"1) The shady business with Aruda back in 2014 has
Post# of 72447
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Posted On: 01/07/2017 12:06:28 PM
"1) The shady business with Aruda back in 2014 has been a big reason for low stock prices. Plus unanswered questions about the whole Aruda affair It has led to little buying power without Aruda doing more selling. Why were there no on going restrictions to his selling as part of the deal? Dr. Menon owes his shareholders explanations on what appears as shady/dishonest dealings with Aruda.
Why does Aruda not believe in the value of the company and hold? Interesting that he too lives in Boca?
Maybe this might provide you some helpful information:
There were indeed restrictions on the shares that were transferred. 6 months if memory serves. I assume the length of that restriction was negotiated in the settlement.
If you awarded me 16 million shares of Apple stock today I would sell at least half to diversify. That's just prudent. All eggs in one basket theory.
Last year the phone number for Agrenetics was answered with a recording that one could leave a message for Mr Aruda or his wife, so it's not like they were in hiding like I might expect of individuals if they were involved in nefarious activities.
Why does Aruda not believe in the value of the company and hold? Interesting that he too lives in Boca?
Maybe this might provide you some helpful information:
There were indeed restrictions on the shares that were transferred. 6 months if memory serves. I assume the length of that restriction was negotiated in the settlement.
If you awarded me 16 million shares of Apple stock today I would sell at least half to diversify. That's just prudent. All eggs in one basket theory.
Last year the phone number for Agrenetics was answered with a recording that one could leave a message for Mr Aruda or his wife, so it's not like they were in hiding like I might expect of individuals if they were involved in nefarious activities.
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