XO Communications (XOXO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : XO Communications (XOXO)

XOXO 34.99

0.0%

Dec 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ronald P. Margraf Sr. who wrote (815)	11/30/2001 6:25:26 PM
From: Madharry	Read Replies (2) of 1018

How did the company make it very clear what they were doing? I am sure that in the sharholder prospectus they did not put in a clause that said- if the company starts to have financing problems we reserve the right to wipe out ordinary shareholders while permitting select investors to retain their positions by extending purchasing more shares in the company at a lower rate. This kind of deal has to be illegal or any investor could be wiped out by a controlling shareholder. I do not own any shares in this company but this is just about the clearest case of theft I have ever seen. On a par with Trump and Pearlman for sure.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next