Speed Commerce Inc (SPDC)

[BeachBum]

As a lawyer you should know going private doesn't just happen overnight when you've been operating publicly for some time. It's not like POOF, I'm private after filing a few new DBA's. I suspect a few law suits would come if the company attempts to skirt the public market but just a bunch of "presuming" on my part.

The lender foreclosed on the assets which is no accident considering they have been funding $1 mil at a time over many months to keep Speed operating. Now they want to go private with zero consideration for the remaining 6 million outstanding? Anything is possible I guess.

How do you think they will pull this off absent of common holder consideration Mr. attorney? Considering they still operate and all.