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Alias Born | 05/03/2011 |
Thursday, January 21, 2016 12:01:08 PM
Once Carl is paid off and "retires", Schewe will have a clean shell and majority ownership (plus the 1 preferred share).
Once the 3.9 billion shares are sold, he reverse splits. He can then raise the authorized shares again, and sell off billions of shares, just as Carl has done. You think he wouldn't make more than the 2 million he has bought the shell for? He will make at least 50x times that gifting himself free shares, bonuses, etc.
Buying a cheaper shell would be cheaper, but most shells are inactive and don't have a following like VSPC has. The following is worth it's weight in gold.
Buy what you want, it's your money.
Rule #1 is never lose money.
Rule #2 is never forget Rule #1.
My posts are my opinions only. Do you your own due diligence.
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