GREY:HRIVF - Post by User
Comment by
1marketmakeron Nov 29, 2012 3:27pm
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Post# 20662271
RE: Nord HRG offer outcome
RE: Nord HRG offer outcome All,
To everyone here, the suggestion from Chris as I understand it is DO NOT SELL ON THE OPEN MARKET. You want to have it properly recorded that you sold to NORD and the number of shares the received from you for the $1.40. This allows you to partake in what I believe will be a FUTURE LAWSUIT for oppression.
By selling, a court may determine you sold out early. By taking the offer - and taking your cash - it could be deemed to be that you were forced into accepting - which is actually the case here.
I will be tender my shares as per Chris's letter. But, I also expect that this is not the last of this.