InvestorsHub Logo
Followers 10
Posts 2029
Boards Moderated 0
Alias Born 06/11/2017

Re: None

Wednesday, 06/24/2020 3:27:49 PM

Wednesday, June 24, 2020 3:27:49 PM

Post# of 203913
Buy Out (low ball offer)

special meeting will be held before July 21st..

going to be a dog and pony show at the special meeting... because the entities purchased enough shares to impact the outcome. If they want to go with a RS 3.0, they won't need a special meeting.

In fact, they would send out ballot and hold the meeting for result. This is exactly why I think it's a dog and pony show at the meeting.

here's how it will go down.. something along the line of the below:

Shareholders, as you all know we are running out of cash. We were not able to obtain non-toxic funding or JV partners.

You can vote on the below options (ballot will be mail out XYZ date):

Proposal A, BO at 10cents offered by XYZ entity. Yes, it's a low ball offer by our standard. We have no other interested parties.

Proposal B, RS v3.0 (10 to 1) and will seek funding from non-toxic and toxic sources and keep the party going


-----the above is for entertainment purpose only---- IMO of course..LOL!!