Exten Industries (fka BB: EXTI)

[Patricia_1]

Hostile takeover info per phone call
as posted by a RB poster

By: exti_6_zeros
09 Nov 2003, 02:57 PM EST
Msg. 12500 of 12645
(This msg. is a reply to 12432 by hitternj.)
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hitternj, Read this hope it helps

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By: pphm_make_me_rich
06 Nov 2003, 03:46 PM EST
Msg. 11493 of 12499
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Reply from company representative:

I just got off the phone with a company representative and they said that their is NO provision for a hostile takeover in the company charter. Also stated that over 40% were held by insiders (we already knew that just verified) implied that others close to the company had shares in addition to that. Said that the company would entertain any offers as was the fiduciary obligation to the shareholders but that was NOT going on now. READ NO ONE IS TRYING TO TAKE US OVER!!!! just wanted to make that clear. I thanked the person for taking time out of their hectic day to call little ol' me. And was encouraged by our recent success. Person sounded upbeat and confident. Hope this helps!!