Not all mergers are successful. This one has been complicated by another merger on the S. Korean side, plus the time and cultural differences. I believe this will eventually be a success. The possible down side is a merger failure and we lose everything. I do not believe this is going to happen. I consider this very high risk because the financials have not been worked out yet and we are moving close to the one year anniversary of the merger. I truly believe we essentially hit the reset button when Dwight came on board with respect to how the business will be launched on our side of the pond. I believe we are in a much more powerful position with the current management team. They are simply waiting for Han and his team to work things out on their side. I would actually like to see Dwight revisit S. Korea and spend moe than a few days embedded with his cohorts. An old saying for stocks is that when there is a lack of news a stock will naturally seek its lowest level. Anyway, I share everything I get with this board and I hope it helps or sheds light on where I think we're at with our AMST investment. I own 440K shares.
GLTA... KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."