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Re: bme post# 22887

Wednesday, 07/29/2015 2:11:45 PM

Wednesday, July 29, 2015 2:11:45 PM

Post# of 86313
They've clearly recovered their loan with a healthy profit, they may just sit on the $10k to see where it goes. Though if that was the case it would be smarter to convert and hold the larger number of shares for when we go back to pennyland. They have a large reserve I'd like to see released back into authorized. They don't need 500 mil shares to cover $10k but maybe that's part of it, keeping shares locked up - IMO

Hard to guess how their brains work over there, but i'm guessing they know what they're doing for their benefit. I called them yesterday asking why they haven't just finished and walked away and I was told, "we may break the 10 into two conversions" When I pressed for why he suddenly didn't know anything about how his company trades out.
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