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Re: richme post# 42895

Sunday, 08/08/2021 2:32:52 PM

Sunday, August 08, 2021 2:32:52 PM

Post# of 51002
I'd worry. It is easy to talk about giving out $8M cash on hand, MUCH harder to actually dish it out.

Go figure. MSSV management acquired $8.2 Million to do this. The company has a choice to make now. Which is best for the company? Let's see:

Switch gears again. Continue with the distribution of preferred shares as previously committed to: this would actually be a paper transfer. No "real" money from the company rather just issuing 'paper' authorizing owners of that paper to convert into common shares and attain their "payback" from the market. Company retains $8.2M of cash on the books. Rather nice, I would say.

Actually nullify the preferred shares and instead distribute the $8.2 million of cash to previous LAHO common SHs as currently promised. $8.2 Million off the books and scattered around the globe with far less MSSV shares to deal with and STILL not "really knowing" if GSCG will be incorporated OR if the remaining MSSV shares will EXPLODE in the market.

A third option remains. Screw the LAHO SHs. CYA making sure all really important people are taken care of (insiders) through the magic of issuing them paper that really converts to MSSV common shares and reneging on the promise of cash to the remaining LAHO shareholders. $8.2 Million remains on the books, share dilution is hidden and THEN the GSCG merger takes place and its PPS really does EXPLODE. Happy, happy, happy is the company. Hell, no one is going to sue successfully and I don't personally know those loser LAHO SHs anyway. Money, money, money.

Business politics just like Government politics. The little guy takes it in the ass. Now what is wrong with that? We all know there is risk in investing our money in the market anyway.
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