RE:RE:RE:RE:RE:What bothers meI did not see any poision pill in place.
Management needs to wake up to this possibility. It is like someone holding a diamond or a bar of gold and not knowing what they hold.
There are many possible suitors:
(a) TAAT would have interest in buying out Poda as they just entered Heat and Not Burn market
(b) Landeywck could buy Poda as it becomes one of their lines of products
(c) British American Tobacco could take a run at Poda as they compete with Philipp Morris
(d) Philipp Morris could buy out Poda to alleviate issues with patents and license that got them out of US market
(e) Eson could take a run at them and use it for their 250 million stick distribution per month
(f) Armistice Capital can buy them out and, then sell the entreprise at a higher price.
Poda is like a sitting duck at this moment, such an easy pick for a hostile buyer and it is cheap is terms of valuations, trading at less than cash value.
Why a poision is not in effect. I can only surmise that Ryan needs a better corporate legal lawyer who is more awake to these possibilities.
Personally I like the aggressive nature of TAAT management in wanting to succeed. They are making their mark. Perhaps a partnership with them and then have the management of TAAT run the company. I find that Ryan is too soft, too low profile. You need someone who is out there aggressively. You want to make your mark.
My personal opinion,