OTCPK:MAUXF - Post by User
Comment by
radcaton Jun 05, 2015 7:24am
232 Views
Post# 23799772
RE:someone asked what would happen if MW buyout falls apart?
RE:someone asked what would happen if MW buyout falls apart?If the deal falls apart or 66 2/3% of shareholders VOTE NO, The sp would probably fall but to what degree nobody knows. That being said, I presume Midwestern has been accumulating shares over the past few months since the share price trades much lower than 80 cents. MW will be suseptible to a lo$$ on their shares should the deal not get done and Marts stock takes a tumble. If Mart's "ability to continue operations" occurs, our assets would then become the property of the Bank and not Midwestern. No doubt the bank would sell those assets to the highest bidder and not necessarily hand them over to Midwestern. The "continue operations" statement by our wonderful BOD is nothing more than to scare Mart's weak shareholders into submission. And from what I have read on Stockhouse and the IV boards there are plenty of weak shareholders who are ripe for the picking. VOTE NO!!