![](https://investorshub.advfn.com/uicon/282218.png?cb=1479390307)
Thursday, September 17, 2015 10:20:29 PM
Redeeming the stock for 20 cents a share in cash would be the best option. Yes indeed, issuing $4 MILLION worth of shares in the current price range would probably require raising the A/S and the resulting increase in O/S would send the stock to trip 0's pretty quickly. At least the Class C shareholders would get SOMETHING though. If they wait, they will get NOTHING!
The Class C shares are redeemable immediately and expire next March. The company has not even sent all the shares out yet. The company's strategy seems to be to stall and hope the Class C shareholders wait too long. That's relying on shareholder stupidity and I don't think ALL of the Class C shareholders are THAT stupid.
Good DD IS NOT just reciting the PRs and company handouts and looking for the good. Those things are never hard to find.
Good DD IS finding out what the company and CEO do NOT want you to know.
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM