Friday, May 08, 2015 7:30:30 AM
Yaldoo .... conversion of shares does not show support for the company. Conversion has one purpose. Ability to sell. Posting the money, that shows support. Conversion does not add liquidity either unless intending to sell. In fact the stock could use some level of scarcity ..... that is what you would want.
Mr Rice ...... it isn't "heartening" to see the largest investor convert shares. What would be heartening is if the Chairman and CFO of the company ..... and the rest of the BoD excluding Maggiore, actually owned some shares. ALL company investors own more shares than the entire BoD COMBINED exclusive of Maggiore. CFO should also not be "awarded" warrants each quarter for filing required reports on time, i.e. doing his normal job.
Proxy and shareholder meeting coming up. Proxy should reflect investor displeasure for ome board members .... althuogh I doubt it will.
Funny the "shareholders that matter" support the company direction with the only thing that matters ..... money. Maybe someone should contact Mr Yaldoo and let him know the plan "lacks focus".
Amigo Mike
Recent ZIVO News
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 04/26/2024 12:05:12 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 04/09/2024 03:49:14 PM
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