I highly doubt this convo took place. That amigo, is illegal insider info not released to the public.
From the conversation i had with Mike Barron CEO of XREE, his trading team is buying up stock of XREE and their goal is to bring it back to $3.80, prior to the buyout deal, as we can all see the XREE stock has recovered lightly to $1.50 from an all time low of $0.30 today, still 60% down from an all time high of $3.80.