Post by
cupricity on Jun 16, 2011 10:47am
Proxy contest specialist
This guy gets involved with disputes.
The questions are? He obviously likes what he saw to buy in at 24.5 cents? This is what F&M would have had to have done to have my vote- ie- buy in then try and take us over- they could have had 40% with ISM and F&M. And the stock price would be in a lot better shape.
Instead Richard goes to this guy (I am guessing) and gets him involved. He thinks- wow- what a value. The same as Randy and the F&M raiders. But instead of trying to upstage RS he just buys in. The honest way to do things! This is a very very good omen if my intuition is telling me the truth.
F&M in their speach say that we are worth 60 cents anyways. That will be after their massive dilution package and big board member perks.
Comment by
lonecrow on Jun 16, 2011 11:42am
He bought in to get a good say in the vote. There also was not enough shares out there so he had to spend more in a hurry. It also was to get the attention of people. Some people will spend 2 cents to get 1 cent, if they know next year they'll make 4.