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Re: ladybug1 post# 21117

Wednesday, 09/18/2019 11:02:38 AM

Wednesday, September 18, 2019 11:02:38 AM

Post# of 48950
Acquiring pink sheet shell is a business not a charity. I would assume that the new BOD have already, directly or indirectly, scooped up the toxic debt, will do an RS and vend in their own deal leaving shareholders very very much diluted.

Many businessmen like to use 'dark' shells as they are easier to do more messing around with the capitalisation for a lack of a better term.

Its done all the time.

'Loyal shareholders' in a pinkie, is an oxymoron, like 'English cuisine',or 'deafening silence.'

The shareholders want one thing, to make money on the stock. The new management has the same agenda but they can use other tools such as the toxic debt, RS, inter alia (among other things)

This shell acquisition, restructuring will be no different, that's my opinion.