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Re: guardiangel post# 25678

Sunday, 10/19/2014 10:13:51 AM

Sunday, October 19, 2014 10:13:51 AM

Post# of 30046
GA, as you mentioned, they must meet the 5% to 20% public ownership requirements as a condition for the reverse merger of Radient to occur. IMO we will be getting an offer for our shares (immediately before the reverse merge is implemented) to further pare down public ownership nearer the minimum 5% from our current 12-14%. The offer will occur (out of necessity) after State of Delaware reincorporation is out of the way. Question: What else needs to be done to clear the way for offer to occur?

They want as many cheap shares up front as possible- witness how they aggressively accomplished this goal during the Creeping Takeover portion of events (they didn't count on The Strong Hands holding out like we did). Once they reach near 5%, they will say the offer is oversubscribed and end it. I intend to still have my shares.

Will they attempt to offer us $$ for our shares immediately after the reverse merger- only if the first try is under subscribed. Why pay more for something if you don't have to.

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