Replies to post #9324 on NanoLogix Inc (NNLX)

[capitalismforever]

That is absolutely wrong. All the poison pill does is place a speed bump in the road for someone who wants to takeover a company. The smaller the number of shares outstanding and the higher the current share price means the speed bump is higher, with the opposite meaning it is lower. If NNLX were trading at $2.00/share, then it would be expensive to get over, but the lower the share price coupled with less shares available for the poison pill, then the easier it is to overcome.

You should check your sources, you truly do not know what you're saying.

No, that's not at all correct. Most acquirers want to own 20% of a business before engaging in a takeover bid/negotiation. The poison pill dissuades that. Purchasers lose interest when they see a poison pill because they view management as "hostile". Ever heard of a hostile takeover? Well now you know where that term comes from.

I don't need to check my sources. I'm a professional accountant. Unlike like you (as you previously mentioned), I am a professional.

I remind you of the board rules in regards to being hostile towards posters, especially those that are moderators such as I am.