Post by
greentree001 on Dec 11, 2013 1:54pm
this is what it looks like
they (the brokerage houses) are keeping the price in the sub $0.20 level and accumulating. The reasons behind this 1) to have leverage when the deal goes through to push for a $0.30 special dividend and 2) this would leave approx. $10mil cash with a csv of $0.20 and 3) by keeping the price in the current range they won't trigger the warrants (excluding the special warrants priced @ $0.19). But I could be wrong. My preference is to see this go to $0.50. Whatever the outcome will be ... GLTA