Comments on: Tiberius Capital sends letter urging MATH shareholders to tender at $1.25 http://greenbackd.com/2009/07/13/tiberius-capital-sends-letter-urging-math-shareholders-to-tender-at-1-25/ Deep value, contrarian, and activist value investment strategies Sun, 27 May 2012 15:12:48 +0000 hourly 1 http://wordpress.com/ By: Sivaram Velauthapillai http://greenbackd.com/2009/07/13/tiberius-capital-sends-letter-urging-math-shareholders-to-tender-at-1-25/#comment-1444 Tue, 14 Jul 2009 00:45:21 +0000 http://greenbackd.com/?p=2015#comment-1444 Yeah… It does look like management and the board want to do something other than liquidate the firm. The shareholders voted against the liquidation on Friday so this probably gives greenlight to pursue acquisitions.

I’m seriously thinking of selling my stake. Acquiring another firm may be ok, although undesirable to me, if they can find someone good. But, unfortunately, they are thinking of acquiring assets and then re-starting the firm. That’s very risky and given their failure in the past, chances look low.

]]> By: ikaval http://greenbackd.com/2009/07/13/tiberius-capital-sends-letter-urging-math-shareholders-to-tender-at-1-25/#comment-1441 Mon, 13 Jul 2009 19:01:09 +0000 http://greenbackd.com/?p=2015#comment-1441 The scary part for me here is that the board actually seems serious about an acquisition or acquisition of new technology.

]]>