InvestorsHub Logo
Followers 5
Posts 995
Boards Moderated 0
Alias Born 09/16/2008

Re: maninnepa post# 122372

Tuesday, 04/21/2009 10:52:41 AM

Tuesday, April 21, 2009 10:52:41 AM

Post# of 192567
Not sure. If Jared believes he can make that in the next 5 years based on growth projections and who knows how much beyond that, can build a big business that he can hand down to his family, allow the stock price to follow, then why take it????

I agree that it is a big risk. A bird in the hand scenario. But we don't really know what the offer had in it other $0.10 for common shareholders. We don't even know who the buyer was.

All we can do is consider the $134 million in projected 2009 revenues and invest accordingly keeping in mind that nothing has been audited.