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Sheepdog

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Sheepdog

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Re: VanAwful post# 15487

Monday, 06/19/2017 8:19:50 PM

Monday, June 19, 2017 8:19:50 PM

Post# of 17377
What??? That is absolutely insane. The subsidiary with the value is getting diluted so SWET shareholders aren't???

Run for the hills. This guy is 100% on scam mode.

Lets assume you own 10% of a holding Co. who's only asset is a subsidiary owning a $20,000 Buick. Your equity is $2,000

Now assume the subsidiary sells half of that car to someone else and uses the $10,000 to pay "management". Now your equity is only $1,000.

Pickett saying otherwise is a gross lie. Dilution is dilution, whether is at the company level or at the subsidiary level.

I have no humble opinions, but I do have opinions and those are what I express in my posts. BUT...I have been wrong before and likely will be wrong again so do your own research and don't blame me if you are too lazy to do so.

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