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Message: Consider this

And it would be unfriendly because RP has also stated many times in the same conversations that EDig is not for sale, will not be for sale, and will not entertain any offers to buy.

Frank, I don't think RP or all of management and the BOD have enough shares to control the buyout issue. Generally it's a matter up to the shareholders.

The most common is a "shareholder rights plan" as follows. Most other tactics end up being detrimental to the bidder and target.

The target company issues rights to existing shareholders to acquire a large number of new securities, usually common stock or preferred stock. The new rights typically allow holders (other than a bidder) to convert the right into a large number of common shares if anyone acquires more than a set amount of the target's stock (typically 20-30%). This dilutes the percentage of the target owned by the bidder, and makes it more expensive to acquire control of the target. This form of poison pill is sometimes called a shareholder rights plan because it provides shareholders (other than the bidder) with rights to buy more stock in the event of a control acquisition.

Next time ask RP to be more specific as his answer, I believe, doesn't take into account a hostile takeover.

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