YMI has provided all of the tea leaves...you just have to read them.
As far as blind ignorance...I am sitting on a 100% paper profit; not bad for a blind man!
I UNDERSTAND that some are upset because they don't have the details, which will be provided after the quiet period, but TO ASSUME that this isn't good for YMI because you can't figure it out is just plain ignorant. It is not ignorant to assume it's good for YMI (isn't that why good management teams make deals?) Again, this management team has proven bright, and transparent. Why wouldn't this deal be a positive one? Read the PR; listen to the conference call.
I too am upset. I am upset because a foreign group knows the specifics of this odd buyout but I, a YMI shareholder, was left out in the cold. There is something to be said about full disclosure and Fridays report doesn't quite cut it.
They would have been better off not saying anything.
"In order to maintain compliance with United States securities laws, communications regarding the transaction must remain limited until closing, at which time management intends to schedule a conference call with investors and analysts."