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purchase offer for mt carbine rejected, page-8

  1. 24,765 Posts.
    This is absolutely staggering.

    What was the point of spending a lot of time and money, having an exclusive option doing due diligence for many months on a project if your purchase offer is going to be rejected?

    Not to mention all the free shares or were they options given to the owner of Mt. Carbine, which might have been sold for a very nice profit???

    The question needs to be asked. Why wasn't there a firm agreement on a purchase price before all this took place?

    What's happened is we now have had a bid made, its value has been made public, it has been rejected, and Mt. Carbine has been talked up in the marketplace for many months.

    Of course it is logical to believe all that free, positive publicity could help in the sale of Mt. Carbine to another bidder at a higher price.




 
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