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Re: Champ5 post# 20419

Wednesday, 11/15/2017 9:30:09 AM

Wednesday, November 15, 2017 9:30:09 AM

Post# of 21105
You said Pro Star produces high revenue... I agree with that. The problem with filing financials is everyone sees that you're generating healthy sales, which, makes it difficult, if not impossible, to drive the stock price down to near collapse so you can convert your ownership to common shares for tens of thousands of dollars... As opposed to how much it would have cost if the stock was trading at a multiple on the level of other trucking companies with similar annual revenues. The alternative under that scenario would have been to use his greenshoe warrant and issue hundreds of millions of shares above the allowable amount to get his 84.9% control in common stock.. there was an 18-month lockup on converting shares after the agreement was officially in effect (March of 2016). I still don't think Zaric did the deal to benefit Sason and Roger for a few million bucks... He could have easily sold a small portion of his company privately for that ... Even the way the company is structured now, it's set up for maximum profits to Zaric... Zaric owns Arrow Freight which leases trucks to Pro Star.. Zaric gets to put the profit from those "rent payments" in his pocket due to better tax treatment of those dollars... He's doing the same thing with trailer leasing (our 30 Vanguards) and truck service (for company leased trucks).. Public or private, he's going to a holding company umbrella structure soon... IMO..

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