Marc:
Most of that scenario has been postulated before. It may be feasible, but must be done with the utmost secrecy between the bank & PTSC..I would expect to see an``Interest Expense``, line in the upcoming quarterly financials or a line of credit revealed with a debit entry, hopefully used for just such a scenario. I estimate 10-15M tops are purchased. Remember, it may be posible for PTSC to just purchase the shares from Swartz and avoid the commission.lol.
``Higher price treasury shares can be used by company for puchase of company thereby giving more leverage than a cash purchase.``>>Please explain, what would be the value of the treasury shares?
Hey, My Tigers are rolling. Best team in baseball..and what a story!! The nightmare is over. Couple of years ago they lost 119. Would be great to see a Rematch of the 1984 Series, eh??
Best Wishes,
Virt