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Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?


To: Po Pimp who wrote (3249)5/21/2013 8:02:29 AM
From: Billy Bilgewasser1 Recommendation  Read Replies (2) | Respond to of 3620
 
At this point, it looks like the only chance that anybody below the DIP level has (other than management) is dependent on the the judge determining that the the APA price is inadequate. That conclusion will take a set of brass cajones on his part.

I too only have a few scratch-off lotto tickets in the form of preferred shares, but I've got more than a few bonds and holding.

The "committee" legal and financial advisors were paid $1.4 million during April. Hopefully they actually did something of value to earn those fees.



To: Po Pimp who wrote (3249)5/21/2013 1:23:31 PM
From: silkscreen121 Recommendation  Read Replies (1) | Respond to of 3620
 
True, it doesn't matter much, but not for the reasons you give. Conspiracy theories are usually fanciful and counter-factual. Yours certainly is. There is far more evidence contradicting your theory than there is supporting it. All the pieces must fit together or the puzzle is not solved. You'd need a sharp knife and a sledge hammer to assemble the pieces as you see them. Bulmahn, Tate and Reese may reasonably be described as incompetent idiots, unethical idiots even, but they are not crooks. Well, when I say they are not crooks, I mean they are no more crooked than your average corporate manager in 21st century America. They WILL line their pockets at the shareholders' expense if the shareholders give them half a chance. A majority of shareholders invariably agrees to give their managers such opportunities, but then the majority of shareholders are invariably as blind as they are stupid.