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Re: Ardbeg post# 13865

Saturday, 03/20/2010 1:12:21 AM

Saturday, March 20, 2010 1:12:21 AM

Post# of 35503
The other part of this is that they might have received an offer of 0.005 per share. Thresher said no and countered at 0.02 per share. Then on March 9, 2010, a 2nd counter-offer of 0.01 was made. One week later it was accepted by the board of directors.

There are so many unknowns here. It is not likely that someone offered 0.01 out of the blue with no negotiation. It's probable that there were negotiations prior to March 9, 2010 and 0.01 was the number settled on by the board, per the PR.

Bet on the jockey, not the horse.