It's even more disheartening to KNOW how many people lost money in this stock based on biased and unsubstantiated claims that were presented in such a way that it made it appear this company was a far larger player and that it's success was a foregone conclusion.
It's also a shame that the excess rhetoric as you call it, is exactly the reason this company is on life support at the mercy of a deal in which they are more than likely going to have do at a very steep discount and one that will shortchange the shareholder.
And the shareholder will have absolutely no say in the matter if the party or parties is brought forth or recommended by the BOD. Only a hostile sort of takeover would require a vote. 11 shareholders control the B shares which count for 5 votes each while only 8,000 plus of those shares are out, they have over 10,000,000 of those shares available- can't remember if its 11M or 13M so we will say over 10M- the proxy claims no market for those shares so I could imagine they could set any price they wanted for those and since there is no market those shares don't fall under the scrutiny of traded shares on the capital markets.
So there is a work around to limit any say the shareholder might have to a deal that leaves them as the bag holder..as it has been for the entire history of this company.
