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Majesco Entertainment Co. Message Board

  • geekcomputing geekcomputing Jul 6, 2006 10:55 AM Flag

    Hypers..go read a 10Q about trinidad

    if you do you will clearly see that no "buy out" is going to occur. They have offered to buy 3 mlllion shares at 1.50 and called for the resignination of cool mgt and some of the board of directors.

    COOL management has already rejected them 2 times. Do you really they they will go for a 3rd? well, i doubt it but even if they did its not a buyout its mearly some cash for some shares and will only give them a little breathing room.

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      • 1 Reply to nutrio1962
      • LOL. man,, go read the 10Q it directly states that trinad will directly (aka NON OPEN MARKET) buy 3 million dollars worth of shares if the management agrees to sell it to them.

        The part about the board and getting rid of upper mgt is also true.

        its all in the 10Q. if your going to invest.. at last know what your investing in.

        also...that 1.5 million shares that traded 4 days ago could be anyone. you dont know since its open market. in all likely hood it could be trinad. who knows... wont know untill they have to file w/ the sec which shouldnt be too far away.

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