Just Saying Did it ever cross anyone's mind, including Doug's that this unsolicited offer could be nefarious?
WHAT WE KNOW;
-foreign actors make unsolicited offer of $1.00
-stock purchase offer has a huge and unheard of premium
-stock shoots up to offer price
-closing of offer gets delayed several times dragging out the timeline.
-uncertainty starts bringing share price down
-timeline keeps getting extended with a December 01 deadline
-stock corrects ~33% from high
-if deal fails stock could correct substantially
WHAT WE DONT KNOW;
-who is behind the offer
-from what country are the ppl making the offer (within the reach & jurisdiction of our regulators)
-are these ppl profiting of GSI stock, since they are solely controlling the price action.
-could they have gone long before making the unsolicited offer
-could they have shorted the stock, when they delayed
-could they be the short assassins when the deal ultimately fails on December 01.
-are they completely free of any consequence, if they are outside the reach of our legal jurisdiction
-are they taking GSI for a ride
-are they taking GSI investors for a ride.
I think that Doug owes us more information, and should at least disclose who these ppl are and from what country does the offer originate, so we can make an informed decision.
Transparency is the key for us investors, and this deal has been shrouded in secrecy.
IMO, this whole thing is starting to reek and I smell a rat.