Valu-Net Corp (VNE on ASE - was Faymar) Message Board

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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar)

VNE 36.95

0.0%

Apr 1 5:00 PM EST

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To: Postman who wrote (206)	3/31/1998 7:22:00 PM
From: Nabil Karam	Read Replies (1) of 974

The friendly hands already owned 2.8 million shares. But that wasn't enough. So they diluted the stock by 80%. Even, if the company succeeds in the contracts they negotiated with National Bank, Gretzky, Brodeur etc, the investors won't get anything. The profit is going to be shared by 25 million shares. So, for the next 3 years, don't expect the stock price to go up. And, whenever the friendly hands feel it's going up, they will dilute it. One more time, I repeat my question, is there any way for the investors of this company to complain about this dilution? Best regards, Nabil

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