RE:RE:Case study: How to steal control of a public companyI think Mithaq has no choice. No one to sell to.
What they should do is go back to the CMT and get the 5 mil. shares issued to Paladin at $2.50 invalidated. Last time (the 10.5 mil. share private placement at $3.10) Aimia tricked the CMT by making them think Aimia needed the money. No such excuse available this time. That issuance was purely a brazen act of entrenchmment and clearly abusive.
After those wrongfully issued shares are reclaimed by Aimia or at least stripped of voting rights, Mithaq buys a few more shares, then calls a special meeting, and that's that.
Otherwise they will have to join the rest of us bagholders and just hope for the best.