I just consider the play too long to wait on now. Things are pretty much in the same position they have been in now. The only real changes were that the offer is actually a mini-tender offer and the new date for close is April 30th. They did indicate they are in the "due diligence" phase which indicates they aren't nearly as far into the deal as they seemed to indicate.
The CC was a ridiculous embarrassment. Prior to the start of the conference, they had everyone unmuted. It was fine for about 5 minutes and then as time went on the immaturity of the penny stock shone brightly. Then there was a period of muting followed by what I think was someone gaining moderator ability. They used mocking voices to say it was all a scam etc., etc.,
So, after 30 minutes of that mess the conference call started and was over within 4 minutes. Ridiculous.
-Chris
In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. - Peter Lynch