I should clarify my position. If the price is right I will sell in a heartbeat. lol
Flip-In Event
A Flip-In Event occurs when any Person becomes an Acquiring Person. In the event that, prior to the Expiration Time, a Flip-In Event which has not been waived by the Board of Directors occurs (see "Redemption, Waiver and Termination"), each Right (except for Rights Beneficially Owned or which may thereafter be Beneficially Owned by an Acquiring Person or a transferee of such a Person, which Rights will become null and void) shall constitute the right to purchase from the Company, upon exercise thereof in accordance with the terms of the Rights Plan, that number of Common Shares having an aggregate Market Price on the date of the Flip-In Event equal to twice the Exercise Price, for the Exercise Price (such Right being subject to anti-dilution adjustments) For example, if at the time of the Flip-In Event the Exercise Price is $15 and the Market Price of the Common Shares is $5, the holder of each Right would be entitled to purchase Common Shares having an aggregate market price of $30 (that is, 6 Common Shares) for $15 (that is, a 50% discount from the market price).
