Hi MW,
First post from a lurking ex-long hauler.(and relative newbie to this investment business)
You're right, you get somewhere looking out the window, not looking in the mirror. What would be of interest to me is: what are the current things which MIDL offers an incoming firm. Specifically, how many shares of P, W's, and common are available in the treasury to be offered to the incoming firm. To my uninitiated way of thinking, the Preferred shares represent the equity available to the incoming firm, and the warrants represent an ability to raise some cash. (I guess the common is a way to keep score <grin>). Given the loss of shares of P and W due to the legal actions, etc., I've lost count of just what are the "official" numbers of each. Could someone post an update?? (thanks)
Park
ps. All this quibbling concerning who gets what from the trust, who wrote what about whom, whose a "pump and dumper", etc. is starting to get old. It's like trying to get milk from a dead cow; it's damn hard work and hardly worth the effort. The suits and lawyers will be doling out the official blame as it is determined. I'd be more interested in some good old substantive speculation. As an example "What the heck do these possible new companies do?" Are they oil drillers, manufacturers, Bolivian weasel merchants? Is there a preference among the people on this thread?.....Inquiring minds want to know.
P |
