Replies to post #28749 on EnviroTechnologies International Inc. (ETII)

[Olanda]

Thanks, I am curious what will happen, PPS at least 0,01 worth !

[punk153]

It looks to me like the negotiations have come to an end and HNSS has been bought, effectively making HNSS private. This is the point at which investors wait for the offer, the buyout to go through and their shares to be purchased by the other company.

IMO

Tender

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When a company offers to buy another company, the price at which the deal is announced is known as the tender price. After the board of directors and shareholders agree to the deal, investors tender their shares to an agent of the purchasing company in exchange for the agreed-upon cash amount. Upon receipt of the shares, investors receive a check for the amount of the tender offer.

This procedure is streamlined for investors who work with a financial-services firm instead of keeping their own stock certificates in a safe-deposit box, as the firm can handle all of the paperwork on the client's behalf.

Delisting

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After the tender period has elapsed, the stock exchanges will delist the stock, meaning they will stop trading shares of the stock. Although the shares are not technically worthless at this point, because they have no public market, there is no public place to receive any value for them.


Read more: What Happens to Stock Price When a Public Company Goes Private? | eHow.com www.ehow.com/about_6452716_happens-public-company-goes-private_.html#ixzz1RPmRZUJS

[d3vnu11]

Wow, google moved the company to private!

http://www.google.com/finance?cid=13493916