"I do not seek glory, certainly not on this thread. But you still unable to reconsile with, that there are people, smarter than you, who'd forseen this fiasco from the day one.
Exchange of one CCA share for .875 shares of PZN is a FAIR deal?? Give me a break!!! What were you smoking??!!!"
I assume you include include yourself in that smarter group, and I will concede it (but see below). I will also confess to loving the challenge of an intelligent woman, but alas, my wife consumes all of my energy in that regard.
I will also concede that trusting Doc on this deal moves me down the intelligence ladder a few rungs. But you see, I always asserted that he was smarter than me, and we now know that isn't saying much.
BTW, the exchange ratio is something you've always been wrong on. Respective fair values can't get any fairer. I know of at least one old PZN shareholder (>5%) who feels PZN got screwed by being saddled with a growth company whose Q4 revenues were less than Q3. Fact is, at this point the "screwing" is indiscriminate.