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Re: drknow post# 29071

Saturday, 10/13/2007 10:07:29 AM

Saturday, October 13, 2007 10:07:29 AM

Post# of 107353
There does come a point where you have to pull the trigger on a LOI even if the acquiror knows the terms may sweeten by waiting. It is a matter of courtesy for one to not try and extract every ounce of flesh from the acquired party, but you are also bringing them into your operations and need to co-exist and thrive together after the deal is completed. If the amount of shares is already half as much as a result of the stock price, that should be a sufficient bonus for the company and its shareholders to consummate the deal and for everyone to feel they are getting a fair shake. That the Ironman PP should have closed yesterday resulting in $3M in cash being remitted to company means the closing of Mako may be close at hand since cash and shares are being tendered.
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