Savvy Trades and Investments

[jtomm]

WCRS -- For what it's worth, the SEC enforcement officer mentioned in that article appears to be this gentlemen who is now in private practice:

https://www.dechert.com/people/k/anthony-s--kelly-.html

Original SEC press release:

https://www.sec.gov/news/pressrelease/2016-100.html

Just a suggestion. Depending on how much money is at stake, might be worth the cost of an attorney letter from that Kelly guy reminding the company that they have a fiduciary duty to ALL shareholders and you are willing to negotiate a sale right now. At current prices, the company has darn near the entire share price in cash! This is just theft. CEO might be concerned that with a few phone calls from the attorney to his old buddies at the SEC, the CEO could be under criminal charges.

If I had shares, first thing I might do is just call the company and see if you can arrange a private transaction. Or maybe better yet call Blackstreet directly and see if they'd like to buy your shares and be done with it. That might be what they're trying to accomplish anyway.

Hate when companies pull this type of stuff.