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Tuesday, June 04, 2019 5:18:20 PM
He bought the clean shell from Carl. A publicly traded shell company that has a clean history (no convertible preferred shares) are expensive.
How has Carl gotten away with selling all these years without filing? Hard to say. Carl taught Kevin along the way.
Kevin has been the majority shareholder for a long time. He owns the preferred share, which gives him 50.1% voting rights. You could buy every share issued by Viaspace (all 4+ billion of 'em) and Kevin would still have 50.1% control due to the one preferred share.
Kevin, on paper, is in the green right now to the tune of about $10,000,000+ with all the discounted shares he has PURCHASED according to my calculations & spreadsheet.
Rule #1 is never lose money.
Rule #2 is never forget Rule #1.
My posts are my opinions only. Do you your own due diligence.
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