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Re: gfp927z post# 32025

Monday, 01/18/2010 2:05:05 PM

Monday, January 18, 2010 2:05:05 PM

Post# of 48484
Thanks gfp. My attention to this board has been wavering but I do recall that was mentioned. I do think there are better things for Cor on the horizon and I am a glass half empty kind of a guy. Knowing Cor desperately needed funding, I think the financing terms are good. I tend to look at all things from a business perspective and in today's economic state, a company like Samyang clearly would not have put money into Cor based on what if scenarios and ghost intellectual property or with hopes of stealing an IP they are not severely familiar with and dumping it to the highest bidder for a modest profit, way to risky a scenario in my opinion. I would have preferred a premium buyout but after Mark's e-mail I figured that unlikely so this appears to be the next best thing short term.
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