Sunday, May 17, 2009 2:03:31 AM
Thanks for the info on Ted Williams. I am still trying to get a handle on this latest PR. I think people are overlooking some significant information in regard to the press release ... some positive and some not.
First the not so positive. The offer is apparently 200M. Given that Jared will have to be compensated for his preferred shares, the original offer would not yield 10 cents per share for the common. It would be something south of that depending on the preferreds.
Now for the positive. The pps has held up amazingly well given the negative reception that this has received. There is a significant buyer that snaps up shares and does not let his go below .015. People have been predicting that this is going to the trips but that hasn't happened.
You seem to have a lot of confidence in EESO. Were you satisfied with the buyout PR? The buyer was only partially revealed. We still have these mystery buyers out there.
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