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Originally Posted by RodKnock
I haven't looked at the number of shares outstanding or the type of shares available to the public, but maybe SAAC can find some venture capital around the country and buy SAI and its subsidiaries at that paltry $0.26 per share and install their own board of directors and stop the lawsuit. Unfortunately, I don't see much upside for anyone out there.
Is it time for a reverse split? Sheesh, the lawsuit could bankrupt SAI.
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I highly doubt that the number of publicly traded shares is a large enough percentage of the total shares to gain any sort of controlling interest or have any impact on the voting at the shareholder meeting. The publicly traded shares are probably not even the same classification as the shares held by Shelby and other major shareholders.
