Avid Bioservices Inc (CDMO): Cheynew I posted about the ONT takeover...

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Re: cheynew post# 45057

Sunday, 11/29/2009 12:11:28 PM

Sunday, November 29, 2009 12:11:28 PM

Cheynew I posted about the ONT takeover by Google back in August right after it happened. I owned ONT for a few months in 1999. There are similarities. PPHM management never cared about the shareholders. They have milked the 'we're in talks line' for years to keep try to keep the shareholders pacified. Somebody answered me back then that it won't happen here because of the poison pill. But if you read the poison pill PR it states that management can revoke it at any time. That would be really blatant if they do it.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40605412
Hope this doesn't happen to PPHM
ONT got bought out by Google a few days before they posted their best earnings ever. The stock was always beaten down, probably shorted down and then gets bought out for close to nothing. The shareholders are rightly fighting the takeover. You have to wonder what the management got under the table to go along with this deal. The shareholders were always kept in the dark and then they get royally screwed. Can this happen here?