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tryoty

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tryoty

Re: condor1 post# 301149

Friday, 04/17/2015 3:57:02 PM

Friday, April 17, 2015 3:57:02 PM

Post# of 361557
This is how I see this playing out...

A reverse split will occur. I has to. Offor owned 305M of 753M shares. Now there are roughly 1.5 billion shares out. Offor hasn't filed that he bought any, so *somebody* is holding those 750M new shares. Are they held by the retail crowd? Is it plausible that some entity grabbed half of them and now own more than Offor?

To maintain his control a reverse split will neuter current shareholders and then Offor will supply funding in return for a massive amount of shares.

He wins. We lose. Welcome to Nigeria.

People maintain anonymity for a reason and it is rarely noble.

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