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Re: ABBAZABBA post# 19293

Tuesday, 03/20/2018 9:01:21 PM

Tuesday, March 20, 2018 9:01:21 PM

Post# of 31087
Lol I'm not trying to turn this into a pissing contest because I truly want to understand the mindset of this individual!


He is looking at the potential 77.5 million share conversion as the glass is half full and this will turn into a hostile take over where the share price is driven down in violent fashion and then shareholders get bought out at pennies and the company goes private...Or glass half full would be, 77.5 million shares get issued and we have a new owner just as the company is setting the stage to lock in revenue generating contracts and the share price continues to rise...


Idk about you, but if I was about to receive 77.5 million shares, I personally would want the company to flourish and the stock price be high rather than dump a portion of my shares which would decrease my personal book value and then have to pay off the holders of 26 million shares + whatever I have just dumped to get it down to whatever price point in order to take the company private... Which sounds more realistic here?
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