IHDR -- The buyout price of $2.17 induced many to purchase
shares of NDOL and drive the price all the way up to $1.52. Then news was released that an agreement to merge the two companies would replace the buyout offer. The existing value of NDOL shares at that point was estimated at $2.20. The PRs kept investors informed of these developments. Any investors who thought the merger would not benefit the PPS could have sold as soon as the PR was released. You apparently chose not to. Now you want revenge. I do not believe the managers of NDOL could have predicted the 80% drop in PPS that occurred after the merger announcement, especially since it was a better business arrangement for both parties to prosper. You seem to think otherwise. But if they could foresee a drastic drop in PPS, why couldn't you?
Changing the business plan from a buyout to a merger was not good news for day-traders, but it was great news for long term investors. I don't know which of the two you are, but if you are a day-trader, you must have fallen asleep at the wheel and missed a great profit taking opportunity. If you are long, you have to calm yourself and ride out the ups and downs of the market. Either way, you have no reason to file a complaint with the SEC. There was no conspiracy, nor was Mr. Parkin ever less than honest with NDOL shareholders. His timing may have been a little off, but that is no reason to
slander his good name or that of the company.
If I were you I would first kick myself in the rear-end for loosing my temper, withdraw my complaint with the SEC, apologize to the members of this board for the disruption, and from now on, send comments and complaints directly to company headquarters for their appraisal instead of throwing a public tantrum.
