private in the sense that they don't want to be subject to the SEC reporting requirements and such...if they were truly going private, they would either purchase our stock or do something else to it.
In the doc they filed, they said that "the shareholders of common stock will retain all shareholder interests" , leading me to believe that we will be ok for now - catch is there is 0 liquidity so you couldn't really sell if you wanted to bc there wont be any buyers.
Sooo...this introduces yet another slew of possibilities - one of which is they put lipstick on the company and flip it in the short-to-medium term. at that point, the question would be what happens to our stock? it would spike, BUT that's assuming they don't dilute our current stock.
too bad most folks on this thread only post a few words...a sentence at most lol. doesn't lend itself well to having a discussion.
