Friday, November 07, 2014 9:53:45 AM
This myth of "defending against a hostile takeover" is absurd.
RIGH CEO Aaron "Angel" Stanz has ALWAYS been the majority shareholder, via his ownership of 35+ BILLION VOTING shares.
Hostile takeovers happen when the would-be acquirer makes an offer so good that the majority of the shareholders vote to accept it.
"Angel" IS THE MAJORITY! He could just say NO!
Ridiculous what passes for Due Diligence out here.
All diversions, smoke and mirrors to hide RIGH's failed business, and current attempts to cash out its "owners".
Anyone who thinks that Sal Tuzzolino's 26+ BILLION shares won't be monetized at common shareholders' expense is naive at best.
And it's all penny-ante to begin with. The crumbs that are left over for the common holders wouldn't feed a flea.
Best to all. Eyes wide open.
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