OTCPK:EUCTF - Post by User
Post by
Joseph_Kon Nov 25, 2015 2:09pm
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Post# 24325033
Counter point
Counter pointI'd have to disagree with anyone who thinks this price is justified for any reason.
At .135 you have a $12 million market cap. However, as the headline stated, you have an offer to be voted on in three weeks for:
$16 Million Cash on Closing and $9 Million Minimum Cash Earn-Out Over Six Years
Which longs in their right minds would vote against this deal?
The share price is only down because someone is trying to manipulate it lower to shake weak hands before the vote. At least this is how it looks to me.