Blue Water Ventures Int'l Inc (BWVI)

[shajandr]

This scam is just setting the table for this, which wipes~OUTT the equity of existing common stock shareholders. Remember these are the shares that will be issued AFTER the reverse split is effective!!! To-wit:



Anyone who read and understood this passage in the 10-K knew immediately that the value of existing commons is ZERO. The term of art for this is being diluted to dust.

The new guys just basically take the entire equity. And actually that is fair. The pre-existing bullshit retired lawyer hobby diving shell was worth bupkis. The new guys ought not have to surrender any of their equity - as as the 10-K shows, they are nott gonna. They paid Keith and lett him ~OUTT and hat was all they needed to pay. Existing commons offer the New Guys nothing except a dilution of the New Guys value. So why give any of it up? They are nott. As I said, it may nott feel fair to the existing commons, butt it really is. They bring nothing to the table as far as the New Guys are concerned.

Sucks for the commons, butt those shares were fundamentally worthless anyway.