Clines Time Has ComeClines time has come.
Often a business or a company or represents a mans hard work, over many years.
For a multitude of reasons; it may not be possible, to bring the liquidity to the hard work that has been invested for many decades. The list of reasons is endless, crash of 87, first and second gulf wars, Asian money crises, Long Term Capital Management, Tech Bubble burst, 9/11, the list never ends.
As in chess, all moves get you to the end game.
In the end, all owners and managers have to move to the final end game; they must do what ever is required, to bring market value, to the assets of their invested hard work.
Cline has reached the above pivotal point.
Management is going to bring market value to all of Cline assets, all at one time. Cline assets are worth hundreds of millions of dollars to the right owner.
At 70 cents Cline gross Mcap is $54 million, less $8 million cash in the bank,
= Net Mcap $46 million.
$46 million is well below the fair value of Clines assets to the right owner.
In the very near future, shareholders will find out who the right owner his.
MP