OTCQX:SREMF - Post by User
Post by
UBSTAPon Dec 01, 2000 12:29am
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Post# 2917894
Owns More Wi-Lan than Cell-Loc
Owns More Wi-Lan than Cell-LocWhere is MF going to get $20 Million?? He holding this in a bank account? I read in the NP that he's the largest shareholder of Wi-Lan, so I guess he can sell those shares, like he regularly has been doing in chunks of 10,000 to 12,000 a month. Conversely, HZ of Wi-Lan has a few Cell-Loc shares he can unload too. It is a strange brew I am at a loss to explain. Why not own the most shares in the company you run, unless you are planning some trickery. Finally, the mere fact that MF is willing to put up $20 Million, while by no means a negative IMO, is also no guarantee of us puny shareholders coming out on top. Great tech, but some financing concerns. I call it a HOLD at best.