It indicates a scam pal. Shareholders should demand a trace of those shares that went for nothing. Common action in this game. You were warned. Now start listenin. Issuin shares priorn to signin? NICE TRY BUD. Bend over.
I do not agree. I don't think we were ever told what the pps was when those shares were tendered to Huber.
But at this point it really doesn't matter. The Huber deal is a no go but Huber already has 2 mill in cash in their pocket for basically doing nothing except agreeing in principle to a sale that never took place ... plus they have the 2 mill shares. It's not like they are losing their own money if the pps falls since they basically have 2 mill free shares. They can sell them today for about 600K or they can tuck them away and see what happens over time. Wish I had 2 mill free shares to do with as I pleased along with 2 mill cash free and clear.
And don't forget, had the actual sale gone through Huber would have received additional tens of millions for rights.
So ... what's your point? Not sure I understand where you are headed with it.
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