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TomSawyer

05/20/09 3:40 PM

#171333 RE: Be Confident #171327

A few years back, I was invested in a technology company. The CEO stated he was not interested in selling the company. The company issued a PR that they needed to review their financial going back 3 years, and the pps dropped big time. I suspected from my DD, that the company sent out the PR in order to lower the pps price and make the company more affordable for a buyer. The company was sold 6 months later to a HUGE company. I started a class action, and took the role as Lead Plantif. Late last year they settled with us for under $3 million dollars. They didn't fight it.

Point: If YA wants to sell the company, then Lian's statement is correct since it says he is not interested in selling the company. That doesn't mean YA doesn't want him to.

Just my opinion.
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Ninja 200

05/20/09 5:11 PM

#171361 RE: Be Confident #171327

BC,

That will never happen! There will not be a merger between sb and NEOM.

YA wants and needs to make a killing on their investment.

The VC's backing sb won't take the beating in trying to get into NEOM at the price YA will want.

My guess is that they will offer up some token amount of cash and a possible license agreement.

This will not go to a full blown court drama.

Ninja