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Re: Silver Surfer post# 10155

Friday, 12/01/2017 9:12:51 AM

Friday, December 01, 2017 9:12:51 AM

Post# of 14766
An absolutely fabulously helpful reply to my original post. Thank you greatly.

Now, I looked on the company web site & the link to their SEC filings but could not find the document you refer to that references the 127 million shares. Do you, or someone else, have a link to that document so I can take its details in?

Also, as regards your comment that the deal may be too expensive: if shareholders do not have voting control, which I think they lack, its is not going to be a stopable matter.

Does management actually have voting control? Generally, with little companies like this, management sets things up so they are in control.... After all, the last thing any small disruptive company wants is to be taken over near the start by a predator, so they always set things up so they don't fall prey to a hostile takeover. The other side of that coin is that, when they want something like this to happen, they don't even propose it unless they can pull it off. Voting by common shareholders is usually just a formality.

And this morning, the futures trading on bitcoins on CME gained regulatory approval so there is every expectation to think that 127 million shares is NOT too expensive if the value of cryptos continues to skyrocket.

Finally, what is an S4?

TIA

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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