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Alias Born | 05/03/2011 |
Friday, August 25, 2017 2:44:39 PM
If things at VSPC were on the up and up (to the moon!, Watch it GROW!) why would the second largest shareholder (Chang) be liquidating all of his stock in VSPC? After all, it's free money, basically. He was given 300,000,000 shares, roughly, for his Inter-Pacific Arts company. Then he took back his Inter-Pacific Arts company and kept the shares. Free money.
Schewe is in total control now, just as I predicted. Schewe only has $20,000 left on his current discounted share purchase agreement. He owns about 1,400,000,000 (1.4 billion) shares, discounted. He has bought nearly 90% of his shares at an 80% discount.
There is only about 500,000,000 company shares left to sell. 3,400,000,000 shares issued, 3,900,000,000 authorized. They may have another small share purchase agreement so the remaining authorized shares can be sold at a discount. Then reverse split.
Who knows, but I've been right ever since 2008.
Rule #1 is never lose money.
Rule #2 is never forget Rule #1.
My posts are my opinions only. Do you your own due diligence.
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