Figgs wrote: "Just before NP is fired, everythi
Post# of 148151
"Just before NP is fired, everything is moved out of the way!!!"
This is an interesting point, and something I've been thinking as well. The Longhauler trial is the most obvious example. It should have started and finished by now. There were even notices sent to waitlist patients from the trial sites last year that the trial was set to begin within a week or two, and then crickets. At the time I figured that our main delay was the proxy fight and the non-approval of the extra shares we needed to fund the trial. But that was resolved a month later and we still haven't heard anything except some vague references to working on the protocol with the FDA. Which sure is weird since the trial was apparently within days of starting. Months ago.
Then we were supposed to get Nash 700mg results as early as Christmas week before, you guessed it, crickets.
You could go back further and make a case that hiring Sidley and finally getting to the bottom of why Amarex has sucked so hard is a result of an acquiring company or potential partner doing their due diligence and pointing out some concerning issues that need to be resolved. They could have introduced Sidley to Cytodyn, which is something that has been discussed on the board for a while. Why would Sidley mess with Cytodyn? Why does Cytodyn suddenly go from hiring and partnering with the most obscure companies to becoming a client of one of the most revered?
Looking at all of that with termination-tinted glasses could easily leave you with the impression that something has been in the works for a while now. I can see Nader being in the way of a deal that everything else thought was equitable. I can also see Nader being on board for it, and his termination a planned event that didn't come as a surprise to Nader or the board.
Or maybe it's nothing and he just deserved it. And all these tea leaves, upon further investigation, are just potpourri. Which, by the way, was so popular for a while in the 80's that I bet whoever came up with it thought they'd be rich forever. I hope they didn't MC Hammer their potpourri fortune. To take this short potpourri tangent a little further, when my buddies play poker in Vegas there are a couple of them who like to make up ridiculous jobs when the small talk gets around to what everyone does for a living. My favorite was "I don't have to work, I'm the heir to the Spork fortune", but I'm thinking "my family created potpourri back in the 80's" could work well too.
At any rate, I smell a buyout.
So let's assume for a moment there's going to be a buyout offer dropped in our laps for a vote. I've never been through anything like that in my short investing career. I also don't have the time to go research the timelines and how these sorts of things get executed. Which leaves me with a few questions that maybe some of you more experienced investors on this board can answer.
If a buyout occurs, does the announcement come through the same channels as our annual shareholder meetings? I would assume it gets PR'd too, but maybe it just goes to a vote and isn't in the news until a vote is over?
Would we have a certain amount of time to kick around the details before voting, like we do for the annual meeting, or do these things go to a vote much quicker?
After a vote, if it isn't successful, what are the chances the two organizations go back to the negotiating table and ask for a new vote on updated terms? Or does that usually spell the end of the road for that particular deal?
Once a vote is in, if successful, how long until I can get my funds for a supercar to drive back and forth in front of the bashers houses?
And finally, regardless of if it's a buyout or a partnership or financing deal or something else, when the hell are we going to hear something?
And please say Monday.
Thanks,
Morning Respert