InvestorsHub Logo

General Grievous

02/28/11 12:41 PM

#30098 RE: kiaranmclaughlin #30095

yeah its needed cause this pr really flopped

mildtrans

02/28/11 12:52 PM

#30103 RE: kiaranmclaughlin #30095

If Bob is requesting shareholders approval for this offer then all hell will break loose. Usually I'm highly suspicious of buy out offer in pinky land but in this case with so much revenues potential a buy out offer is highly credible from private investors. Based on latest developments I decided to stay put.

jto

02/28/11 1:10 PM

#30110 RE: kiaranmclaughlin #30095

The boss says we got a .15 buyout offer,and the stock price goes no where near that,do most people believe he is lying to deceive,or is this just something acceptable in pinkyland?

kag_sfmi

02/28/11 1:47 PM

#30130 RE: kiaranmclaughlin #30095

Kiaran- Usually tender offers where a company takeover is the goal require a minimum number of shares to participate or subscribe in order for the tender price to be realized. In our case, Bob controls most of the o/s of the company. So what makes you think it will actually go through? Admittedly, some tender offers do not have a minimum subscription requirement, but those normally involve an entity that only wants a small, non-control chunk of the o/s.

ImOnABoat

03/01/11 12:18 PM

#30500 RE: kiaranmclaughlin #30095

WOW! Weren't you well-informed...