The Coming Buyout of PalisadesPalisades only tangible assets are 43.5 million NFG shares.
CK owns 13.5 million Pali shares and Parker combo owns about 6.5 million .
Sedi shows no other signifucant holders.
Parker has benefited substantially from the depressed NFG share price enabling him to acquire shares at an average price just below $1.90.
Any signifucant other investor/ Venture capital agency seeking to buy control of NFG could find no better NFG package than that held by Palisades.
All this is needed is other minority support....which should be forthcoming given that most holders are currently underwater.
Mount Sylvestor smoke signals are saying that a major shakeup may be on the horizon.
Semaphore flags and mirror signals convey the same message.
It May not be a feint..