This is Complete Nonsense!
"Allou has a very valuable license, which it was once granted long time ago, to sell drugs directly on behalf of all the major pharmaceutical companies that not many in the industry or ALU investors are aware of. These licenses are very limited, and aren't being produced anymore. The few that are out there are good forever. A company that was losing buckets of $$$, recently sold for huge sums just for this coveted license. David thinks this license is worth at least $300 million - add that to our market cap as an extraordinary gain and what do we come up with?"
-whatever this "phantom license" is, if it were truely as valuable as described, it would only be through management incompetance that they would have not leveraged it by now, or had someone offer to buy them out. when it sounds too good to be true, it probably isn't true at all. also the online community is only now coming into flower. that there is some online distribution priviledge that is no longer allocated is ridiculous, as E-Commerce is only now coming into it's own. I know how desperately you ALU holders want to get your money back, but don't spread garbage in the name of company princeaples unless they are willing to publish them in company press releases or as part of their 10K or 10Q statements of company assets since if they truely were assets worthy of NYSE consideration, they would have already been inventoried officially, and not as part of some candid phone conversation with a typical shareholder. If this is the best DD you can come up with, then don't worry, institutions won't bother paying you for unsubstantiated phone gossip. I always appreciate when shareholders share their phone conversations with IR or company officials, so you'll have to forgive me for being so skeptical about these claims that you quote, I don't mean to imply that you are intentionally deceiving us.
"During August 1998, Allou reached an understanding with an investment bank to consider taking
TFC public; however, the valuations of TFC were not sufficient to justify an amount that would
ensure TFC's long term viability. Furthermore, given the modest valuation of TFC, management was
unable to attract so called first tier investment bankers."
-this from a company with a $300mil license in the closet? -please... |
