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Re: OceanEagle1 post# 37783

Sunday, 06/10/2012 11:08:22 AM

Sunday, June 10, 2012 11:08:22 AM

Post# of 74729
This is my thinking on this, FWIW. If I were an insider at either of these companies, I would not want uninvited guests at my party (merger). We common stock holders who aren't insiders are the uninvited guests.
The insiders from Asyi get a seat at the table of the new public company. The Kool people get a public shell. None of them want to share their bounty with a bunch of “street people” so to speak. The way for them to avoid that is to reclaim as many of the party invitations (outstanding common shares) as possible. The best way to do this is to make the party appear undesirable or unlikely to actually come about (drive down the share price and accumulate as many shares as possible?). Once enough undesirables are excluded (shares/invitations are accumulated), then the party (merger) can proceed.

This scenario is my reason for holding on here. I won't give up my invitation to the party until I know for sure it is canceled.

Appreciate any input pointing out flaws in this thinking. I'm always open to new ideas.

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