Replies to post #71825 on Effective Control Transport Inc. (fka EFFC)

[rosebud05]

I think shareholders have a good case, particularly in light of what the judge at the bankruptcy hearing said with regards to Bain's intent. Bain does not stand to make any money off this deal unless he can gain control of the patent, i.e. buy it or have a surrogate or investment partner buy it, assuming of course that this goes into liquidation. It is a paltry sum for a group as large as ours is to pay for class action, so of course it is a logical step if and when the Delaware company is targeted.