the CEO who is still at the head of this sinking ship.
If you compare the method of operation of Concordia to Enron (with all the offshore accounts and questionable transactions), I'm sure Enron die hards stood by as insiders were selling in droves. HEY! Sounds familiar??? LOL
You guys are either paid or complete morons. I still haven't figured who is who. Any legit shareholders here should get off the boards and read every single document on Sedar and Sedi. If you don't you will lose your money. Happens all the time on the markets.
Lemerson wrote:
First of all the 72 million finder fee is a non issue that has already been addressed, it was not triggered. Second of all Cinven cannot takeover Concordia there is a clause in the purchase agreement to prevent this. If Concordia cant make the payment and has to declare bankruptcy then thats a different story. You have sure put a lot of faith in politicians to actually follow through, I guess Hilary and Donald are the honest trustworthy politicians that don't just make promises to get elected. Sure the drug pricing scandal will have an affect on Concordias pricing strategy going forward but I don't think it will be as dire as you hope.