InvestorsHub Logo
icon url

magicatlast

03/24/11 12:52 PM

#29633 RE: pmaher #29628

pmaher, thanks for your reply. I was looking it up as well after your prior post:

The Company is not aware of any present efforts or plans by any
person to undertake a hostile takeover of the Company.
In addition, the Reverse Stock Split is not intended as a "going private transaction," and it is not expected to
function unintentionally as one.


I missed these statements the first two times I read the proxy statement. This significantly reduces my concern about the possibility of malintent, tho I continue to believe the RS, etc will very definitely has a negative effect on the pps.

Thanks, Magic