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Bullboard - Stock Discussion Forum Isotechnika Pharma Inc IPHAF

GREY:IPHAF - Post Discussion

Isotechnika Pharma Inc > guys, check Seda
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Post by labumba on Sep 30, 2010 12:42pm

guys, check Seda

read the " early warning " report

If 3Sbio exercises the convertion of the debenture, it will be 32 millions more plus 13 millions already converted.....a warning was issued for a possible takeover bid
Comment by antoninus on Sep 30, 2010 12:54pm
what price would YOU personally accept? go for it labumble
Comment by macbethorfaust on Sep 30, 2010 12:59pm
No, its 32 million in total, including the recent partial conversion.This report isn't saying that there is a take over in the works.  It is just a formality, they have to file notice of an issuer bid (which this was) when the acquirier is acquiring more than x%.  It is only tellng us what we already know, namely that when they did a partial redemption they brought ...more  
Comment by labumba on Sep 30, 2010 1:15pm
Right, it is 32 million shares in total.32 million shares in total is a good base to start with for a takeover bid.....these guys are ruthless....money has no object...doing a financing in Chinese market shouldn't be difficult for a company like 3Sbio
Comment by labumba on Sep 30, 2010 1:18pm
over $2 for more...I may let greed take over later...lo
Comment by Plato5 on Sep 30, 2010 1:38pm
We've been as patient as Job here - now we need and deserve some greed: Go Greed Go
Comment by antoninus on Sep 30, 2010 3:04pm
yes, and if you add jonathan goodmans 25 million shares to 3sbio's, you have a very strong position if you are of like minds.