working for marcy & tony
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regrouping. waiting for another bit of information to misconstrue and report on
agree by verbage
so has anything changed?
2-3 by jan/feb
This could be very beneficial and a good partner to capr which has a delivery system that can rebuild at a cellular level in process
take a breth than find a direction
An awesome event soon coming!
It would not have been so evenly distributed for any other reason as seen Carne's turned in 500000 and reissued 250 to him and new ceo
think we are missing the point. the b preferred are issued to the 3 officers. and i believe it is first and formost to keep all decision making in to their hands as their voting rights are 1000 per share x 250k each. the poison pill is in case someone unknown to them aggressivly tries to gain control with the limited issue of shares available. they can shatter control with opening selling the conversion factor. I dont think its to basically kill any hope on our part to be in a position to share in profitability. would like them to clarify its use and conversion factors. when and how are they convertable? not in their best interest to use as it destroys credibility and confidence. carnes and the other two members of the board need to come out and state purpose and use of the class b directly to us all now that other problems are being overcome.
read the latest info. on bottom it states fully diluted company would be 767 million shares if the ps were converted (1000x) so it would bereally 9 cents. but i believe they are really poison pill shares for the officers and not actually to dillute as only the 3 top gusy have them
At that price the stock would be at .10 instantly
Ergo poision pill
That's what I think. Just would like assurance
If they were designed solely as a poison pill...fine. But if converted would destroy company and that was not Carne's intention
When the a/s is 200 mil reduced by Carne's the convertible s/b reduced too.Mr Carne's...please address!!
see the class b preferred stock is convertable to 750 million shares of stock by holder. kind of a poison pill isnt it? at what time is it available to them? what triggers their conversion? and as the a/s was downgraded was the b stock also downgraded?
when lars does
My question then.. Why sell a 100 mil company for 24 mil. Unless they saw the plan
not unless exlax buys it
there had to be a reason for us to be able to aquire them so cheap in the first place. we now see it more realistically. the major reason for aquisition is possible benefit down the road. this is first year stuff in company. the major thing is existing facilities and future. the withdrawl of s1 and the 15-12 is imo to get a better rate for operations and going forward. let them get the info downloaded. we knew this is wip companny so lets not panic. no carnes operation comes without problems. future of company is where i wait. if i can get more cheap and wait i will
Those of us who stay....yes the more we get blasting the more I want
The bashing took over here to ignite the fear of the unexplained. The audit was not what stopped the process. The results probably modified the agreement. We are frustrated but not forgotten which is why the action was taken. Let's wait for the notice to take action
The bashing took over here to ignite the fear of the unexplained. The audit was not what stopped the process. The results probably modified the agreement. We are frustrated but not forgotten which is why the action was taken. Let's wait for the notice to take action
I said that 15 months ago
Don't think Carne's and company forsaw any problems with AQ. So they did not plan for contingencies. Stupid but understandable. If this goes lower Monday I will sell my other slow stock and stay here
I think it has to do with time its taking for financial reports screwing with payment scheduling
So we have actual filings? What do they entail? Am in Ecuador so can't bring them up
As they seem to have hit a roadblock will agree. Better to enter a shell till its fixed. Am here till the end anyway
I am. But read it
Mm playground
And a real idea of international accounting practices
Have a company dealing with audit encompassing 9 countries so know the horror
Will they release by the 18 the is the question. Or will it be the 22 nd
Makes good sense as they go forward.they had to have a plan. The holdup is then signing off
Only unanswered question is payment structure for paper. When they say first payment is done we will fly
Ade by jimmy buffet enterprises
Noticed the new trend i n shells and it seems good.get shell and clean it up reverse split so under 100 mil shares then line up one company in it. Hope this is the new way
Long as its beer or margarita related! It's all good!
Ecuador!
Always 5 o'clock in ecuafor