Bullboard - Stock Discussion Forum Redline Communications Group Inc RDLCF

Technology Communication Equipment

Redline Communications designs and manufactures powerful wide-area wireless networks for mission-critical applications in challenging locations. Redline networks are used by Oil & Gas companies onshore and offshore, Mining companies on surface and underground operations, by municipalities to remotely monitor infrastructure, and by specialized telecom service providers to deliver premium... see more

Add To Watchlist

OTCPK:RDLCF - Post Discussion

Redline Communications Group Inc > Call the Cops robbery in progress

View:

Post by mlmack on Apr 13, 2022 7:34pm

Call the Cops robbery in progress

Aviant trying to steal our company at $0.90. 1* TTM revenue works out to $1.39/share, with revenue and backlog growing. What low ball bid.

225

Comment

Comment by Possibleidiot01 on Apr 14, 2022 7:31am

under which Aviat will acquire all outstanding shares of Redline for CAD$0.90 per common share (approximately USD$0.71 per share), in an all-cash transaction (the "Transaction") valued at approximately CAD $16.2 million (approximately USD$12.9 million ). Using the company's cash -$10.1 million and inventory - $4 million. There's a pattern here ...more

113

Comment

Redline Communications Group Inc