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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: BigDaddyMac who wrote (8674)8/16/1999 7:27:00 PM
From: rjbac  Read Replies (1) | Respond to of 9391
 
Sounds as good as anything else I have heard Mitchell...I guess he deserves his money back before we do???Just two questions. Why are we at 30 million shares so that they/he needed to increase the authorized to do that debenture cash in(I realize we are just speculating)?Also, what happened to those 1st many MILLIONS of dollars/shares???? Take it easy...

Bac



To: BigDaddyMac who wrote (8674)8/17/1999 12:08:00 AM
From: E. Davies  Read Replies (2) | Respond to of 9391
 
Can you explain this theory about how the buying party needs 50% of the stock beforehand?

I've never seen anything like that before. For "normal" companies, the buyer simply makes a public offer at a price. The shareholders vote to aprove or not.

Since Jack & Mickey *claim* to have controlling interest (we dont have any proof-do we?) they dont need anything from us. So whats all this stuff about needing 50% ahead of time?

I did own a stock once that was purchased *under* the market price. This was done by a "bonus" paid to the principle shareholder for signing over his stock. The rest of the shareholders got shafted.

I smell a rat... (Not that there is anything we can do about it)

Eric