in skimming the other board it appears the most nefarious of characters is now a defender of the asset and less concerned about enemy number 1 ... management .... he changes his position more often then my brother changes his underwear. what a joke ... then you got the retards who say it isn't worth much because it was .20 .... I suppose Nortel was really worth 120 before the tech meltdown and the market has it wrong now ... or right now ... same can be said for the US banks .... the market is as clueless as individuals are esp the paid bashers and burger flippers occupying so much space on the other bb.
anyways ... it behooves our team to accept a deal given the market has another 50% (minimum) to drop from current levels ... with the scarcity of liquidity the best offer(s) will likely be shares ... dilution is an easier sell than raising cash these days ... it also suits our needs since it can reduce the potential of immediate capital gains .... Shareholder's of the co's with winning bids will be sold on how great the bargain is compared to last years auction and how their decision to hold off in acquiring more last years has proven to be well justified.
Although I do not expect any backdooring in this sale ... private UBS does not have deep enough pockets and or finance raising capabilities to make owning worthwhile .... we will alll carefully look at the deal done and I'm sure that I am amongst others who will ensure fiduciary responsibility is performed for all of the shareholders.
We will probably know next week .... interestingly a friend staying at the other end of the beach noticed a rainbow ended right on top of the hotel in which I am staying .... he told me this happened this morning and said it looks like a pot of gold is coming your way.
I like the premonition
GLTA
orgy