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Re: gistheman post# 41

Saturday, 10/06/2012 11:17:20 AM

Saturday, October 06, 2012 11:17:20 AM

Post# of 137
Thanks for reply. I opened a small 3,000 shares watch-and-see position at 1.04 per share. I just learned about AbTech about 3 days ago and I've read up on ABHD smart sponge technology (which is amazing) and the awards and attention it's garnering. It's share structure is not bad for a nano-cap company. But so far it's losing money and I'm worried that any buyout won't as lucrative as it should be.

Simply put, this technology is worth billions over the years, and the Seeking Alpha article (below) indicates a measly $2.50 to $3 per share. If I was Glenn Rink, I would NEVER even consider such a ridiculously low buyout for what is (based on real world tests) amazingly efficient and much needed solutions. Heck, it they could get even a small part of the venture capital that a start up like Tesla Motors has, AbTech could dominate this space. Why give it away?

Even $10-$14 per share seems low to me. Comments anyone?

http://seekingalpha.com/article/904041-why-a-bidding-war-could-shortly-develop-for-abtech?source=yahoo



"A man's character is his fate." Heraclitus (c.540-c.480BC)

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