GREY:TBTEF - Post by User
Comment by
TheMustangKidon Aug 06, 2016 12:47am
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Post# 25116213
RE:RE:So I Voted No...
RE:RE:So I Voted No...I too voted No
I also found it odd that they did not want to release the Q2 results. If they are in as bad a shape as they claim then the Q2 results should back that claim and only incentivise more people to vote for the agreement. However by not releasing them I belive it forces more people to vote against.
I realize that as a shareholder there is a very good chance that I will end up losing everything. However that being said I have been on the other side of the fence so to speak, and been through some negotiations in my life and have seen first hand some of the managment tactics and back door deals that are done behind closed doors. Having experienced this I have learned that you can't trust anything anyone tells you even if you think they are on your side.
I have decided to ride this out untill all the cards are on the table. My gut told me that there was going to be a deal made when they were doing the daily extensions and it was right. It was a bad deal but nonetheless my gut was right. Now my gut is telling me to call their bluff. If I lose, I lose, I don't care but I want to see their hand.
I also want to support the debholders as well, as they are really getting screwed as far as I'm concerned. I would rather see a deal made where they recieve full payment, or if they approve recieve shares in exchange for their debs and have the company continue on even if it means my shares get diluted. At least the company would live to fight another day and possibly make a return to profitability and growth.
Good luck To all who have chosen to go all in and call the hand!