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Re: mikeonmicrocaps post# 69421

Monday, 08/24/2015 12:26:52 AM

Monday, August 24, 2015 12:26:52 AM

Post# of 81570
IMO Mike, the future value of the insider shares is far too great for them to consider taking it private. The future value of the shares could come from market sales or from sale of the company or both. And BTW, there are recent cases where a pinky went private by simply discontinuing to report. Delisting follows and voila, private. All shares become non-tradeable and worthless. Case in point was IDGI from personal experience. For some reason the SEC seems to be inconsistent in treatment of non-reporting pinks. I would think this way is far too risky but just wanted to put it out there. IMO, this is the furthest thing from Stewart's mind.