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wasdeafonce

04/11/16 10:34 AM

#171377 RE: TekTRTC #171374

One should also consider the Blum deal gave a 34% control of the company to two holders....
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MonestHind

04/11/16 10:49 AM

#171387 RE: TekTRTC #171374

I guess we could argue the term "fair" is subjective so...what may seem "fair" to one investor could seem horrifically unfair to another.

I would argue that the ownership of expensive shares has a strong positive correlation with the determination of fairness in this case.

Nothing about it is "fair." Not to say we should expect anything more from TRTC, but regardless of how we look at it - shareholders paid for the entire deal and lost both 37% ownership AND 50% of the profits...

Throw in the gnarly teeth in these recent filings and I think we'd be hard-pressed to find a neutral party willing to call anything about this deal "fair."


Good luck.