I would like to add the most relevant reason to reject the LFB proposal:
In my opinion, of course.
GTC is first and foremost a company seeking validation of their platform. This is revealed in their anti-shareholder financings and even the Cox centerfold with a goat. It is revealed with most every deal they have inked, even the Merrimack deal which does not reveal any share of product sales. I believe if this deal is rejected by shareholders GTC will seek to seperate themselves from the controlling public and go private, and at this point I will happily take $2 when the alternative is much less.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.