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Pat

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Alias Born 07/07/2002

Pat

Re: smw2340 post# 3933

Thursday, 04/18/2019 12:31:08 PM

Thursday, April 18, 2019 12:31:08 PM

Post# of 4327
Taking it private seems a far more logical endgame than anyone successfully trying to wrestle control from current owners. I just don't see a need for management to personally purchase shares in the open market when they can collectively create new shares and give those to themselves as bonus compensation. It accomplishes the same effective defense against takeovers with no personal expense incurred. The lower the share price at the time they receive the new shares, the less income tax consequence for them. There may be an incentive to drive the share price lower. We'll know at some point in the future.

Pat

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