That's the second time someone has said something about a takeover because of the low share price in the last few weeks. You reminded me of something I saw a few months ago on the company website that struck me as curious.
I just went back and found the URL which is listed below. Do you have any idea what this is about? In a public corporation I thought capitalization was acquired initially from the IPO and subsequently by selling treasury shares if needed. Clearly selling treasury stock is not much of an option at the current share price. So what happens here? New investors get some sort of preferred stock? And why would they invest in a company with such a poor common share price to begin with?
I'd ask the company but I've made at least three attempts to communicate with them on various issues and have received no response to any of my inquiries. It is really becoming quite irritating. I'm beginning to conclude they do not care one iota for the shareholders. Certainly we should be given the respect of being acknowledged instead of being ignored.
It seems that pwise is the only one on the board that has gotten a response to his inquiries. Any others?