To: Chuca Marsh who wrote (12296 ) 11/14/1999 10:43:00 PM From: d:oug Read Replies (1) | Respond to of 14226
Chuca & thread, before any off topics, 1,500 million reasons to... <<If this is factual and the process does work then the $1,500,000,000 is just a drop in the bucket because the Hassayampa is the smallest of Globals holdings. I don't expect things to explode because Les, in his report...>> $1,500,000,000 = 1,500 million dollars = lots of reasons for... for current gpgi shareholders not to be diluted by Jensen. If my guess = speculation = wondering, thru only information on this thread, that lead me to a conclusion that Jensen PREVENTED a usable extraction method from being obtained by Global because Jensen decided against USING PROPER and ACCEPTED MANAGEMENT PROCEDURES knowned thru common sense that one should NOT put at risk shareholders investment for PERSONAL reasons like an agreement I speculate Jensen had with TWIFORD that ONLY an extraction method created by Twiford will be used, EVEN if it takes GLOBAL an UNACCEPTABLE amount of time as viewed by the shareholders and common sense interpertation of the LAW as to the DUTY of GLOBAL's officers(Jensen) to shareholders. So, if Global does not deliver OR does with a dilution to current shareholders, then I see a legal case for current shareholders to demand in court that Jensen not only be fired from the company, but ALSO forfeit his share holdings in GLOBAL, all connected to Jensen even indirectly, to be assigned to current shareholders. This would lead to no dilution, current shareholders obtain Jensen's shares either thru assignment or by the shares being void'ed so that the number of gpgi shares "out there" is reduced. As for Twiford, a seperate lawsuit in parallel for his activity to commit fraud. All this based on speculation and guessing since bottom line is that we have less than a Pig in a Poke to examine for an Thor_Reality. Doug