Monday, April 23, 2007 2:10:10 PM
Frankly, I'm glad the number is realistic, and completely UNLIKE the NDOL deal. Why should the buyer offer more than what the stock has ever been able to achieve on the open market? If I was a buyer, I would try to take advantage of a company's weakness to get some cheap assets. This number reassures me that the offer is indeed real. If the offer had been for much more than $1, my suspicions would have been raised.
At this price I'm okay either way if the company takes it or rejects it. If they do reject it, though, then they need to accompany that rejection with a timeline for becoming a fully reporting company.
I'm glad the company has chosen to not keep us in the dark.
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