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es1

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Alias Born 07/13/2009

es1

Re: Eskaminagaga post# 83063

Wednesday, 10/29/2014 12:34:15 PM

Wednesday, October 29, 2014 12:34:15 PM

Post# of 275067

Now, granted, at the time Nexia was struggling with overwhelming debt, increasing company deficit, the inability to produce large quantities of protiens



The fact that the shareholders went from this situation to .75 in cash is not a bad thing.
The PPS at 1.75 was not reasonable for a company in that position with that share count.
So in hindsight the shareholders were lucky they got out with anything. The buy out was the only thing that saved them from bankruptcy and a total loss.

Buyouts can be awesome for the shareholder but it is rarely a bad thing. The main problem in a buyout is that the shareholders do not get the future of a company going global. If DuPont bought them the increase to their market cap would be almost unnoticeable.
But if KBLB was not bought out and went global the market cap here would multiply fast.
IMO Kim will wait until the market cap has expanded enough to make it worth the sell. Why sell for $20M now when after a product hits the market and a little word of mouth spreads they can get 10-100 times that money in a couple years.

JMO

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