glincMay 11, 2011, 5:46 PM
Smart!
LOL, smart company hehe, get rid of a failing company while you can.
It's a form of tax loss harvesting. It's simply a way to get out of some taxes. Believe me, if anyone wanted completely, they would have been out a long time ago. One small share holder is keeping 90% of their stock. This is really not news.
I dont blame them... Get rid of the toxic assests while they can.
If they're "getting rid of a failing company while they can" then why are they keeping 90 percent of their shares?