citoyen... thanks for the post and contact you made.
It's great to have multilingual folks to assist us single language dummies in DD efforts.
As for whether the ACMG price was orchestrated, I tend to think not... it is NOT the type of conduct typical of AC prior to Siam's involvement... and I do not think he would take kindly to his loyal s-holders being screwed over for a few bucks.
FACE IT... compared to the price the SIAM people have already committed to ACMG, buying at the present PPS whether .08 or .04 is chump change!
I truly do give AC and the Asian VC people credit for much higher ethics than scheming to fleece the fearful holding ACMG in weak hands! True that additional 30M shares are half price at .04 compared to .08, but still a pittance compared to the millions committed to the original deal. Ethical wealthy businessmen would be happy with the return in a few years based on the projections they already have PRd thru 2011.
ALL OF THIS LAST WEEK is a debacle stemming from irresponsible behavior from MN1 (80%)& AC no show (20%)setting up conditions that caused ACMG doubters and fearful LONGS to run over the edge of the cliff like lemmings (100%)!
Unfortunate, but merely coincidence except for the abysmal unethical journalism displayed on MN1!
JMO...
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett
AI
