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Value_Investor

12/30/11 8:28 AM

#8072 RE: Ohiostockpicker #8071

What I believe is: the new CEO spent the money to buy BLLD shell and
must use it for something (a RM or buy-out deal) to get reward later
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imiloa

01/06/12 4:41 AM

#8073 RE: Ohiostockpicker #8071

fwiw, I tried to contact Paul Wassgren professionally several times. Never returned my call.
My guess is that he considers his business affairs very private.

I also suspect he was merely the filing agent for the new (unknown) mgmt.

Given the long delay with no news, my guess is that a holding company bought the shell with some long-term plan, but has it shelved until said plan commences.

No telling what century that might occur.
But seems like it something should happen within a year or two, otherwise they would not yet have invested the money in buying the shell in the first place.