Posted On: 08/10/2012 11:33:13 AM
Post# of 99138
AGIJ
Late last night we received a call from the company CEO advising us that the preferred shareholder intends to make a hostile takeover of AGIJ. The company intends to make a filing on this event shortly. Obviously to do so the shareholder would need to obtain a 51% control. The Company expects the shareholder to commence his purchase on the open market to reach the 51%. Obviously the higher the share price the more the buyer would have to pay to reach that level. The company CEO intends to thwart such action by doing everything in his power to increase the share price and the company valuation.
Late last night we received a call from the company CEO advising us that the preferred shareholder intends to make a hostile takeover of AGIJ. The company intends to make a filing on this event shortly. Obviously to do so the shareholder would need to obtain a 51% control. The Company expects the shareholder to commence his purchase on the open market to reach the 51%. Obviously the higher the share price the more the buyer would have to pay to reach that level. The company CEO intends to thwart such action by doing everything in his power to increase the share price and the company valuation.
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