InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,297.04
(
0.33%
)
Post# of 118239
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

frogdreaming

Send PM Follow Ignore
Followers 10
Posts 4220
Boards Moderated 0
Alias Born 07/10/2003

frogdreaming

Re: Anvil post# 96787

Thursday, 04/28/2011 1:12:27 PM

Thursday, April 28, 2011 1:12:27 PM

Post# of 118239
That is a very plausible scenario, but I would clarify it a little. If the agreement was conditional in any way and the conditions were not met, then the deal never actually took place. So in this speculation RCCH never actually bought IWS they just had a conditional agreement to acquire it which never came to fruition.

On the other hand, Newtons obvious attempt to cover the failure of the transaction by creating a counterfeit lookalike would seem to be borderline fraudulent. Would that kind of bait and switch tactic be considered actionable?

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up