Ann: Becoming a substantial holder, page-3

Of course he knows what he is doing.

Bulk 21 mill at .084 bid at .092 = 10% ( yeah only a couple of hundred grand and take off a bit if he has paid for neilson numbers as his backup plan) gain in a few weeks assuming they have cash. I bet he is dreading getting paid in other stock if too many people accept.

Next if he doesn't sell into offer he has greater than 10% blocking stake and can greenmail em. Comeon' Geoff put yourself up as a director now and put a cat among the pigeons!!!! Simply he has options especially if sales are holding up whichever way it goes.


Be very interesting if he puts in a letter of support for current management and if he accepts partially to lock part in.

Question you should be asking is - who sold 21 mill