Replies to post #22902 on Salamon Group, Inc. (fka SLMU)

[martin33]

Not at all. Exchange would go on anyway. Not to worry, Radiant,
is according to rumors settled. They are the much bigger of the
two. Next week should be very interesting.

[gnolfinvestor]

this was discussed ad nauseum a few weeks ago.
the two hedge funds put out their own distorted pr.
slmu then answered with a clear explanation.
the judge has enjoined the company from tendering shares. IT DOES NOT PREVENT SHAREHOLDERS FROM TENDERING SHARES.
this means slmu, if it had shares in the treasury (WHICH IT DOESN'T), could not tender those shares for dsti shares.
THERE IS NO DISPUTE TO THESE FACTS !!! JUDGE CANNOT AND DID NOT PREVENT SHAREHOLDERS FROM TENDERING THEIR SHARES IF THEY DESIRE TO.

READ THE WORDING --- IT SPECIFICALLY SAYS "THE COMPANY" CANNOT TENDER SHARES. IT DOES NOT SAY SHAREHOLDERS CANNOT TENDER SHARES.

[sunbits]

I am not concerned about this. MM is said to be working behind the scenes to resolving the Radiant/Haverstock issue. This will likely be in some form of DSTI stock compensation, handing SLMU to them as a shell once he is done with it and has moved anything of value over to DSTI, or a combination of the two.

The injunction prevents SLMU from tendering stock in a merger, not anyone else. This is a moot point because the court was not asked nor could enjoin the shareholders from accepting a bonafide offer for their stock whether in cash or in another company's stock.