RE:You don't have to fabricate conspiracies
HWJ wrote "if introduced with enthusiasm by the COB and enacted at the Annual Meeting (when is it again? I gave the details earlier), it sends a strong signal from the "new" owner of acknowledgement of and respect for retail shareholders and deflects warriness about any hidden agenda he may have." No it doesn't send any message about Renaud and as I posted before this company is in zero danger of outside hostile takeover. Although the rest of what you wrote is correct especially that the investment has moved into a faith in an insider who is putting his money in the company. That is all an investor needs to know that an insider has done the dd for us and likes it at $.06. """""""""""""""""""""""Besides if Renaud was going to take over the company in a slow creep series of stages he sure wouldn't be acquiring shares at a premium to market over the years. He once again generously tried to overprice it in the fall then again in winter but got no support so said it is time to stop pricing this investment above market and let everyone in on the rights financing.""""""""""""""""""""""I think pokerchump is some kind of troll who gets his jollies posting that Renaud is taking over the company private to see how many suckers join in the conversation and I see he said it enough that even HWJ has switched and got frightened and asked for a poison pill. HWJ said weeks ago that Renaud wont take it private but now is worried. Pokerchump is like Donald Trump who says Obama is Muslim enough times that some people think it is true.