GREY:OLEPF - Post by User
Post by
tony1969on Oct 06, 2012 9:23am
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Post# 20456115
As far as OLE's money issues....
As far as OLE's money issues.... TGZ can buy an additional 2 to 3 million shares of OLE at around $.75. This will cause minimal dilution for OLE shareholders. It would give OLE around $2 million and about another 6 months to negotiate. TGZ would benefit as well because when a buyout occurs their now over 20 million shares will be worth more than double their cost. Again all of this may be unrealistic because of the egos on both sides of the fence and the friction between Chet and Lennox King (TGZ board member). However I truly believe that if they can put all of their differences aside and act as one they would be in a much stronger position as far as negotiating a deal. When it comes to money and the fact that this would maximize shareholder value on both sides, you may be surprised at how quickly supposed enemies can become friends.