InvestorsHub Logo
Followers 42
Posts 3685
Boards Moderated 2
Alias Born 01/16/2009

Re: mdimport post# 51831

Thursday, 06/13/2013 12:31:44 PM

Thursday, June 13, 2013 12:31:44 PM

Post# of 71458
I think Volk is trying to protect himself from that possibility in two ways.

The first is that new company he's got. If this one is taken over, he can transfer whatever assets to the new one and leave the shell behind. There don't seem to be any assets at the moment but some here think there are things in the works.

The second is the creation of those preferred shares. We don't know who holds those yet.

I don't bet but I wonder, what do you think Sutton would do with the shell if he got control?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.