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Bullboard - Stock Discussion Forum
Artaflex Inc
V.ATF
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TSXV:ATF - Post Discussion
Artaflex Inc
> dropping like a rock at 8.5 cents
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•••
IChing
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Post by
IChing
on Oct 13, 2009 10:01pm
dropping like a rock at 8.5 cents
something suspicious to me!
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•••
jackbnimble
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Comment by
jackbnimble
on Oct 14, 2009 11:45am
Yes maybe all of the suspicious investors should arrange a special meeting to try to put a picture together of what has been happening and why. Perhaps an investigator or examiner could join the group as a resource. It seems a might strange to me that LB could buy Pensar last December using only debt when the ATQ board chose to raise $1.5 million of debt with a MASSIVE dilution. Strange don't
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jackbnimble
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Comment by
jackbnimble
on Oct 14, 2009 2:08pm
Here is the Pensar announcement: https://www.labarge.com/news/articles/article608.asp Interesting that they consider it important to keep the existing management and the existing management lives where the company is located. "LaBarge expects Pensar's management and employees to stay with the company. Pensar's single facility in Appleton will become part of the LaBarge organization
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musing
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Comment by
musing
on Oct 14, 2009 10:42pm
Jack, that is fluff .... unless there were rumours of management leaving. I would suggest that this is an extremely unusual statement in an announcement because ordinarily the expectation is that management stays. Of course, its a reasonable thing to do if there are rumours or market suspicions that management would leave. Strikes me as a bizzare thing for you to characterize as "basic best
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jackbnimble
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Comment by
jackbnimble
on Oct 15, 2009 7:58am
Musing: I am just trying to understand what LB and IEC are doing that is adding value to shareholders and what ATQ needs to change to stop the dilution and loss of shareholder value.Again, in the past 7 years:LB is up 3 times, IEC is up 75 times, ATQ has lost 75% of shareholder value. Remember Musing the number of shares that were outstanding 7 years ago? I think it was around 24 million; it is
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musing
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Comment by
musing
on Oct 15, 2009 8:12am
I'm not questioning the facts, the amount of dilution, etc., I'm contesting your explanations.
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jackbnimble
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Comment by
jackbnimble
on Oct 15, 2009 9:02am
Believe me I have no ready explanations. I am baffled, disappointed and searching for explanations, for an understanding as to why this is happening and what could be learned from others and what could be applied to ATQ. If you have explanations please share them with the board and management so that this thing can get turned around. I always thought the goal was to increase
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