Well the current company went bankrupt, after losing over $110 million, so could this new one do any worse?
It's the pinks. They're not going to buy the next google for $5 million, that's for sure. This is a typical pink deal, for typical pink sheet investors.
Investors wanting quality aren't going to find it in any pink, so what you say shouldn't be news. Throw a dart at a list of pink sheet companies, and you'll probably land on yet a worse one.
The bigger question remains. If you want to cash out, and for some reason didn't sell, what are you going to do if the shareholder cash out vote fails?
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