I heard the offer to buy was refused as the buyer was asking for a stock reversal of EFGO.
Winters said no. Also it wasn’t an all cash offer. It was a stock for stock and a bit of cash. One thing everyone doesn’t realize is that EFGO stock is very liquid. What good is a 005 stock if it trades 1000 shares a month. Setting aside the PPS one can sell a position in 1-5 days in EFGO on average. If Winters accepted that deal it would of screwed all the shareholders big or small.
We have a great CEO at the helm here and a company with a great potential.