I can't agree that this is Alticor's motive. They could have bought the entire company for $30million several years ago and instead opted to pay $5.30 or so per share. Very very strange that they would let their sizeable investment go down the drain. Bender's a smart guy.....he even bought stock at .75cents himself not too long ago. Makes no sense. Wish they would at least make some statement
The point is they could take ILI private very cheaply and NOT lose their investment. We would lose our investment at pennies on the dollar (just as we are right now) and they would have it all. The way they have handled the business and their disregard for other stockholders leads me to think they are capable of anything.