InvestorsHub Logo
Followers 6
Posts 1659
Boards Moderated 0
Alias Born 12/24/2009

Re: 1plus1 post# 3221

Saturday, 08/19/2017 9:44:33 PM

Saturday, August 19, 2017 9:44:33 PM

Post# of 7280
First it will only 1.5 billion shares and most likely they would not be wiped out only a part of the shares. The question of control over the technology. I would think the suitor or partner would control 51% of the stock before they deal with us. (Before or after canceling shares.) Enersys very well could buy the whole company with 1 million shares of their stock. This is a possibility. That would give us 60,000,000 dollars that would equate to about 2 cents a share or what I will believe will be exactly 1.8 cents a share. They could also give us Enersys stock which I would sell right away! I am hoping for more but this is the best scenario with ENS. On the other hand if its some of the other possibilities I have noted in the past who knows where the market would drive this stock. Coming out of bankrubtcy and announcing new CEO of a big OEM could drive this stock past a dollar... But, I believe there is a better possibility ENS or Frazer Nash with another investor will put this to sleep and give us 1.8 cents. I would be happy with this because my average for old stock and new stock is about one cent and it would be a lesson learned at a profit of 50,000. Finally, with ENS, if we file a lawsuit against the it would be great, but I don't believe ENS will let this happen. One last possibility. They might cancel our shares and convert the shares into VRDT shares (same a the last debt holder deal) and ENS will sign a supply deal with us (Frazer Nash Savebox suppliers or others or possibly a deal in the works) and royalties for the use of our technology in their (ENS) private deals. This would be the best solution to this matter. I think...
I will sell half my VRDT shares a soon as this happens and play thus game a little longer.