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Windbag1014

05/26/10 4:13 PM

#24023 RE: fresco #24022

No. A PR was released today for SNRS saying the company had an offer to buy at about 1000% premium. It is playing out much like the buyout "offer" that we experienced here at EWRC. Same kind of PRs. Management and board of directors are considering an offer of $.003 from and undisclosed buyer.

It would be $40 millionish for a company reporting $250,000 in assets and $0.00 revenue.

Just made me think longingly of those days in September.