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janice shell

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janice shell

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Re: makesumgravy post# 6994

Saturday, 05/13/2006 7:02:57 PM

Saturday, May 13, 2006 7:02:57 PM

Post# of 56764
It would be dumb not to accept this exchange.

It would? Let's say we have ten shareholders. Nine of them agree to accept the exchange. You don't.

When the exchange is completed, you'll have a LOT more stock than they do. And presumably stock price will be higher.

My take is that Pearl didn't think this through. She's assuming that everyone will accept the exchange. Even if they do, there'll be problems. But is it her real intention somehow to force all shareholders to accept the exchange?
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