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Wednesday, October 10, 2012 5:46:22 PM
Looking at it another way, what does the "investment bank" care about GTGP beyond its equity contribution. They only care about how the private entity is going to be divvied up. There is a reason that it was set up this way. The explanation is that an investment bank would not invest in a small publicly traded company. So GTHI is a big private company and more worthy of investment than GTGP? Nonsense, it is because they may have seen the writing on the wall for GTGP and its filing status and not wanted anywhere near it. The rationale given in the 8K rings a little hollow.
As I learned on another suspended stock that had an "acquisition" component....if something isn't clear....there is usually a reason...which it is will fall far short of common shareholders expectations.
Trust is a very dangerous thing in penny stocks.
We will see what unfolds.
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