GZFX's market cap is only about $30 mill right now. Announcing an immediate nationwide CC rollout and the virtually guaranteed #2 position in the disc rental space makes GZFX a BIG takeover target. Keep in mind NFLX is worth about $1500 mill now. ANY retailer or competitor could buy GZFX with their spare change at this price. It's likely that takeover bids have already been discussed.
Of course JF has increased the A/S to allow for a 13D poison pill. This PROTECTS us shareholders from a "cheap" takeover bid. GZFX's value just increased BIGTIME last night and many know this. It would be poor management to announce a deal of this magnitude and not allow the company and shareholders to enjoy the growth by protecting us from a quick buyout. A near-term filing should spell this out soon.
Poison Pill: "A tactic by a company targeted for takeover to make its stock less appealing to the acquiring company in the hope of blocking the takeover. For example, the company might issue preferred stock that gives shareholders the right to redeem their shares at a premium after the takeover."
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