I would have predicted about 50% takeup at best (and "YES" on Sat at 37% ) but looks like offer was about 20% only!! All bad? Well, this might like the voice, send a STRONG mesg to the Board to GET SOMETHING DONE!! Geez!! Their options now after 100K gone for the offer costs are to try another CR or to sell off assets or beg for partners which..... hmm not the worst option as all thats left is END and you lose all your money. Time to swallow their pride and get any Rev they can or its simply over. Was this a scam all along for 80 years or the current board? We seem to have a wide breadth of promising Leases, so whats really going on with the company? why do we measure progress in Years and SA is STILL SITTING THERE???
Anyway, 20% takeup is insane after last was oversubscribed. Gina getting out with all her wealth; telling holders something?... classic good money after Bad till something changes and soon!!
Thanks to Lakes, i only draw pictures of sad clowns now...
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I would have predicted about 50% takeup at best (and "YES" on...
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AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
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