Remember, they converted debt at post consolidation Sp of $3-30. No one knew why it was trading at that price when valuation was well below that.
If they tried to buy out minority holders they would probably expect some backlash and may require a court ruling, in which case perhaps the price they converted at (coupled with lower valuation) may provide some legal argument for any offer they make?? (ie - they are actually being nice to shareholders!)
Don't know and perhaps they aren't even looking at that, just thinking out loud............
SGH
Price at posting:
$4.00 Sentiment: None Disclosure: Not Held
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