Replies to post #7343 on Value Microcaps Zip Code Changers

[Rawnoc]

We've already been over that. It's impossible to execute a buyout at .07 with a company that has .20/share in cash after paying debts.

Impossible, unrealistic, and unprecedented in history. I know you know better than to say "anything he wants"

[Rawnoc]

Better be careful with ENTN -- insiders control 75% of it:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73612077

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78402542

So they may have $3.94/share in cash freely available, but since sincers own 75% of it they can just execute a buyout for .07/share.

lol yeah okay

Claiming a .07 buyout on IHCH after they have a book value of .20 to .50 would be as equally ridiculous as claiming ENTN could have a buyout at .07 -- there's a reason why every time there's a buyout you see 10-15 law firms threatening to sue claiming it was too cheap. Insiders can't simply "do whatever they want" no matter how many shares they control or the ENTN insiders would buy you out for .07/share.