Cayden Resources Inc CDKNF

voting docs

[SevenFigures]

are out for the oct 27th. for shareholders of record as of 9-19-14. it got me to thinking, what stops someone from holding all their shares through the 19th, then selling a lot of them, or all of them, and then voting no on oct 27th. I presume the price would drop (at least temporarily) if theres a no vote...then buy back in say the 2.25 range. the thinking being that the reason the original quick run to the 3's was due to the deal being worked this summer.

[Scott6500shares]

SevenFigures, why don't you email that question to Cayden Investor relations and report back. On another topic, I think that date has passed for a white knight to come in with a bid. Anyone short the stock market? For me it's taking some of the sting out of CYD debacle. Eventually the stock market will break the lows of 2008 (approx. 2 years time or less)

[goldpolka]

Good point. The real question is how many shareholders are actually going to vote. Are there any big shareholders who might sit on the sidelines / vote against this ? Will another bidder emerge ? Should be an interesting October for CYD! GLTA

[Scott6500shares]

Like I said before I think the time allowed for another bidder has passed according to Investor Relations at Cayden

[TruthMachine1]

Scott, there is absolutely nothing that can stop another company from putting in a bid. You and I could walk into Caydens offices and submit a bid to take over the company.  It would simply be a competing bid.  No one needs permission to enter the market place and submit a takeover bid be it friendly or hostile. Some one at Cayden was feeding you a line of BS. Now mind you, Cayden

[Scott6500shares]

yes, but at some point the deal becomes binding. At prices these low I may vote NO