SI
SI
discoversearch

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.
Non-Tech : National Affiliated (NAAC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Xavier who wrote (55)11/13/1997 5:11:00 PM
From: Xavier  Read Replies (1) of 88
 
Ok: So I'll answer my own question. After having talked with the company, I think that this may be a good buying opportunity, but don't take my word for it.

There should be a press release tomorrow that may or may not help the stock. If the press release comes out, my faith in the company will be supported, if not, I will seriously think of getting out on the next up turn.

There has been a delay w/ the Conestoga aquisition due to lawsuits, but according to NAAC, this delay should not inhibit them from gaining the stock to the aforementioned company. It is in the best interest of Conestoga for the NAAC price to be as low as possible so that the conversion price will be in their favor.

In other words, if NAAC owes Conestoga 10 million dollars in stock, then they would get more shares if the price is lower. That is MY take on what the company told me. Please take it with a grain of salt or the whole salt shaker if you are extremely conservative.

Good Luck to All
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News