Uncle, Elec, What are your takes on what is happening/what will happen?
I just find it very hard to believe a small microcap like TBET was able to bypass higher regulations with listing on Nasdaq, no resignations anywhere,no investigations or lawsuits, and the fact $3.00 is below book value and almost half of IPO about a year ago.
If all this were to go undetected and turn out to be fraud. I will be out of stocks forever because it is not my game. I know there is a risk to anything and buyouts are more risky than others but I am not arguing whether the buyout was true or not. Even if buyout was false I still would have liked my investment at $1.60 long, seeing cash per share was close to $1.75 and traded well above that before the August meltdown