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Strategies & Market Trends : LFWK - Loftwerks Inc. -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (31)2/6/2006 4:28:26 PM
From: rrufff  Read Replies (1) | Respond to of 363
 
Agreed - the magic words "r/s and dilution" were used to get rid of the flippers. They are adding value, merging into a larger and more viable entity. This is unusual. If it were just a dilution, dump and r/s scam, they'd have just done it rather than announced a deal in advance.

I spoke with the new guy running the deal and he indicated, just as an example, that .10 per share pre-split was a fair indication of minimum value FWIW.



To: jmhollen who wrote (31)2/6/2006 4:34:15 PM
From: Penny Hard A Way  Read Replies (1) | Respond to of 363
 
I'd share my thoughts and feelings, but I'd probably get banned. That seems to be the way things work 'round here.