GREY:IPRSF - Post by User
Comment by
copperboyson Sep 02, 2016 4:26pm
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Post# 25204277
RE:RE:RE:RE:Lanthier hints they are for sale
RE:RE:RE:RE:Lanthier hints they are for saleOthers must agree. Someone is chipping away at this thing. A few hundred thousand here and a few hundred thousand there. They are slowly accumulating. Something is cooking. Third eye has given Lanthier lots of room to move via its waiver on the debt obligations. They want to make money on their coupon and their equity options. If there is no m and a activity, Lanthier just set himself and the board up for a juicy negligence suit regarding the inducement of shareholders to buy on the basis of a representation that is clearly material by intimating the company is primed for some type of m and a activity. If it turns out that there was no real and tangible action then shareholders will be compensated for their losses. The company waiver re forward looking statements means nothing since it only inoculates as against breach of contract issues. It provides no shield to allegations of negligence.