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Re: GTCar post# 18880

Thursday, 07/24/2014 4:57:32 PM

Thursday, July 24, 2014 4:57:32 PM

Post# of 131103
GTcar, I agree. I think maybe a week or 2 longer.

Let's say they took the offer. They need to write a response back to the company. Then lawyers will get involved to draw up the agreements, which will need to be sent back and forth a few times to ensure everyone is happy. This could take a few weeks..

Then a proposal to the shareholders, which will have already been approved because the insiders have enough controlling shares..

If someone has been through a buyout before please help us out ..

JMO

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