The market is saying CMM is worth $ .40 in spite of this seamingly over valued takeover offer.... so what if WTG was to do a $200,000,000 placement and offer $.50 / share instead of this share swap offer... personally I would take that just to get out of this POS even though I would be under by 25%.
If they can raise cash at $2.00 or $2.50 / share more power to them.
Personally I feel like I am swiming in a cesspool!
JMHO