Replies to post #6791 on Spencer Pharmaceutical (SPPH)

[PLAYER ONE]

Question, If the statement about Al=Whoever is correct about 55% will tender, who contacted the shareholders with an address to send their tender commitment to? Did any one here receive anything asking them to please submit for the tender ? How did they come up with that number unless it was a majority of the insiders besides management and no one else or this is all B/s

This represents, in addition to management's shares already committed, an aggregate of over 55% of the issued and outstanding shares in the Company".

[ScoJo MoJo]

My mistake - I understood "tendered" to mean "handed-over". However, this is irrelevant to my point, which is that the number "55%" was deliberately inserted into the PR in order to set up a future PR which will state that Al-Dorra has decided to accept the "tender" of majority ownership rather than pursue complete ownership and, as such, they will not be buying any public shares. Max & his buddies are simply trying to set up their exit strategy now by inventing a somewhat plausible (albeit fake) excuse as to why the $1.10/share carrot that they dangled in front of dumb investors like me never materialized. Obviously they are doing this to cover their backsides should the SEC or some investigative reporter come calling later.