News Focus
News Focus
Followers 0
Posts 4568
Boards Moderated 0
Alias Born 06/08/2009

Re: mdimport post# 17479

Tuesday, 03/23/2010 5:39:55 PM

Tuesday, March 23, 2010 5:39:55 PM

Post# of 35504
I'm afraid you won't have much of a case. The PR's are purposefully vague, and their lawyers will argue that no reasonable person could have assumed the buyout was for .01 per share, 5x-10x it's current trading price, when the company has mentioned nothing about any price per share to be distributed.

Especially if the CC tomorrow is handled as slick as I think it will. They appear to have all their bases covered. The company has only put out two PR's - basically all the ludicrous expectations have been set by promoters on message boards and via email spam. With only the two PR's to present as evidence you'll be lucky not to be laughed out of the courtroom.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y