Geneat: I am a "non interested party" to this thread. I was asked some time ago to comment, I studied what I could of the company's finances and reserves. I found none of the latter and somewhat problematic former.
I have never said that Faris is a crook, or even uttered a derogatory statement about him. He is a man of vision with a pocket too small to finance that vision. Such men are dime a dozen. I do not want Faris (or for that matter anyone else) to fail. I was critical of a time bomb type floorless financing and still am.
The fact of the matter is that the market right now is saying that AIPN is worth close to $100 MM and I say it is not. I also say that when an executive registers shares for sale he will sell it at the best price he think he can get for these shares. I have also said that when options come due and the shares covered by these options are registered, you can bet your bottom dollar that in 9 out 10 cases, a good portion of the shares will be sold to finance the shares kept, if any.
Therefore, I am concluding that a lot of shares are going to come on the market, and unless some unusual good news come out, the stock is dead meat for the next few months.
All the above are relatively well known facts to most people investing in stocks, they are not specific to AIPN.
You always try and rationalize what are factually less than good news and guess some obscure strategies that "might" explain the facts. A company short on cash needs to use extreme measures to finance itself, it is not bad, not good, it is a fact. When you ask people to use their hard earned money to execute your dream, they will ask back for a piece of the action, many times much more than they are entitled to, but when you have your back to the wall, you have no choice.
Zeev |
