OTCPK:HBAYF - Post by User
Post by
Bookendson Nov 27, 2019 10:34am
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Post# 30397817
Can they both vote down their offer?
Can they both vote down their offer?Meaning, can Baker vote down a potential offer from Catalyst and vice versa?
In which case we can be on standstill and the stock might still plummet... Assuming both parties are too stubborn to concede.
Do you guys think the parties could work with one another? Catalyst seems opened to working with other shareholders, possibly Baker himself.
Maybe a shotgun clause offer would be something to get them out of that jam.
In any case, Catalyst's offer is technically an hostile one. Watch the board say that the 10.3$ offer is more beneficial to the minority shareholders than the 11$ offer. They will blame the financing uncertainty. Lol, that board is just pathetic.