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Friday, April 04, 2014 8:22:32 PM
It must be that gift certificate .20 per preferred share valuation that everyone has all this money.
I wonder what happens to the people who bought common on the representation of the Company for the gift certificates and than sold them this week.
For example, if one owned 100 million common shares, gifted at 175 to one preferred, and valued by the Company at 20 cent per preferred. Does one have a claim against the Comp[any of 100 mil/175 x.20 or a claim against the Company of $114,285.72.
I wonder how the Company are going to handle these shareholders and their possible complaints to the SEC and possible litigation.
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