SFX Entertainment Inc. (fka SRXEQ)

[Sgreg]

Yes you are correct. He has made higher offers in the past and they did not happen. The reason given in the past for the deals that did not happen was that he could not secure the financing needed to buyout at 5.25 a share or whatnot.

He is a very wealthy man though. At 1.75 he doesn't need financing. That is a big difference. Also the law firms are looking into if the offer in the past was bogus just to get the pps higher. Maybe it was maybe it wasn't. The reason that the company gave was Sillerman couldn't get the needed financing. If however it was bogus then IMO there is no way they would try it again with law firms already investigating the buyout that did not happen before.

In my opinion I believe Sillerman's offer is real and genuine and if the BOD accepts Sillerman will go through with it and have a done deal. Also again at 1.75 he doesn't need any financing like he would have needed last time.