TSXV:MRS.H - Post by User
Post by
SchiffKnowsBeston Jul 24, 2018 11:02am
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Post# 28358794
JEFF Preventing The Take Under?
JEFF Preventing The Take Under?Wouldn't it be an interesting strategy if Jeff wanted to hold-off the PO so that he could get a game plan in place to prevent a hostile take under? Let me explain.....So Jeff knows the PO will place a huge target on the company's given the current market cap and the size of the PO. So Jeff says, please wait until we have all our ducks in a row before delivering the PO. JEFF then races out to bring in the best board the Venture has ever seen, along with Joe Reid the king of manufacturing. He does this by baiting them with the current PO and potential that is ahead. By doing so he then blows-up the potential for the company and ups expectations on an acceptable buyout. Also, he then lined-up the purchase of a massive manufacturer that he will buy 100% in shares as it is cheaper then subcontracting. He then gets them to sign an agreement for them to vote along with management for the next 5 years. And that ladies and gents is how you prevent a hostile take Under.