Badger Paper Mills Inc (BPMI)

[tsoprano-1]

I believe the good assets were bought with no return to shareholders and the crap was left behind. I really thought a lawsuit would follow, since a much better deal had been struck and reneged on. That is why, in my opinion, Swanson and the BOD must have taken money under the table. That or they didn't own shares in BPMI. One minute the guy is bidding 1.25/share and can't get financing. The next he is coming up with an equally large sum to get the good assets. Someone screwed the shareholders. BOD and Swanson look like the best candidates. I haven't bothered to call since Swanson lied to me last time. Don't expect anything different this time. If the mill is still running then we would be worth something, but I haven't bothered to find out. Just assume it is lost money. Oddly enough, Swanson is from my hometown. He better not be visiting when I am or his ass is mine.

T