My proposal to fellow SQNM investors

[theIDforSQNM]

I was long SQNM and have been years because I think NIPT is a booming business and SQNM was the first runner, in a strong position in term of IP and technology. This turned out my worst investment because SQNM management was incompetent to grow the company, and wasted us investors money and a few years of time. When I say management, I meant from previous HH to current WW.

If I was a fund manager of a major holder, I would do one or more the following things to boost shareholders value.

1, Oust WW and bring in an external CEO. Don't look for a CEO from current management or BOD --- they are all corrupted and incompetent. Years of failures and shameless bonuses proved this. Any major holder can initiate a proxy fight and ask to add new BOD members and/or remove current ones.

2, Remove the poison pill. We need hostile takeover happening. The poison pill kept hostile takeout from happening.

3, Seek buyout suitor. 

4, Sell NIPT service business, but hold IP and keep the part of patent pooling with ILMN. SQNM didn't make profit from past and current NIPT service, and it's quite obvious they could not reduce its cost and/or improve its margin. Sell this part and make it just another licensee who pays loyalties back to SQNM. Then SQNM collects and uses on loyalties and fees, and focuses on R&D such as liquid biopsy.

I hope someone can convey this some of major holding funds or institutions, or to activists who see and believe there are values covered in this stock.

[masti...@gmail.com]

http://www.medscape.com/viewarticle/843917

[jolter]

I   agree with your analysis  of the situation.......The poison pill needs to be lifted.....the company should be sold the management  doesn't have a clue how to operate a for profit company.......ie:    the spending of 40 million dollars  which is being collected in dribs and dravel,,,, I will vote to block the share increase  with out a management proposal for what it is needed.........If they are planning on an acirquistion  then share that  with stockholders......their compentance is not to be trusted   a sale is in the best interest of all.       As to your suggestion   become and R &D company  and sell diagnostic  operation  might have some merit   but all R & D seems to be being accomplised by the  Dr.  Low...... As an after thought  maybe a china pharama  should buy us out they couldn't be anymore incompetent  than  current management.....This business plan if there is one should be reconsidered.........Only  Dr LOW is keeping us alive with a future.....not management.

[Mitchell Johnson]

Your discussion is futile....either close out your short and go long or leave this board........start your own short board.

[iazk...@gmail.com]

TheIDforSQNM, all good wishful thinking. Good ideas, but never going to happen. We are "individual investors".
It is very hard to act together.
Management is comfortable with as is and have no motivation to increase the share price or run LB test first thing tomorrow morning or sell the company and lose the milking cow. Their $$ bonus is waiting for them for years ahead. Business as usual.
Mitchell, you got us all on this one. We are all shorts here.

[Mitchell Johnson]

Mostly....indeed UR.

[theIDforSQNM]

I wonder how many investor shares would make it non-neglectable, a couple of million shares? Anyway we, individual investors, to form a group or similar, in order to have our voice heard. I believe there are many people here and Yahoo board having >10k shares.  

On Wednesday, May 13, 2015 at 9:08:02 AM UTC-7, iazk...@gmail.com wrote:

[iazk...@gmail.com]

Individual investors, IMO, have no more then 2mln shares. %2, does not make any difference.

[Mitchell Johnson]

Exactly...that's why this is an inane thread.