
Now back to the same struggle as aj2invest ... get in or not get in. What happening to this BB ??? As I have said I agreed with new6ie but somehow the market appears erratic ..... yesterday sell down instead. Lucky did not go in ....
Danytan is right " if unsure, caution is best" .... who knows more sell down today. 
aj2invest ( Date: 04-Nov-2013 16:04) Posted:
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New6ie, agreed with what you said. I was about to hoot but all of the sudden the sell volume went up .... which is very unusual. Otherwise I am in at 0.6cts. 
What's happening ??? 
The fact that there are some capitalists willing to " buy" the $50 million notes, shows that they have confidence in the business of Transcu.
Furthermore the commitment shares are about the same price trading in market, so it seems that the funds are not asking too much and very reasonable.   They are signalling that the price has great potential of surging.
I think should try collecting some from now onwards. 
.
 
Interesting ... all of the sudden so many sell. It seem to me that the direction is correct, however they are not wanting the BB to move just yet. Or whatever .... will watch and see how ...
I am sure there are experts out there ... who can give us your view on this. Thanks
Aj2invest, I was having the same thought as you  " My itchy finger is sitting on the trigger at this point too...get in or not get in or not get in or not haha"   running through my mind and somehow I did not move up to 0.6 cts and buy. Like I have mentioned I have been not focusing on this BB for quite a while, and now decide to refocus on Transcu. Does this sentence sound familiar to you .... ???  Exactly .... " This is what Transcu's management decided to do ... Refocusing of Business"  
Earlier, I was uncertain ... should or should I not go in. Now after mulling through all the events and happenings with Transcu ... my mind is clear and certain .... Transcu is not only REFOCUS but in my opinion " VERY FOCUS" - ONLY  1 CORE BUSINESS GREEN TECHNOLOGY. 
I am certain which direction to take ... ALL THE BEST TO YOU, Aj2invest. Cheers
REFOCUSING OF BUSINESS - PROPOSED
DISPOSAL OF ASSET(S), BUSINESS(ES) AND/OR SUBSIDIARIES OF THE COMPANY
Currently, the Group's core business comprises three main business segments, namely
transdermal pharmaceutical devices, cosmetics and green technology. In view of
the persistent liquidity issues faced by the Company due to the
capital-intensive (and hence heavily reliant on funding) research and
development activities undertaken by its business activities, the Company is
looking to concentrate the application of funds and effort in the green
technology business and tap into the growing global need for environmental
conservation and reduction of fuel consumption. The directors are of the
opinion that the Proposed Disposal will yield proceeds necessary to satisfy the
Company's general corporate and working capital purposes so as to alleviate the
cash-flow situation of the Company, allowing the Group to rationalize and
re-organise its business activities and reposition itself.
aj2invest ( Date: 04-Nov-2013 16:04) Posted:
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aj2invest ( Date: 04-Nov-2013 16:04) Posted:
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UPRR18 ( Date: 04-Nov-2013 15:57) Posted:
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Senior mb7269, I agreed you. You should wait till Japan Olympic, my friend said 猪 也 没 有 偌 大 . I'm sure it is not you, ... cos you are sly one waiting for innocent people to believe and sell to you. Haha !!!
Just now after hearing what the sifu said, I jeeped already at 0.6cts. May jeep again ...
Happy queuing and all the best !!!
new6ie ( Date: 04-Nov-2013 13:55) Posted:
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Then if Transcu moves back to above 18 cents from where it was 3 years back, hundreds of millions wd b made!
 
new6ie ( Date: 04-Nov-2013 13:48) Posted:
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JMS213 ( Date: 04-Nov-2013 12:28) Posted:
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Oldfyingfox, you are absolutely right .... they have gotten 17,543,860 new shares. No wonder Rabbitfoot said " already numb" because they pressed down the market ..... I believe
The Board wishes to announce that the Subscriber has on 23 October 2013, in accordance with the Conditions,exercised its right to convert S$100,000 in value of the Convertible Bonds into 17,543,860 new shares of the Company (the " Converted New Shares" ), at the conversion price of S$0.0057 for each Converted New Share.
oldflyingfox ( Date: 04-Nov-2013 12:12) Posted:
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Bro, look at the movement this morning ... look like the train is moving.
Since I have not been monitoring this BB,  I decided to do some homework. Indeed, NOW Transcu's management is more resolute .... disposing what they have taken years to develop " transdermal pharmaceutical devices and cosmetics businesses." ~~~ NO KIDDING
REFOCUSING OF BUSINESS - PROPOSED DISPOSAL OF ASSET(S), BUSINESS(ES) AND/OR SUBSIDIARIES OF THE COMPANY
The
Board of Directors (the " Board" ) of Transcu Group
Limited (the " Company"   or collectively
with its subsidiaries, the " Group" ) wishes to announce
that pursuant to ongoing reviews of the Company?s business operations and in
connection with a refocusing of the Group's business, the Company is looking to
dispose of some or all of its interests in shares and/or assets/businesses in
the transdermal pharmaceutical devices and cosmetics businesses (the " Proposed Disposal" ).