Agree- old Mike is quite a tool. His attempt at cleaverness seems to escape me, but not his demeanor. GL2most
Could this announcement not have been made during the conference call to save money relative to making a stand alone news article? The IR folks must have been paid extra! Tony- this should come out of your own pocket for this ineptness. Its not like you could not have set the conference call after this was announced.
You must have really admired the man too keep making such of a fool of yourself dwelling on someone who has passed away, you disrespectful hole.
I would rather have issued more stock at .15, than the .08 it was trading at a year or two ago. In addition, a new product announcement based on the IDCC collaboration could still propel this stock back to the 30-40 cent range. GL2All. PS Notice how the same bashers only seem to come out when the stock is down!
My guess- guess- is that LCI starts to firm again. Forecast was for continued growth/ profitability.
I cannot answer if offering 4mil sh @ .30 ($1.2 mil value) was a good price. However, from what I have read, it appears that through this transaction, a competitor to their current logging sales and service operation, will now become a sister company, of sorts. TCOR intent looks to be to hold an ownership distribution position in Texas for Deere and Cat equipment. I have little comment on why housing will directly affect TCOR, except maybe for their sawmill supplying lumber for housing, and their real estate holdings possibly making an investment in that arena. GL2All.