Second hand info:
The only news I have it that MMTV just received a credit line of about a million dollars. That tells me that they are not planning on bankrupting the company. anytime soon
What I also heard is that the "buyout" deal is still a possibility, meaning its not off the table, (yet its not moving forward either).
So take the info for what it is.....
I decided that putting any more into this company is like buying a lottery ticket. I just bought another 100,000 shares yesterday for a little over $100. I figure that if the company does nothing, its money lost. But if there is a buy-out, I'll be ahead of the game BIG TIME. And I managed to average down nicely....
I also admit that I am as frustrated as most on this board. Its been 2 years since I've heard of a possible buy-out. But the management still think its possible, and even went as far as borrowing more credit....
Make your own decisions.... I'm just sharing second hand info...
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