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wingtrade

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wingtrade

Re: brampa post# 6471

Wednesday, 03/14/2012 11:46:22 AM

Wednesday, March 14, 2012 11:46:22 AM

Post# of 20441
an asset sale would require a shareholder vote (shareholders with voting rights) and i do not know if the there would be an announcement prior to this kind of vote or not. maybe someone else on the board knows?

an asset sale instead of a merger/acquisition could retire all of ANTS' debt and include a one-time dividend to shareholders.

as far as the stock is concerned, an asset sale could be good for the stock since a) the pps is already in the can and b) there is the possibility of positive guidance regarding the company moving in a new direction.

my 2 cents anyway..
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