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Re: firehorse post# 33890

Thursday, 09/21/2017 11:56:52 AM

Thursday, September 21, 2017 11:56:52 AM

Post# of 34405
I'm taking door #3, with an option on door #4.

Reading the proxy statement timeline of events, it now looks like Stan and Gill may have spent down POW!'s money to drive it near bankruptcy, for a buyout.

Edit
I also think that the offer to buy the assets of the company (with the three day offer) was the superior offer for shareholders. The proxy statement lacked the details of that offer that was present for the other Chinese company offers.
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