InvestorsHub Logo
Followers 20
Posts 1413
Boards Moderated 0
Alias Born 09/02/2015

Re: SteelTrapMind post# 58862

Thursday, 02/04/2016 6:16:11 PM

Thursday, February 04, 2016 6:16:11 PM

Post# of 69614
It costs money to tender the shares electronically.

Frank is basically making shareholders foot the bill by making THEM request the shares in paper and mail them to him.

He doesn't have to pay to make an electronic tender possible AND he gets his share count reduced while paying the lowest amount he possibly can for the shares.

All of the burden is on us.