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Re: GreaseWD40 post# 44328

Monday, 01/17/2011 12:19:06 PM

Monday, January 17, 2011 12:19:06 PM

Post# of 72136
Naturally the deal went nowhere! But the offer to sell the entire assets of the company shows LMDS was worth nothing to MDGC, a pile of useless, decade old junk and worthless patents. Apparently the company offering to strip the company bare eventually decided the LMDS assets were, as the market has determined, worthless.

Best of all, it was a pump and dump PR opportunity for facilitating flooding the market with more shares. Nifty! LOL