Thursday, January 15, 2015 5:37:37 PM
Let us say Parks comes up with brilliant idea despite his lack of experience and ability. How will he fund without shares ? Reason why sub pennies use convertible debt is that often only financing available. Plus Parks has shown that is how he makes money.
Or get enough shareholders together and call shareholders meeting. Set up a web site and everyone can sign up saying how many shares they hold. Then find a shareholder who is willing to work for no money and no shares. Then find a lawyer who will work without payment to guide process. Does all that seem likely to you ?
IMO keep pressure on Parks to communicate and for him to try to get updates out on company. Who can take him or CEO seriously if after 1 month they cant handle basic IR functions ?
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