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Thursday, March 22, 2007 10:23:25 AM
Imagine that there really is a buyout happening. There are a number of reasons ranging from an interested company that is short on facts to unrealized potential of the Dragon properties, to maybe a large gas well or two that we don't know about, to other machinations I haven't even guessed at.
Why would Joe Lanza still be around when we all feel that he detracts from shareholder value based on his history and apparent shennanigans.
But, mysteriously, here you have some new PR's coming out (really just reiterating what has recently been stated) with his name on them in the midst of the buyout rumors. WHY???
I think he is holding the company hostage to get a better parachute. Any buyers would most certainly dump him and the others (just like we want). But yet, he remains and is in the limelight even more than before. Maybe he is leveraging his exit contingent on his offer to go.
In other words, this may lend credibility to the buyout rumors. I really can't think of any other reason he would fire RM and set himself up as the contact on the new PR's.
Again, this is all conjecture on my part. Maybe even wishful thinking. But, it seems something is afoot.
Anyone talked to Barry recently?
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