Post by
somweyungguy on Sep 16, 2016 1:43pm
Feels like PLI was an intentional choice...
Not only is the valuation absolutley outrageous...
We have the Beech Boys commenting on it as it moves pennies higher.
It doesn't smell...it flat out stinks - IMHO
I think they lost 56M last year and have a market Cap of 1.8 BILLION
A small group of shareholders are gathering this weekend to discuss "next moves": - inbox me if you want an invite.
We'll start by helping the company find the recipe for Ecoli0157 vaccine, the one that Mrs.Claus accidentally put in Rudolph's poop bag.
Comment by
vega509 on Sep 16, 2016 4:44pm
at a firesale price less than 50 cents on the dollar, they did not have to look very hard. the hard part was keeping their golden parachutes, and maybe a sweetener from PLI for themselves. the next hurdle will be getting this past shareholders, hopefully there are enough who will vote it down, but that is a coin toss. this whole episode goes well beyond bad.
Comment by
lorneg on Sep 16, 2016 5:13pm
Why do you think there was several million shares traded recently? Simply ensuring the vote will go toward accepting the takeover. Well duh.
Comment by
PSB on Sep 16, 2016 5:28pm
Yep, couldn't agree more. This will go through. I'll definitely vote against this rediculous insulting offer, but you can be assured it will go through unless there is an improved 11th hour offer from another company. I'm not holding my breath however. Thank you management. Thank you for "creating shareholder value" after all these years. Great job.