Re: A "poison pill" DDiligen

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

milestone

Rank: President [?]

Points: 18650 [?]

Votes: 158 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: A "poison pill" DDiligen

in response to

Re: A "poison pill" milestone

DDiligen

posted on Jan 15, 2008 11:24AM

But this is a poison pill for a joint entity PDS, not a poison pill for PTSC along. This is huge distinction. Do not take that poison pill as the protection we (retail shareholders) need in case any takeover, and don't trust the "fair price" will be fair to us.

In the event of an offer for PTSC, the value of 50% of PDS plays a significant part in the valuation. As TPL kindly provided an indicative price for PDS, the poison pill still exists for PTSC alone.

As to a "fair price" valuation, I would again respectfully refer you to the options available at Delaware Chancery Court whereby the court determines a fair value based on all evidence provided. This is the second poison pill.