KeyOn Communications Holdings, Inc. (fka KEYO)

[TrueTrades]

hes had it right here...post #3795:

In March of 2011, Dr. Shiong was the largest debt holder of Keyon Communications.....he converted that debt in to preferred shares and warrants (the control block of preferred shares that I have mentioned) www.sec.gov/Archives/edgar/data/1335294/000117120011000229/i00114_ex99.htm ... In june of 2011, Dr. Shiong invested an additional $2.6M in a secured, convertible note that would convert to yet more preferred shares of the company. Finally, just 6 months later, Keyon Communications files a 15-12G to go dark http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&FilingID=8306128&companyid=682091&ppu=%252fdefault.aspx%253fcompanyid%253d682091 Shiong acquired the important assets of the company and sold the rest (this happened without a bankruptcy filing). Since the company filed a 15-12G to go dark, we cannot confirm the 30 percent return on Shiong's money. What we can confirm, and what it looks like to me, is that Shiong would not be investing this money and converting that debt into preferred shares unless he had a plan for those preferred shares at a later date. As the largest shareholder, he knew the form 15-12g filing was coming. He wanted certain Keyon assets....and the KEYO shell. Keyo will be the vehicle for Nant....IMHO.