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Doesn't need funds, only expertise. And they obviously have that.
Looks to me they are in it already, no?
I would assume it's the one that is an EMJI shareholder. Look at Subsequent Events in the annual.
You may want to read this ...
http://www.nytimes.com/2013/10/21/business/media/turning-low-budget-horror-into-gold.html
Between Twitter and Instagram, the people involved have almost 200,000 followers ...
That's Sid Wilson from Slipknot. The other guy is Jordie White from Marilyn Manson.
Maybe brush up a bit on the entertainment business?
Good morning.
Yes. Why not? Please go ahead.
Why don't you post the tweet you are concerned about.
What's your point?
He's just messing with you.
TD Ameritrade fine also.
Sure if enough people call Scottrade to complain, they'll fix it.
Their Twitter was pretty clear. CEO bought Atwell's preferred shares for cash. Condition was that Atwell wrote off his debt and his common, i.e. no cost to company.
They also said they would PR along with other restructuring steps.
In order to complete an acquisition with revenues, he will need private investors. And private investors don't want to see high debt levels. We seem to be progressing in logical order. Makes sense to me.
You may want to take a slightly longer view.
Read the next tweet. Pretty clear.
You may have missed a few things then.
Since you are following Twitter, you will know he has been telling shareholders what he is doing.
I have no idea what you just said.
The outstanding is 6.2 bn as last reported. Now apparently lower as per tweet.
No one mentioned authorized.
Incorrect. Check Q3 filing for correct number.
He has under 200m. Again, read the filings.
Atwell owned 140m common shares as per the last filing. He sold ALL of his preferred shares.
Go ahead.
Now we are just making things up?
Right. That MUST be it.
If by "days" you mean 2 ...
6.2 bn actually.
10bn authorized
Have you seen any filings of that sort?
Actually the max any one party could have is around 620m or they would be an affiliate and could not legally sell.
Assuming linear progression that would be almost another 5 years to ZERO shares outstanding. What would you think would happen to share price in year 2 or 3 if that progression were to occur?
I know what you will say on here but what do you really think would happen?
And what if company built a business during this period?
Just what if. Ok, your turn.
And even the filing you quote shows number dropped even then. A lot.
But ignoring press release after filing.
If you say so.
That's not the latest info.
See their press releases.
You'll notice the number keeps dropping without a R/S.
And remember that Twitter is blocked in China so likely no tweeting during that part of the trip.
Wanda just bought Legendary in a US$ 3.5 bn.
Great. China is where the money is for entertainment.
Still called accretion.