Look closer at what you wrote ... You have preconceived ideas of the value
posted on
Dec 31, 2014 12:33PM
You wrote: "If we are such an afterthought to the BOD and DL why don't they just devise some sort of an agreement with shareholders and go private....buy the company out for pennies at this point and they can run free..."
Why buy a close to dry cow, when you get almost whatever milk there is for free ?
A buyout or sale would require Shareholder approval.
"..buy it for pennies" .. It's only worth $12M now, and they can issue themselves millions of Options at pennies if a miracle happens.
"..and they can run free..." They already "run free", and Shareholders pay for their folly.