GREY:ABGFF - Post by User
Post by
whiskeyjackon Feb 05, 2013 7:52pm
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Post# 20943344
Majerle, the reason Kirwin options
Majerle, the reason Kirwin options at 39 cents is to replenish corporate coffers. If he buys at market, BZA receives squat.
He is playing out Custer's last stand to salvage his reputation and any equity he might recover if he pulls off the longshot.. He gains on the 5/6 cent options that offset the 39ers. For the first time he is walking the walk and talking the talk, instead of going for market financing that is dead as a doornail.
He believes and is putting his money where his mouth is...or he knows of a buyout offer (doubtful)