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Re: janice shell post# 6262

Wednesday, 12/17/2014 8:48:50 AM

Wednesday, December 17, 2014 8:48:50 AM

Post# of 10055
It is too bad your old post slid off your screen, because this post only gives us information we already know. "Throwing away nearly $20 million on a soon-to-be-worthless shell is not how most billionaires become billionaires". "I'm glad you were not around to tell SPEA shareholders that http://investorshub.advfn.com/boards/read_msg.aspx?message_id=18870287 "SPEA disposed of all of it's operating businesses in the second and third quarters of 2002". "As a result, the company now has no business operations and only minimal assets and liabilities". "SPEA's primary objective is to seek out and pursue a transaction with a business enterprise that might have a desire to take advantage of the company's status as a public corporation". If weeks beforehand someone had presented DD that a billionaire was interested in acquiring that shell, and doing a reverse merger.....many would have said the same thing, "A billionaire would not be interested in some "worthless" pink shell" LOL but guess what, IT HAPPENED! Robert F.X. Sillerman, A Billionaire acquired the worthless shell for a reverse merger and the stock ran from .10 to over $30! The only difference between SPEA and KEYO is that KEYO shareholders KNOW a billionaire is involved and owns the majority of the stock! You stated "One thing is clear".....Dr Soon Shiong no longer holds the majority of this stock. PLEASE SHOW US THE FILINGS that state this Janice! We'd all love to see it! Maybe it was in the old post that slid off your screen. From the filings you provided...we only see the debt/equity conversion.....neither you or anyone else have been able to provide info that California Capital Equity (Soon Shiong's company) dumped their shares onto the open market! WOW. Finally, the past dealings of the company is of no concern to us. The fact that Dr Shiong had $20M invested is MORE OF A REASON to use this KEYO shell for reverse merger! The market value of the new stock (Billions) merged into the KEYO shell would net him more than selling the shell outright ($500K perhaps, probably worth about the same as SPEA shell before the reverse merger). THAT's how a billionaire does it! Why has Shiong held on to this shell for so long when he sold the RPTN shell at about the same time he acquired KEYO? Owners just don't abandon shells Janice.....a clean, debt free shell does have value you know. Have a great day....
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