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Finjan Holdings, Inc. Message Board

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  • groans33 groans33 Apr 11, 2009 1:21 PM Flag

    So how are you voting on the proxy?

    Your choice is vote against and have immediate bankruptcy, or vote for with massive dilution and quite possibly bankruptcy later.

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    • Groans,

      Good job framing the decision argument before us.

      Consider the institutional buying that we know is happening. Considering also what docmcmu has contributed here about management wanting to abscond with the proxy given a yes vote to block a hostile takeover. Based upon that, I'm going to vote against. Thanks docmcmu.

      I'm all about a change of guard because I feel the investment interest is there and it's only a matter of time before fresh ownership and targeted investment capital could turn this concept around.

      Ski

      • 1 Reply to ski44daddy
      • A take over offer is just pure speculation,(if not wishful thinking). One has to weigh the course of financing opportunities for the company. More shares, or additional private funding. I have seen it in the past where companies have pulled this stunt to give themselve full control over a company, and then dillute it into the ground. I question the excessive over runs on the last building and who possibly gained from that, and now a proposal to build again. So far from my point of view, management has been less than financialy responsibly. JMO

 
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