Bottomfeederthis point you make is spot on!A genuine board would...

Bottomfeeder

this point you make is spot on!

A genuine board would have said we will use the cash to buy back all shares and delist MMX.

what they are most likely doing is seeing who will cave and leave more for the remaining. Only its not really a level playing field when people on the inside have more infomation. ie MVT being on the board of mmX

waht they should do is return equally to all shareholders what they can as soon as they can. leaving enough in the kitty to deal with Cashmere or some other backdoor listing. Giving what can be given back will allow more shareholders to stay in the stock for a potential greater return from Cashmere.

I have been keeping up to date on this one. Havew they also said they will delist after the buyback , just to scare more people into accepting it.