So you can tell why they want to get the transaction done.
In this way they can get rid off us (the shareholders) in a legal way to maximize their doggy profit.(A new IPO for SWEEP could be done or sell it for millions to the market if they run the company better)
The problems here now are the management team didn't try to run the company in a positive way at all in the last two years. The reason behind this is simple, the interest of the THD is not in the line with the MT as most of the shares are own by the public. Therefore they try to find a different way, to pull down the share price to top up back share from the market and try to transfer the project to their own interest to get rid off the public.
So for your own interest for sure you shouldn't vote for the sale and lets plan to change the BOD!!!
THD Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
