Replies to post #12545 on America West Resources, Inc.(fka AWSRQ)

[wormforbait]

I wonder if a company is making enough money,that they don't need stockholders money to operate,then they will not have to give any of their profits away,when the money comes in.
I would guess with no stockholders to vote,they can do anything they please.
I wonder if they had that in mind,if they get the price of the stock down low enough when they go private,then all of us that bought in at high prices,would lose big time when they pay us off at the rediculous low price.I have been used hard that way before,when i was forced to sell my stock for pennies on the dollar.I now have 3000.dollars left,of my 100,000 dollar life savings,that i worked very hard to earn.
IMO

[beefeater1]

Generally, when a company goes private, the owners offer to buy all the stock left in public hands for a price 10% higher than the CURRENT MARKET PRICE. In our case, that will probably be less than 0.10 per share by then. You don't HAVE to sell to them at that price, but then you're stuck with shares that have no market, even though they may have some "value".So everyone sells to salvage what they can, and they move on. Game Over. If they take this company private, all our paper losses become real...