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jbainseky

09/05/12 6:30 AM

#90048 RE: biopharm #90026

A poison pill is not passed to set a "predetermined minimum" price for a company. Usually when a PP is passed, the value of the company's IP is not known. SO, the PP is designed to STOP a hostile takeover or even an attempt at one.

Anyone who doesn't have the money to purchase shares in the event the PP is exercised, go to your local banker for a loan using the purchased stock as collateral, you will have twice as much value in stock than what you have to borrow.

JBAIN