Nexoptic Technology Corp V.NXO

just a thought

[Damn1212]

Maybe the board and potential buyers are Beating this down to get a cheap buyout offer. 

I never thought we would see 17 cents again but now its looking like a certainty. 

I wouldn't be surprised now that some big company comes in with a buyout offer @ 35 cents per share and we all get scrxxwed .... 

The board will get big $$$$ , the company will get to aquire NXO for pennies and we will get nothing. 

FML ...

[5rockies]

Are you saying that if the buyout offer is for 35 cents all people who bought at $3.50-3.75 will be screwed up? And no one will ask if they agree or not?

[Damn1212]

@ rockies  The board is asked to approve the transaction and they approve the low price ( 35 cents for example)  This usually happens because the buyer offers the board big $$$$ salary on the board and shares in the buying company as incentive.  So the board gets big $$$$ and the shareholders get scrxwed ....  Yup thats the scenario this is looking like 

[WED1955]

For sure  This is what I'm thinking call it a gut feeling (of course it could be indigestion)but I'm thinking  this is a strong likelihood ...hopefully we get a little more? If someone sweeps in and gets it too cheap might attract litigation best for them to sweeten the pot a little, just enough to deflect unwanted attention  Fingers crossed Of course I could be completely