RE: RE: RE: Now . .. No answer j_mart
- I read the whole NR as released today by WND and I have to say that I am stunned because it does not make any sense whatsoever.
- Some Posters have raised valid questions about the break up fee. Why has no other party come forward yet if the management is okay to use the break up fee clause for a new bidder. This can definitley take away the "chilling effect" that Jeff alluded to in a previous NR.
- Also, Jeff's explanation on him getting the change of control bonus defies logic. He says that he got paid because he suspected that once BEP got control, it would have been difficult to get him the bonus. I am shocked to read this. This is obviously an executive who is out to look for his own interest above those of the shareholders.
- Why is Jeff putting in so much effort to justify his personal position against a blogger who wrote something about him and then post it on WND's NR. I also read what e-mail he had sent to this blogger, and I guess he cannot undo the harm he has done to his rapport.
- In Summary, I still believe that the management has failed to provide and alternative to BEP's offer and the shareholders are exposed to high risk if the BEP bid fails. I think the management knows this and I see a brief mention of this in today's NR where they have stated that they are uncertain about how the share price might act in the short term if the bid fails. I have seen this type of language in some NRs from other companies and generally it is a sign that the share price is poised for a big fall if certain events occur. I have tendered my shares and I think it is the right move for retail shareholders. Always remember, you can always invest if you have the capital. Prfeserving your capital is the most important thing when investing successfully.