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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Comment by gibbonsjon Jun 09, 2016 11:55pm
237 Views
Post# 24953385

RE:RE:Minority shareholder are at risk

RE:RE:Minority shareholder are at riskIt could work in our favour. With the public float being so small and getting smaller everyday it's possible that NLN could go private and only have to take out <5M shares. If management are good to us they could pay one a heck of a premium. For fun say $5/share. So fo $25M they get the whole company without dispute. OR they could pay no premium (Delaware rules) and we get whatever we've be trading at for the month. I say 5M shares because I think the 62M shares held by Parallax are actually insider not institutional so I assume they would be part of the insider group. This leaves only 20k intsitutional shares to purchase.
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