The number, whatever it was and I don't know, in f

The number, whatever it was and I don't know, in fact I don't know who made it, was dangerous because it might have been acceptable to the outside directors. Outside directors know that the penny trading shareholders would vote in favor of any offer at a premium to selling price, or threaten to sue, or make themselves available as a disorganized group for a tender offer. Then there is the possibility for the offerer splitting off a director by making a huge offer and position in the new regime to this person to be their eyes and ears inside the tent. The directors know how many of these people there are and how many shares they control. First offers always provide their moments of high exposure.