Replies to post #31517 on EnviroTechnologies International Inc. (ETII)

[NoChance2WinBig]

HNSS undermined the sell by saying management felt the offer was undervaluing the stock. What did they expect?

Seems like HNSS is more confused than ever and are taking the lead from the shareholders. Not good when the inmates run the asylum.

LEAD, don't ask.

[boilerup72]

How do you know the offering company wants to pay more than .01/share or even has the capital to go higher? If we don't see a counter that doesn't mean the offer was fake....LOL

[Lannes]

This was very good news. First, insiders could not possibly own a majority of the stock since the only insider is the CEO, and he has not reported holdings anywhere near a majority. Second, the HNS Fund cannot hold HNSS stock anymore than HNSS could hold HNSS stock because it would be non-free-trading, dead treasury stock not counted in shares outstanding. The fact is that less than 25 percent of shares were tendered, and that is very good news.