TOTAL BS
FIRST OFF, THE PREFERRED SHARES ARE WHAT USPR REVOKED WHEN THEY CANCELLED THE RTC/PTH AGREEMENT. I THINK LAST TIME I LOOKED, PANE HAS A COUPLE OF MILLION SHARES.
SECOND, LET'S USE SOME COMMON SENSE AGAIN. IF PANE/SPANO HAD THE VOTES, WHY WOULD HE BE POSTING ON A MB - DESPERATELY LOOKING FOR VOTES.
THIRD, YOU HAVE PREVIOUSLY STATED, AND I AGREE THAT CONVERTS ARE JUST IN IT FOR THE PROFIT - THE 40-50% CONVERSION PROFIT. AND MOST OF THE CONVERSION HAS ALREADY OCCURRED ... - BUT NOW IN YOUR NEW SCENARIO, THE CONVERTS ARE GOING TO ALL OF A SUDDEN CONVERT AT ONCE, AND NOT LOOK FOR THEIR PROFITS - AND VOTE FOR PANE.
THIS IS A LAST DITCH EFFORT BY PANE AND SPANO TO EXTORT SHARES FROM USPR - BECAUSE ONCE GOLD NUMBERS ARE PROVEN, AND A JV DEAL IS IN PLACE, HE WON'T STAND A CHANCE.
