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CryoLife Inc. Message Board

  • dlhild Jan 14, 2010 4:19 PM Flag

    Cry has made an effort ...

    CRY: CryoLife has made every effort to work with Medafor as partners in an amicable and productive manner.

    Response: Sounds nice. Lawsuit would make it appear otherwise.

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    • the negotiations will be private until a deal is done(or undone)
      and then FD, we should all know at the same time(witness, tongue in cheek for the FD part)

    • You're correct! I only saw a couple press releases that stated the 2 dollar share price w/no mention of stock. After reading Cryo's ltr to Med Board of directors it in fact does say $2/share and "stock". But how much is the question of the day? How do we find that out?

    • quit lying about the price!
      the shs are also compensation!
      the 1.6 was a private transaction, since there is no mkt to measure the sh price...
      therefore, the value of medafor must be $2.,
      so, to get shs of cry on top of $2., is fair and just(if they take it)

    • Founders get roylaties every month. They've got more money than they can ever spend. I'd also be they've got a significant amount of shares in Cryo as well at this point. An Axe to grind is more importent to them....
      They (Med) are no different than most Micro caps this past 10 year period (worst ever). Medafor shareholders are in anywhere from $1.50 to $3.50. You think they're going to vote for a $2/share buyout?
      You must be smoking something.....
      The only way Cryo will succeed is if their offer is increased significantly which does't sound like it'll happen. Med is tired of Cryo w/lawsuits etc. There are plenty of other buyers out there for Meds product.

    • OK, dihild, I see that you're not satisfied. As the only Medafor holder posting here, I accept your view that the CRY 8% purchase was only an anti-up provided by the founder to get things rolling.

      Today's low volume movement looks like accumulation and hopefulness but we've got a ways to go to an accord. How will CryoLife proceed is the all consuming question.

      • 1 Reply to twelvetooth
      • twelvetooth; You're not the only Med shareholder posting here. Like always, there's probably much more to the story. How does CRY, who's trying to sue Med to which the brunt of the suit was "thrown out", try to amicably make an offer to buy at a ridiculous price? They'll need a boatload of shareholder votes to acquire. Too many large shareholders on Meds side. I'd like to say it's almost laughable however; it appears so ridiculous it scares me.....
        Zerban wants a takeover at a rock bottom price therefore screwing "most" of the Med shareholders trying to line his again...

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