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Re: ThSeeker post# 43980

Thursday, 04/26/2007 9:18:02 PM

Thursday, April 26, 2007 9:18:02 PM

Post# of 115222
ThSeeker - normally I wouldn't respond as I respect your opinions and fairness. However, I don't want the company to think that they can pull a NDOL/NWOG here. I wasn't in that one but lessons can and should be learned from that. They have indicated that there is a buyout that they are now in a position to accept it at .55. So it's in the company's hands. This is what they have told us. This is what the public knows, at least according to the company's own communications.

I'm sure they read these message boards so they need to understand that they are at risk if they fail to live up to their fiduciary duties to shareholders. If there is a contest between what is best for shareholders and what is best for management, the law says that management works for shareholders and that the interest of shareholders is supreme.

If they accept the outstanding counter-offer, the stock is a 5 bagger from here. That's in the best interest of shareholders and that's what the fiduciary duty of management requires them to do.

If they don't, the stock tanks. Credibility is low as evidenced by the current stock price. We have to face it and there is no other way of saying this.

So the company has indicated to us that they have the power to get us a 5 bagger from here. It's reasonable to assume that we are talking a potential swing here from .05 to .55. That's 11 x from low to high.

The math emphasizes the fiduciary duty that cannot be ignored. If they don't accept this or a higher current counter-offer, management will have to suffer the consequences.

Just my opinion.