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Re: A deleted message

Friday, 01/15/2010 9:35:30 AM

Friday, January 15, 2010 9:35:30 AM

Post# of 22569
I see a few people are starting to figure out what is likely happening with this supposed buyout.

I said all along the deal was for the preferreds and for Bill to get the biggest bang for his shares, he needed as many preferreds as he could get, so he just did his convert of commons into preferreds and that is what he sells to Allie for cash and shares in WOWGreen.

The commons are just along for the ride and IMO, it will not be a fun ride.

Yes, a few less common make it easier to run this thing on hype and hope but there is little to no interest here to even get it on radar screens and when the PR comes out announcing that WOW owns GRBG (and there is no offer of anything for the commons) the ones who thought they were getting bought out will be gone driving this thing lower.