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Re: TheShadow post# 45325

Wednesday, 01/11/2017 8:01:59 PM

Wednesday, January 11, 2017 8:01:59 PM

Post# of 47873

1. Management can NOT cancel YOUR SHARES and issue new shares.
2. They SOLD the assets. $117M
3. After a FULL debt payoff scenario....they thought about 15-20M remaining. That's .18-.25. Say bare bones low end $10M, that's .125.
4. $10M is worst case.
5. EC adds gravy to that, potentially doubling those numbers.
6. ALL money is being accounted for by the judge. BL and Turmelle have ZERO control over it.
7. They cannot cancel shares or take that money.
8. They cannot cancel shares or take that money.
9. This was an ASSET sale with a vote on dispersement or new company
10. They have no control over dispersement of asset sale money!!

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