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Thursday, July 23, 2020 12:27:46 AM
I was the one who pointed out that in this 10-K the poison pill info was also listed in the "Subsequent Events" portion of the 10-K in addition to where they normally list it.
So what are you trying to say?
The poison pill is no longer any good?
So what are you trying to say?
The poison pill is no longer any good?
Q7: Why was the poison pill mentioned in the 2020 Annual Report and has not been mentioned in any others?
A7: It was mentioned in this annual report because it offers a clear explanation that shows neither Nasrat nor LPC could leverage a hostile takeover. And, it was mentioned in the 2014 Annual Report. And, if read it reveals that there is a provision for shareholders prior to October 2013 who would be able to receive shares at a price of $2.10 for each share they hold.
"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." - Warren Buffett
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