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Well........I can't say I'm crazy about rhubarb....
As usual, you keep saying "if this is not a scam". Aren't you interested in drawing some conclusions about that?
But we're straying far from my original point. Which in any case is probably moot: it would be so disadvantageous for Pearl to allow shareholders to choose whether to accept the exchange that I believe she'll soon change her mind about the whole thing.
lol, and YOU think a company run by the former president of the Dominion of Melchizedek is NOT a dicey prospect?
Yet, you constantly argue that dilution makes one's percentage of the o/s a meaningless thing.
Of course it does, if you hang on like a soi-disant True Long. I'm talking about a very short term play here.
Pinkies should ONLY be played.
Um, how, exactly, did I contradict myself?
you argue that there is dilution and yet, you are arguing that the debenture would not be the better pick even though it would be "protected" from the dilution issue.
You need to reread my posts. That's not what I'm saying at all.
rrrrufff....I have the sneaking suspicion that you still haven't understood what stucks, Jim Bishop, I, and others are saying.
Well, that's your choice. But I don't think it's even slightly logical.
Yep, exactly.
The smart money longs would bet the loyal longs will opt for the debenture. With the reverse, the price should see a small upwards adjustment.
Perfect for the smart money to cash out.
Well....I wouldn't assume anything about what's likely to happen to any Pinky within the next five weeks, let alone the next five years.
LOL!! Such is the power of the diploma conferred upon you.
You're not thinking this through, rrrrufff.
And yes, there'll be more dilution. So the more stock you have, the better off you are. In any case, I think the correct play would be to sell almost immediately, if stock price rises appreciably.
lol, you'll always have your gazillion shares of preferred to play around with.
My God, Pearl's made such an awful mess with this stuff.
Doylestown's not far from here; getting pretty built up now...
Don't hold your breath.
Yes. And now the threat of bird flu must be making it even harder for small chicken farmers.
A bird in the hand....
And you'll have the preferred anyway.
Sounds....delightful...
lol, where is it?
I'm sure he's just been busy with something else.
plus you can convert the preferd shares as well...
The preferred has nothing to do with the debenture thingy.
By taking the debenture, you get the fixed return (again, assuming it's not a scam for the sake of argument) and you keep 10% of the shares, which would participate in any low(er) float runup.
And if you don't take the debenture, you're left with 100% of your shares, while many others have only 10% of theirs. Effectively, those who opt to accept the deal are accepting a de facto r/s. Those who don't accept will not be subject to that.
This is a real no-brainer.
I think PAIM has a team of consultant that may have been working in this issue before the PR and preparing the execution for the plan (who knows).
I don't. If they did, they'd have worked out the details before PR'ing, and have got it right the first time.
Unfortunately, Pearl has a history of screwing this stuff up.
Salmon with rhubarb and fave... Now that's certainly different...
Let me put it this way: Pearl can't just order brokers to reduce their clients' PAIM holdings by 90%.
Not unless she restructures this offer in a way that wouldn't be especially good for her, or simply does a reverse split.
Milan? I moved back to the States nearly five years ago. You guys need to learn to keep up.
Burrell is an absolute idiot.
LOLOLOLOLISSIMO!!
PAIM has to come up with rules that will be accepted by each shareholder to make the debenture incentive work.
More important, she has to come up with something that's acceptable to the NASD and the SEC. I think she may have a problem with that.
Frizzy seems to be slacking off. He's about six hundred faxes behind...
An overview of recent successes & statistics include:
But they're not CDIT's "successes". I think that's kind of misleading, unless they very clearly put it in context.
Leonardo da Vinci Exhibition (comprising 98% reproductions): More than 530,000
visitors passed through the Royal British Columbia Museum over the 4-month
exhibition in Canada.
lol, I wonder what the other 2% was. And why no originals? It isn't all that difficult to get loans from Windsor, if you have any kind of credentials.
I couldn't agree with you more.
Sure you can. They're just not very good at figuring things out. You can also still look up my former profiles.
LOLOLOLISSIMO!! Bud Burrell has evidently been listening to every conspiracy theorist out there. An "asset raid" on CMKX? The only asset CMKX has is Entourage stock, and it's about to be distributed to shareholders.
I note also that he blithely refers to "all" the bankruptcies caused by NSS. I'd like to ask him to name ten. He wouldn't be able to do it.
snicker.... Over at proboards, Judy Cline is calling herself a "Market Reform Analyst".
http://cmkxunitedforum.proboards70.com/index.cgi?board=general&action=display&thread...
lol, you may or may not be in Suffolk, VA. Now do I look "Zak" up in the phone book?
Oh wow! How....sophisticated. But if one of the kinds was FRESH ginger, then the dish wouldn't have been semi-homemade.
You sure seem to know lots about that!!??
Most of us here do. Most people who use the internet a lot do. If I cared, I could find your IP address in a jiffy.
If you want to feel "safe", go through Anonymizer. Personally I'm more concerned about telephone companies tracking all calls made in this country for the NSA.
But of course! A meal is NOTHING without a tablescape!
And "tinis" as well. Did she perhaps whip up a concoction made of ice cream and gin?
Therefore, the public floats after the PAY DATE will be 10% of the current public float.
Only if ALL shareholders agree to accept the exchange. Were I one, I wouldn't, since it would obviously be far more advantageous to me to continue to hold the amount I originally bought.
I don't think she can legally force all shareholders to accept.
I don't think she can either, unless she changes the terms of the "offer".
lol, I was sound asleep at that hour. What atrocity did she offer today?