NanoLogix Inc (NNLX)

[capitalismforever]

The poison pill eliminates the possibility of a takeover. It also dissuades companies from having interest in an acquisition. So it has its good and it's bad. I believe they're more bad and anti-capitalistic than anything. They put forth the message that management has more interest in operating the business as a private entity than a public one. Anyone on Wall Street will tell you that.