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cents2ks

07/13/15 10:22 PM

#31591 RE: Netsurfer #31589

Well...first of all you are assuming that someone could buy at least half plus one of 137 million shares tomorrow at .162...not going to happen.

Secondly, you are assuming that owning controlling interest of the common shares would get such a buyer control of the company NOW...the current situation complicates that somewhat.


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MattySR

07/14/15 1:53 AM

#31592 RE: Netsurfer #31589

what cents said, AND GTAT will OBJECT to any buyout. they WILL lose their NOL's valued at 150+ million if GTAT changes hands of 50% + 1.

first day motion.

https://www.kccllc.net/gtat/document/1411916141006000000000015

However of course, if a large bid came in that valued GTAT higher then the NOL + current market value, then the board would consider it.

Not saying they would accept but hey.
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XenaLives

07/14/15 8:37 AM

#31595 RE: Netsurfer #31589

Simple,it's not for sale...