Ann: Recommended Takeover Offer for LNGL, page-311

Legal action against the company/management is a long, arduous and eventually fruitless pursuit - I'm interested in the dollars, not the revenge.

In my opinion we should be focusing on how to improve our exit from this mess, with 19.8c/share being the worst case scenario.

I'm not sure if we can materially influence the final t/o price though.

But there is the arbitrage option and/or hoping that a counter offer will materialise. It doesn't look like Baupost and IDG are buying, neither is LNG9 so I suspect some collusion here, which suggests the deal might get through at the mutually agreed price.

Very confusing and uncertain isn't it, and that's due to the communication vacuum that management have created.