Wednesday, April 16, 2014 9:33:57 PM
John could not sell his shares as they were restricted by virtue of "shell status."
So think Oz...
You only have to fool the retail shareholders.
1. Give back oodles of shares and announce a symbolic $1 salary and make the paperwork blurry enough to make it appear as though you are funding the company.
2. Have the ability to tap into a $1 mill+ cash stockpile of investors money parked in a different company.
3. Help out the friends/family eager to sell shares by:
a. Renouncing paid for stock promotions
b. Dole out free-trading shares via your children's trust (by most likely the same means that friends/family got free-trading shares) to promoters (provides direct separation)
4. Generate the loyalty of the few at the price of the (unsuspecting) many
Then there are parts 2 (command a huge salary) and 3 (sell shares under the radar). Goose has been laying eggs for John for a good while IMHO...
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