Steel partners has done this with other companies that it owned or had more than a 51% stake in the company. I talked with Jack Howard a couple of times this year & he is actively searching for a buyer or partnership to increase the value of their holdings in the stock. In one conversation he discussed the large number of shareholders that had less than a couple thousand shares, anyone with less than 10k is now gone. I am giving it another 6-12 months to see if they can move it to a dollar.
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