SiNtx Technologies Inc (SINT)

[OhManIDied]

There is a lot of valid criticism of management. I for one believe that Sonny really gave away the company on the last financing. I was expecting a buyout to be reasonably priced somewhere over $200/share price prior to the financing; however, I now expect that buyout price to be in excess if $35/share, with overall price constant at $1.5B.

Realistically, I don't think $1.5B is enough.. at $5B the current buyout will be roughly $110/share. Perhaps a 1:1 share swap is still possible.

I would love to believe that the financing decisions have been sound but I'm confident that I could've obtained better financing terms. Simple, effective communication of what AMDA is would've done the trick - a little passion and excitement couldn't have hurt either. Based on everything I've seen over the years, I'm doubtful that these are skills that Sonny commands; the market doesn't seem to disagree with that either.

Importantly: IMO, it's almost over guys. Ash has been getting me very excited with his sleuthing lately.

OMID