RE:RE:Argeements. . .hi edmund, i don't have all the definitive answers but.. here goes.
you wrote - "the very likely intent of the majority shareholders" group, is to make the minority....disapear."
that "could" be true is the majority is predatory. that may/ may not be the case here.
also, as i have said "ad naseum", tim daniels & wife, have a long history of dealing w/ the serbians.
this is an ASSET! probably our 2nd most valuable one aside from piskanja.
1-the question here, jmo, is, will this asset be used to advance value of us stockholders or personal advancement?
so far it's with stockholders.
2- another question - is the jv predatory? until we learn who they are, we cannot know their standard modus operandi. after we learn their true name, we can research their history. till then, it's speculation.
3- how does the poison pill affect a jv buying more stock? - i don't know. anyone else?
4- if they truly want the minority to disapear, do they do it when we have 49%, or years later, when they buy in more and we only have 25%? in either scenario they would either buy out erin complete or chip away and buy shares on the open market.
not sure if this gives you any answers but these questions are relavent to your concern.
p.s - jmo
p.s.s - calabrese says it best, time for a new direction, wherever it leads us.