Replies to post #3148 on Digital Power Corp (DPW)

[hobowilly]

I sent them a letter yesterday detailing how damaging to their reputation and disappointing it was to shareholders to cancel the presentation with the lame excuse of a scheduling conflict at the very last minute.

They knew for months the presentation was on the 21st. What happened?

And no follow-up PR while the pps is tanking.

I got no response or acknowledgement of receipt.

You did see this?

Digital Power Seeks to Raise Stake in WSI Industries to Majority From 8.8% in $6/Share Tender Offer
BY MT Newswires
— 4:35 AM ET 02/22/2018
04:35 AM EST, 02/22/2018 (MT Newswires) -- Digital Power Corporation (DPW) said in a regulatory filing late Wednesday that it plans to increase its stake in WSI Industries ( WSCI ) to over 50% from currently 8.8% by way of a cash tender offer for additional shares at $6 each.

The purchase price represents a premium of about 18% over the closing share price on Feb.15, Digital Power said, and approximately 69% over the closing share price on the day immediately prior to the initial purchase date.

"The terms of the tender offer would be conditioned on DPW acquiring enough shares to ensure that, after such acquisition and when combined with the current holdings, DPW's total beneficial ownership would be in excess of 50% of the total outstanding shares of common stock," it said in the filing.

Price: 5.04, Change: , Percent Change:

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