As new logic points out you guys havnt traded in weeks, so I think it’d be fair to assume your market cap would be well under 100 mill. I personally think gxy have A40’s balls in a vice. If another company gives a takeover offer gxy and the second biggest holder can just block it. The management don’t have control of the company the receivers do right? And they’re gonna do what’s best for us (gxy) now why the hell would they go ahead and do a CR and dilute our holding to sweet bugger all? That dosnt sounds like it’s protecting our interests. All the money a40 has will be set aside for fees and more importantly C&M. So how will A40 pay there debts? I’d argu with there big ass undefined asset that everyone speculates has an intrinsic value of billions but largely undefined so worth Say 31mill US? Just enough to pay off there debts. Interesting times ahead that’s for sure.
GXY Price at posting:
$1.16 Sentiment: Hold Disclosure: Held
