Monday, January 17, 2022 8:01:44 PM
I’d love to see that deal.
How was she able to created the Series A preferrd shares?
She had to get control from some deal to pull that off. Snd her 1m share score. Sweet for her.,
Did Rhonda make a deal to buy that 74% block of restricted shares ftom Hua Zang?
That was the control block of ENGA when it died and became abandoned. ENGA shares died too, Especially the restricted block.
We know Onyero bought control through Rhonda’s newly created P-shares.
Zang still shows he holds 17m restricted?? That deal to be shown later because it doesn’t effect the control deal. It’s not a material event.,
Float has 1.3m
So that leaves a few million restricted in someone’s hands?
And who can convert restricted?
The Board of Directors. That’s our guy Onyero.
He has no obligation to convert anyone. Sue me!
Or did he also score the entire block of restricted in the deal???
I’d think Zang dumped those for nothing when Rhonda took an interest. Probably all his pals holding restricted too? Best to take something instead of restricted nothing.,
If I bought the control Of a shell and I’m parking my $$$ maker story in it, I damn sure would want more of the shell than this control Series A. I’d want to be the majority share holder too. Not some loser from the past. Buy his ass out and bring the shell back alive.,
Give Rhonda a bone and sell your Milly when ever she wants. I can see those in the float today. It’s why we are not above $4
No big deal, she earned it. $1.80 gets hit hard. It could be her. Our volume had to have absorbed her in a snap.,
But that 17m restricted was the old control and control like that never gets converted.
In a round about way, I’m saying, I don’t think those restricted shares will ever be a worry.,
Those are in Onyero’s rainy day account.
When he sells this for $2.5Billion, he’ll cash in then.
We will find out all in the 10K. The restricted block is not a worry
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