Lets see...i know that half of 222mln= 111mln shares....so that leaves roughly around 100 mln shares left give or take a little to be traded...and with that said.....as soon as the sp bumps up to .12/sh or so...then a squeeze will occur.....to around .55/sh or so...(look at charts dating back to last October) watch for huge pr....someone here (several someones) want you to sell your shares of spph, of course due to scam rhetoric, etc.....I wonder why? imho
I do not think the stock would be trading at 4-5 cents if half the shares were tendered. They would bump the bid/ask price up to aquire the other shares faster. Why would they plan to close the deal with 1/2 of the shares outstanding. If you had to pay $1.10 a share...wouldn't you up the bid/ask price up to accumulate shares before you had to pay the $1.10 a share?
I am the liar? here a fact ..I have shares and SPPH issued pr saying 55% of shares or over that amount have been tendered...both these statement can be verified. Can yours? ...waiting. federal court awaits you.
You are the liar! I have shares thru Merrill Lynch and my broker has not been informed of any tender offer. They would of passed the information to me. Or do you consider Merrill Lynch a liar also?
You don't have any shares...I DO. 55% of the shares have been tendered...that's a fact and the SEC can verify it. It was put out in the PR that they ahve been tendered...SPPH can't just make that up...YOU are a loser/liar/basher/& probably on your way to the defendant table in a federal courtroom. I'm happy.