Blank Check IPOs (SPACS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Blank Check IPOs (SPACS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Saul Feinberg Jr. who wrote (1188)	9/13/2007 10:00:41 AM
From: jrhana	Read Replies (1) of 3862

One might want to consider a small speculative purchase of ESA warrants (ESAWS). <AMY SCOTT: Marshall Reynolds wants to buy a company. Maybe something in the energy services field . . . or maybe another industry. He's not sure. Apparently that doesn't matter. His reputation as a printing and banking tycoon is enough. In the last three months he says investors have ponied up between $50 million and $60 million. MARSHALL REYNOLDS: An awful lot of investors have made a lot of money in projects that I've been involved in.> marketplace.publicradio.org The hope is that ESA will come out with a news release in the near future-a news release with SEC audits showing a new and very profitable going concern. Perhaps a joining of small profitable companies into one company with a profitable niche market amoung the middle Atlantic states. <Management believes that it will be able to generate deal flow from internal sources primarily resulting from personal contacts and relationships that officers and directors have developed and maintain in the private equity and mergers and acquisition industry, as well as through relationships they have developed and maintain with various professionals.> amex.com As the readers of this thread are well aware, the purchase of any SPAC warrant is extremely risky as they can always go to zero. I believe that your odds with ESA warrants are much better than your odds would be at a roulette table. ESA has a forced exercise provision with their warrants. If the stock trades above $8.50 for 20 out of 30 trading days, then the warrant holders will have 30 days to exercise at $5. Marshall Reynolds already has plans for the money (rumor has it). Nothing ventured, nothing gained.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next