Caussa Capital (formerly Antares) T.CAU 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.

Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald F. DeKold who wrote (3577)	6/23/1998 12:11:00 PM
From: Lamont	Read Replies (1) of 4718

Don let me know if you agree with this little scenario. No news until after the AGM. Management issues themselves 2 Million + cheap options after the shareholders approve the resolution(bringing the fully diluted share balance to an even 40 Million). They then release all the news they have been sitting on for the last 3 months and run a big promo in hopes of running the price. As a result, they pocket themselves a few extra million dollars as a result of the options. In the meantime, shareholders like you and I who have been supporting this stock for the last year and a half get rewarded by further dilution. Sorry Don. I do not agree with you on this point. I thought about the exact scenario you mentioned. If it comes to a vote on a buy out by a major, I am sure management has a lot of shares in their control and if the offer on a takeover bid is good enough, then we sell out. I see these options as a greed grab by management and a shaft for the current shareholders.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next