RE: Choices?? The only way or alternative way is to find another company that might be also interested in acquiring TLN. In the agreement there is a clause or provision saying that TLN can not solicitate prices from another comapany. Why? This is fishy all along. Why there is only one price from one bidder. It seems that TLN has got to sell to Bellus alone. That is why their price is so low and not justify to the real value of TLN. If I am the only buyer, even the company has 7 million dollars cash in the safe I would pay only 5 million to get the 7 millions. How can I lose?
There are other assets and goodies too. Perhaps I would pay a few dollars to those crooked management people to accept the deal. Are we shareholders suckers or what. I am sure there is dealing behind our backs
to benifit those people involved except shareholders. If we vote no. There would not be any deal and that might lead them to think twice and increase the deal. Why are you guys afraid of. It is to our advantage to liquidate the company. This way no bonnes, no options no compensation of any kind to those management people. We still end up with more than 20 c plus other tangible assets. To me seeking another buyer is the best option for shareholders. To all those chairman, ceo, and directors they don't bother to do that because that will diminish their takes.