Post by
djstone56 on Dec 30, 2019 10:23am
Other Offer
A little surprised that the other Interested Party hasn't come back in with a revised offer. The Board's latest news release seemed to leave the door open for them. It doesn't make sense for them to walk away from or lose out on a potential billion dollar asset for the sake of a few million dollars. Let's hope the Board hasn't upset them to the point where they refuse to deal with them any more...so they don't have to consider offers from anyone but Titan. Or worse...if the IP did resubmit their offer and the Board is sitting on it and letting the clock tick down on the Titan takeover, rather than informing shareholders. Sort of like keeping the details of their Novembet 25th offer under wraps, so shareholders can't assess it. Neither scenario would play out well for the Board with the Exchange and/or Regulators. Here's hoping we get an update this week...djstone
Comment by
rjm316 on Dec 30, 2019 12:52pm
Nothing this BOD does will ever surprise me again. I dont trust them a lick.
Comment by
87flstc on Dec 30, 2019 5:19pm
No other offers are allowed and never have been allowed.Most of the BOD cut their deal with Titan long ago and will not allow even better offers to survive as their self interest comes first.Actions speek louder than words and that's obvious.Court or Regulators are needed but neither are likely.Sad story here.