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Tuesday, May 01, 2012 9:48:18 AM
I think we deserve concrete answers from this management team. They were chugging along, doing the right stuff (short-term) and then turned out the lights? Why?
Well, if it is an imminent buy out, then these folks have till June 30th to release publicly the deal. That's typically how long is given for a due diligence period in the majority of M/A, especially one the size of ATRN.
I read Lili's information here and am frustrated that Fong didn't at least make an appearance to discuss and sent Chris. Exhausted or not, they entered into a losing deal with Kazaa only to kill it a few short months later? You mean to tell me that they didn't see the writing on the wall a few months prior?
As I said above, we need info by June 30th, or my opinion of this company is that it's a big shit show with no winners here. Their actions make no sense at this point.
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