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Re: YeardMan post# 11177

Wednesday, 07/09/2014 12:11:14 AM

Wednesday, July 09, 2014 12:11:14 AM

Post# of 79217
The 10 million preferred shares were issued to the Corr family long prior to the LVVV deal.

LVVV converted half of them at more than 5 times what the Corr family could have converted them at. Which in your theory of mathematics means that the APRU shareholders benefited from that conversion.

You can try to make it sound bad all you want but the fact is the shares being converted at the rate they were being converted puts the APRU shareholders in a better position than they were when they were in the possession of Bob Corr and they were not converted yet.

The Corr family could have in theory converted them entirely for upwards of 100 billion shares. That possibility is now gone, and that's worth a lot.

I am LVVVn it.

CHEERS