Ann: Recommended Takeover Offer for LNGL, page-236

no shop, no talk, no due diligence

that is an awkward condition - I'm the only offer and you are not allowed to look for better offer either you accept or I'm moving away!

this is no normal at all:
1- why undersecretary resigned suddenly!
2- why the directors did not act for the lack of cash long time enough.
3- why the price is been driven down deliberately by passive management: no actions
4- why there is no transparency of the directors approached by other bidders.
5- why the offer suddenly arises when the target SP is met.
6- why no shop no talk and no due diligence !

directors recommendation:
either you accept it or you get nothing.

share holders:
no we do not accept it - we will allow you to hijack the company and leave us as the only losers.
either you do your job and get finance/ real investors or we all loose together, this company worth more and you know that and the pirate you brought knows that as well.



no, we do not accept and if we get nothing you will get nothing as well