KOmani, the tender offer has been extended to 2/24/2017
So as of today, no shares have been officially tendered and closed out. The share count as of today is still 9,444,000
One has until 2/24/2017 to withdraw any shares tendered.
It is my feeling that a lot of the shares put up for tendering will be withdrawn.
I think that by Friday the shares tendered well be less than 1M
Why tender shares at 1.50 and they are trading at 1.69 and are worth north of 2.72
Management is trying to pull a fast one.
Like you said, the offer is a JOKE!
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