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Re: Seaam post# 130505

Wednesday, 10/08/2014 10:59:19 PM

Wednesday, October 08, 2014 10:59:19 PM

Post# of 148335
Those shares already give him the majority vote even before the R/S? And they have no dividend, conversion or liquidation rights. I saw you had said looks like the common shareholders get screwed becaue of the R/S announcement. I disagree. With all outstanding shares being in the float it sets it up alright. The report says the company anticipates doing the R/S "upon commencement of its operations". So not until they are making money meaning there wont be a need to sell shares into the newly split market. Mostly buys will come in. And if they do what theyre attempting to do with the business plan there will be plenty of buys.