VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VALENCE TECHNOLOGY (VLNC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kolo55 who wrote (10565)	4/20/1999 9:28:00 PM
From: Larry Brubaker	Read Replies (1) of 27311

<<For example, thread readers should remember all the hype of how Castle Creek is converting their preferred and shorting Valence stock...>> Paul, yes the SEC does contradict your theory that Castle Creek was converting preferred its shares. I never theorized they were converting shares. Why should they convert when they earn interest on those shares? I still think they are hedging their bets against those shares, however. <<This is the same hypester that said the company ran out of cash on March 31.>> Once again, you are putting words in my mouth, Paul. I've never said they ran out of money on March 31. How would I know this? I have no access to their books. I simply said their own filings said they would run out of money by March 31. I've also pointed out that they had negative working capital of $2.5 million (after receiving the $7.5 million) on December 31 and have a burn rate of $7.5 million per quarter. <<The filings weren't wrong, but your interpretations were.>> So tell me, Paul. What is your interpretation of "we have no products for sale"?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next