Monday, March 11, 2019 11:18:01 AM
ME:Good morning Berge,
Now is not the time to ignore your shareholders. You rear ended them, now you need to explain why. And it's not to "get the stock trading again" especially when you just alienated your entire current shareholder base, who will now be around to warn off any new investors.
Berge: Mike I’m not In The country I’m traveling and working hard for my shareholders, I didn’t rear end any body I’m doing what’s good for the company, do you really think we can grow as a company with a stock price of .0001? It’s a joke. This is not the final restructuring; we need to get the first stage in place then we will address the shareholders, we’re in discussion on doing something as a company to our shareholders but it can’t be discussed now.
Berge
Me:We're all stuck now, so we have no choice now but to see what it is you will do for the shareholders. Unfortunately for us you've always done what's good for the company, but not what's good for shareholders. How are we to believe that this time will be any different?
Berge: Mike, .0001 with no trading is that were you want to be? Shareholders will be fine once we finalize the reverse.
Me:Berge, with all due respect, you put us at .0001 with no trading with tremendous dilution and no promotion of the stock so the conversions could be done with fewer shares at higher prices. So no, of course I don't want to be at .0001 but this could have been avoided.
And no, shareholders will not be fine once the reverse is finalized. Price will drop almost immediately by 70 or 80% once anyone can trade the stock, plus WE all get charged by our brokerages for share conversions when YOU reverse split.
FEATURED North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM