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peeved

11/21/08 1:58 PM

#60285 RE: funmaxus #60283

funmaxus...

the company took care of any possible buyout by issuing preferred shares...

I think there is little chance of this.

MasterBlastr

11/21/08 3:31 PM

#60292 RE: funmaxus #60283

I think the whole deal revolves around Paul needing to raise more cash. The a/s is maxed on SPZI with no buying interest. The a/s on XXIS is nowhere near maxed but no buying interest, even after pulling an *old tired* preferred share conversion trick. Creation of Kaitrade, who is actively seeking private equity partners. Thats what its all about.

mtncabin

11/21/08 9:28 PM

#60300 RE: funmaxus #60283

Funmaxus,
I find your hypothesis very thoughtful, very possibe, and very interesting. My thoughts are:

1. KaiTrade may very well be a defensive move since it is a LLC and not publically traded. It probably is also a cost effective move.

2. The 'golden goose" being protected may be 141 Capital. If I recall right, last May 141 pr'd a plan to provide "stock recommendations" to customers. This was also touched on in a late summer pr. IMO, this concept fits the Bloomberg's communication core business and in fact we could have a Spooz/141/Bloomberg relationship that is being protected from other potential buyers. I realize that this is a stretch but could be a real exciting possibility.

All just my thoughts. I appreciate your thoughts; they provide good discussion which is long overdue on this Board. Good luck to you.