Why would Thunderbird release a pr like this:
Just seems odd to me.... After all, BFHJ is a non reporting pinky with everything to prove......IMO
Thunderbird has received no other communication from BHI and has received no other information establishing either the credibility of the offer or the credibility of BHI, including no information on operating history or financial performance of BHI or cash resources available to finance this transaction. In addition, Thunderbird has not been made aware of any efforts by BHI to comply with any applicable securities laws and other regulations dealing with tender offers or potential tender offers.
While our goal is and always has been to maximize long term shareholder value, until Thunderbird receives additional information establishing the bona fide intent and capability on the part of BHI, as well as regulatory compliance, Thunderbird will take no action with respect to the BHI Letter.
