TheGlobe.com Inc (TGLO)

[JAB65]

Where is the master pot banger I wonder? Right? Wrong? This topic is above my pay grade....
Music interlude below while we pause on the topic of RS. please!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139680804

Delfin announces a R/M into TGLO and applies for a name, symbol and cusip number change.
Delfin makes one application to the SEC for the issuance of Preferred voting shares.
Delfin will convert their 70.9% ownership into the Preferred voting shares, therefore maintaining full control of the company, its assets and the ability to execute their business plan without any outside interference.
Delfin will offer up their 70.9% of their common shares to the investment community at a price in the dollars! IMHO those will be between $10.00 and $20.00.
Delfin will have their future financing to get the first part of their business plan executed.
Delfin could care less what the 25% remaining shareholders do or are rewarded with 'except' if most of that 25% is owned by the hedge fund where the owner of that hedge fund is on the Board of Directors of Delfin!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139672379

Well there appears to be a strong lack of knowledge with what the process of why any company would consider a R/S and losing complete control of their entire asset base to the market! Makes absolutely NO sense why a multi billion dollar company would give up their complete control of their assets by going public when they can convert their shares into super preferred voting shares. This process has happened thousand and thousands of times! Well lets just sit back and see who is right with this one! I like my odds! JMHO