Thanks Jagger for the info. I said last week that I thought HISC would have to be acquired not acquire because we don't have the money to buy anyone and several folks here practically called me a heretic.
Your guesses may be right and if it is correct than we have to hope there will be a decent offer of shares in the new company for HISC shares. An offer of buying out HISC shares in this price range will be a good reason to get chapped at Frank.
Hopefully, those guys will look out for us as well as themselves
Has anyone been a shareholder of a stock that received a Tender Offer? From what I hear the tender offer is not based on the MM's PPS but on company's actual valuation and we all know that HISC with ActSoft is worth a lot more that what it current PPS is on the pink sheets.
Does anyone have any info on how a tender offer works? Let’s research.