Popiye
Anything is possible, they could walk away, but I give that about a 5% chance of that happening, Jack Arnold and the WOTD people have worked hard and negotiated this deal for over 5 months now, From what I can gather WOTD has several mergers, waiting for the transition.
To be honest there is no need to kill the deal, I dont think the CVIA shareholders are being unreasonable, to ask for a fair shake, and a chance to make a profit on this deal too. We worked well with Mr Arnold, I like him personally and think he has given us 100% but like I said this isnt a popularity contest, its an investment and its business.
If WOTD can't understand this aspect, or does'nt try to reward or help its future shareholders make money... then who really needs them? They pull a threat like this, let them walk away, we will just wave bye bye to them and let Mr Arnold get back with one of the other companies that wanted to merge with CVIA. THERES THE REAL RISK FACTOR, not a 300 to 1 reverse split that is going to finacially kill the present investors.
Never the less I think WOTD will find if they decide to make things right it is in everyones best interests, not just a one sided proposition, but a win / win situation for everyone.
The long time shareholders have taken a beating on this last summer, in Jan and maybe now... thats enough in my books.
Speaking of books I'll check out the Digital Economy.. it sounds pretty interesting.
KAA |
