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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (1476)8/24/1998 7:48:00 PM
From: lib  Read Replies (1) | Respond to of 5908
 
Thanks once again...

will this deal ultimately be decided by shareholders? I am speculating at this point that the management has to decide about the validity of the offer (you say by this week?), and then present it to the shareholders for voting final approval. Am I off base?



To: David Sirk who wrote (1476)8/25/1998 11:29:00 AM
From: Claude Cormier  Read Replies (4) | Respond to of 5908
 
<<6. Yes, the company is looking at other offers and feels that the current .375 buyout offer is extremely low. They feel that the $1.50-2.00 range is more acceptable. >>

They must first prove their gold before they can ask for these kind of prices.