InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,022.21
(
-0.58%
)
US TECH 100
17,060.00
(
-1.07%
)
Dow Jones
37,753.31
(
-0.12%
)
Brent Oil
86.95
(
-0.05%
)
Bitcoin
61,495.00
(
0.35%
)
Post# of 105534
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Edward

Send PM Follow Ignore
Followers 37
Posts 6347
Boards Moderated 4
Alias Born 05/06/2014

Edward

Re: Agent92260 post# 92713

Thursday, 04/16/2015 4:09:06 PM

Thursday, April 16, 2015 4:09:06 PM

Post# of 105534
No,I think once ( assuming) they sell, they are out for good. Also, Red Oak would have at least 30% voting power on any Corporate action, and for CCEL to have 30% voting they would have to buy 600 million more shares (20% + current10%) if the a/s is approved or more if they sell any or part of their current holdings. I think CCEL figured CBAI was easy pickings and couldn't fight them since CCEL has the resources to fight and CBAI doesn't. Now with Red Oak things have changed. Not saying CCEL is selling now( just a possibility), but I do believe sometime in the near future they will.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up