Replies to post #70036 on Protagenic Therapeutics Inc (PTIX)

[10452km2]

Great Post and more important I think folks need to understand ONE THING.

Our "acting" CEO Mr. Fong has a history of doing these type of deals. The LAST company he was involved with went silent for 40days and a buyout was announced.

[fouroheight68]

Another article of why it is important to be quiet during our M&A

"In fact, most breaches thatConfidentiality Agreements I’ve seen were because the business owner had loose lips or wasn’t careful about his/her actions. In light of this, my take is that if precautions are taken during the merger & acquisition process to ensure confidentiality and the business owner keeps silent after deciding to sell, confidentiality can be maintained throughout the sales process. "

http://lyonssolutions.com/article-concerning-confidentiality-agreements.html

[smoke_em]

"The buyer will usually require a quiet period."
I've been saying 60 days all along, I have been through 3 mergers-buyouts and all took 45-70 days to complete,,, and NONE had any news during the quiet time.

I bought 200k more today at .16, all 200k got filled in one buy. I also had a 100k buy sitting at 16.5 most of the afternoon which didn't hit.