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LouMannheim

07/15/10 1:41 PM

#1840 RE: Enterprising Investor #1839

Not for us. I am sure Meruelo, Maddux and the Danning Gill team won't be relaxing by the shore or pool anytime soon. Got to come up with a new plan pretty fast, correct?
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drsandcrs

07/17/10 1:09 AM

#1843 RE: Enterprising Investor #1839

a view from the top .....

the best offer so far is from RM ....

keep these numbers in mind as offers are proposed ...

imo, MMPI is worth approx $1.11 per share in liquidation ....

and worth north of $2.40 per share on a going concern basis ...

and so the thugs at Legendary lowered both to .22 and .48 with no cash buyout

and Hartland offered .16 per share cash buyout or .10 plus an option to buy in ??

if we can receive $1.11 per share upon liquidation why is anything less acceptable ...

so from the top of a hill in Barcelona ... imo, RM has the best offer on the equity poker table