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So what's next ?? - Printable Version +- ShareholdersUnite Forums (http://shareholdersunite.com/mybb) +-- Forum: Companies (http://shareholdersunite.com/mybb/forumdisplay.php?fid=1) +--- Forum: InterOil Forum (http://shareholdersunite.com/mybb/forumdisplay.php?fid=4) +--- Thread: So what's next ?? (/showthread.php?tid=11021) |
So what's next ?? - jft310 - 07-21-2016 Do we get another bidder ? Odds seem slim . Will the Exxon bid pass a vote ? All funds will vote yes . Many retail investors will not vote . Measure will pass. Will there be a lawsuit after the deal ?? Can a Breach of Fiduciary Respondsibility be proven ?? That will be up to the lawyers , My opinion there is a probable Breach . Just one item . Hession had a conflict of interest . Best plan would have been to sell just E/A keep the rest . Receiving zero for other assets is nuts . Even with Hessions employment contract he had an obligation to protect shareholders , His first interest was not to collect on his employment contract but to do the best by shareholders . He clearly failed to protect shareholders as did the BOD . Would the price be different with or without the other assets ? It's criminal to get zero for assets but collect on those assets your self . What to do .?! If you vote yes you get Exxon shares plus a payment , The funds will vote yes so the deal passes . If you vote no there is a real possibility of a Breach lawsuit . The only people who collect in a successful Breach lawsuit are those that vote no . Therefore we will vote no , collect our Exxon shares and payment and wait for the lawyers to do what they do,
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