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Re: boston745 post# 16306

Saturday, 05/12/2018 11:21:17 PM

Saturday, May 12, 2018 11:21:17 PM

Post# of 41813
85% is that what it looks like to you? That would be F'd up. So would you be more concerned about the new shares ballooning the OS? So the effect would be felt in the event of the actual merger/acquisition right? i.e. 30 million shares or so divided by the settled buy-out price would give us all much less per share than what we would have gotten with only 5 or 6 million shares right? Or would you be more concerned about the SP going down into pennyland with the dilution? Either way it would be ugly and I too would like to know if there is any recourse for current shareholders. That would be blatant. We would need like an Elliot Spitzer kind of lawyer (when Elliot Spitzer was on his A game). Even if we shareholders weren't able to change the outcome, Sonny should be held accountable for destroying the lives of the people who trusted him. I sure hope that it doesn't play out that way.
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