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Re: Renee post# 41855

Wednesday, 09/11/2013 10:49:08 AM

Wednesday, September 11, 2013 10:49:08 AM

Post# of 42706
There is no deal. You let them know you want to dissent, they send you their financials, and then you come to a deal with them. It sounds like they may send an offer with the financials. If you can't agree you try and take them to court so a court can decide "fair value". And this all has to be done within a certain amount of time.

Now if you don't dissent you hope they get something going and get relisted at some point. If that doesn't happen they say they may share what is left (if anything) of the proceeds of the sale with shareholders. But they don't have to, so I would never expect that to happen.

That is my understanding.

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