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Re: Myth post# 100540

Monday, 11/14/2016 10:51:55 AM

Monday, November 14, 2016 10:51:55 AM

Post# of 105534
I think Red Oak needs to be held to a higher standard than just telling the truth and not diluting the share count. Clearly, their process has bogged down which is a disappointment to SH's hoping for liquidity at a much higher price. Yes the company is stable, but there is no catalyst for the share price to rise absent a transaction. The reference to the company continuing on a stand alone basis I'm guessing is just a bluff to any potential buyers. I don't see Red Oak holding its position and continuing to operate the business much into 2017. They will take their profit and move on. The delay signals a lower eventual sales price IMO.

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