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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: DaveAu who wrote (13524)6/14/2004 10:16:10 PM
From: SofaSpud  Read Replies (1) | Respond to of 14101
 
Another of my investing triumphs:

Message 18278015

It would appear that the sentiment is appropriate to DMX.



To: DaveAu who wrote (13524)6/15/2004 4:30:58 PM
From: Cal Gary  Read Replies (1) | Respond to of 14101
 
We are fortunate that the new securities disclosure rules have come into effect.

Its too bad it didn't happen earlier to catch the OXO “Significant Acquisitions” disclosure. The new rules, amoung other requirements, would have required 2 years of OXO f/s and disclosure must be filed within 75 days of completion of the "significant acquisition."

I recall the DMX due dilligience on OXO took longer than expected. In retrospect, why for?



To: DaveAu who wrote (13524)6/16/2004 1:50:12 AM
From: axial  Respond to of 14101
 
Dave, all the dominoes will fall in the next few months.

RK's been straight-arming and postponing debt for years. The underlying problem is cash starvation, and the things you point out are symptoms.

Cash starvation itself is a symptom: a symptom of the inability to obtain cost-effective (conventional) financing.

Remember this?

"Dimethaid will receive gross proceeds of $3,918,750 from the over allotment provision, bringing total gross proceeds from the offering to $30,043,750. After the settlement of the offering, expected to take place on February 25, 1997, and including the issuance of these new shares, Dimethaid will have approximately 35.1 million Common Shares outstanding."

www2.cdn-news.com

Conventional financing. Gone, never to return.

Surprising, that no one ever asks: WHY?

Jim