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Look at DMTN. Buyout offer at $.49 and they are trading at $.13.
You still might only see Kartix Financial as the represented buyer on the proxy. Especially if the company is taking itself private. There might not be an outside buyer.
The BOD said the buyer offered cash and they approved the deal. We are basically trusting the BOD that the buyer is legitimate and can fund the deal. If you don't trust the BOD then I would sell.
I don't care who pays me the $.55 per share.
We still might not know who the buyer is, other than Kartix, up until the vote. Looks like the company is just taking itself private to get off the pinkies and all the #@$%^ associated with them. IMHO.
The offer has already been made and accepted by the BOD at $.55 per share. The vote is a formality and the identity of the buyer is a moot point. IMHO.
That is true up until the cash is in our accounts. If the buyout is legitimate then it doesn't matter who the buyer is, we will get our $.55 per share regardless.IMHO.
Well said. It all spends the same regardless of who the buyer is.
Looks like we're watching paint dry again until the proxy comes out. Hopefully soon.
Been getting volume early and then it dries up later in the day. Like watching paint dry now. IMHO.
Looks like they are putting together some numbers on what the potential of the company is without a buyout.i.e. if it moves forward with gold production as is. IMHO.
And the BOD has already said that they approve of the buyout.
I think it's a formality. If insiders hold the majority of the votes then it will be approved. IMHO.
Divy is already factored into the share price. Went from $.069 to $.055 the day it was announced. FYI.
The BOD has already given it's approval for the buyout. A way to take the company private and not have to screw with the pink sheets and all the garbage that goes with it anymore. $.55 per share is a cheap buyout price if their assets are as stated. IMHO.
Gettin' ready to rumble. Should see some increased buying pressure from now til 11-9. IMHO.
The buyout offer is $.55 per share regardless of anything else. An 8 bagger from here. Will be counting my profits shortly.
It's not too good to be true if the shareholders accept $.55 per share for a company that has $8 billion plus in assets. Worth much more than that. IMHO.
The buyout is $.55 per share regardless of production, assets, or anything else. If you don't believe that then I wouldn't invest. I do believe it so I will hang around until the 9th and see what happens.
A previous PR stated that the buyer was satisfied with the valuation of the assets. They should be very pleased if the shareholders accept their measley offer of $.55 per share. A fraction of what the company is worth. IMHO.
Some people sold in the high $.06's-$.07 after they were guaranteed to receive the dividend. Profit taking. Just like flipping. IMHO.
If the buyout price is still $.55 then I am very happy with the additional shares I will be getting for free.
Don't give any credence to what DP says. It's a moot point anyway. The buyout is a go program regardless of what the share count is.
We can expect this up until the buyout goes through. IMHO.
The confirmation will be when the proxies are in the mail to vote on the buyout. IMHO.
Who cares. The offer is $.55, an 8 bagger from here.
The offer is $.55 per share regardless of what the outstanding shares are. FYI.
At this point it doesn't matter what the outstanding shares are. The company has a buyout offer on the table for $.55 per share with a vote upcoming shortly.
We have another month or so of this #$%^& before we hit close to $.55. IMHO.
You are correct. They know it's worth much more than $.55 per share and that's why they are taking it private.
Because there is still mistrust of management and many people who just prefer to flip shares. This will go on until the Nov 9 vote approaches. IMHO.
The buyout of $.55 per share will go through and the current BOD will cut a fat hog when they realize the true net worth of the company by taking it private. IMHO.
Still to come. More patience is required.
Haven't PR'd the date the dividend would be paid nor the date and place of the meeting. Still to come.
Another PR expected by October 3rd announcing the dividend and shareholders meeting. Momo may be dead until then unless another PR comes beforehand.
Filet Mignon would be cash dividends and a share price over $1. We would get that if they would start paying cash dividends. IMHO.
I would like both the dividend and the share appreciation. Been a long and painful process. We deserve a bone. IMHO.
If the company want's this stock to take off then it should start issuing cash dividends. A $.01 quarterly dividend would make the share price blow past $.55 and over $1. IMHO.
Buddy, when did you receive this response? Thanks.
Lack of news and no shareholder meeting scheduled as promised. IMHO