Exactly, if you don’t merge and give yourself the leverage to compete for reserves when the larger companies around you are in an aggressive acquisition and merger mode, you are in bad trouble.
Ordinary investors don’t do much for any stock. Institutional investors, mutual funds, pension funds, banks and other financial institutions by far do the bulk of stock trading on any given day. It is estimated institutions account for approximately 80% of all trading activity. I have only seen a few so far, if we get a significant number it’s more likely our price will go up thanks to the increased demand they create. I am looking only for a flaw in the plan, that would get my attention, otherwise I don’t care what the ordinary investors do.
I have noticed the larger volume days are increasing.
Regarding the completion of a third merger before April 30 I would think that it would be much more difficult or next to impossible to simultaneously negotiate with two companies when the variables of one transaction (the amount of shares issued) affects the other. It is possible that Jack will use a different method or his new toy, the ASPGF-L – the L signifying preferred shares a non-dilutive means to raise capital, to buy the second company he has his eye on if that acquisition is still viable. Therefore the negotiations would be open but the means of acquisition would be of a separate nature. One would not hinder the other.
Reference: Preferred stock allows the firm to expand its capital base without diluting its common stock.
News 
Market Data 
Discover 
AI
