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Re: None

Sunday, 03/26/2017 10:05:39 PM

Sunday, March 26, 2017 10:05:39 PM

Post# of 13983
During any RM, the terms of said RM dictate where the majority shares go, and in almost all cases, they go to the new owner/CEO. In some cases they are returned to the treasury, but hardly ever. Some CEOs retire their shares, some sit on them, and some sell them. Brandon Romanek's are restricted and CANNOT be sold till 2018 even if he wanted to. So, he can either sit on them or retire them, either case is good with me.

Most companies also RS as part of the RM so that they own more of the shares and reduce out previous share holders. This screws over previous share holders and benefits the new company. Our CEO decided not to screw everyone over and did NOT RS during the RM.

He has been completely transparent and not a typical stinky pinkie CEO. He has not gone back on his word, and has been very outgoing and doing his best to keep us informed along the way. I have ZERO faults with him.

Everyone have a nice night, and a great $THCT week.