Posted On: 08/10/2014 4:56:34 PM
Post# of 30066
This is the part from the filing that I believe is most relevant, keep in mind what GC has stated of the past 21 days!
We could also use the additional shares of common stock that will become available pursuant to the Common Shares Increase Amendment to oppose a hostile takeover attempt or to delay or prevent changes in control or management of the Company. Although the proposal to increase the authorized common stock has not been prompted by the threat of any hostile takeover attempt (nor is the Board currently aware of any such attempts directed at the Company), nevertheless, shareholders should be aware that the Common Shares Increase Amendment could facilitate future efforts by us to deter or prevent changes in control of the Company, including transactions in which shareholders of the Company might otherwise receive a premium for their shares over then current market prices. However, the Board of Directors has a fiduciary duty to act in the best interests of the Company's shareholders at all times.
Sometimes you have to read between the lines. I would love a spin off but that won't happen for a long time if ever, it just doesn't make any sense this point and time. They don't need the money and with revenue coming shortly to fund operation further Why? Unless you think GC is a liar as some have Insisted? Which is just whining share holders pissed that they are not rich already! Look I'm not trying to get into an argument just offering my opinion. GLTA
We could also use the additional shares of common stock that will become available pursuant to the Common Shares Increase Amendment to oppose a hostile takeover attempt or to delay or prevent changes in control or management of the Company. Although the proposal to increase the authorized common stock has not been prompted by the threat of any hostile takeover attempt (nor is the Board currently aware of any such attempts directed at the Company), nevertheless, shareholders should be aware that the Common Shares Increase Amendment could facilitate future efforts by us to deter or prevent changes in control of the Company, including transactions in which shareholders of the Company might otherwise receive a premium for their shares over then current market prices. However, the Board of Directors has a fiduciary duty to act in the best interests of the Company's shareholders at all times.
Sometimes you have to read between the lines. I would love a spin off but that won't happen for a long time if ever, it just doesn't make any sense this point and time. They don't need the money and with revenue coming shortly to fund operation further Why? Unless you think GC is a liar as some have Insisted? Which is just whining share holders pissed that they are not rich already! Look I'm not trying to get into an argument just offering my opinion. GLTA
(0)
(0)
