Intrinsyc Software International Inc ISYRF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It's A Buyout

[humppyus]

4ogo4,  I have less shares than you ( 25,000 ).  I really want to see what happens during Q3 earnings release on Nov 14th.  Cost cutting efforts were to be factored in to Q3, and Q4 was suposed to be great.  There certainly was an implication that the improved trend was to continue into 2020.  Things certainly drew the attention of long time ITC follower Gerry W. and he seemed quite postive about the future of ITC.  BTW. it is interesting his most recent update came out only a few days before this offer.

Basically what happened?  Why now?  Is Tracy and the crew just getting tired and want to retire?  The way they have been hyping Q4 plus the recent orders the current trading price ( Friday's Close ) of 1.48 was achievable on its own.  I guess the Q3 eanings call will see a lot of back pedalling re Q 4 expectations because I am sure I am not the only one with these questions.  I also expect the C Call to be quite interesting and potentially exciting in a ticked off shareholder kind of way.

Personally I plan to vote against it, however I truely suspect the deck is stacked against us as it usually is.  At the same time I am also looking forward. 

Just an intesting point and maybe something to watch which will give an indication of support for this transaction: On Oct 31 LTRX closed at 3.10 which is a drop of 8.28 % from the 3.38 SP and ITC closed at 1.55 or a drop of 7.81 % from the 1.68 price.  Currency exchange of course does play a part in this,  however the percentage moves are in lock step.  On Nov 1 LTRX closed at 3.11 or a drop of 8.0 % from the 3.38 SP, but ITC closed at 1.48 or a drop of 11.91% from the 1.68 Price.  These spreads will be worth keeping an eye on in the coming days and weeks and could give an indication of weather there is enough support of ITC shareholders to make this happen.