Well once again offering the benefit of the doubt here.
February 15th Investor Presentation canceled the morning of with a reason (excuse?) that there was a "scheduling" conflict.
OK, so maybe they had/have some irons in the fire at the moment the Presentation was to occur and needed more time to get these issues settled.
Perhaps they thought it wise to reschedule the Presentation, resolve the "conflicts" then include whatever the "conflicts" were/are into the rescheduled Presentation on March 15th. Could be what has turned out to be not such a nice bid for MSCI.
Digital Power Seeks to Raise Stake in WSI Industries to Majority From 8.8% in $6/Share Tender Offer
Seems the WSCI BOD didn't take too kindly to the demands being made by DPW in a attempt to take majority control of the company.
The WSCI BOD wants more clarification on what the direction of the company would be if the acquisition is approved. The response from the WSCI BOD did not have a friendly tone.
I too am bery interested in what this is all about and it "appears" that DPW might be over extending themselves and their finances. But then again I am not privy to DPW boardroom chatting.
I don't want to say out loud that this thing is out of control but based on recent events I have a lot less confidence in DPW than I did back in December 2017.
Well we have to wait 10 days for the Presentation and I hope this issue is brought out into total daylight and explained and not brushed under the rug.
It also doesn't appear that Crypto Mining stocks are rising along with BTC.
All we can do right now is wait and hope this daily bleeding can be stopped. It is getting very tiresome.
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