SKY440 Inc (SKYF)

[Smilin_B]

Bob can change the terms of the offering at any point in time.

Seriously, who is going to give him .0001 a share when they can just buy the stock on the open market for that price? There has to be some type of incentive and the only incentive a CEO can do when raising capital is to offer shares at a discount. I just hope he doesn't issue toxic convertible debentures. That would be the ultimate death blow.