Matt - I think the SDL is similar because they are buying (scaring)out smaller holders at a cheaper price than takeover cash. In the end they'll have enough bought and warehoused sub-40's to bring their average buying price well below 57c, and as you said screw the sp in the process. They'll be buying back their own shares at 57c and that goes back into their coffers anyway. This type of scam is getting so obvious now our regulators should be totally embarrassed, but they also must have strong regulations to act on and that's where our gov'ts fall way short.
BRM Price at posting:
$2.53 Sentiment: None Disclosure: Held
