Comments on: MathStar Inc (OTC:MATH) prepares technology for sale http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/ Deep value, contrarian, and activist value investment strategies Thu, 17 May 2012 07:24:10 +0000 hourly 1 http://wordpress.com/ By: MATH files 2008 annual meeting presentation to shareholders « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-1446 Tue, 14 Jul 2009 05:01:32 +0000 http://greenbackd.com/?p=937#comment-1446 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The board’s estimate of the company’s liquidation value is slightly higher than ours, at $1.40 [...]

]]> By: Tiberius Capital sends letter urging MATH shareholders to tender at $1.25 « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-1436 Mon, 13 Jul 2009 05:02:25 +0000 http://greenbackd.com/?p=937#comment-1436 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The board’s estimate of the company’s liquidation value is slightly higher than ours, at $1.40 [...]

]]> By: MATH’s board rejects Tiberius offer; says MATH is worth $1.40 per share « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-1415 Wed, 08 Jul 2009 05:01:43 +0000 http://greenbackd.com/?p=937#comment-1415 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The board’s estimate of the company’s liquidation value is slightly higher than ours, [...]

]]> By: Tiberius Capital increases tender offer for MATH « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-1408 Tue, 07 Jul 2009 05:04:09 +0000 http://greenbackd.com/?p=937#comment-1408 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The two activist investors, Mr. Zachary McAdoo of The Zanett Group and Mr. Salvatore Muoio of S. [...]

]]> By: MATH’s board rejects third merger offer « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-1275 Thu, 21 May 2009 05:03:13 +0000 http://greenbackd.com/?p=937#comment-1275 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The two activist investors, Mr. Zachary McAdoo of The Zanett Group and Mr. Salvatore Muoio of S. [...]

]]> By: MATH receives $1.04 per share merger offer from twice-spurned suitor « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-1204 Tue, 12 May 2009 05:03:14 +0000 http://greenbackd.com/?p=937#comment-1204 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The two activist investors, Mr. Zachary McAdoo of The Zanett Group and Mr. Salvatore Muoio of S. [...]

]]> By: MathStar Inc (OTC:MATH) 10K update « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-841 Wed, 01 Apr 2009 05:11:16 +0000 http://greenbackd.com/?p=937#comment-841 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The two activist investors, Mr. Zachary McAdoo of The Zanett Group and Mr. Salvatore Muoio of S. [...]

]]> By: Zanett Group ups stake in MATH « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-352 Thu, 26 Feb 2009 05:08:03 +0000 http://greenbackd.com/?p=937#comment-352 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. The two activist investors, Mr. Zachary McAdoo of The Zanett Group and Mr. Salvatore Muoio of S. [...]

]]> By: MathStar Inc (OTC:MATH) investor urges voluntarily liquidation « Greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-272 Tue, 17 Feb 2009 05:04:16 +0000 http://greenbackd.com/?p=937#comment-272 [...] cash and short term investments and doesn’t take into account any further value that the sale of the FPOA technology and intellectual property may yield. Two activist investors, Mr. Salvatore Muoio of S. Muoio & Co. and Mr. Zachary McAdoo of The [...]

]]> By: greenbackd http://greenbackd.com/2009/02/05/mathstar-inc-otcmath-prepares-technology-for-sale/#comment-225 Thu, 05 Feb 2009 06:47:09 +0000 http://greenbackd.com/?p=937#comment-225 widemoat

MATH is a cash box with no operating business and some vestigial IP in the FPOA. Assuming the sale is completed, MATH will be nothing material but cash and equivalents. It could be that management wants to run a blank check company, but Messrs Muoio and McAdoo might have something to say about that. We’re saying that we think management is doing the right thing now, but if they go rogue Muoio and McAdoo are there to keep them in line.

G

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