Gee Wally, I think they are trying to hurt somebody.
This gutter trash knew exactly what they were doing. How long you played the BBs Tony? Reverse split is strategically designed to do nothing but hurt the existing shareholders.
Sorry to be so hard, but someday you'll thank me. It happens to the best of us. I got out with a slight loss and feel like I won the lottery.
If this trash had any concern for the shareholders they would have reduced the authorized to 500,000. That is what the authorized should be in light of this ridiculous split. They didn't, did they?
No, they have set everything in motion to strip shareholder value away and give it to themselves and of course FIUTURE buyers.
What they did was tantamount to rape...and I hope KAA is right about the potential criminal case. I'll tell you what, forget the fines, the SEC wrist slap, restitution to shareholders. I'd settle for them getting a short prison term, say 6 lousy months...in Soledad or Chino.
They could then get a virtual reality experience of what they did to the ir loyal shareholder base.
Oh, and BTW, there are a lot of people who buy into companies like this...after the reverse and the erosion.
Don't get me wrong, they may very well succeed. But the original shareholders get trampled in the meantime.
TG |
