Friday, May 15, 2009 9:17:03 PM
Why would any company buyout PGYC for .57 per share when they can buy up every single share that is outstanding for .01 -.05 ?
There are 199 million shares outstanding that can be purchased on the market for next to nothing, and if anybody wanted to take over the company, all they would have to do is buy the shares, which they certainly wouldn't have to pay .57/share for .
No company would pay .57/share when they could pay far less than that for control of the company.
Any and all thoughts that can be shared would be very much appreciated and entertaining.
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