The price they could offer is scary to me because
Post# of 155662
(Total Views: 560)
Posted On: 08/31/2021 9:03:00 PM
Re: chazzledazzle #102033
The price they could offer is scary to me because I don't know what poison pills CYDY has in place that protect us ...I have seen in the past that without proper protective measures that we could be diluted and forced to take whatever the private buyout offer is at that point....thats what is scary .....when I postulate this scenario on many different social media boards with different handles ....I get no response from the 13D's...a couple "thugs" on reddit say that they are all about shareholder value but then I ask them about are they talking about public current shareholders , or shareholders that are part of their group and they go silent ....why is that ???
They can tell us whatever they want... and I see people who are frustrated where we have been for the last 5 years jumping at what I think is an empty pinata
....it may be good for us to know at what % of outstanding shares can they own it ????
51% ???? 66% ????
What is the protective measures the company has in bylaws ...does anyone know ???? I don't, but I am very interested in disproving my theory....
once I heard the 350mil IcrapDX idea ...that scared me into the ICAHN mold of how these guys , like RosenBomb and his buddies we don't know could get it done ....
350 mil of dilution would be what Tony C did before and would mean our share price would be 50 to 60 % of what it is right now ....
Not interested in any of that
I'm praying every night for cydy to bring in a real catalyst or more between now and end of October...then this all will be irrelevant..
I know how private banking works and for us ...we could get screwed big time...and there won't be a negotiation...it will be take it or leave it ...at that point I'd rather see us sell to a strategic partner before we let carpetbaggets own it
Maybe one of the lawyers on the board can help us with what it would take for them to take it away ...and how hard or easy could be and or does CYDY have any protective measures ?
They can tell us whatever they want... and I see people who are frustrated where we have been for the last 5 years jumping at what I think is an empty pinata
....it may be good for us to know at what % of outstanding shares can they own it ????
51% ???? 66% ????
What is the protective measures the company has in bylaws ...does anyone know ???? I don't, but I am very interested in disproving my theory....
once I heard the 350mil IcrapDX idea ...that scared me into the ICAHN mold of how these guys , like RosenBomb and his buddies we don't know could get it done ....
350 mil of dilution would be what Tony C did before and would mean our share price would be 50 to 60 % of what it is right now ....
Not interested in any of that
I'm praying every night for cydy to bring in a real catalyst or more between now and end of October...then this all will be irrelevant..
I know how private banking works and for us ...we could get screwed big time...and there won't be a negotiation...it will be take it or leave it ...at that point I'd rather see us sell to a strategic partner before we let carpetbaggets own it
Maybe one of the lawyers on the board can help us with what it would take for them to take it away ...and how hard or easy could be and or does CYDY have any protective measures ?
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