InvestorsHub Logo
Followers 1
Posts 147
Boards Moderated 0
Alias Born 12/03/2007

Re: jj3223 post# 19857

Thursday, 05/15/2014 6:45:28 PM

Thursday, May 15, 2014 6:45:28 PM

Post# of 96904
Carter created this company for the sole purpose of controlling Iceweb with 90% of the outstanding shares. The transaction will result in over 4 billion shares outstanding. But to what end? Why take control of a defunct company that is little more than a "shell company" (aside from the meager assets of CTC NAP). Something is in the works, but it is unlikely existing shareholders will like the final solution.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.