InvestorsHub Logo
Followers 4
Posts 42
Boards Moderated 0
Alias Born 02/27/2014

Re: kwm1954 post# 142195

Tuesday, 06/10/2014 11:54:03 PM

Tuesday, June 10, 2014 11:54:03 PM

Post# of 298910
I think he hinted at retirement of shares when stating that he planned on reserving shares for employees. I think a portion of his 3 billion will go to employees, another large majority will be retired and a small portion will be kept for himself. Remember the split that increased the OS way back was to help him keep control of the company. This was before he had created the preferred A share that could be converted into many times the total OS. He has made hostile takeover near impossible. 3 billion shares for himself is not in his best interest when he can STRATEGICALLY retire a majority to uplist and get the attention MYEC deserves. Just think, even if he kept 250 million, at $3 he would have $750,000,000, PLUS if he choose to charge MYEC royalties for his patent, he would be incredibly wealthy. He would prosper and his company would explode. It makes sense. I'm not trying to be selfish and beg for a retirement of shares but it just make strategic sense when the time is right. Those shares are the kicker to an already winning hand.

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.