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Bullboard - Stock Discussion Forum Espial Group Inc ESPAF

"Espial Group Inc is engaged in the development and marketing of software solutions. It provides software solutions that enable video service providers, including cable multiple-system, telecommunications, satellite, and other network operators to deploy next-generation video services for various screens. It offers Espial G4, Espial Media Service Platform, Espial Elevate, and Espial TV Browser.... see more

GREY:ESPAF - Post Discussion

Espial Group Inc > Looks like management through us under the bus
View:
Post by barneyj44 on Mar 25, 2019 8:04am

Looks like management through us under the bus

And sold us to Enghouse for a low ball offer, never did trust our management team.
Comment by James44 on Mar 25, 2019 8:31am
Well,  that was a painful 2 years.  I agree, Barney, we should have got more per share.  At least I can move on now.  I’m sure you have many companies on your radar, but I thought I would share my favourite photo inspect for my newly released funds: Fire and Flower (FAF).  They did a private fund raising a few months ago and big money investors bought in at 1.50.  It ...more  
Comment by barneyj44 on Mar 25, 2019 8:38am
I may hold this dog for a while yet, they only have 33% of the vote as management holds only 3%, heck there paying $56 million to buy our company and they pick up $30 million we have in cash, hopefully the deal isn’t a done deal.
Comment by Mastermind28 on Mar 25, 2019 10:04am
WOW...what a dumb deal. Seriously 1.57$ offer...this is a joke. I hope a better offer comes from a different company. 
Comment by barneyj44 on Mar 25, 2019 10:59am
Where’s managements fiduciary duty, guess this is why they hold so little shares.
Comment by tannin on Mar 25, 2019 3:01pm
a 'no' vote from me.......
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