Why is the offer Unsolicited, non binding ? Yo Yo Jo blow offers 5 dollars a share none binding(don't hold me to it after i dump my stock)...management responds while we sell our shares we shall think about it with the board of directors.The smell test, here is a link to some folks waiting on the buy out to....with that said lets hope its all real......Santa Claus http://finance.yahoo.com/q?s=tbet&ql=1
Memsic Inc. (MEMS), a MEMS solution provider, announced that its Board has received an unsolicited, non-binding proposal from IDG-Accel China Growth Fund II L.P., for itself and on behalf of its affiliated funds and certain nominees or collectively,