Ann: Intention to Make Takeover Bid, page-20

The old foxis just trying to buy this company for peanuts. His reasoning is totally flawed. GFY is still a highly cash flow generating business and with decent management it can go back to 1-2$ per piece if it stays public.

My prediction is that jj will manage to gather maximum between 45-55% of GFY from scared small holders. Nobody big will sell at this ridiculous level. He may even come back after summer with a higher bid if he means business.