GREY:RGVNF - Post by User
Comment by
dogoneon May 08, 2008 2:14pm
443 Views
Post# 15052440
RE: Who & Why? explained
RE: Who & Why? explainedFirst, don't expect the $$ to be split amongst the shareholders. Expect the funds to stay in the Treasury and be spent on a funding acquisition of a viable asset, hopefully one that has revenue. The EUGS shares could be sold or even given in the transaction. Lets say EUGS goes to a dollar, nice capital to be used in acquisition, or how about 2 dollars; even nicer.
The worst case is it would stay in the treasury and be pilfered by current management (this was someone else's hypothesis) but at least worth putting out in the open. I don't see this as Haywood has too many shares to allow this.
What we have here is a 'clean' company (sort of) and a large shareholder that is friendly with management, looking for a viable asset to put in the company and then push/run the stock to enhance their pockets.
Not much on the boards, but a lot goes on in private emails, is where I get my information. So I share it.
Just my and a few others opinions of course.