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So what's next ?? - Printable Version

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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,