GREY:VIVXF - Post by User
Post by
gijo333on Mar 03, 2017 10:08am
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Post# 25926148
News release
News releaseAs investors we need to know the result of the first OxC sale! Without news I can only imagine the worse. That sale to Unahco propelled this stock to 21 cents. It was the single most important event for this company and the market confirmed that. To now take the position that this sale was no big deal and not be concerned with the outcome is Ostrich economics. The market has reacted and reduced the value of this company from nearly 60 million to 30 million. Now to pull off a consolidation at a time where there is obvious uncertainty in the market value of OxC is also ridiculous. To make this action worse it is being leveraged by an interim CEO that has blown off lots of his shares in the last months. I know I'm going to take a beating for stating these facts because so many Avivagen stock holders feel that if you ignore the incompetence it just goes away. I have not seen consolidation work in the best interest of share holders and for sure not in this particular case.