Intercytex divesting

[waynakyo]

http://www.intercytex.com/icx/news/rele ... 009-09-02/

One day it was thought to hold the cure for baldness, approx 3 years after, here is what we get.

Words cannot express.

 

[CCS]

The company can operate very well on ten's of millions per year, but Obama spent $1 Billion on a swine flu vaccine we don't need.

Well, this means we won't have hair until at least a year or two after the economy recovers. So if you got money, I'd go with BHT for now.

Seriously, with all the bald guys on the planet, or just in the US, why can't we all chip in $10 and get the HM off the ground? 30% of 30 year old men. Women would want better looking men too. If we all gave $1, that would be $20 million easy.

 

[DHR]

part of me has hoped for a while, that they'll be bought up by some big *** firm, who can throw millions at it.


:stupid: But then I realize that won't happen

 

[Boondock]

It's not the complete end of the road, since the assets could in theory be bought up by someone else willing to trump up the cash. I wouldn't bet my house on it though.

 

[DHR]

http://www.crainsmanchesterbusiness.co. ... 49997/1141

off they fly!

 

[Boondock]

Wow, check out that guy's Norwood! Now we just need him to be obsessive and BDD and he might dedicate his time to the continuing development of TRC. :whistle:

 

[somone uk]

http://www.crainsmanchesterbusiness.co.uk/apps/pbcs.dll/article?AID=/20090904/FREE/909049997/1141

off they fly!

ok, i have £10 on that incubator shares prices are going to fall like lead balloons

 

[waynakyo]

Seriously, with all the bald guys on the planet, or just in the US, why can't we all chip in $10 and get the HM off the ground? 30% of 30 year old men. Women would want better looking men too. If we all gave $1, that would be $20 million easy.

An idea I suggested earlier but nor replies of course. You can check an earlier post of mine, the details are not that complicated neither and the upside is huge. People get used to the status quo in a sickening way sometimes.

 

[metropolis]

Damn! Intercytex was always my favorite. I'm not an economist, but what does this mean exactly? They're not yet out of business, right?

 

[somone uk]

Damn! Intercytex was always my favorite. I'm not an economist, but what does this mean exactly? They're not yet out of business, right?

if they are selling off assets it's a sign that they are not doing very well,
from the signs of it i think they are going to liquidate themselves
imo they bit off more than they can chew, it was only a small office with about 56 employees yet they were tackling many different things at once
they had such good innovation but the company was ran by brain dead retards

 

[metropolis]

[...] if they are selling off assets it's a sign that they are not doing very well,
from the signs of it i think they are going to liquidate themselves
imo they bit off more than they can chew, it was only a small office with about 56 employees yet they were tackling many different things at once
they had such good innovation but the company was ran by brain dead retards

Let's keep our fingers crossed and hope for the best.

The press release says nothing about the reasons why this is happening, so this doesn't necessarily mean their product is crap, right? Maybe they're just another victim of the current economic crisis. I know many similar companies that have suffered badly from this recession - e.g. gene therapy for the treatment of erectile dysfunction is on hold because of this.

 

[somone uk]

but if they hold it at this stage of the game they are surely going to lose....
i too liked intercytex since they really were the first ones, and their manchester headquarters are not that far from where i live .
i am hoping they will sell all their HM work to ARI and hopefully they could be collaborative rather than competitive and then we could have possably have HM before we know it

but businesses are never about best solutions, just best profits ¬_¬

 

[DHR]

hoping they will sell all their HM work to ARI

wet dream much?