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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Dusty who wrote (3287)8/9/1998 11:51:00 PM
From: Binder  Read Replies (1) of 7039
 
Dusty,
If I may, it would be interesting to know those details, but while I may be wrong, I suspect it may have had something to do with a better offer.

These guys are "whoever's dog who'll feed em", meaning that I wouldn't put it past either party to dump the other one if a better deal came along. I would be real surprised if there was much loyalty involved here, on either side.

Thats why I am glad they want to close the deal so soon. As we have learned, it takes shareholder approval to finalize an acquisition and/or reverse merger, so I will be disappointed if we do not see a call for a meeting or proxy vote shortly after the 18th. I'm watching and waiting.

:-)
Binder
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