1) I think you summed it up very well JRD
2) EMC was in difficulties and probably worthless
3) Nevertheless if you or I can see that EMC was in Operational & Financial difficulties how did CCE not see that if they did their due diligence and furthermore how did they arrive at their decision to pay top dollar for them ?
4) I would hazard to guess that CCE Management are not "stupid"
5) Another question is --- who ended up with the $14 mil sale proceeds for EMC ?
6) To get some answers an investigation of the money trail is a must. SH need to know who benefited from the $14 mil in view of the fact that SH suffered a $10 mil loss on top of a falling SP
7) Lots of things that do not add up !
7)
CCE Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held
