I see your point. Now try to see mine. The underlying ASSUMPTION in the theory you expressed is that **ALL** shareholders of every Public Company, or at least every Publicly Traded Development Stage Enterprise is sitting nervously watching their stock's price and should want to DUMP their stock on the remaining public when things turn sour.
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This is a faulty assumption. SURE many traders and small individual investors will sell "just like that", and sometimes even Large Institututional Holders and Insiders will dump too.
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But hardly ALL would.
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As a matter of fact, if they all did, their stock's price would collapse overnight. -- not to mention the fact that Insiders with legend stock are PROHIBITED from selling (most or any) , even once the legend is removed.
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If you look at every failed puiblic stock, you will not see that all the shareholders are brand new people who just recently bought as all the insiders sold. Yet from your statement the only conclusion we can draw is that's exactly what SHOULD have happened! After all, the insiders "knew everything" and so they'd have sold it all while there was still a chance to sell, right? But HISTORY does not back you up.
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That's not to say it MIGHT not happen from time to time. Look at OTC-BB:SEXI and NASDAQ-SmCap:IDID for two recent celebrated cases where insiders DID in fact unload just before the stock's collapsed.
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Therefore it is WISE for you to follow Form-4 SALES of stock by EURO insiders and insiders of ALL your investments, BIG and SMALL. Did you see OXHP insiders selling before that one lost 80% of its value???
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If you should see Peter Gulko, Randy Graves Hans-Joachim Skrobanek, Karl Krobath or Kurt Seifman selling the bulk of their investment THEN we would want to find some answers. (I think Krobath recently left the Board so perhaps he shouldn't be on the above list).
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BUT, mentioning other mere INVESTORS who happen to be registering or even selling their INVESTMENT isn't even of interest to me or experienced investors. People sell EURO each and every trading day.
And other people buy.
If no one ever SOLD stock there wouldn't be a stock market!
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MicroSoft, Coca Cola, Dell Computer, Merck, arguably among the best run companies in the World, have people SELLING THEIR STOCK EVERY DAY. The moral: Who Cares if investors sell?
You may ask WHO in their right mind would sell Dell Computer? But it is sold every day, even as the stock hits new highs again and again.
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Getting back to EURO.. Yes it is a RISKY SPECULATION. "Everyone" who owns the stock KNOWS THIS. If they don't, frankly IMO, they have NO BUSINESS being in the Stock Market.
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TECHNOLOGY ACQUISITIONS:
I understand the new technologies paid from the recent PP monies were from Israel, probably the Technion Israel Institute of Technology and the Technion Entrepreneurial Incubator, Ltd.
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As you probably know Eurotech opened an office at TEI in Haifa, Israel, to continue observing / developing a polyurethane technology with potential use in paints and coatings. I think this paint would be flame proof, if I remember correctly.
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The Company was to invest in Chemonol, Ltd, an Israeli corporation which holds the polyurethane technology. IMO it is likely this was consumated with the PP proceeds.
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Colin |
