MathStar Inc’s (OTC:MATH) board has recommended that stockholders reject the $1.25 per share in cash tender offer from Tiberius Capital on the basis that the tender offer is less than the board’s $1.40 per share estimate of MATH’s liquidation value. We’ve been following MATH since December last year (see our post archive here) when it [...]
Archive for July, 2009
MATH’s board rejects Tiberius offer; says MATH is worth $1.40 per share
Posted in Activist Investors, MathStar Inc (OTC:MATH), Stocks, tagged Activist investment, Liquidation Value, MathStar Inc (OTC:MATH), Net Cash Stock on July 8, 2009 | 2 Comments »
Tiberius Capital increases tender offer for MATH
Posted in Activist Investors, MathStar Inc (OTC:MATH), Stocks, tagged Activist investment, Liquidation Value, MathStar Inc (OTC:MATH), Net Cash Stock on July 7, 2009 | 2 Comments »
Tiberius Capital has announced that it is increasing its offer for MathStar Inc (OTC:MATH) common shares from $1.15 to $1.25 per share in cash. We’ve been following MATH since December last year (see our post archive here) when it was trading at $0.68. We initiated the position because MATH was trading below its net cash [...]
Greenbackd back in the saddle
Posted in About, Greenbackd, tagged Greenbackd on July 6, 2009 | 1 Comment »
We’re back in the office after hiking some of the John Muir Trail through Yosemite. There have been some interesting developments in a number of our holdings and we look forward to updating our open positions over the course of this week.

