BuyoutIt will be interesting to see if Andrew and whoever else is involved with this Take-Over Bid will stay with this proposal in light of the negative response or will they restructure it and come back with a conventional Buyout ?
Many questions arise if we see an actual buyout proposal:
1. How many shares would have to be bought out ? How many existing shareholders would be part of the new company and as such would not be bought out ? My guess is that at least 20,000,000 would have to be bought out.
2. What would be the buyout price ? We all would like to see RPINVESTOR1's and Bluemoon20's price of $2.00+ but realistically that would be for example 20,000,000 x $2.00 = $40,000,000. Does this group have the capability of raising that kind of money ?
I will ask the question of all of you: what is your buyout price ?