RE: RE: News If I am reading the release correctly they are telling us that as of today they do not have anywhere near what they need including all parties acting with them... they state as much right in the release.
'The Offeror, together with all persons acting jointly or in concert with it, owns 14,216,500 Shares in the aggregate, representing approximately 6.34% of the outstanding Shares.'
You think after all the lawsuits they just went through and lost that they would fabricate some numbers? I highly doubt it. I suspect those include managements shares and warrants, well they didn't have that much invested anyway. Even if William Lupien who stands at around 28MM shares puts his in that would still leave them short for about another 70MM. If they get it and this deal goes through, well as shareholders (or rather sharesellers), y'all can't blame anyone else for your shortsightedness.
JJ will be busting a gut all the way to the bank and you can take your pennies and go invest elsewhere, never know the next one might be the home run you're looking for.
From what I can tell, looks like this will go over the .39 next week as they continue to buy up whatever shareholders will sell them, as it also looks to me like Kingsdale is drawing blanks, and a bunch of emphatic NO's.
Next week should be interesting...
M