BAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA! SAY IT ISNT TRUE!
The Press Release attached as Exhibit 99.1 to this report announced that after a lengthy strategic review process, the Board was unable to execute a sale of the business. The Board, in consultation with the Company’s financial advisor, Boxwood Partners, LLC, made the decision to discontinue sale talks with bidders after having been engaged in negotiations for a lengthy period of time. The Company continues to have high level discussions regarding mergers and acquiring other related businesses that may have high cash synergies without increased complexity.
Don’t ever wrestle with a pig. You’ll both get dirty, but the pig will enjoy it.