Quote:
Originally posted by indycool
There are actually two issues here:
1. Delisting from the NYSE mans the stock goes off the Big Board and into the OTC ranks. CART, at this point, probably will enjoy this because it kinda takes 'em off the radar screen a touch and OWRS won't care anyway.
2. Briefly this morning, the SEC suspended trading in MPH. It's been rejoined an currently is at $.57 on volume of 96,200 shares. It isn't yet clear why the SEC suspended trading but it was for a brief period.
3. It changes nothing in relationship to the buyout and the procedures to effect the buyout. If anything, it tends to spook the shareholders into really, really believing that the company's going down the drain and the buyout is the only way to regain a few bucks.
4. Vannini still lurks.
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2 issues here and you name 4 points ? Ever considered a gig in attendance counting ?
So seriously, when is this Vannini going to show up, what's the most appropriate window for him to take any possible legal action ? If he takes legal action and fails does that leave him open to a counter suit for screwing up the potential buyout ? I'm interested. It's just that I thought he would have had enough material by now to have a launch at something. That's only if he's going to, nothing solid so far.