TSXV:MRS.H - Post by User
Post by
SchiffKnowsBeston Sep 18, 2020 1:28pm
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Post# 31582136
How Much Will The Buyout Be For? :)
How Much Will The Buyout Be For? :)I have been invested here since September 2017.
Have you been following the recent events? They tell you all you need to know
-Schwartz has been playing hardball for years while he fended-off lowball offers to take MRS private
-DOD figured Schwartz would eventually run out of money and cave on their buddies offer
-Schwartz continued to pull rabbit after rabbit out of his hat....giving MRS more and more money to continue to wait things out
-The latest rabbit (and final straw) was the Lyft deal. This deal made it abundantly clear to those looking to take MRS private that they needed to up the ante to get MRS
-They then came crawling back to Schwartz and presented him with a much more reasonable offer, with the condition that he resign and agree to support the deal while on the board
-Schwartz then gets a nice parting gift of 400,000 options as well at 15 cents.
-The deal with Lyft is then axed and look for everything to be downplayed going forward. Look at when this came off halt....A Friday! Stalling likely to try and hide it as best as possible. Just hold-off giving the TSXV what they need and they can have it come off halt whenever they want.
-Look at the semantics in the NR today....Minimum and maximum.....I bet my last dollar that the contract ends up much closer to the maximum than the minimum. Of course the purchases has a low estimate....Who do you think they are trying to help????
-Gowns???? Really???? Are they making this look like this is the big contract we were waiting for? Not a chance, the Flex9 (and many others), are what we are waiting for and my bet is that we get taken out before that happens.
-Just a hunch, but I bet Schwartz wouldn't agree to step down for anything less than $.75/share....BUCKLE-UP FOLKS!