The removal of the RS is huge. With the ownership of shares by team ANI, it would be in their best interest to focus getting pps up. Any conversation of RS would affect their shares as well, so even going down that road would motivate them to use a rs to grow the business...
you can ask yourself why this didn't apply to bpax this past rs...I don't know...the only one that was really effected by rs was ross m. And it was a risk of delisting at the time.
with respect to ownership, what difference does it make if we own 49% vs 43%...don't we lose majority control in either scenario? If pps is $1.10, how does our % ownership effect the value of our shares. I agree with the board on the criminal valuation but I'm not experienced with the effect of our ownership on our share value, I get it when it comes to voting and decisions etc, just not sure on the effect of acquiescing to the new ownership terms. Any help would be appreciated
-RG
