Ann: Cardia announces proposed merger with Stellar Films Group, page-23

Mackattack

You keep coming up with the same arguments and keep shooting yourself in the foot. We are all for a consolidations ONCE we have the runs on the board.
What you propose is the cart before the horse. Lets consolidate, CNN will get profitable. You have no knowledge that this will happen. If it doesn't happen, the price will drop again to current levels, hence as we keep telling you, destroying 90% of our wealth.
It happens all the time, you know this, but you keep harping on about it.
Get profitable, prove that we are not pump and dump, and then we are more than happy to consolidate. Or are you saying that the number of shares on issue is preventing CNN from becoming profitable? That appears to be your bottom line.

Make profits, start paying dividends and the share price will take of itself. Mucking around with the share registry is only a waste of money.

Pear