RE: Hey PEPPERCORN
Yeah it's an offer. Only a moron would conclude that it is nothing.
You don't go around calling people and telling em --- we want to buy all your shares --- for nothing.
There was a price given,
Management was not happy about it. Otherwise, they would hace accepted.
Strategic review was to buy time to get second offer.
Also, should there be none other or a better price from buyer.
Management would be protected from lawsuit from shareholder since they were diligent in max. share value.
Stock should be trading at 0,60 to 1$, imo to reflect offer and to price in scientific value.
This level is ridiculously too low.
At some point, savvy investors are going to notice this and start buying.,