Usleton says a multiple of ... 30... is more than fair to apply based on the fact that BCIT will/could/might have upwards of $800 min. bucks in cash!
That's utterly absurd. Mark sounds like a pumper clown who take after his father and cousin.
They wait until after a R/S (which Mark said is possible but he just does'nt see it happening now)???????????
I guess Mark hasn't bothered to read the proxy statement.
He does'nt think BCIT can do a R/S at this point in time, they just don't have the shares needed and any co's. obligation is to be able to "satisfy the markets" need for shares
Not true. You can r/s down to practically nothing if that's what you want to do.
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