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Re: rickn23 post# 75673

Thursday, 03/23/2017 2:57:06 PM

Thursday, March 23, 2017 2:57:06 PM

Post# of 78243
They could rework the reverse split and I would assume Benny and the Board would likely be more agreeable to reverse split the Z Shares if they knew Shatner or someone of a similar stature was going to come on Board. They could then work out a share structure and deal for the new CEO and themselves BUT THEY SHOULD ALSO MAINTAIN GOOD SHAREHOLDER VALUE FOR NON BOARD SHAREHOLDERS who have gone through this storm with them. Benny did hit on something by saying they want a new CEO as it could add a lot of prestige to the Company and could also get the Company a lot of great publicity if say outfits like the Wall Street Journal or Yahoo write articles about the new CEO joining REDG. Let's say William Shatner or someone of a similar stature joins the Company as CEO and Board Members have a reasonable amount of convertible preferred shares not a zillion shares as if they are expecting a Corporate Apocalypse and they layout solid plans to unload debt,solve existing problems and grow the Business I think the 10 cent post split price would hold and would in all likelihood rise post split. That may be a pipe dream but you know it is within the realm of possibility.

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