Replies to post #7257 on Cemtrex Inc (CETX)

[236T568]

actually, wrong

very very wrong

no KTCC stockholders are going to exchange shares of KTCC that are now trading at about $7.00 for shares of CETX that are now trading at about $3.00

and regarding NO stock large stockholders of KTCC, what do you call this?



https://www.sec.gov/Archives/edgar/data/719733/000071973316000167/proxy2016.htm

Name of 
 Beneficial Owner* Number of Shares Beneficially Owned (1) Percent of Class (1) 
   
 Dimensional Fund Advisors, L.P. 
 1299 Ocean Avenue, Suite 650 
 Santa Monica, CA 90401 
   
 900,600 
  
 (2),(3)  
 8.41 
 % 
 Tieton Capital Management LLC 
 4700 Tieton Drive, Suite C 
 Yakima, WA 98908 
   
 684,838 
  
 (4),(5)  
 6.39 
 % 
 Morgan Stanley Wealth Management 
 999 3rd Avenue, Suite 4500 
 Seattle, WA 98104 
   
 589,825 
  
 (6),(7)  
 5.51 
 %

[stockmasterflash]

Baby Govil wants to pay $30 million

for a company that is currently trading for $70 million. Ain't gonna happen.

KTCC is a Nasdaq traded stock and would be mired in lawsuits if they ever tried to sell themselves for $30 million when they are and have been trading above $70 milllion

It's a completely goofy offer made by a kid who has a demonstrated history of being unable to run companies as profitably as they were run before he bought them.

petulent and impulsive. today's 8k was revealing just how immature he is

[stockmasterflash]

KTCC has no large shareholders???

Really??? So Morgan Stanley is going to allow baby govil to take over KTCC at a 50% discount???? ROTFL Uh yah ok


https://www.sec.gov/Archives/edgar/data/719733/000071973316000167/proxy2016.htm