If you are a holder of ZULU shares are you hedging with ESVS?
I'm a shareholder of neither at the moment. There's too little information mixed with too much rumour at the moment. There usually is little information to go on with pennies, but until ESVS and ZULU sort what they're doing with each other, I may sit on the sidelines.
(Truth be told, I'm spending all my cash on new toys for our new house - washer, dryer, BBQ, baddest weed-eater the store had - after all, we're not to let the testosterone show here...)
...where, in the history of OTC-BB where a NASDAQ merged with a BB and did a 20-1 or 10-1 ?
I don't have any specific examples, but I'm sure there are some instances where a small firm was bought with a larger firms stock. It might be interesting to look at some of Microsoft or IBM's past deals, I'm sure they've bought companies with stock in the $5-$10 range. With their stocks in the $100+ area, you'd be looking at similar ratios.
Despite all the talk about how to value companies, the truth of the matter is that if you control the stock, you can control the company. That looks to be the case here too. While shareholders may feel the company to be worth more (what shareholder wouldn't), the general market doesn't value the company at the same level, so someone buying it might get a bargain. Seeing as we're in an information vacuum here though, it would be difficult to know.
BF |
