Albina Community Bancorp (ACBCQ)

[56Chevy]

Good work on finding links to read and share with everyone but think about what you're saying.

Who would buy 90% of a company for the sole purpose of gaining control and then not want shares with voting rights in return? What would be the point? How do you prove ownership & control without shares issued in your name?

Is the 90% offer a "gift"? Hardly.

If a R/M happens shares will be issued...millions of them...count on it. But that in of itself isn't all 'bad'. Long term it will go a long way to help insure these banks survive...short term it will most likely turn a negative book value number into a positive one.

A merger among equals would be a good move for these banks...and that we can all agree on!

Good luck!