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Re: boston745 post# 15362

Friday, 04/27/2018 1:47:55 PM

Friday, April 27, 2018 1:47:55 PM

Post# of 41255
Food for thought. CL said the S-1 is so that they can control of shares if there is a merger so that there would be enough votes for a Yes. I know that me and a few of my friends which own a little less than 5% each would vote Yes if there was a merger at the right price even though we all voted No for the reverse split. Most investors voted No on the reverse split since most stocks go up only for a little while after the reverse then the stock usually starts dropping again for new lows. I think most of the investors that voted No also would vote Yes if there was a buyout/merger for the right price. So this has me wondering if there is a buyout/merger, then maybe it is a low ball offer or they just want control of the votes so that if they have a meeting to re-elect board members, they won't have a problem. Then Sonny can keep running the show.
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