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Sultan

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Sultan

Re: Value_Investor post# 1061

Thursday, 02/09/2012 7:09:04 PM

Thursday, February 09, 2012 7:09:04 PM

Post# of 1063
Yes.. If you check the company's web site, under investors, you will see their latest official filing.. Basically, they have found a buyer for CDCS at $10.50 per share for their 88% (or some such number) stake they hold.. This is a stalking horse bid to launch an auction process so they are guaranteed this minimum price per share.. Could end up being higher..

Just shows you, there is a lot of value here despite it being pushed down to pennies a month or so ago..

Still holding all my shares..
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