|
|
Post by thechurchmaus on Jan 4, 2016 17:28:47 GMT
they saw a loss of 5 billion a year in revenue with avastin eylea and lucentis becoming obsolete.
|
|
|
|
Post by sidewinder on Jan 4, 2016 17:58:58 GMT
Assuming worst case scenario (in my mind) - Astellas walks, Mgt upset simply fails to deliver and even goes so far as to come clean on any issues relating to donor documentation (if any) ultimately causing SP to plummet. I'm OK with COMPLETELY losing what I have in OCAT if I get the satisfaction of knowing I was part of sticking it to PW, TM...et al. It just tickles me to think they walk away broke with tarnished reputations and hundreds of Internet Thugs following them to make sure everyone knows what crooks these guys are. All IMHOSo in the worst case scenario, if Astellas walks and there is no other bids for OCAT, you are going to be happy that you lost everything because it sticks it to the guy who was able to sell the company for a 90% premium? That doesn't make much sense to me. If Astellas walks and there are no new suitors then I think that says a lot about what people in-the-know feel about OCAT's IP. If that is the case perhaps Wotton should be lauded for being able to get at least something for what no one else seems to want. Just throwing that out there. Not exactly. I'm just "ok" with losing the money. It tickles=I'm happy that this jag PW will be broke and out of work. He did NO ONE any favors in his tenure IMO. |
|
|
|
Post by JHam on Jan 4, 2016 19:03:58 GMT
So in the worst case scenario, if Astellas walks and there is no other bids for OCAT, you are going to be happy that you lost everything because it sticks it to the guy who was able to sell the company for a 90% premium? That doesn't make much sense to me. If Astellas walks and there are no new suitors then I think that says a lot about what people in-the-know feel about OCAT's IP. If that is the case perhaps Wotton should be lauded for being able to get at least something for what no one else seems to want. Just throwing that out there. Are there that many people "in the know" though? I mean a company approaches OCAT to partner, they see what's behind the curtain and decide to instead outright buy. I think the people in the know know there is something of value here. It's not like the Astellas bid was the first bid and Wotton took it. We know it was shopped around. If those in the know know there is more value here then why didn't they make an offer last year or before the end of December? |
|
|
|
Post by JHam on Jan 4, 2016 19:09:18 GMT
So in the worst case scenario, if Astellas walks and there is no other bids for OCAT, you are going to be happy that you lost everything because it sticks it to the guy who was able to sell the company for a 90% premium? That doesn't make much sense to me. If Astellas walks and there are no new suitors then I think that says a lot about what people in-the-know feel about OCAT's IP. If that is the case perhaps Wotton should be lauded for being able to get at least something for what no one else seems to want. Just throwing that out there. Not exactly. I'm just "ok" with losing the money. It tickles=I'm happy that this jag PW will be broke and out of work. He did NO ONE any favors in his tenure IMO. Why do you think Wotton will be broke? Astellas walks, pps goes below $4, and PW and co simply lower the price of their options to whatever they want, cash out and resign. If shareholders block the buyout and and the deal falls through, Wotton could still brag about getting an offer at a 90% premium. Even if shareholders are disgruntled, anyone not holding shares probably views it as a job well done. |
|
|
|
Post by sidewinder on Jan 4, 2016 19:33:46 GMT
Not exactly. I'm just "ok" with losing the money. It tickles=I'm happy that this jag PW will be broke and out of work. He did NO ONE any favors in his tenure IMO. Why do you think Wotton will be broke? Astellas walks, pps goes below $4, and PW and co simply lower the price of their options to whatever they want, cash out and resign. If shareholders block the buyout and and the deal falls through, Wotton could still brag about getting an offer at a 90% premium. Even if shareholders are disgruntled, anyone not holding shares probably views it as a job well done. Its a forgone conclusion that he will be ousted if this fails. He can try to spin that down the road....but you and I both know being forcefully removed is not viewed in a positive light EVER. And I used the term broke loosely, obviously he's going to set himself up the best he can but in this scenario the best he can won't be that much IMHO. EDIT: Full Disclosure. After he lied about the JV earlier in the year I came on here and ranted and indicated I was out. And I DID dump about 50% at that time and another 40% after the M&A announcement. What little I have left - 500 shares - is what I'm "ok" with losing. |
|
|
|
Post by vzveteran on Jan 4, 2016 19:41:58 GMT
The price will undoubtedly tank if the deal falls through, and we have no other takers imo.
Think about the fact that we will be out of money come late Summer, and we will be at an even more desperate negotiating position, with more dilution looming.
Don't forget we have delayed injects, and know NOTHING about the progress of our trials/patients. So what then? Ride out another equity deal with warrants? Where will our investment be then? Astellas knows exactly what's going on, and where we stand.
With PW kicking the can down the road to oblivion by remaining silent, he has all but guaranteed a selloff. The question remains; How much will we be willing to sell for then?
Just putting all possible scenarios in perspective,,,,,,,,,,,,
|
|
|
|
Post by sidewinder on Jan 4, 2016 19:46:31 GMT
The price will undoubtedly tank if the deal falls through, and we have no other takers imo. Think about the fact that we will be out of money come late Summer, and we will be at an even more desperate negotiating position, with more dilution looming. Don't forget we have delayed injects, and know NOTHING about the progress of our trials/patients. So what then? Ride out another equity deal with warrants? Where will our investment be then? Astellas knows exactly what's going on, and where we stand. With PW kicking the can down the road to oblivion by remaining silent, he has all but guaranteed a selloff. The question remains; How much will we be willing to sell for then? Isn't there some liabilities with SVB too resulting from failed objectives? Or was that just for the 10MM sweetener? |
|
|
|
Post by sidewinder on Jan 4, 2016 19:52:58 GMT
We're going to be due PII 2016 Q1 AMD preliminary results. So we should be fine come March. LOL
|
|
|
|
Post by vzveteran on Jan 4, 2016 20:00:44 GMT
If PW would tell us where we are with, JUST ABOUT EVERYTHING! We can better make an informed decision whether to tender/sell or not.
I think this silence is deliberate to create uncertainty, so he can meet his PERSONAL milestones!
|
|
|
|
Post by goldencoin9999 on Jan 4, 2016 20:16:15 GMT
If PW would tell us where we are with, JUST ABOUT EVERYTHING! We can better make an informed decision whether to tender/sell or not. I think this silence is deliberate to create uncertainty, so he can meet his PERSONAL milestones! This is where I wish shareholders get together demand a meeting with OCAT management and get questions answered and release of trials results. We need more info before we can decide to tender or not. |
|
|
|
Post by vzveteran on Jan 4, 2016 20:19:41 GMT
If PW would tell us where we are with, JUST ABOUT EVERYTHING! We can better make an informed decision whether to tender/sell or not. I think this silence is deliberate to create uncertainty, so he can meet his PERSONAL milestones! This is where I wish shareholders get together demand a meeting with OCAT management and get questions answered and release of trials results. We need more info before we can decide to tender or not. I think at this point PW is only going to do what the SEC requires, and not NECESSARILY what his fiduciary duty requires. He wants this deal...................period. |
|
|
|
Post by goldencoin9999 on Jan 4, 2016 20:33:43 GMT
You are probably right. I will continue to hold my shares and refuse to tender.
|
|
|
|
Post by harlem on Jan 4, 2016 21:39:25 GMT
At this point in time I would not believe a word mgt said as the guidance by PW and company in 2015 was far from honest imo
|
|
|
|
Post by sidewinder on Jan 4, 2016 21:40:41 GMT
At this point in time I would not believe a word mgt said as the guidance by PW and company in 2015 was far from honest imo I would believe their resignation letters. Aside from that, ANYTHING they say is rubbish. |
|
|
|
Post by actcforme on Jan 6, 2016 13:59:46 GMT
Item 5. Persons/Assets Retained, Employed, Compensated or Used.
Item 5 of the Schedule 14D-9 is hereby amended and supplemented by inserting after the last sentence of the second paragraph the disclosure set forth below:
“Ocata has retained InvestorCom, Inc. to provide solicitation services to Ocata in connection with the Offer. InvestorCom, Inc. will receive reasonable and customary compensation for its services. Ocata has also agreed to reimburse InvestorCom, Inc. for certain reasonable out of pocket expenses and to indemnify InvestorCom, Inc. against certain liabilities in connection with its services, including certain liabilities under the federal securities laws
investor-com.com/
InvestorCom offers strategic advisory services on complex and contested proxy campaigns and handles all aspects of annual and special shareholder meetings,
|
|
|
|
Post by actcforme on Jan 6, 2016 14:00:51 GMT
InvestorCom, Inc. handles "complex and contexted proxy campaigns.... AND aspects of special shareholder meetings."
Makes me sick they are spending time and money on this instead of the trials.
|
|
|
|
Post by actcforme on Jan 6, 2016 14:41:38 GMT
InvestorCom is well positioned to address each of its client’s particular needs given the direct involvement of its senior management team in every solicitation and the aggressive, “hands-on” approach it employs. The proxy vote has become an efficient way for shareholders to facilitate change and for activist investors to assert their force on a wide variety of corporate governance issues. InvestorCom has recognized the challenge faced by corporations to create a proven approach. InvestorCom’s Proxy Solicitation division combines forces with its Stock Surveillance and Corporate Governance Advisory divisions to identify institutional investors, analyze each institution’s voting tendencies based on management’s proposals, and develop and implement a strategy that will maximize shareholder voting and provide the best opportunity for passage of all management sponsored proposals.
The following is a brief list of what we offer with our Proxy Solicitation service:
• Corporate Proxy Solicitation and Consulting
• Shareholder Proposal Analysis and Management Proposal Development
• Proxy Fights
• Logistical Support
The ability of corporations to identify which investors are influencing their share price and understand why they are doing so is the foundation of a successful investor relations program.
InvestorCom recognizes the link between the knowledge of shareholders and their trading behavior, and the effectiveness in being able to communicate with them. Our ability to timely and accurately identify “who” owns stock and “why” trading activity is occurring allows InvestorCom to provide clients with the highest level of market insight and the ability to look far beyond the mask of shares held in “street” name. At InvestorCom this is what we call “Shareholder Intelligence.” Simply stated, it’s the knowledge of who currently owns your stock, what their motivation is for trading in your stock, and, of equal importance, how to act on this information.
The following is a brief list of what we offer with our Stock Surveillance service:
• Daily Monitoring and Reporting
• Weekly Trading Memos
• Executive Monthly Summary
• Shareholder Profiles
• Institutional Targeting
The significance of a sound corporate governance policy is unprecedented in today’s environment of shareholder activism. In particular, institutions are becoming increasingly active, aggressive and influential shareholders.
Until recently, most institutions were content to remain on the sidelines during annual meeting season, often deferring their vote to management. However, these institutional investors today are now becoming increasingly concerned with the corporate structure and practices of their investments. Moreover, many institutions have established their own proxy guidelines and committees, effectively taking the matter out of the hands of the portfolio manager.
The following is a brief list of what we offer with our Corporate Governance Consulting service:
• Review of Corporate Governance Practices
• Institutional Shareholder Activism Profiling
• Proxy Voting Recommendation Agency Policy Review
Communicating complex issues to shareholders can be a tremendous challenge. It takes a thorough knowledge of the issues and also of the kinds of questions shareholders will raise.
InvestorCom’s superior technical resources and extensive relationships within the financial community ensure that all shareholders are made aware of an offer and receive the information they need in order to make the most informed and timely decisions. Given our vast experience with tender offers, rights offerings, odd-lot programs, and mergers & acquisitions, InvestorCom has the “firepower” to successfully get you through all of your corporate actions. Through our commitment and experience, we are able to design the necessary documents, prepare the best strategy to maximize participation, and use our state-of-the-art stock surveillance capabilities to effectively reach out to your shareholders.
The following is a brief list of what we offer with our Information Agent Services:
• Tender Offers, Rights Offers, and Odd-Lot Programs
• Call Center Solutions
|
|
|
|
Post by selluwud on Jan 6, 2016 14:44:04 GMT
This question may have been asked before: If you tender your shares at the 8.50 offer and it subsequently fails, but the offer is raised and accepted in a new tender, Are your shares locked in at 8.50 or do you get the new tender price offered?? (do you have to re-tender?) I understand that if the tender goes through and you didn't accept that you will get the price as cash in your account.
|
|
|
|
Post by vzveteran on Jan 6, 2016 14:45:23 GMT
Second tender must not be a slam dunk then. I wish we had more information as to the status of Operations.
I need more to go on other than silence to decide whether to sell/tender.
We don't need another solicitor.................We need DATA!
|
|
|
|
Post by hansgruber on Jan 6, 2016 15:38:01 GMT
Second tender must not be a slam dunk then. I wish we had more information as to the status of Operations. I need more to go on other than silence to decide whether to sell/tender. We don't need another solicitor.................We need DATA! Yeah, the nimrods in charge of this fiasco mistreated shareholders over and over again with their ineptitude, missed timelines, silence, shadiness, etc.etc. Now it seems it's coming back to bite them in the ass as their buyout isn't going as planned and I'm sure Asstellas management isn't happy with this band of fools right now. Even though this could really hurt current shareholders including myself, I love it. Serves them right even though these guys have no real skin in the game and have nothing to lose. Even though it's pretty sad that all asstellas has to do is bump the bid up another buck or 2 shareholders would cave and this thing would be over for a measly $40-$80 mm more but whatever... |
|
